Cleverly manage your own electricity: First ID. models support bidirectional charging
From now on, many models in the ID. Family now offer bidirectional charging with the "Vehicle to Home" function. With a home power station and the integrated Home Energy Management System (HEMS)
from Volkswagen partner HagerEnergy GmbH, customers can cover as much of their household consumption as possible with their photovoltaic system. Both companies have launched a pilot project in Sweden in which an entire housing estate is being supplied with vehicles and the corresponding charging infrastructure.
ID.5 GTX - power consumption in kWh/100 km: combined 18.6-16.2; CO₂ emissions in g/km: combined 0. Only consumption and emission values in accordance with WLTP and not in accordance with NEDC are available for the vehicles. Where ranges are stated, the values for consumption and CO₂ emissions depend on the selected vehicle equipment.
Volkswagen increases pace of innovation in China for China: tech company in Hefei launches electric platform for entry-level segment in just 36 months
The Volkswagen Group is systematically strengthening its development expertise ‘in China for China’. To drive this strategy, Volkswagen is expanding its site in Hefei in eastern China into a state-of-the-art production, development, and innovation hub. At its heart is the Volkswagen China Technology Company (VCTC) – the Group's largest development centre outside Germany, with a clear focus on intelligent, fully connected vehicles. VCTC aims to reduce the time to market for vehicles and components by 30 percent through efficient development processes and the use of cutting-edge technologies. As a result, the Group will better harness the growth momentum of the Chinese market. The hub is also taking on key development tasks, including the development of a local electric platform for the entry-level segment. Derived from the Group's modular electric drive matrix (MEB), the new platform is intended to open up further market segments in China. From 2026, the platform will form the basis for additional battery-powered vehicles (BEV) specifically tailored to the wishes of Chinese customers. The development time of just 36 months is around a third shorter than the Volkswagen Group's previous timescales.
Elli launches pan-European charging solution for electric fleets
Volkswagen Group brand Elli is launching an intelligent
solution across Europe for electric vehicle fleets. With Elli Fleet Charging, companies in
Germany, Italy, Spain, and Austria are now able to manage and cost-optimize their fleet
charging. After a market introduction phase lasting several months, over 650 German
companies and fleet managers are already successfully using Elli’s product.
ID. Buzz Pro - Power consumption in kWh/100 km: combined 22.0-20.7; CO₂ emissions combined in g/km: 0; consumption and emission values in accordance with WLTP and not NEDC are available for the vehicle. Information on consumption and CO₂ emissions, shown in ranges, depends on the selected vehicle equipment.
Volkswagen Financial Services report solid third quarter 2023 amidst challenging environment
Volkswagen Financial Services have continued the current fiscal year with a solid third quarter. For example, the new contract acquisi-tions worldwide increased by 10.8 percent during the months from January to Sep-tember 2023. The portfolio of current contracts remained stable at just over 22 million. "We continue to see the normalization of the financial services business in terms of earnings that has been apparent since the beginning of the year and feel confirmed in our assessment for 2023," said Dr. Christian Dahlheim, Chairman of the Management Board of Volkswagen Financial Services AG. He added: "We are pleased with the de-velopment of new contracts, which exceeded six million units in the first nine months of the fiscal year. This reflects the improved vehicle availability." Frank Fiedler, CFO of Volkswagen Financial Services AG, noted: "All our forecasts regarding business per-formance are being confirmed. We are therefore sticking to our earnings target, de-spite the numerous global political and macroeconomic uncertainties."
Porsche expands partnership with Google
Porsche and Google are expanding their collaboration with the goal of enabling even deeper integration of Google services in Porsche vehicles.
Brand Group Core improves operating profit, unit sales and sales revenue – increased product costs and interruptions to production impact profitability
The Volkswagen Group’s Brand Group Core extended cross-brand cooperation in the first nine months of 2023. Further synergy and scale effects were leveraged through disciplined investments and increased cost efficiency between the Volkswagen, ŠKODA, SEAT/CUPRA and Volkswagen Commercial Vehicles brands. There was a slight increase in the overall effectiveness of the Brand Group – however, performance felt the impact of negative factors such as interruptions in production resulting from the floods in Slovenia.
