Business, Equipment

Volkswagen AG Names First Female Labor Leader

Volkswagen AG’s powerful works council picked its first female leader to succeed Bernd Osterloh, 64, who will take over as personnel chief at the German industrial giant’s Traton SE trucks division next month.

Christoph Rauwald | Bloomberg News
April 23, 2021
Business, Technology, Fuel, Autonomous

Audi Takes On Tesla’s Model Y With Entry-Priced Electric SUV

Audi’s new Q4 e-tron will go head-to-head with Tesla Inc. in the fast-growing market of compact crossover SUVs to help parent Volkswagen AG narrow its electric-car sales gap with the world leader.

Christoph Rauwald | Bloomberg News
April 14, 2021
Government, Business, Fuel

Daimler’s Legal Risks Around Emissions Linger Ahead of Revamp

Daimler AG shares have soared since the pandemic forced the Mercedes-Benz maker to postpone its annual shareholders’ meeting around this time a year ago. Its chairman’s swan song still will hit some low notes.

Christoph Rauwald | Bloomberg News
March 30, 2021
Business, Technology, Equipment, Fuel

VW Shares Soar on Plans to Beat Tesla

Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.

Christoph Rauwald | Bloomberg News
March 16, 2021
Business, Technology

Continental Bets on Automated-Driving Growth in Unit Overhaul

Continental AG will create a dedicated unit for its self-driving technology as the German automotive supplier hopes to benefit from rising sales for electric cars filled with electronic gadgetry.

Christoph Rauwald | Bloomberg News
March 16, 2021
Business, Technology, Fuel

VW Plans Europe’s Biggest Battery Push in Electric Offensive

Volkswagen AG is stepping up its game to become the world’s biggest electric car maker with a plan to build six battery factories in Europe and global investments in charging stations.

Christoph Rauwald | Bloomberg News
March 15, 2021
Business, Technology, Fuel

Volkswagen Brand Doubles EV Share Target

Volkswagen AG’s main brand doubled its forecast for the share of purely battery-powered cars in Europe to 70% by the end of the decade, signaling it expects to be delivering well more than 1 million EVs a year by then.

Christoph Rauwald | Bloomberg News
March 5, 2021
Business, Technology, Fuel, Autonomous

VW’s Electric Car Stacks Up Well Against Tesla, Analyst Says

A teardown of Volkswagen AG’s first dedicated electric vehicle found it measures up favorably with Tesla Inc. models in several key aspects, sending the German carmaker’s shares to levels last seen before its diesel emissions scandal.

Christoph Rauwald | Bloomberg News
March 3, 2021
Business, Technology, Fuel

Daimler Truck Eyes Profit Rebound, Electric Rig in Spinoff Year

Daimler AG’s truck unit will focus on restoring earnings this year and start producing an electric big rig as it gets ready to separate from the larger Mercedes-Benz luxury-car division after more than a century.

Christoph Rauwald | Bloomberg News
February 25, 2021
Business, Technology, Autonomous

VW, Microsoft Extend Collaboration to Self-Driving Car Software

Volkswagen AG and Microsoft Corp. are expanding their cooperation involving the U.S. software giant’s cloud technology to include speeding up development of automated driving.

Christoph Rauwald | Bloomberg News
February 11, 2021