Tag Archives: volkswagen group

Automobili Lamborghini Posts Record 2021 Sales

Posted on 12 January 2022 by Ken Zino

Automobili Lamborghini ended 2021 with an  all-time record: 8,405 cars delivered worldwide, making it the company’s best year ever, the Italy-based German-owned company said today. Yes, today, even though Italian bankers invented double entry book-keeping, these things take time. Global sales were up by 13% compared to 2020 came the release from Sant’Agata Bolognese of a company that is owned by Volkswagen Group under Audi. Continue reading →

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Electrify America to Double its Current EV Charging Network

Posted on 13 July 2021 by Ken Zino

The announcement builds on Electrify America’s previous commitment to invest $2 billion over 10 years in Zero Emission Vehicle (ZEV) infrastructure, education, and access in the U.S. In addition to adding to its existing network in the U.S., Electrify America will also expand its Electrify Canada charging network, which began installations in 2019. Continue reading →

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Volkswagen de México Exporting Taos SUVs to US

Posted on 21 April 2021 by Ken Zino

Since its foundation, Volkswagen de Mexico has produced more than 13 million of vehicles. Currently, the Puebla Plant produces the Jetta, Tiguan LWB and Taos models; the Silao Plant produces the engines EA888 and EA211, which are integrated in the production of vehicles for the Volkswagen Brand and Audi, in North America. Continue reading →

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Porsche SE Profit For Fiscal Year 2020 Forecast at €2.6 Billion

Posted on 12 February 2021 by Ken Zino

The group result after tax of Porsche SE is influenced significantly by its equity result from the capital stake in Volkswagen AG of currently about 31.4%, and thus by the group result after tax of Volkswagen AG. Continue reading →

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Volkswagen Group Closes 2019 Books

Posted on 17 March 2020 by Ken Zino

The spread of coronavirus is currently impacting the global economy. It is uncertain how severely or for how long this will also affect the Volkswagen Group. Currently, it is almost impossible to make a reliable forecast. Continue reading →

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Volkswagen Group Debuts Investment Plan for 2020-2024

Posted on 16 November 2019 by Ken Zino

The Group plans to spend nearly €60 billion on hybridization, electric mobility and digitalization in the next five years. Continue reading →

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California, Automakers Defying Trump Agree on Emissions

Posted on 6 August 2019 by Ken Zino

On April 13, 2018, however, the Trump Administration took the first step toward dismantling the national program when it issued a revised final determination that alleged the federal greenhouse gas standards for model year 2022-2025 vehicles were no longer appropriate.kxhw@aol.com Continue reading →

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Volkswagen and Ford Alliance Under Study

Posted on 21 June 2018 by Ken Zino

Against this backdrop and with a possible shakeout as devastating as occurred more than a century ago as the automobile emerged, it’s not surprising that long established car companies are seeking collaborative agreements to share the risks, cut the cost of research, development and production and survive as an entity when taking an individual road appears one paved with doom. Continue reading →

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Volkswagen Prices 2017 e-Golf at $31,315

Posted on 14 September 2017 by Ken Zino

There’s a catch however – potentially an expensive one: up to 80% charge within an hour requires charging at a limited number of DC fast charging stations. Frequent and consecutive high-voltage charging – including DC charging – can permanently decrease the capacity of the high-voltage battery. It’s like the old ‘memory effect’ of Ni-Cad batteries. Continue reading →

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SEAT Sets Profit Record of €143m in 2016

Posted on 25 March 2017 by Ken Zino

Worldwide sales were nearly 410,000 vehicles. SEAT is a member of the Volkswagen Group, the multinational has its headquarters in Martorell (Barcelona), exporting 81% of its vehicles in over 80 countries through a network of 1,700 dealerships. Continue reading →

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Diesel Emission Fraud Charges Hit Volkswagen Group Profits

Posted on 27 October 2016 by Ken Zino

Gentlefolks Chief Financial Officer Frank Witter said, “The impact of the diesel issue, in particular, required a systematic, disciplined approach to investments and costs. But further significant improvements in productivity and profitability are needed across the whole Group.” Continue reading →

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Bentley Testing Concierge Fuel Service in California

Posted on 4 October 2016 by Ken Zino

Owners open a Filld for Bentley app, choose a delivery time, and their fuel will be delivered wherever and whenever they require. This first-ever Connected Car integration means that customers don’t need to unlock the fuel cap themselves, or identify the car’s exact location as this is done for them securely through the Filld for Bentley service. Bentley predicts additional future benefits, including predictive fuel ordering where the car places an order for itself based on fuel level, location and customer preferences. Continue reading →

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Stefan Sielaff to Head Bentley Design. Donckerwolke Out

Posted on 4 June 2015 by Ken Zino

In April after Ford Motor unveiled the Lincoln Continental concept at the New York Auto Show, Donckerwolke in a post on his Facebook page calledout the 2016 Continental plagiarism. “I would have called it a Flying Spur concept and kept the four round lights,” he wrote. Continue reading →

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Huge Bonus declared for Porsche employees

Posted on 25 March 2015 by Ken Zino

During 2014 the launch of the Porsche Macan as the second SUV in the model range from what was once a sports car maker increased deliveries by 17% to ~190,000 vehicles compared to 2013. This earned owner Volkswagen Group roughly $23,000 per Porsche peddled. Continue reading →

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Volkswagen Group on Track for 9.5 Million in 2013 Sales

Posted on 19 November 2013 by Ken Zino

Volkswagen Group is now saying it will sell 9.5 million vehicles for the full year, which, if true, could unseat the existing Number One Global sales leader Toyota Motor and Number Two General Motors, both of whom currently have more conservative sales forecasts. Continue reading →

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