Volkswagen Group

(IN BRIEF) Despite facing challenging conditions in 2023, Volkswagen Group achieved robust financial results, showcasing its resilience and adaptability. With a strong focus on electrification and a flexible product strategy, the Group successfully met customers’ needs globally. The year also … Read the full press release →

(IN BRIEF) Škoda Auto celebrates the completion of its new headquarters, the Laurin & Klement Kampus (LKK), in Mladá Boleslav, boasting state-of-the-art facilities designed to accommodate up to 2,000 employees. The interconnected complex, built within two years, aims to foster … Read the full press release →

(IN BRIEF) Škoda Auto India has announced the development of an all-new compact SUV, marking the next phase of its product expansion strategy following the successful launches of the Kushaq and Slavia models. Scheduled for debut in the first half … Read the full press release →

(IN BRIEF) MAN Truck & Bus SE has announced the appointment of Hubert Altschäffl to its Executive Board, effective April 1, 2024, where he will oversee the human resources department as a member of the board and labor director. Altschäffl … Read the full press release →

(IN BRIEF) The Volkswagen Group has partnered with the KW Institute for Contemporary Art in Berlin for a two-year project called “KW Digital: Poetics of Encryption.” This initiative explores the impact of digitalization and artificial intelligence on art and society. … Read the full press release →

(IN BRIEF) In a significant move towards advancing their joint vision for e-mobility, Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed a landmark supply agreement for components of Volkswagen’s MEB platform to be integrated into Mahindra’s purpose-built electric … Read the full press release →

(IN BRIEF) From Bonn to Bilbao, Europe’s AI scene is buzzing with innovation. Major players like Deutsche Telekom, Ericsson, and Volkswagen are pushing boundaries through groundbreaking partnerships and integrations. Projects like NextGen are personalizing therapies using AI, while collaborations between … Read the full press release →

(IN BRIEF) CUPRA introduces an innovative in-car system, the CUPRA Charging Map, to streamline the charging experience for CUPRA Born drivers across Europe. Integrated into the vehicle’s infotainment display, the app provides real-time data on 620,000 charging points in 27 … Read the full press release →

(IN BRIEF) Škoda Auto has unveiled exterior sketches of the refreshed Octavia, the latest iteration of its iconic model that has achieved over seven million sales since its 1996 launch. The new Octavia features refined design elements, including updated headlights, … Read the full press release →

(IN BRIEF) The Volkswagen Group, with annual financing requirements of approximately €20 billion, is a regular participant in the international bond markets. To provide greater transparency to investors, Volkswagen AG and Volkswagen Financial Services AG have decided to engage Fitch … Read the full press release →

(IN BRIEF) The SPOBIS Conference in Hamburg saw discussions revolving around inclusion, diversity, and football, featuring the German Football Association (DFB) and Volkswagen. The ‘Inclusion in Football’ workshop addressed topics such as inclusive football clubs, emphasizing experiences over results, and … Read the full press release →

(IN BRIEF) Volkswagen Group is spearheading the integration of artificial intelligence (AI) in its vehicles to offer customers enhanced digital experiences. The company has unveiled the “AI Lab,” a global hub for innovation that will identify AI-based product ideas, collaborate … Read the full press release →

(IN BRIEF) The Volkswagen Group is strengthening its Technical Development Board function in China as part of its “In China, for China” strategy. Thomas Ulbrich, former Member of the Board of Management of the Volkswagen Brand for “New Mobility,” will … Read the full press release →

(IN BRIEF) SEAT S.A. has appointed Sven Schuwirth as the new Executive Vice-President for Sales and Marketing, overseeing both SEAT and CUPRA brands, starting from February 1, 2024. This appointment marks a natural progression in Schuwirth’s career at SEAT, where … Read the full press release →

(IN BRIEF) Domenico Nucera, President of Iveco Group’s Bus Business Unit, has been appointed as the Chairperson of the bus and coach division of the European Automobile Manufacturers’ Association (ACEA). Nucera’s role is crucial as the European Union aims for … Read the full press release →

(IN BRIEF) Škoda Auto has begun series production of its second-generation Kodiaq SUV at the Kvasiny plant in the Czech Republic. The company invested €49 million to modernize and expand the production facilities, enabling the plant to produce up to … Read the full press release →

(IN BRIEF) The European Investment Bank (EIB) is set to provide a substantial lending package of slightly over $1.038 billion (€942.6 million) to support the expansion of Northvolt’s gigafactory in Skellefteå, Sweden. This financing is a crucial component of a … Read the full press release →

(IN BRIEF) Harald Seidel, the President of DAF Trucks, has been chosen as the Chairman of the Commercial Vehicle Board of the European Automobile Manufacturers’ Association (ACEA) for the year 2024. Seidel highlighted the transformative year ahead for the European … Read the full press release →

(IN BRIEF) Škoda Auto is integrating the AI-based chatbot ChatGPT into its Laura voice assistant, enhancing the in-vehicle experience for customers. The chatbot, powered by Cerence Chat Pro, will be available in Škoda models based on MEB GP and MQB … Read the full press release →

(IN BRIEF) Volkswagen brand saw a significant increase in vehicle deliveries worldwide in 2023, with around 4.87 million vehicles handed over to customers, representing a 6.7% increase compared to 2022. The demand for all-electric vehicles also grew, with Volkswagen delivering … Read the full press release →