German prosecutors press charges against former VW CEO Winterkorn

Prosecutors in the German city of Braunschweig said on Monday they were pressing criminal charges against former Volkswagen Chief Executive Martin Winterkorn in connection with the carmaker’s manipulation of diesel emissions testing. Four other executives are being charged, the prosecutors office said in a statement. VW has had to recall hundreds of thousands of cars around the world since it admitted in Sept. 2015 to installing illegal software in diesel engines to cheat strict U.S. anti-pollut


Prosecutors in the German city of Braunschweig said on Monday they were pressing criminal charges against former Volkswagen Chief Executive Martin Winterkorn in connection with the carmaker’s manipulation of diesel emissions testing. Four other executives are being charged, the prosecutors office said in a statement. VW has had to recall hundreds of thousands of cars around the world since it admitted in Sept. 2015 to installing illegal software in diesel engines to cheat strict U.S. anti-pollut
German prosecutors press charges against former VW CEO Winterkorn Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: getty images
Keywords: news, cnbc, companies, press, ceo, thousands, tests, world, volkswagen, charges, testingfour, strict, statementvw, diesel, vw, german, prosecutors, winterkorn


German prosecutors press charges against former VW CEO Winterkorn

Prosecutors in the German city of Braunschweig said on Monday they were pressing criminal charges against former Volkswagen Chief Executive Martin Winterkorn in connection with the carmaker’s manipulation of diesel emissions testing.

Four other executives are being charged, the prosecutors office said in a statement.

VW has had to recall hundreds of thousands of cars around the world since it admitted in Sept. 2015 to installing illegal software in diesel engines to cheat strict U.S. anti-pollution tests.


Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: getty images
Keywords: news, cnbc, companies, press, ceo, thousands, tests, world, volkswagen, charges, testingfour, strict, statementvw, diesel, vw, german, prosecutors, winterkorn


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Volkswagen plans to take on Tesla’s Model X in China

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German carmaker ramps up production of zero emissions vehicles. The planned new SUV is the latest move in Volkswagen’s aggressive growth strategy in China, where electric cars are given preferential treatment by authorities. VW Chief Executive Herbert Diess said the ID ROOMZ will be the flagship electric car to be launched by Volkswagen in China.


Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German carmaker ramps up production of zero emissions vehicles. The planned new SUV is the latest move in Volkswagen’s aggressive growth strategy in China, where electric cars are given preferential treatment by authorities. VW Chief Executive Herbert Diess said the ID ROOMZ will be the flagship electric car to be launched by Volkswagen in China.
Volkswagen plans to take on Tesla’s Model X in China Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: picture alliance, getty images
Keywords: news, cnbc, companies, cars, car, production, teslas, china, id, suv, volkswagen, vw, plans, groups, electric, roomz, model


Volkswagen plans to take on Tesla's Model X in China

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German carmaker ramps up production of zero emissions vehicles.

The planned new SUV is the latest move in Volkswagen’s aggressive growth strategy in China, where electric cars are given preferential treatment by authorities.

VW said its ID ROOMZZ, which it presented in Shanghai on Sunday, will have three rows of seats and an operating range of up to 450 kms. The concept car is capable of a “level 4 autonomous driving”, VW said.

VW Chief Executive Herbert Diess said the ID ROOMZ will be the flagship electric car to be launched by Volkswagen in China.

“We plan to produce more than 22 million electric cars in the next 10 years,” Diess said, adding that around half of VW’s engineers were working on products destined for China.

Diess said the ID ROOMZ would eventually be rolled out to other markets.

To enhance the VW Group’s research and development capabilities, Volkswagen and its premium brand Audi will combine their R&D operations in China.

VW brand’s head of e-mobility Thomas Ulbrich said the carmaker will start ramping up production of 33 electric cars by mid-2023, using VW Group’s modular electric car (MEB) platform to build electric cars for the Skoda, Seat, Audi and VW brands.

Ulbrich said VW Group is converting 16 factories worldwide to enable mass production of electric vehicles, of which eight plants will be making VW branded car.


Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: picture alliance, getty images
Keywords: news, cnbc, companies, cars, car, production, teslas, china, id, suv, volkswagen, vw, plans, groups, electric, roomz, model


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VW budgets $9 billion for electric vehicles, with luxury brand Audi taking lead with 30 new EVs

The luxury arm of Volkswagen plans to accelerate its push into battery-electric vehicles with 30 BEVs expected to reach the market by 2025, company officials announced during their annual meeting on Thursday morning. Volkswagen expects to spend about $9 billion on electrification by 2023 — much of that through Audi, which is taking a leading role in the corporate effort. Audi is developing a new battery-vehicle “architecture,” dubbed premium platform electric, or PPE, that will be shared by othe


The luxury arm of Volkswagen plans to accelerate its push into battery-electric vehicles with 30 BEVs expected to reach the market by 2025, company officials announced during their annual meeting on Thursday morning. Volkswagen expects to spend about $9 billion on electrification by 2023 — much of that through Audi, which is taking a leading role in the corporate effort. Audi is developing a new battery-vehicle “architecture,” dubbed premium platform electric, or PPE, that will be shared by othe
VW budgets $9 billion for electric vehicles, with luxury brand Audi taking lead with 30 new EVs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: paul a eisenstein, picture alliance, getty images, bloomberg, stefanie keenan, david paul morris
Keywords: news, cnbc, companies, brand, lead, sales, luxury, evs, electric, ingolstadt, audi, budgets, finance, expected, taking, volkswagen, future, vehicles, billion, meeting, vw, officials


VW budgets $9 billion for electric vehicles, with luxury brand Audi taking lead with 30 new EVs

The luxury arm of Volkswagen plans to accelerate its push into battery-electric vehicles with 30 BEVs expected to reach the market by 2025, company officials announced during their annual meeting on Thursday morning.

But the move is expected to ding the brand’s bottom line. Volkswagen expects to spend about $9 billion on electrification by 2023 — much of that through Audi, which is taking a leading role in the corporate effort. Audi is developing a new battery-vehicle “architecture,” dubbed premium platform electric, or PPE, that will be shared by other brands, including Porsche.

That is one of the key reasons why Audi’s operating return on sales will run between 7 and 8.5 percent in the near term, officials said during a meeting at brand headquarters in Ingolstadt, Germany, compared with a long-term Audi goal of between 9 and 11 percent.

Audi officials said they are taking steps to trim costs, even as they hope to counter a worldwide decline in sales last year.

“The transformation plan is making a significant contribution towards safeguarding our future,” Alexander Seitz, Audi’s member of the board of management for finance, China, compliance and integrity, said in Ingolstadt. “Because only in this way is it possible for us to transfer enormous resources into future areas and generate the cash flow to finance electric mobility.”


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: paul a eisenstein, picture alliance, getty images, bloomberg, stefanie keenan, david paul morris
Keywords: news, cnbc, companies, brand, lead, sales, luxury, evs, electric, ingolstadt, audi, budgets, finance, expected, taking, volkswagen, future, vehicles, billion, meeting, vw, officials


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The VW dune buggy is back but this time it’s all-electric

Volkswagen brought back the spirit of the Californian sun and The Beach Boys at the Geneva Motor Show this week, when it paraded its 21st century version of the dune buggy. The car company has already released a family of electric cars all under an I.D. While shamelessly surfing a wave of nostalgia, the updated dune buggy houses a strong nod to the future with a 62-kWh lithium-ion battery and 201-horsepower electric motor. On roads, the buggy can sprint from zero to 62 miles per hour (100 kmh) i


Volkswagen brought back the spirit of the Californian sun and The Beach Boys at the Geneva Motor Show this week, when it paraded its 21st century version of the dune buggy. The car company has already released a family of electric cars all under an I.D. While shamelessly surfing a wave of nostalgia, the updated dune buggy houses a strong nod to the future with a 62-kWh lithium-ion battery and 201-horsepower electric motor. On roads, the buggy can sprint from zero to 62 miles per hour (100 kmh) i
The VW dune buggy is back but this time it’s all-electric Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: david reid, picture alliance, getty images, the enthusiast network
Keywords: news, cnbc, companies, id, allelectric, zero, vw, electric, company, volkswagen, dune, range, buggy, wave, week


The VW dune buggy is back but this time it's all-electric

Volkswagen brought back the spirit of the Californian sun and The Beach Boys at the Geneva Motor Show this week, when it paraded its 21st century version of the dune buggy.

I.D. Buggy is the latest vehicle from Volkswagen designed to show off the capabilities of VW’s new battery-powered platform that will underpin a range of battery-electric vehicles the company plans to bring to market. The car company has already released a family of electric cars all under an I.D. branding.

