Tag: Volkswagen
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Volkswagen | Learning from Data: Volkswagen Group increases traffic safety for all
Volkswagen Group plans to enhance driver assistance systems using sensor and image data from customer vehicles. This initiative, starting in Germany in Q4 2024, aims to optimize driving comfort and traffic safety through continuous software updates. The project will first be implemented in Volkswagen and Audi models, with other brands to follow. Source: Volkswagen (Published…
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XPeng Motors｜Gross Profit Margin Increases for Four Consecutive Quarters! 2024 Q2 Financial Report Released
XPeng Motors, August 20, 2024, 18:32 XPeng Motors released its Q2 2024 financial report, announcing a gross profit margin of 14.0%, marking the fourth consecutive quarter of improvement. The company plans to launch several new products over the next few years, starting with the MONA M03 released in August. These efforts are expected to benefit…
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SAIC Weekly｜Tao Hailong Appointed General Manager of SAIC Volkswagen; VW/SAIC Financial Holdings Successfully Issue 2 Billion Technology Innovation Bonds
SAIC Group July 22, 2024 16:09 SAIC Group announced that Tao Hailong has been appointed as the general manager of SAIC Volkswagen, and the Municipal State-owned Assets Supervision and Administration Commission has investigated SAIC-GM. The Roewe D5X DMH ranked first in the comprehensive fuel consumption category for hybrid SUVs in the 100,000 class, and SAIC-GM…
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Xpeng and Volkswagen Group Sign Strategic Cooperation Agreement on Electronic and Electrical Architecture Technology
Xpeng July 22, 2024 09:27 Xpeng and Volkswagen Group have announced a full investment in the development of industry-leading electronic and electrical architecture for the CMP and MEB platforms produced by Volkswagen in China. The first model equipped with this jointly developed architecture is expected to be mass-produced within 24 months. Both parties will actively…
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Volkswagen Group Deliveries in the First Half of the Year at Previous Year’s Level
The Volkswagen Group maintained its delivery level in the first half of 2024 with 4.35 million vehicles. Strong performance in Western Europe and significant growth in North and South America offset declines in China. BEV deliveries slightly decreased by 1.4% compared to H1 2023, but orders in Western Europe rose by 124%, driven by new…
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Volkswagen Unveils New Models Including “T-Cross” – Volkswagen Japan
Volkswagen Japan aims to strengthen its sales in the Japanese market by launching several new models, including the new “T-Cross.” Pre-orders for the new “T-Cross” will begin on July 6, and other new models will be shipped sequentially. The new “Passat” offers a variety of powertrains and is scheduled to be shipped in November. Source…
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Volkswagen to Launch New “Passat” by Year-End – Volkswagen Japan
Volkswagen Japan will begin accepting pre-orders for the new “Passat” in September, with shipments scheduled for November. The new “Passat,” which adopts the MQB evo architecture, features an expanded body size for improved interior space and cargo capacity. It offers a variety of powertrains including a 48V mild hybrid, clean diesel with 4WD, and a…
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Volkswagen Honors Its Best Suppliers at the Volkswagen Group Award 2024 – Volkswagen AG
On July 2, 2024, Volkswagen AG hosted the Volkswagen Group Award 2024, recognizing its best suppliers. The ceremony, marking the 20th anniversary of the award, was held at Hafen 1 in Wolfsburg with around 250 guests from 29 countries. Ten companies were awarded in ten categories, with Salzgitter AG winning in the Sustainability category. Source…