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Tag: Volkswagen production


Industry Focus Areas, Motorized Vehicle

Volkswagen, Honda Suspend Production at China Plants Due to Covid-19 Curbs

November 30, 2022

Via: The Wall Street Journal

Auto makers in China including Volkswagen AG VOW 0.74% and Honda Motor Co. HMC -0.08% have halted production at some plants as authorities persist in using strict measures to control Covid-19 outbreaks. Volkswagen has suspended production at its Chengdu plant […]


Industry Focus Areas, Motorized Vehicle

Ford-Volkswagen alliance to include shared production of 8 million commercial vehicles

June 10, 2020

Via: CNBC

Ford Motor and Volkswagen plan to share production of 8 million commercial vehicles as part of an expanded alliance between the two automakers. Production of the vehicles is expected to begin as early as next year and continue through the […]


Industry Focus Areas, Motorized Vehicle, Process, Production

Volkswagen to suspend production in Europe, warns of ‘very difficult’ year

March 17, 2020

Via: CNBC

German carmaker Volkswagen has announced it is preparing to temporarily shut down most of its European plants in the wake of the coronavirus pandemic. Speaking to reporters on Tuesday, Chief Executive Herbert Diess said the company would shut down production […]


Industry Focus Areas, Motorized Vehicle

VW CFO outlines road map for $222 billion valuation goal

October 28, 2019

Via: Automotive News

Days before production starts on Volkswagen Group’s cornerstone electric vehicle, the ID3, the automaker is stepping up a push to more than double its market value and gain investor recognition for the industry’s most ambitious technology push. In an internal […]


Industry Focus Areas, Motorized Vehicle

Volkswagen to invest up to 4 billion euros in digital transformation

June 5, 2019

Via: Reuters

BERLIN (Reuters) – Volkswagen will invest up to 4 billion euros over the years to 2023 to digitalize its administration and production, the German carmaker said on Wednesday, adding that up to 4,000 jobs in non-production units could be cut. […]


Process, Production

Volkswagen, Siemens to collaborate on industrial cloud technology

March 29, 2019

Via: Reuters

BERLIN (Reuters) – Volkswagen has selected Siemens as its integration partner to help connect its 122 plants to Amazon’s cloud in an effort to raise efficiency in production, the two German companies announced on Friday. “Siemens will play a key […]