While shamelessly surfing a wave of nostalgia, the updated dune buggy houses a strong nod to the future with a 62-kWh lithium-ion battery and 201-horsepower electric motor.

On roads, the buggy can sprint from zero to 62 miles per hour (100 kmh) in 7.2 seconds but maximum speed is electronically limited to 99 mph. Based on Europe’s new performance benchmark, the I.D. Buggy will give a 155-mile range on one charge.


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: david reid, picture alliance, getty images, the enthusiast network
Keywords: news, cnbc, companies, id, allelectric, zero, vw, electric, company, volkswagen, dune, range, buggy, wave, week


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Next 5 to 10 years could be ‘really tough’ for our competitors, VW chief says

“So, this period of the next five to ten years will be very tough for all our competitors,” he said, adding: “I think the company that manages this transition best will succeed.” VW has also said it is looking to partner with other manufacturers on electric vehicles in a bid to lower development and production costs. VW Group is one of the world’s largest automakers and comprises twelve brands including VW, Audi, Seat, Skoda, Bentley, Bugatti, Lamborghini and Porsche. EU and U.S. officials are d


“So, this period of the next five to ten years will be very tough for all our competitors,” he said, adding: “I think the company that manages this transition best will succeed.” VW has also said it is looking to partner with other manufacturers on electric vehicles in a bid to lower development and production costs. VW Group is one of the world’s largest automakers and comprises twelve brands including VW, Audi, Seat, Skoda, Bentley, Bugatti, Lamborghini and Porsche. EU and U.S. officials are d
Next 5 to 10 years could be ‘really tough’ for our competitors, VW chief says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: holly ellyatt, picture alliance, getty images
Keywords: news, cnbc, companies, chief, industry, volkswagen, vw, car, really, think, competitors, best, vehicles, tough, transition, electric, group


Next 5 to 10 years could be 'really tough' for our competitors, VW chief says

The transition towards the electrification of vehicles is a challenge for car industry and whoever manages it best will succeed, the CEO of German automaker Volkswagen Group told CNBC Tuesday.

“We are really getting into a transition period of the automotive industry and, reading between the lines of all the communications our competitors are doing, it will be tough times because we have to invest in new technology, not only electric drive trends but autonomous driving, connectivity,” Herbert Diess, chief executive of Volkswagen, told CNBC’s Annette Weisbach at the Geneva Motor Show.

“So, this period of the next five to ten years will be very tough for all our competitors,” he said, adding: “I think the company that manages this transition best will succeed.”

Volkswagen showcased an all-electric dune buggy at the Swiss car show on Monday and announced last November that it will spend 44 billion euros ($50 billion) on new plants, electric cars, autonomous driving and mobility services between 2019 and 2023. VW has also said it is looking to partner with other manufacturers on electric vehicles in a bid to lower development and production costs.

Earlier this year, VW and Ford announced a plan to build commercial vans and medium-sized pickup trucks together as early as 2022. They also announced plans to work together on autonomous vehicle research.

VW Group is one of the world’s largest automakers and comprises twelve brands including VW, Audi, Seat, Skoda, Bentley, Bugatti, Lamborghini and Porsche. In the last few years the company has had to deal with the fallout of the diesel emissions cheating scandal, and more recently has faced the threat of U.S. tariffs on European car imports and car parts. EU and U.S. officials are due to hold trade talks on Wednesday with Europe keen to avert the threat to its car industry. German-listed shares of Volkswagen have fallen 5 percent in the last six months reflecting investor concerns.

Diess said that all automakers were seeing their shares trading at a discount and said this was because of the transition taking place in the industry. Diess believed VW had the best chance of success in the transition towards electric vehicles but conceded that the group should be more efficient.

“We think we have the best story, we have to explain it probably a bit better maybe and for sure it’s also about efficiency, we have still a lot of synergies in the group, it’s big with all the different brands, but that takes time. But I think we’re on the right way and I think once the market understands our story the share price will go up,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: holly ellyatt, picture alliance, getty images
Keywords: news, cnbc, companies, chief, industry, volkswagen, vw, car, really, think, competitors, best, vehicles, tough, transition, electric, group


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VW CEO says he hopes he’s done enough to please Trump and avoid tariffs

VW CEO: We want more of U.S. market share 2 Hours Ago | 02:35Volkswagen Group Chief Executive Herbert Diess told CNBC Friday that he hopes the German auto firm has done enough to please President Donald Trump and avoid punitive import tariffs. Washington is currently holding out for fresh trade talks with the European Union and has said if it’s not satisfied it could slap tariffs on EU cars and parts coming into the United States. Trump has complained about German cars’ presence on U.S. streets