Audi Group: Solid development in the first nine months
The Audi Group is following up on a strong first half of the year and reports increased delivery figures after nine months: Between January and September, the Progressive brand group delivered around 1,405,000 Audi, Lamborghini, and Bentley vehicles – 16 percent more than in the same period last year. The increase was particularly strong in the USA and Europe. Revenue rose by 13 percent to €50.4 billion in the first nine months, while the operating profit was €4.6 billion. The operating margin was within the target corridor at 9.1 percent. Once again, the brand with the four rings demonstrated its strength in fully electric models with deliveries of more than 123,000 vehicles – an increase of 60 percent – demonstrating the success of the electrification strategy.
Porsche AG posts robust growth in first nine months
Roughly a year after its successful IPO on September 29, 2022, Porsche AG again reported strong business figures for the third quarter of 2023. In the first nine months of the year, the sports car manufacturer increased both Group sales revenue and Group operating profit.
911 S/T: Fuel consumption combined: 13.8 l/100 km (WLTP); CO₂ emissions combined: 313 g/km (WLTP); Status 10/2023
TRATON GROUP raises forecast for full-year 2023 following successful business performance in the first nine months
The TRATON GROUP has delivered a strong performance in the first nine months of 2023 with significant increases in unit sales, sales revenue, operating result, and operating return on sales and is now raising its forecast for full-year 2023.
Federal government and Hamburg put autonomous ridepooling project on the road
October 23rd, 2023 - By 2030, there could be up to 10,000 autonomous shuttles on Hamburg's roads. That’s the goal of an agreement between the Federal Ministry of Transport and the Hanseatic City of Hamburg, which is now being brought to reality.
TRATON GROUP unveils new service to boost charging for electric trucks
October 18, 2023 – The TRATON GROUP has established TRATON Charging Solutions to accelerate access to charging locations for its brands’ customers and facilitate the transition of their fleets to battery electric commercial vehicles. TRATON Charging Solutions is a new service entity of the TRATON GROUP dedicated to simplifying electric commercial transport. It offers a range of capabilities, including contracting, invoicing, route planning, and utilization insights, to ensure a seamless charging experience for electric commercial vehicle operators.
Volkswagen Passenger Cars readies plants for the future
The Volkswagen brand is preparing its Germany-based production network for the future. At a meeting today, the Group Board of Management informed the Supervisory Board of the Volkswagen Group about its vehicle allocation plans for the brand through 2028. In taking this step, the company has set its sites up for profitable capacity utilization and the economic perspective of the coming years. Efficient vehicle allocation and increased productivity are key aspects of the performance program ACCELERATE forward | Road to 6.5 initiated by the brand.
The History of Volkswagen Nutzfahrzeuge
The Volkswagen Commercial Vehicles brand was not developed by acquisition, but grew organically within the Volkswagen Group. Officially, the brand was established in July 1995, with a view to pooling all the commercial vehicle expertise and resources of the Group. Although Volkswagen Commercial Vehicles was not established as an independent company, it was organisationally and financially assigned to the Volkswagen brand as the future controlling body for the Group’s international commercial vehicles business. The Group had decided on this step in view of the growing importance of its commercial vehicles business line, which generated sales totalling about 10 billion DM from its main Hanover plant and its international facilities in Poland, Spain, Brazil, Mexico and South Africa in 1995. The product range, including the Caddy, Pick-Up, Transporter and Caravelle as well as the LT and heavy trucks, ref lected the progression of the brand from a lightweight to a heavyweight. In 1996, the Multivan was added to the T4 range, introducing a modern version of a product line that had already formed part of the first Transporter generation.
The History of Porsche
The sports car brand Porsche is literally a big noise in the automotive world. The typical sound of its high-performance engines embodies the ultimate in power and dynamics. The make takes its name from world-famous designer Ferdinand Porsche. With sports car models such as the 356 and 911, and race cars such as the 550 Spyder and the 917, the Porsche family business has created automotive icons of pure passion. Porsche vehicles built in Zuffenhausen and Leipzig are in high demand all over the world, and represent a genuine dream for many automobile lovers. Since August 1, 2012 the high-performance brand has been operating under the umbrella of the Volkswagen Group. The acquisition of the remaining 50.1 percent of shares in Dr. Ing. h.c. F. Porsche AG by Porsche SE created an integrated automotive concern which had been instigated by an agreement in principle signed on August 13, 2009.