Volkswagen May Discontinue Up To Half Its Current Models
The board of directors for Volkswagen AG met on July 9 to approve a new plan proposed by CEO Oliver Blume for the company’s future.
Kai Grünitz, Olaf Lies, Robert Müller, Jörg Tegeler, and Martin Sander at the handover of the 1.5 million ID. model in Emden. Copyright: Volkswagen AG.
The board of directors for Volkswagen AG met on July 9 to approve a new plan proposed by CEO Oliver Blume for the company’s future.
With its largest-ever product campaign for electric vehicles, the Volkswagen Group is consistently implementing its “In China, for China” strategy—starting with “Auto China 2026” in Beijing. Under the motto “Rise Up”, the Volkswagen Group will present ten models from four brands at its Media Night on April 21, while also … [continued]
Porsche is getting rocked in its two major markets — China and the US. It just announced a new plan to stop the bleeding.
Volkswagen announced this week that it has two new PHEV versions of the Golf and has ended its collaboration with Renault.
Porsche and Tesla both had battery factory news this week. It is amazing how small details can impact multi billion dollar decisions.
News reports from Germany indicate Volkswagen Group CEO Oliver Bloom is about to fire the entire management team at Cariad.
T&E analysis shows European car manufacturers have doubled profits since 2019, yet they claim EU plans to clean up toxic emissions are too costly.
And 17% of people in another survey don’t know Tesla builds an EV!
In a surprise move, Volkswagen is replacing Herbert Diess with Oliver Blume as CEO.
In 2020, Volkswagen Group increased the share of renewables powering its European factories from 80% to 95% (year over year/YoY), and 10 of its factories became 100% renewably powered. The target is for them to reach 100% renewable power by 2023. In China, Volkswagen Group increased the share of renewables … [continued]