Tag: Oliver Blume
With the dispute over e-fuels, the EU has opened Pandora’s box
At the end of 2020, Japan let the world know that by 2035 the combustion engine would be obsolete in the world’s third largest car market. Norway had previously announced…
The deputy editor-in-chief’s weekly recap
Good morning everyone, last Monday our morning conference started with a picture and a sentence: “At the moment the Dax is falling quite steeply”, wrote our team leader Investment &…
VW wants to take over German Argo employees
Autonomous test VW in Hamburg Volkswagen wants to take over the workforce of the German joint venture from Argo AI. (Photo: Argo AI) Dusseldorf, Berlin The carmaker Volkswagen wants to…
“Anyone who develops the last combustion engine has to spend a lot of money”
Markus Duesman The Audi boss in the electric SUV Q8 E-Tron. (Photo: AUDI AG) Ingolstadt Audi boss Markus Duesmann is not shaking things up with the combustion engine phase-out. “Our…
The e-small car bet could fail on these three points
VW concept car ID.2 All at the presentation in Hamburg It’s not often that Volkswagen outsmarts its US competitor Tesla. Under CEO Oliver Blume, Germany’s largest car manufacturer has now…
Ducati boss achieves record sales and plans sustainable racing machines
Bologna The Italian motorcycle manufacturer Ducati set two records in 2022. First a sporty one that can be seen in the Ducati Museum, right next to the factory on the…
Volkswagen wants to invest 180 billion euros within five years
Berlin The premium brands around Audi and Porsche and the leasing division secured a good result for the Volkswagen Group in the past year despite the continued lack of chips.…
Volkswagen wants to invest 180 billion euros within five years
Berlin The premium brands around Audi and Porsche and the leasing division VW Financial Services have secured a comparatively good annual result for the Volkswagen Group for 2022, despite the…
Ex-boss Herbert Diess receives a record salary of 11.6 million euros
Former VW boss Herbert Diess The former CEO will be paid a record salary for 2022. (Photo: dpa) Berlin Herbert Diess has officially been rid of his position as VW…
Volkswagen wants to invest 180 billion euros within five years
Volkswagen ID. buzz The group wants to invest billions in new models. (Photo: IMAGO/Future Image) Berlin Volkswagen is pushing ahead with the electrification of its fleet and intends to invest…
Volkswagen builds battery cell plant in Canada
Salzgitter Europe’s largest carmaker Volkswagen is building its next battery cell plant in North America, more precisely in Canada. The group and VW’s battery subsidiary PowerCo announced this on Monday…
This makes electric cars even more expensive
Electric model from Volkswagen There could be a rude awakening in the Wolfsburg company headquarters. (Photo: dpa) Stuttgart With the announcement that it would build the powertrain for electric cars…
This makes electric cars even more expensive
Electric model from Volkswagen There could be a rude awakening in the Wolfsburg company headquarters. (Photo: dpa) Stuttgart With the announcement that it would build the powertrain for electric cars…
Volkswagen plans battery cell factory in North America
Dusseldorf There have been rumors at Volkswagen for days about a new battery cell plant in North America. Last Friday, Europe’s largest automaker scheduled a conference call to announce a…
Volkswagen will lower the starting price from the end of March
Imelda Labbe The VW brand director confirms the new price for the basic model of the ID.3. (Photo: VW) Dusseldorf The Volkswagen brand will soon be offering its ID.3 electric…
VW confirms entry price for VW ID.3
New VW ID.3 Basic model from 39,995 euros. (Photo: VW) Dusseldorf The Volkswagen brand will soon be offering its ID.3 electric model again for less than 40,000 euros. Sales manager…
VW builds Scout plant in South Carolina and raises dividend – share increases
Oliver Blume The jump in the price of VW shares gives the CEO a tailwind for his investment plans. (Photo: Reuters) Dusseldorf Despite the war in Ukraine and the energy…
Female revolution at the top of the Dax – the 16 new board members
The 16 new Dax board members The Dax has never been as feminine as it is now. These women show how to get to the top of German companies. Women…
The E-VW should cost less than 40,000 euros
New VW ID.3 Similar on the outside, more valuable on the inside – and soon again under 40,000 euros. (Photo: Volkswagen AG) Dusseldorf Contrary to the announcement by Volkswagen boss…
Google cooperation with VW possible via new app store
Dusseldorf In the future, Google applications could run in Volkswagen Group cars. This was revealed by the Cariad software unit before the presentation of a new VW app store. Apps…