Tag Archives: volkswagen group

Automobili Lamborghini Posts Record 2021 Sales

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

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

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

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

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

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

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

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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