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Sunday, March 1, 2009
Wednesday, February 18, 2009
Volkswagen builds its First pre-production Robust Pick Up
Volkswagen showed key Argentine Politicians and respected Journalists the very first Robust Pick Up in the process of being built.
Look out for the tailgate at 54 seconds and cabin at 2.07 minutes.
Robust Pick Up will start full production this Fall/Spring.
Source: YouTube
Friday, February 13, 2009
Volkswagen to purchase Scania shares from Porsche
Wolfsburg, 13 February 2009 - Volkswagen Aktiengesellschaft will shortly purchase the Scania shares to the value of approximately 395 million euros tendered to Porsche Automobil Holding SE under the mandatory offer, thus bringing Volkswagen’s stake in Scania to approximately 49.29 percent of the capital and approximately 71.81 percent of the voting rights.
4,398,139 Scania A-shares and 59,037,822 B-shares were tendered to Porsche Automobil Holding SE under the mandatory offer. This corresponds to approximately 7.93 percent of Scania share capital and approximately 2.34 percent of the voting rights.
As at December 31, 2008 the Volkswagen stake in Scania was approximately 41.36 percent of the share capital and approximately 69.47 percent of the voting rights.
Source: Volkswagen
4,398,139 Scania A-shares and 59,037,822 B-shares were tendered to Porsche Automobil Holding SE under the mandatory offer. This corresponds to approximately 7.93 percent of Scania share capital and approximately 2.34 percent of the voting rights.
As at December 31, 2008 the Volkswagen stake in Scania was approximately 41.36 percent of the share capital and approximately 69.47 percent of the voting rights.
Source: Volkswagen
Volkswagen and Toshiba sign letter of intent
Professor Winterkorn: A move forwards in the development of electric vehicles
Wolfsburg, 12 February 2009 - Volkswagen AG (Wolfsburg) and the Toshiba Corporation (Tokyo) have signed today a letter of intent in Wolfsburg. The objective is a cooperation for the development of electric drive units and the accompanying power electronics for Volkswagen's planned New Small Family. Furthermore, Volkswagen and Toshiba are planning the development of battery systems with a high specific energy density for the next generation of electric vehicles.
The chairman of the board of management at Volkswagen AG, Prof. Dr Martin Winterkorn, emphasised: "Volkswagen is forging ahead with the development of future drive technologies in many different areas. In order to further strengthen our position, Volkswagen is investing in the long term and is offering cooperation projects to other companies. One of the important components in this context is the cooperation with Toshiba. I am convinced that this will be a major step forward towards the development of series production electric vehicles for our customers." Volkswagen's objective, he said, is to be the first manufacturer to provide an emissions-free, affordable and safe large-scale production electric vehicle. "A considerable amount of research and development work still has to be carried out until we can produce the electric vehicle, in the field of lithium-ion battery technology in particular and this is an area in which the Volkswagen Group is working with further potential technological partners alongside Toshiba ", stated Prof. Dr Winterkorn.
The letter of intent was signed by Prof. Dr Winterkorn and Atsutoshi Nishida, president and chief executive officer of the Toshiba Corporation. Nishida said: "We look forward to building up a mutually beneficial partnership with Volkswagen, a clear leader in the automotive industry making strong initiatives in the development of environmentally-friendly cars. The combined know-how of the two international technology groups Volkswagen and Toshiba will be an important step towards the drive technologies of tomorrow." He continued that this is a good signal for mobility based on ecology and economy.
Source: Volkswagen
Wolfsburg, 12 February 2009 - Volkswagen AG (Wolfsburg) and the Toshiba Corporation (Tokyo) have signed today a letter of intent in Wolfsburg. The objective is a cooperation for the development of electric drive units and the accompanying power electronics for Volkswagen's planned New Small Family. Furthermore, Volkswagen and Toshiba are planning the development of battery systems with a high specific energy density for the next generation of electric vehicles.