VW CEO: We want more of U.S. market share 2 Hours Ago | 02:35Volkswagen Group Chief Executive Herbert Diess told CNBC Friday that he hopes the German auto firm has done enough to please President Donald Trump and avoid punitive import tariffs. Washington is currently holding out for fresh trade talks with the European Union and has said if it’s not satisfied it could slap tariffs on EU cars and parts coming into the United States. Trump has complained about German cars’ presence on U.S. streets
VW CEO says he hopes he’s done enough to please Trump and avoid tariffs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: david reid, getty images
Keywords: news, cnbc, companies, trump, ceo, states, german, diess, vw, united, avoid, billion, import, hes, tariffs, hopes, market


VW CEO says he hopes he's done enough to please Trump and avoid tariffs

VW CEO: We want more of U.S. market share 2 Hours Ago | 02:35

Volkswagen Group Chief Executive Herbert Diess told CNBC Friday that he hopes the German auto firm has done enough to please President Donald Trump and avoid punitive import tariffs.

Washington is currently holding out for fresh trade talks with the European Union and has said if it’s not satisfied it could slap tariffs on EU cars and parts coming into the United States. Trump has complained about German cars’ presence on U.S. streets and tweeted threats to tax European, and particularly German, vehicles.

Diess has said import tariffs could cost VW as much 2.5 billion euros ($2.8 billion) each year.

The German firm announced in January that it’s investing $800 million in its factory in Chattanooga, Tennessee to prepare the location for the production of new electric cars.

Speaking to CNBC’s Annette Weisbach at VW’s Wolfsburg headquarters, the German car chief said the investment appeared to please the U.S. president.

“We received a positive tweet,” said Diess, before adding that he hoped VW would “do everything to avoid import taxes.”

Diess added that currently VW only has a 4 percent market share in the United States and is committed to growing that number to become a “volume producer.”

On a global basis VW Group posted 2018 full-year revenues of 235.8 billion euros on Friday. In its outlook for 2019, Diess said he expected a challenging year but predicted sales to rise by around 5 percent.

The key market of China could prove a challenge, however, with Diess admitting that sales there had slowed in the final quarter of 2018 and January 2019 had witnessed a 10 percent slump year-on-year.

Shares of Volkswagen initially rose after the news, but were 0.25 percent lower by 3:45 p.m. London time on Friday afternoon.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: david reid, getty images
Keywords: news, cnbc, companies, trump, ceo, states, german, diess, vw, united, avoid, billion, import, hes, tariffs, hopes, market


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VW CEO says he hopes he’s done enough to please Trump and avoid tariffs

VW CEO: We want more of U.S. market share 2 Hours Ago | 02:35Volkswagen Group Chief Executive Herbert Diess told CNBC Friday that he hopes the German auto firm has done enough to please President Donald Trump and avoid punitive import tariffs. Washington is currently holding out for fresh trade talks with the European Union and has said if it’s not satisfied it could slap tariffs on EU cars and parts coming into the United States. Trump has complained about German cars’ presence on U.S. streets


VW CEO: We want more of U.S. market share 2 Hours Ago | 02:35Volkswagen Group Chief Executive Herbert Diess told CNBC Friday that he hopes the German auto firm has done enough to please President Donald Trump and avoid punitive import tariffs. Washington is currently holding out for fresh trade talks with the European Union and has said if it’s not satisfied it could slap tariffs on EU cars and parts coming into the United States. Trump has complained about German cars’ presence on U.S. streets
VW CEO says he hopes he’s done enough to please Trump and avoid tariffs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: david reid, getty images
Keywords: news, cnbc, companies, trump, ceo, states, german, diess, vw, united, avoid, billion, import, hes, tariffs, hopes, market


VW CEO says he hopes he's done enough to please Trump and avoid tariffs

VW CEO: We want more of U.S. market share 2 Hours Ago | 02:35

Volkswagen Group Chief Executive Herbert Diess told CNBC Friday that he hopes the German auto firm has done enough to please President Donald Trump and avoid punitive import tariffs.

Washington is currently holding out for fresh trade talks with the European Union and has said if it’s not satisfied it could slap tariffs on EU cars and parts coming into the United States. Trump has complained about German cars’ presence on U.S. streets and tweeted threats to tax European, and particularly German, vehicles.

