Volkswagen
Global automakers and electric vehicle (EV) startups unveiled new models and concept cars at China's largest auto show on Thursday, with a focus on the nation's transformation into a major market and production base for new-energy vehicles – a trend that Europe's car manufacturing giants are struggling to keep up with. Toyota and Nissan both announced tie-ups with major Chinese technology companies as they strive to meet customer demand for AI-enabled online connectivity in cars, from social media apps to autonomous driving features. Chinese EV makers have been expanding rapidly into overseas ...
Euronews (English)
Leaders of German automotive giant Volkswagen (VW) are expecting the next two years in the highly competitive Chinese car market to be difficult, but don't fear challenges from rival Chinese carmakers in the European market. Chinese carmakers will eventually need to invest in European production plants to build vehicles locally instead of shipping huge numbers of finished vehicles by ocean, Ralf Brandstätter, head of VW's China business, said on Wednesday in Beijing ahead of a major auto show in the Chinese capital. That would also put Chinese competitors on more equal footing with European ri...
DPA International
Leaders of German automotive giant Volkswagen (VW) are expecting the next two years in the highly competitive Chinese car market to be difficult, but don't fear challenges from rival Chinese carmakers in the European market. Chinese carmakers will eventually need to invest in European production plants to build vehicles locally instead of shipping huge numbers of finished vehicles by ocean, Ralf Brandstätter, head of VW's China business, said on Wednesday in Beijing ahead of a major auto show in the Chinese capital. That would also put Chinese competitors on more equal footing with European ri...
DPA
Leaders of German automotive giant Volkswagen (VW) are expecting the next two years in the highly competitive Chinese car market to be difficult, but don't fear challenges from rival Chinese carmakers in the European market. Chinese carmakers will eventually need to invest in European production plants to build vehicles locally instead of shipping huge numbers of finished vehicles by ocean, Ralf Brandstätter, head of VW's China business, said on Wednesday in Beijing ahead of a major auto show in the Chinese capital. That would also put Chinese competitors on more equal footing with European ri...
DPA Breaking News
German automotive giant Volkswagen (VW) is expecting the next two years in the highly competitive Chinese car market to be difficult. "In April, we saw another round of price reductions coming, so this fierce competition will hold on for the next few years," VW board member Ralf Brandstätter said in Beijing ahead of a major upcoming motor show due to open next week. Many manufacturers of purely electric cars have significantly damaged their profit margins in recent years, he said, "so this leads to a consolidation of the market." He suggested that companies with lower sales volumes, below 100,...
DPA
German automotive giant Volkswagen (VW) is expecting the next two years in the highly competitive Chinese car market to be difficult. "In April, we saw another round of price reductions coming, so this fierce competition will hold on for the next few years," VW board member Ralf Brandstätter said in Beijing ahead of a major upcoming motor show due to open next week. Many manufacturers of purely electric cars have significantly damaged their profit margins in recent years, he said, "so this leads to a consolidation of the market." He suggested that companies with lower sales volumes, below 100,...
DPA International
German automotive giant Volkswagen (VW) is expecting the next two years in the highly competitive Chinese car market to be difficult. "In April, we saw another round of price reductions coming, so this fierce competition will hold on for the next few years," VW board member Ralf Brandstätter said in Beijing ahead of a major upcoming motor show due to open next week. Many manufacturers of purely electric cars have significantly damaged their profit margins in recent years, he said, "so this leads to a consolidation of the market." He suggested that companies with lower sales volumes, below 100,...
DPA Breaking News
"Hey, what's the weather like along the route?" When BMW developer Justin Forsyth gets into the prototype of the new Mini Countryman, he no longer has to press any buttons or tap into screen menus. That's because the next generation of the popular small car will also see a new digital assistant go into series production. "It has its very own character, British accent and a touch of English humour", said Forsyth, who works as a programmer at the manufacturer's tech office in Silicon Valley. Forsyth quipped that he was once reprimanded by the car for being a late riser by the chatbot when he onc...
DPA International
"Hey, what's the weather like along the route?" When BMW developer Justin Forsyth gets into the prototype of the new Mini Countryman, he no longer has to press any buttons or tap into screen menus. That's because the next generation of the popular small car will also see a new digital assistant go into series production. "It has its very own character, British accent and a touch of English humour", said Forsyth, who works as a programmer at the manufacturer's tech office in Silicon Valley. Forsyth quipped that he was once reprimanded by the car for being a late riser by the chatbot when he onc...
DPA
New York (AFP) - Volkswagen workers in Tennessee voted decisively to become a union shop, according to election results released Friday, marking the first victory for organized labor at a foreign-owned auto plant in the American South. With a solid 73 percent supporting, employees in the Chattanooga plant voted for representation by the United Auto Workers at the 13-year-old factory, according to results released by VW, a triumphant outcome for organized labor in a region in which it has long failed to make major gains. "Volkswagen workers just made history!" said a UAW post on X, the former ...
AFP
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