DRIVE appoints Joanne Machin as CEO

02:53pm, Tuesday, 14'th Dec 2021 Leasing Broker
Critically, Machin’s considerable and relevant experience of the OEM – Fleet Management ecosystem will be of immediate use to DRIVE. For example, while at LeasePlan, which was sold by Volkswagen to TDR Capital in 2016, she led Global Sales and Marketing in 33 jurisdictions for 5 years. The post DRIVE appoints Joanne Machin as CEO appeared first on Leasing Broker Federation .

Volkswagen sets up battery subsidiary to integrate battery value chain

02:03pm, Tuesday, 14'th Dec 2021 Shanghai Metals Market News
[Volkswagen sets up battery subsidiary to integrate battery value chain] Volkswagen has set up an European battery company, Socit é Europ é enne, to integrate business in the battery value chain-from the processing of raw materials to the development of unified Volkswagen batteries to the management of European battery superfactories. The company''s scope of business will also include a new business model: recycling discarded car batteries and recycling valuable battery raw materials.
Natural Gas (GAS) vehicles can run only on natural gas, or they can run on dual fuel natural gas or gasoline or natural gas and diesel. Most natural gas engines are spark-ignited, so the most common dual fuel combination is
We present our ‘Best of 2021’ award to Ashish Gupta, Brand Director, Volkswagen India, for the Taigun. Ashish talks to us about Volkswagen''s new & upcoming sedan that will be based on the same platform as the Taigun, and more.
The Goldman Sachs Group set a 301.00 ($338.20) price objective on Volkswagen (ETR:VOW3) in a research report report published on Friday morning, Borsen Zeitung reports. Several other brokerages have also recently issued reports on VOW3. Stifel Nicolaus set a 308.00 ($346.07) target price on shares of Volkswagen in a report on Wednesday, December 8th. Warburg []
GM secures US supply chain with magnet production deals Volkswagen plans to build a battery cathode plant WoodMac reckons battery … Read More The post High Voltage: Momentum builds for magnet projects, and car makers move to secure home-grown battery supply chains appeared first on Stockhead .
Jefferies Financial Group set a 170.00 ($191.01) price objective on Volkswagen (ETR:VOW3) in a research report sent to investors on Thursday, Borsen Zeitung reports. Several other equities analysts have also recently issued reports on the company. UBS Group set a 280.00 ($314.61) target price on Volkswagen in a research note on Wednesday, December 8th. Barclays [] The post Volkswagen (ETR:VOW3) PT Set at 170.00 by Jefferies Financial Group appeared first on ETF Daily News .
Kepler Capital Markets set a 276.00 ($310.11) price objective on Volkswagen (ETR:VOW3) in a research report released on Thursday, Borsen Zeitung reports. Several other research analysts have also recently commented on VOW3. Barclays set a 295.00 ($331.46) price target on Volkswagen in a research report on Wednesday, August 11th. Nord/LB set a 240.00 ($269.66) price [] The post Kepler Capital Markets Analysts Give Volkswagen (ETR:VOW3) a 276.00 Price Target appeared first on ETF Daily News .

German carmakers race to retrain workforce for electric age

03:18am, Sunday, 12'th Dec 2021 The Courier-Mail Australia
After her apprenticeship at Volkswagen, Michelle Gabriel was a master at welding, cutting, bending and stretching metal, but just a few years later it''s not chassis but software frameworks she''s piecing together after a speedy change of career.
Stung By The Semi Shortage, Chinese Auto Sales Fall For The Seventh Straight Month Vehicle sales in China fell for the seventh straight month in November, according to newly released data from the China Association of Automobile Manufacturers (CAAM) on Friday. Sales were down 9.1% from the year prior as the industry continued to struggle with what is now becoming a year''s long semiconductor shortage. The country posted total sales of 2.52 million vehicles in November, once again led by sales of new energy and electric vehicles, according to Reuters . Total new energy vehicles grew 121% to 450,000 units from the year prior, helped along by the government pushing to further rein in pollution. New energy vehicles include battery-powered electric vehicles, plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles, Reuters wrote. CAAM spokesperson Chen Shihua commented: "Consumer acceptance of new energy vehicles continues to rise. The market has shifted from policy-motivated to demand-driven." Among the top sellers in China were Tesla, who sold 52,859 vehicles (which we highlighted analyst analysis of days ago) and Nio, who sold a record 10,878 cars last month.

Volkswagen to enter an automotive software partnership with Bosch

03:35pm, Saturday, 11'th Dec 2021 PageOne Nigeria
Volkswagen’s software unit Cariad and automotive supplier Bosch are nearing… The post Volkswagen to enter an automotive software partnership with Bosch appeared first on PageOne .

Valencia takes the lead to host gigafactory

03:21pm, Saturday, 11'th Dec 2021 EuroWeeklyNews
The Ford factory in Almussafes, Valencia received good news on Friday with the feedback that Valencia takes the lead to host gigafactory. It is understood that following discussions at a senior level within Volkswagen that the local consortium led by Power Electronics is now in the lead. The relegation of Catalonia followed a meeting in [] The post Valencia takes the lead to host gigafactory appeared first on Euro Weekly News Spain .
Volkswagen has bundled all its software efforts into Cariad, hoping it can challenge Tesla and Alphabet in a field in which it has not traditionally been active

VW, Bosch to join forces on automotive software - report

12:48pm, Saturday, 11'th Dec 2021 Breaking the News 24/7
Volkswagen''s software unit Cariad and Bosch are close to reaching an agreement on automobile software collaboration, Handelsblatt reported on Saturday citing company sources. According to the rep
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