Tag Archives: Volkswagen Group

Volkswagen Group to invest EUR 85.6 billion in new models, innovative technologies and its global presence in its Automotive Division over the coming five years

• EUR 85.6 billion for new models, environmentally friendly technologies and production facilities in the coming five years • Capex ratio to remain at a competitive level of between six and seven percent • Over half of investments in property, … Read the full press release

More than 600 experts attended the Volkswagen Group’s PhD Day in Wolfsburg

600 experts visit the PhD Day at Volkswagen in Wolfsburg WOLFSBURG, 30-10-2014 — /EuropaWire/ — This year, more than 600 experts attended the Volkswagen Group’s PhD Day, when 95 young scientists presented their research findings at the MobileLifeCampus in Wolfsburg. Their … Read the full press release

Volkswagen Group: Automobili Lamborghini obtains certification from TÜV for its carbon fiber car repair service, world’s first within the automotive industry

Sant’Agata Bolognese, 29-9-2014 — /EuropaWire/ — Automobili Lamborghini has obtained certification from TÜV for its carbon fiber car repair service over the entire product range. The certificate was presented today at the company’s Sant’Agata Bolognese headquarters in the presence of … Read the full press release

Porsche Financial Services, Inc. issues new ABS bond in the USA worth approximately 490 million US dollars

Once again, high investor demand in refinancing Stuttgart, 23-5-2014 — /EuropaWire/ — Porsche Financial Services, Inc. headquartered in Atlanta, Georgia, has issued a new ABS bond in the USA worth approximately 490 million US dollars. Porsche Financial Services is an indirect, wholly … Read the full press release

Wolfgang Dürheimer appointed Chairman and CEO of Bentley Motors Ltd

Crewe, UK, 16-4-2014 — /EuropaWire/ — Wolfgang Dürheimer, General Representative of the Volkswagen Group responsible for motorsport, is to become Chairman and Chief Executive Officer of Bentley Motors Ltd with effect from June 1, 2014. He is to succeed Dr Wolfgang Schreiber, … Read the full press release

Volkswagen Group announced it invested record €10.2 billion during 2013 in eco-friendly vehicles

• More than €10 billion for research and development for the first time • EU new vehicle fleet better than target, at about 128 grams CO2 / km • Already 54 model variants below 100 grams CO2 / km • … Read the full press release

Volkswagen Group intends to address the major automotive industry challenges with the launch of its “Future Tracks” initiative

• Group to reorient “thinking and action” to new challenges • Cooperation of “best developers, production experts and strategists” planned • Chairman of the Board of Management Prof. Dr. Winterkorn: “The automobile  industry must not bury its head in the … Read the full press release

Volkswagen Group announced its worldwide deliveries grew 4.7 percent in January – November 2013 YoY

 4.7 percent* increase from January to November 828,600 vehicles delivered in November / +4.3 percent* Group Board Member for Sales Christian Klingler: “Deliveries in November  developed well. Challenges remain.” Wolfsburg, Germany, 17-12-2013 — /EuropaWire/ — Worldwide deliveries by the Volkswagen Group grew … Read the full press release