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Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance Chief

Dec 29, 2022, 4:07 PM

Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance Chief

The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years

0 Min

Sahil Gupta | Dec 29, 2022
California Bans Tesla From Using Full Self-Driving Branding For its ADAS Tech
Californian law has basically barred Tesla from using Full Self Driving branding for its electric cars from next year onwards.
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Sahil Gupta | Dec 29, 2022
GM Cruise Robotaxi Service Takes Off In Austin
Cruise is now the first self driving service to operate in three US cities.
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Sahil Gupta | Dec 29, 2022
Volkswagen Will Showcase A New EV At CES 2023
So far, under the Volkswagen brand, there is no electric sedan.
1 min read
car&bike Team | Dec 29, 2022
iRasus Raises Undisclosed Amount In Seed Capital
The company is offering data-analytics-driven software as a service to companies in the electric vehicle space.
1 min read
car&bike Team | Dec 29, 2022
Audi Q8 e-tron: Taking The EV To The Next Level
The Audi Q8 e-tron is not just a nomenclature change, but the electric SUV line-up has received many updates under the skin, and a refreshed design.
4 mins read
Shubham Parashar | Dec 29, 2022
ETO Motors Launches Women Driven Last Mile Connectivity Electric Three-Wheeler Fleet At Delhi Metro Station
ETO Motors company has deployed electric three-wheelers with women drivers at the metro station and its EV charging solution – Thunderbox, will also be installed across Delhi at various Metro Stations.
2 mins read
Shubham Parashar | Dec 28, 2022
Kia EV9 Electric SUV Concept Teased Ahead Of Auto Expo
Kia had first showcased the EV9 electric concept at the 2021 Los Angeles Motor Show and it will make its India debut at the Auto Expo 2023.
1 min read
Mihir Barve | Dec 28, 2022
Toyota Innova HyCross Launched In India; Prices Start At Rs. 18.30 Lakh
The non-hybrid variants of the HyCross are priced between Rs. 18.30 lakh to Rs. 19.20 lakh (Ex-showroom), while the self-charging hybrid electric variants are priced starting from Rs. 24.01 lakh (Ex-showroom).
2 mins read

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Reuters | Oct 31, 2021
Volkswagen's Skoda To Resume Production After Two-Week Outage: Report
Skoda Auto to resume production at most of its plants on Sunday evening after a two-week outage.
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AFP | Oct 31, 2021
Stellantis Suspends Vienna Production Over Chip Shortage
"Production will resume on January 2, 2022," it said, adding that in the meantime, staff would be put on short-time working.
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AFP | Oct 31, 2021
GM, GE To Collaborate On Sourcing Rare Materials
The two US industrial giants signed a memorandum of understanding with the goal of establishing "a North America- and Europe-based supply chain of vertically integrated magnet manufacturing that both companies will use in the future.
1 min read
AFP | Oct 31, 2021
Italy Car Production Dives Over 37 Percent In August
The 37.4 percent drop was a sharp acceleration on the 7.4 percent decline recorded in July, according to the National Statistics Institute (ISTAT).
1 min read
AFP | Oct 31, 2021
Europe Car Sales Sink On Chip Shortage
New car registrations fell by 23.1 percent to 718,598 in September 2021 compared to a year ago, according to the European Automobile Manufacturers' Association, known as ACEA.
1 min read
AFP | Oct 31, 2021
Truck Maker Volvo Says Profits Back Near Pre-Pandemic Levels
Volvo said in a statement that bottom-line net profit rose to just over seven billion kronor (700 million euros, $810 million) in three months to September, compared to 5.7 billion kronor in the same period a year earlier.
1 min read
AFP | Oct 31, 2021
Petrol Price Hits Record High At UK Pumps
The previous record at the pumps, set in April 2012, was broken on Sunday as global oil prices rise dramatically, doubling from around $40 a barrel a year ago to $85 now.
1 min read
AFP | Oct 31, 2021
Renault Forecasts Production Fall On Shortages
The group sold just over 599,000 vehicles in the third quarter, down 22.3 percent compared to the same period in 2020 when the auto industry re-emerged from months of pandemic-induced paralysis.
1 min read
AFP | Oct 31, 2021
Auto Parts Giant Continental Cuts Outlook As Supply Bottleneck Tightens
Continental's sales in the third quarter were down year-on-year by 8.5 percent to 8 billion euros as the supply crisis worsened, according to preliminary figures published alongside the outlook revision.
1 min read