Tag Archives: Volkswagen Group

Volkswagen Group to invest EUR 34 billion in e-mobility, autonomous driving and digital networking of all road users by 2022

200 “Future Heads” from all over the Group are picturing urban mobility in the year 2030+ Cooperation with Kuka: “CarLa” is first mobile charging robot for electric automobiles Partnerships with cities are important incubator for individual mobility solutions MOIA shuttle … Read the full press release

Volkswagen Group develops potential female managers in all Group brands and companies

CEO Matthias Müller: “Within the Volkswagen Group, we want and indeed need more competence, more experience and more prospects from and for women.” WOLFSBURG, 31-Jul-2017 — /EuropaWire/ — The Volkswagen Group is committed to employing women in leadership functions and management … Read the full press release

Volkswagen Group opens new multi-brand joint venture in Algeria

Daily production capacity of up to 200 vehicles Assembly to start with the Volkswagen Golf, SEAT Ibiza, ŠKODA Octavia and the Caddy from Volkswagen Commercial Vehicles Training of employees at production plants of the various Group brands Volkswagen Polo and … Read the full press release

Volkswagen Group appoints Dr. Kurt Michels as Chief Compliance Officer

Dr. Frank Fabian becomes Speaker of the Management Board of Wolfsburg AG WOLFSBURG, 24-Mar-2017 — /EuropaWire/ — Dr. Kurt Michels (46), previously Chief Compliance Officer Trucks & Vans & Buses of Daimler AG, has been appointed as Chief Compliance Officer of … Read the full press release

Volkswagen Group expands its know-how in artificial intelligence, big data, virtual reality, smart production and connectivity

Volkswagen Group expands IT know-how in future-oriented areas HR Board Member Blessing: “We are adding top people to team for digitalization.” CIO Hofmann: “Nowhere is IT more exciting than at Volkswagen!” WOLFSBURG, 29-Dec-2016 — /EuropaWire/ — The Volkswagen Group is reinforcing … Read the full press release

Volkswagen Group rolled out new campaign on integrity at its Wolfsburg plant

Dr. Christine Hohmann-Dennhardt: “Our goal is to anchor conduct based on integrity and values even more strongly in our everyday lives.” Integrity management and integrity ambassadors to form the link between the Board of Management and the workforce Integrity is a cornerstone … Read the full press release

Volkswagen Group 1H2016: figures show that our operating business is sound

Operating profit before special items for the first six months up on the prior-year figure Volkswagen Passenger Car brand turns in a robust performance in the second quarter CFO Witter: “Group can build on its high earnings power“ Wolfsburg, 28-Jul-2016 … Read the full press release

Volkswagen Group’s June 2016 deliveries up by 5.1 percent compared with the prior year; 1.5 percent increase in the 1H

883,400 vehicles delivered in month of June – a rise of 5.1 percent Fred Kappler, Head of Group Sales: “Solid growth overall during the first half year is partly attributable to the strong performance in June.” Wolfsburg, 28-Jul-2016 — /EuropaWire/ … Read the full press release

Volkswagen Group Q1-2016: we have achieved respectable results under difficult conditions

• Group sales revenue for the first three months down slightly, operating profit at EUR 3.4 billion, due to positive special items • Net liquidity in the Automotive Division up further to EUR 26.0 billion at the end of March … Read the full press release

Volkswagen Group CEO Matthias Müller: We will strictly prioritize all investments and expenditures

CEO Matthias Müller: “We will strictly prioritize all investments and expenditures” Even greater focus on alternative drive technologies and digitalization Wolfsburg, 23-11-2015 — /EuropaWire/ — The Volkswagen Group is aligning investment activity in its Automotive Division with the current situation. … Read the full press release

Volkswagen Group appoints Johann Jungwirth as Head of Digitalization Strategy Department

Wolfsburg, Germany, 13-11-2015 — /EuropaWire/ — Johann Jungwirth (42) has been appointed as Head of the Volkswagen Group’s newly-established Digitalization Strategy Department effective November 1, 2015. Jungwirth moved to the Volkswagen Group from the American IT corporation Apple and reports … Read the full press release

China’s Vice Premier Ma Kai met with Volkswagen Aktiengesellschaft board members in Volkswagen Group headquarters in Wolfsburg; electro-mobility and autonomous driving key topics

Prof. Dr. Martin Winterkorn informs high-ranking delegation about Volkswagen electro-mobility campaign Key topic digitalization / presentation on autonomous driving WOLFSBURG,  20-3-2015 — /EuropaWire/ — Ma Kai, Vice Premier of the State Council of the People’s Republic of China, visited the Volkswagen … Read the full press release

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