The chairman of the board of management at Volkswagen AG, Prof. Dr Martin Winterkorn, emphasised: "Volkswagen is forging ahead with the development of future drive technologies in many different areas. In order to further strengthen our position, Volkswagen is investing in the long term and is offering cooperation projects to other companies. One of the important components in this context is the cooperation with Toshiba. I am convinced that this will be a major step forward towards the development of series production electric vehicles for our customers." Volkswagen's objective, he said, is to be the first manufacturer to provide an emissions-free, affordable and safe large-scale production electric vehicle. "A considerable amount of research and development work still has to be carried out until we can produce the electric vehicle, in the field of lithium-ion battery technology in particular and this is an area in which the Volkswagen Group is working with further potential technological partners alongside Toshiba ", stated Prof. Dr Winterkorn.
The letter of intent was signed by Prof. Dr Winterkorn and Atsutoshi Nishida, president and chief executive officer of the Toshiba Corporation. Nishida said: "We look forward to building up a mutually beneficial partnership with Volkswagen, a clear leader in the automotive industry making strong initiatives in the development of environmentally-friendly cars. The combined know-how of the two international technology groups Volkswagen and Toshiba will be an important step towards the drive technologies of tomorrow." He continued that this is a good signal for mobility based on ecology and economy.
Source: Volkswagen
Thursday, February 12, 2009
Group and core brand extend market share in January
Group sales and marketing chief Wittig: “Systematically continue with growth strategy”
Group and core brand hold ground well compared with competition
Wolfsburg, 11 February 2009 - The Volkswagen Passenger Cars brand delivered 246,700 vehicles to customers worldwide in January (2008: 287,500; -14.1 percent). The Volkswagen Group delivered 382,000 vehicles worldwide during the same period (2008: 485,300; -21.3 percent).* As expected, deliveries by the world’s third largest automaker were below the record levels of the same month in 2008 as a consequence of the global economic and financial crisis, but the Group and its core brand nevertheless performed noticeably better than global competition (-24.1 percent).
"In January, global deliveries by the Group and the Volkswagen core brand again developed better than was the case for our competitors. Moreover, we were able to extend our market share further in key markets," Detlef Wittig, Executive Vice President, Group Sales and Marketing, commented. He added that sharply contracting overall markets during the first month of this year nevertheless showed that no improvement in the global economic crisis was in sight at the moment. "Our long-term growth targets remain valid despite the difficult overall conditions," Wittig stated, going on to say that the Group was well placed to achieve these targets given its widely varied young model range, innovative environmental technologies such as BlueMotion, DSG and TDI as well as numerous new model launches in 2009.
Market share in key markets extended further in January
Despite the difficult market environment, the Group extended market share on markets such as Germany (from 32.2 to 32.9 percent), Western Europe (from 18.7 to 20.1 percent) and the USA (from 2.0 to 2.7 percent) in January, thus strengthening its market position.
Fox, Polo, Golf, Seat Ibiza and Ŝkoda Fabia above prior-year levels in Germany
In Germany, the Group brands delivered 53,300 vehicles in January (previous year: 64,700; -17.7 percent), with Volkswagen, the core brand, delivering 29,500 passenger cars (previous year: 33,800; -12.8 percent) to customers on its domestic market. "Consumer acceptance of the environmental bonus has significantly boosted demand, in particular for small and compact cars such as the Fox, Polo, Golf, Seat Ibiza and Ŝkoda Fabia, since January. Delivery figures for these models are all higher than last year," Wittig said.
Absolute growth in deliveries to Russia and Brazil
In Russia, the Group even defied the strongly negative market trend, delivering 6,600 vehicles, representing an increase of 12.7 percent (previous year: 5,800 vehicles). In Brazil, too, deliveries were higher than January 2008: here, the Group reported a rise of 1.3 percent with 47,600 vehicles delivered (previous year: 47,000).
In the USA, the Group delivered 17,600 vehicles (previous year: 21,275; -17.3 percent), thus faring noticeably better than the competition (market: -37.1 percent).
On an overall European market that remained very weak, the Group brands delivered 184,000 vehicles in January (previous year: 262,100; -29.8 percent).