Diess has said import tariffs could cost VW as much 2.5 billion euros ($2.8 billion) each year.

The German firm announced in January that it’s investing $800 million in its factory in Chattanooga, Tennessee to prepare the location for the production of new electric cars.

Speaking to CNBC’s Annette Weisbach at VW’s Wolfsburg headquarters, the German car chief said the investment appeared to please the U.S. president.

“We received a positive tweet,” said Diess, before adding that he hoped VW would “do everything to avoid import taxes.”

Diess added that currently VW only has a 4 percent market share in the United States and is committed to growing that number to become a “volume producer.”

On a global basis VW Group posted 2018 full-year revenues of 235.8 billion euros on Friday. In its outlook for 2019, Diess said he expected a challenging year but predicted sales to rise by around 5 percent.

The key market of China could prove a challenge, however, with Diess admitting that sales there had slowed in the final quarter of 2018 and January 2019 had witnessed a 10 percent slump year-on-year.

Shares of Volkswagen initially rose after the news, but were 0.25 percent lower by 3:45 p.m. London time on Friday afternoon.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: david reid, getty images
Keywords: news, cnbc, companies, trump, ceo, states, german, diess, vw, united, avoid, billion, import, hes, tariffs, hopes, market


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Ford executive raises doubts about VW deal for electric vehicles

Ford and Volkswagen appear increasingly unlikely to pull together a deal to work together on battery-electric vehicles, a senior executive with the Detroit automaker said this week. The two companies announced plans last month to team up on the development of light commercial vehicles and confirmed that other projects were under consideration. It has been widely reported that a key focus was on battery-electric vehicles, a move that could help Ford and VW save billions of dollars by sharing R&D


Ford and Volkswagen appear increasingly unlikely to pull together a deal to work together on battery-electric vehicles, a senior executive with the Detroit automaker said this week. The two companies announced plans last month to team up on the development of light commercial vehicles and confirmed that other projects were under consideration. It has been widely reported that a key focus was on battery-electric vehicles, a move that could help Ford and VW save billions of dollars by sharing R&D
Ford executive raises doubts about VW deal for electric vehicles Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: paul a eisenstein, bill pugliano, getty images
Keywords: news, cnbc, companies, vw, volkswagen, increasingly, focus, doubts, brinley, raises, programs, vehicles, electric, deal, electrification, development, different, ford, executive


Ford executive raises doubts about VW deal for electric vehicles

Ford and Volkswagen appear increasingly unlikely to pull together a deal to work together on battery-electric vehicles, a senior executive with the Detroit automaker said this week.

The two companies announced plans last month to team up on the development of light commercial vehicles and confirmed that other projects were under consideration. It has been widely reported that a key focus was on battery-electric vehicles, a move that could help Ford and VW save billions of dollars by sharing R&D efforts.

But their programs are out of sync, “almost like snowboarding and skiing,” Jim Farley, Ford’s president of global markets, said Monday during a taping of the local TV show “Autoline Detroit.”

Automakers around the world have begun looking for ways to partner with erstwhile rivals in order to address an increasingly challenging environment. Many of these alliances focus on the development of new technologies, such as electrification and autonomous driving, areas in which Ford and Volkswagen aim to take a lead.

But the two carmakers are taking markedly different approaches with their electrification programs, said Stephanie Brinley, principal auto analyst with IHS Markit and a participant in the “Autoline” panel discussion.

“They have two very different strategies,” Brinley said, and the “timing issues that just won’t mesh.”


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: paul a eisenstein, bill pugliano, getty images
Keywords: news, cnbc, companies, vw, volkswagen, increasingly, focus, doubts, brinley, raises, programs, vehicles, electric, deal, electrification, development, different, ford, executive


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Ford executive raises doubts about VW deal for electric vehicles

Ford and Volkswagen appear increasingly unlikely to pull together a deal to work together on battery-electric vehicles, a senior executive with the Detroit automaker said this week. The two companies last month announced plans to team up on the development of light commercial vehicles, and confirmed that other projects were under consideration. It has been widely reported that a key focus was on battery-electric vehicles, or BEVs, a move that could help Ford and VW save billions of dollars by sh


Ford and Volkswagen appear increasingly unlikely to pull together a deal to work together on battery-electric vehicles, a senior executive with the Detroit automaker said this week. The two companies last month announced plans to team up on the development of light commercial vehicles, and confirmed that other projects were under consideration. It has been widely reported that a key focus was on battery-electric vehicles, or BEVs, a move that could help Ford and VW save billions of dollars by sh
Ford executive raises doubts about VW deal for electric vehicles Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: paul a eisenstein, bill pugliano, getty images
Keywords: news, cnbc, companies, ford, vehicles, increasingly, development, electric, volkswagen, deal, detroit, doubts, raises, programs, vw, electrification, different, focus, executive


Ford executive raises doubts about VW deal for electric vehicles

Ford and Volkswagen appear increasingly unlikely to pull together a deal to work together on battery-electric vehicles, a senior executive with the Detroit automaker said this week.

