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Volkswagen Group China to invest over 4 billion Euro in 2020

Volkswagen Group China, together with its Chinese partners, plans to invest over 4 billion Euro next year, with around 40 percent of this investment going towards e-mobility. This will accel-erate the Group’s electrification strategy, which will be strengthened next year through the start of production of models based on the modular electric drive toolkit MEB in Anting (SAIC VOLKSWAGEN) and Foshan (FAW-Volkswagen). Both factories are specifically designed for manufacturing all-electric cars.

Volkswagen and Hamburg extend strategic mobility partnership

The strategic mobility partnership between the Volkswagen Group and the Free and Hanseatic City of Hamburg is to be extended. The focus lies on support for e-mobility, innovative mobility services, intelligent transport networking and the use of self-driving vehicles. The aim is to bring about a lasting improvement in inner city quality of life through innovative mobility solutions. In concrete terms, this means that under the second phase of the partnership, WeShare is to be launched in Hamburg from spring 2020, following on from its successful premier in Berlin; the service will consist of an all-electric fleet of e-Golf and e-up!, to be joined by the ID.3 at a later date.

Volkswagen strengthens new software organization

Volkswagen strengthens its Car.Software organization with its Group responsibility for in-car software. Starting January 1, 2020, the Car.Software organization will operate as an in-dependent business unit. As a Group company, the Car.Software organization will centralize the associates and subsidiaries within the Group that develop car software and software for the digital ecosystems. Initially, around 3,000 digital experts from the software-related associates and subsidiaries will be grouped together in this unit. The Car.Software organization will be based at Audi Electronics Venture GmbH, and will incorporate other German sites, for example in Berlin, Bochum, the Ingolstadt area, the Stuttgart area, and in Wolfsburg. International locations of the software organization include Seattle and Beijing. Going forward, digital experts from the different Group brands and regions will also work together under the mantle of the Car.Software organization.
11/20/19

Personnel changes in the brand Board of Management

Alexander Seitz, most recently CFO at Audi, becomes the Board member responsible for Controlling and Accounting at the Volkswagen Passenger Cars brand effective March 1, 2020. In this function, he succeeds Dr. Arno Antlitz, who in turn becomes the Board member responsible for Finance at Audi. Furthermore, Murat Aksel, most recently Senior Vice President Purchasing and Supplier Network Americas at BMW, will take up the position of Board member for Procurement at the Volkswagen Passenger Cars brand effective July 1, 2020. Aksel succeeds Dirk Große-Loheide, who moves to Audi as the Board of Management member responsible for Procurement effective from the earlier date of April 1, 2020. These upcoming changes ensure the dissemination and constant exchange of knowledge and experience in top management functions, as elsewhere, within the Volkswagen Group and across brand boundaries.
11/20/19

World premiere: ID. SPACE VIZZION concept car displays perfect aerodynamics and ample space in Los Angeles

On the eve of the Los Angeles Auto Show, Volkswagen presented the seventh concept car of the ID. family. The ID. SPACE VIZZION follows the ID., ID. CROZZ, ID. BUZZ, ID. VIZZION, ID. BUGGY and ID. ROOMZZ. Like all the ID. models, the new ID. SPACE VIZZION will be fully electric. Its design and form embody a fresh approach. One particularly striking feature is the front section with airflow openings, enabling a drag coefficient of 0.24. The ID. SPACE VIZZION combines the aerodynamic qualities of a Gran Turismo with the generous interior space of an SUV – thereby defining an entirely new segment.

Volkswagen to be the first company to use low-emission LNG drive for overseas car freighters from January 2020

Volkswagen Group Logistics is the first company to use two car freighters powered by liquefied natural gas (LNG) in overseas traffic. The two charter ships of Siem Car Carriers were launched last Friday in Xiamen, China.

Strong deliveries for Volkswagen Group in October

The Volkswagen Group delivered 949,800 vehicles to customers worldwide in October, corresponding to a significant rise of 12.2 percent compared with October 2018. The Group further expanded its market share in all core regions, in some cases quite substantially. This was the case, for example, in China, the Group’s largest single market, where Group brands grew deliveries 6.6 percent despite a shrinking overall market. Strong increases were once again recorded in Europe (+25.5 percent) and Germany (+41.5 percent) compared with the weaker performance in October 2018 as a result of WLTP. The Volkswagen Group also succeeded in expanding its market shares in the regions of North and South America in shrinking overall markets. Dr. Christian Dahlheim, Head of Volkswagen Group Sales: “The Volkswagen Group brands produced a strong delivery performance in October. We outperformed the market in all core regions and once again substantially expanded our market shares, especially in China, our largest market. It is also pleasing to see that we made noticeable gains in our home market of Germany over and above making up the ground lost a year ago as a result of WLTP.”

Joint development of Drömling - Volkswagen Group signs Letter of Intent with Lower Saxony and Saxony-Anhalt

The joint working group Drömling of Lower Saxony and Saxony-Anhalt, which rep-resents local authorities, associations and regional stakeholder groups, met today in the Autostadt. In this context, Volkswagen signed a letter of intent with representatives of the federal states to further develop the Drömling into a UNESCO bio-sphere reserve.
11/18/19

The ID.3 to be assembled in the Gläserne Manufaktur in Dresden from fall 2020

Volkswagen continues to step up the pace of its electric offensive: The ID.3 will be assembled at the Gläserne Manufaktur in Dresden in addition to the Zwickau plant. This was announced today by Gunnar Killian, Volkswagen AG Board Member for Human Resources, at a works meeting in Dresden. The ID.3 is the first model in the latest generation that Volkswagen is putting on the road under its global electric offensive. The Gläserne Manufaktur is to evolve into a Center of Future Mobility where innovative technologies are developed and tested in collaboration with industry partners and startups. Efforts to pursue new areas of business such as the function testing station are to be intensified. Vehicle collection is to be significantly expanded, and the location is to be made even more attractive as a destination for visitors and customers.

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