In China, the Group delivered 83,900 vehicles in January (previous year: 94,200; -10.9 percent).
*excluding Scania
Source: Volkswagen
Group and core brand hold ground well compared with competition
Wolfsburg, 11 February 2009 - The Volkswagen Passenger Cars brand delivered 246,700 vehicles to customers worldwide in January (2008: 287,500; -14.1 percent). The Volkswagen Group delivered 382,000 vehicles worldwide during the same period (2008: 485,300; -21.3 percent).* As expected, deliveries by the world’s third largest automaker were below the record levels of the same month in 2008 as a consequence of the global economic and financial crisis, but the Group and its core brand nevertheless performed noticeably better than global competition (-24.1 percent).
"In January, global deliveries by the Group and the Volkswagen core brand again developed better than was the case for our competitors. Moreover, we were able to extend our market share further in key markets," Detlef Wittig, Executive Vice President, Group Sales and Marketing, commented. He added that sharply contracting overall markets during the first month of this year nevertheless showed that no improvement in the global economic crisis was in sight at the moment. "Our long-term growth targets remain valid despite the difficult overall conditions," Wittig stated, going on to say that the Group was well placed to achieve these targets given its widely varied young model range, innovative environmental technologies such as BlueMotion, DSG and TDI as well as numerous new model launches in 2009.
Market share in key markets extended further in January
Despite the difficult market environment, the Group extended market share on markets such as Germany (from 32.2 to 32.9 percent), Western Europe (from 18.7 to 20.1 percent) and the USA (from 2.0 to 2.7 percent) in January, thus strengthening its market position.
Fox, Polo, Golf, Seat Ibiza and Ŝkoda Fabia above prior-year levels in Germany
In Germany, the Group brands delivered 53,300 vehicles in January (previous year: 64,700; -17.7 percent), with Volkswagen, the core brand, delivering 29,500 passenger cars (previous year: 33,800; -12.8 percent) to customers on its domestic market. "Consumer acceptance of the environmental bonus has significantly boosted demand, in particular for small and compact cars such as the Fox, Polo, Golf, Seat Ibiza and Ŝkoda Fabia, since January. Delivery figures for these models are all higher than last year," Wittig said.
Absolute growth in deliveries to Russia and Brazil
In Russia, the Group even defied the strongly negative market trend, delivering 6,600 vehicles, representing an increase of 12.7 percent (previous year: 5,800 vehicles). In Brazil, too, deliveries were higher than January 2008: here, the Group reported a rise of 1.3 percent with 47,600 vehicles delivered (previous year: 47,000).
In the USA, the Group delivered 17,600 vehicles (previous year: 21,275; -17.3 percent), thus faring noticeably better than the competition (market: -37.1 percent).
On an overall European market that remained very weak, the Group brands delivered 184,000 vehicles in January (previous year: 262,100; -29.8 percent).
In China, the Group delivered 83,900 vehicles in January (previous year: 94,200; -10.9 percent).
*excluding Scania
Source: Volkswagen
Saturday, February 7, 2009
Not VW's New Midsize Sedan but Close !!!
Spy shot of 2010 Passat Lingyu
Chinese Automotive website Cheshi.com has spy shots of the Passat Lingyu facelift which is based on a stretched version of the Passat B5 platform measuring overall 4.78 metres in length.
As we can see from the image the 2010 model has being influenced by the Phaeton, with a cleaner grill and headlight treatment and new compact wing mirrors for better aerodynamics; this design could also provide vital design clues to Volkswagen's New Midsize Sedan to the US.
Shanghai Volkswagen is leading the development of New Midsize Sedan which will be produced in Shanghai and Chattanooga respectively.
Current Passat Lingyu produced since 2005
The 2010 Passat Lingyu will carry over the current engine range which comprises of a 2.0L 114hp/85kW with multi point injection, the evergreen 1.8T 148hp/110kW and the 2.8 V6 188hp/140kW.
The 2010 model will debut at the 2009 Shanghai Auto Show in April this year with production to start shortly after.
Image Source: Cheshi.com and Volkswagen
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