The two companies last month announced plans to team up on the development of light commercial vehicles, and confirmed that other projects were under consideration. It has been widely reported that a key focus was on battery-electric vehicles, or BEVs, a move that could help Ford and VW save billions of dollars by sharing R&D efforts.

But their two programs are out of sync, “almost like snowboarding and skiing,” Jim Farley, Ford’s president of global markets, said during a taping of the local TV show Autoline Detroit on Monday.

Automakers around the world have begun looking for ways to partner with erstwhile rivals in order to address an increasingly challenging business environment. Many of these alliances focus on the development of new technologies, such as electrification and autonomous driving, areas in which both Ford and Volkswagen aim to take a lead.

But the two carmakers are taking markedly different approaches with their electrification programs, said Stephanie Brinley, principle auto analyst with IHS Markit, and a participant in the Monday Autoline panel discussion.

“They have two very different strategies,” Brinley said, and the “timing issues that just won’t mesh.”


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: paul a eisenstein, bill pugliano, getty images
Keywords: news, cnbc, companies, ford, vehicles, increasingly, development, electric, volkswagen, deal, detroit, doubts, raises, programs, vw, electrification, different, focus, executive


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VW revives the dune buggy with an electric concept vehicle that brings the past into the future

Along with their California-tinged sound, one of the staples of the ’60s surf scene was the dune buggy, typically a modified version of the equally iconic Volkswagen Beetle, and now the automaker is ready to show off an all-new, retro-futuristic dune crawler. But this time, the VW dune buggy concept vehicle set to debut at the Geneva Motor Show in March will be environmentally friendly, riding on the same electrified platform that will be shared with dozens of battery-electric vehicles, or BEVs,


Along with their California-tinged sound, one of the staples of the ’60s surf scene was the dune buggy, typically a modified version of the equally iconic Volkswagen Beetle, and now the automaker is ready to show off an all-new, retro-futuristic dune crawler. But this time, the VW dune buggy concept vehicle set to debut at the Geneva Motor Show in March will be environmentally friendly, riding on the same electrified platform that will be shared with dozens of battery-electric vehicles, or BEVs,
VW revives the dune buggy with an electric concept vehicle that brings the past into the future Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-01  Authors: paul a eisenstein, volkswagen design, greg gjerdingen, flickr cc
Keywords: news, cnbc, companies, dune, vw, revives, concept, past, buggy, vehicle, electric, wheels, vibrancy, version, brings, volkswagen, vws, debut, future, vehicles


VW revives the dune buggy with an electric concept vehicle that brings the past into the future

Cue the Beach Boys. Along with their California-tinged sound, one of the staples of the ’60s surf scene was the dune buggy, typically a modified version of the equally iconic Volkswagen Beetle, and now the automaker is ready to show off an all-new, retro-futuristic dune crawler.

But this time, the VW dune buggy concept vehicle set to debut at the Geneva Motor Show in March will be environmentally friendly, riding on the same electrified platform that will be shared with dozens of battery-electric vehicles, or BEVs, the German company plans to bring to market by 2025.

“A buggy is more than a car. It is vibrancy and energy on four wheels,” VW’s global design chief Klaus Bischoff said in a statement accompanying a pair of shots teasing the dune buggy concept’s debut. “These attributes are embodied by the new e-buggy, which demonstrates how a modern, non-retro interpretation of a classic can look and, more than anything else, the emotional bond that electric mobility can create.”


Company: cnbc, Activity: cnbc, Date: 2019-02-01  Authors: paul a eisenstein, volkswagen design, greg gjerdingen, flickr cc
Keywords: news, cnbc, companies, dune, vw, revives, concept, past, buggy, vehicle, electric, wheels, vibrancy, version, brings, volkswagen, vws, debut, future, vehicles


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