Automotive industry company news
News that Škoda is building a new, energy-efficient press shop at its main factory in Mladá Boleslav drew a lot of eyes to just-auto.com thi...
Continuing just-auto's series of interviews with tier one suppliers, this week Matthew Beecham talked with Detlef Jürss, group vice presiden...
Porsche’s strategy of ever more variants for the 911 range is paying dividends: worldwide deliveries reached 25,000 cars in the first nine months of 2015. The GTS line, new earlier this year, is a good example of how the company constantly finds ways of expanding sales of its rear-engined supercar.
In the second and final part of this month's management briefing, we take a look at the stand out concepts, production cars and trends seen at the 2015 Frankfurt IAA motor show.
Vehicle sales ended the first half of CY2015 down 11%, due mostly to a tax rise for Kei-models. Yet not every OEM is suffering. Mazda was up 47% in June, while multiple European brands are also enjoying high percentage gains.
The Volkswagen Group is killing off two engines in the Touareg due to the anti-pollution requirements of Euro 6 emissions regulations in EU countries.
David Ingrams, who retired from Audi UK's press office today (31 July) played a key role in helping the German automaker's engineers achieve "uncompromised" right hand drive configurations and also oversaw a collection of about 50 classic cars, many of which he helped to launch when new. The man who praised Audi for taking the long-term view has himself served 36 years with the automaker and the connection may not yet be completely severed.
The IT industry has made much of the benefits of a Cloud infrastructure, offering better security and less complex networks in the workplace. Infotainment specialist Harman with subsidiary Aha claims its use in the car could be equally effective. It is now offering OEMs and service providers a chance to use the Cloud beyond downloading apps, navigation updates or music. Understanding what features are being used by the end customer, finding software bugs, removing unused features, reducing recalls or targeting specific customers with updates and advertising are just some of the ideas that Harman claims it can offer with its new Aha Cloud Platform Analytics and Updates Service. just-auto spoke to Siegfried Schuler, Director Centre of Competence Aha, about the service and find out what OEMs are most interested in.
'Special items' totalling EUR2.2bn on Volkswagen AG's first half 2016 books, due to costs associated with the diesel emissions scandal, would have a "negative effect" on fully year group results for Porsche SE, the Stuttgart-based sports car and luxury SUV maker said, adding its full year, group profit after tax forecast nonetheless remained unchanged.
With 117,963 new vehicle deliveries worldwide, Porsche is 3% up in the first half of 2016 year on year.
Porsche aims to keep its profit margin running at a double-digit percentage of sales in the coming years, benefiting from more efficient production while boosting spending on its first all-electric car, chief executive Oliver Blume has said.
Porsche has opened a new engine plant at its main site in Stuttgart-Zuffenhausen where 400 workers produce around 200 V8s a day after a EUR80m spend.
Newly founded Porsche Digital is investing a seven-digit sum in parking solution specialist Evopark.
The second generation Porsche Panamera has been shown to the media. As well as being the first model for MSB, a Volkswagen Group RWD/AWD architecture, the new hatchback sees the arrival of a fresh V8 diesel engine, now compliant with the latest EC emissions legislation.
An exposure to the Volkswagen Group is the reason for Porsche SE having declared a loss of EUR273m (US303m) for fiscal 2015. The company's forecast for the present financial year is, however, unchanged.
ZF has celebrated the official production start of its eight-speed dual clutch transmission (8DT), developed jointly with Porsche, at the Brandenburg plant. It's been developed as a modular kit so versions for 2WD, 4WD and hybrid can all be made on a flexible production line for which ZF spent EUR100m.
Porsche said it would soon be producing all its two-door cars at its Zuffenhausen headquarters following the successful production launch of the 718 Cayman. Use of production capacities at the Volkswagen plant in Osnabruck, home of the previous generation, ends in mid-August.
Volkswagen Group and on-demand mobility provider Gett, said they have the cornerstone for a partnership at a kick-off event at the DRIVE Volkswagen Group Forum in Berlin.
Michael Steiner is the new member of the executive board for research and development at Porsche, the automaker announced.
Porsche Automobil Holding expects to see a return to profit of between EUR1.4bn (US$1.61528bn) and EUR2.4bn for fiscal year 2016 after posting a group loss of EUR273m for 2015 as a result of the Volkswagen diesel emissions scandal.
Following a supervisory board meeting in Stuttgart today (25 April), Porsche SE has revised its 2015 finanancial year dividend proposal to a considerably higher level than previously announced on Friday (22 April).
Volkswagen AG's group loss after tax for fiscal year 2015 of EUR1.361bn will have a corresponding negative effect on the group results of Porsche SE which holds a 30.8% stake in the Wolfsburg automaker.
Porsche said first quarter 2016 sales set a company record with 55,974 new vehicles delivered worldwide, a rise of 10% year on year.
Volkswagen and its Porsche unit on Thursday (24 March) said they were recalling around 800,000 VW Touareg and Porsche Cayenne sports utility vehicles as a precautionary measure, to fix a potentially faulty component on the pedal mechanism.
Porsche booked record results for 2015, its fifth consecutive record year.
Following Volkswagen's announcement preparation of annual financial statements for 2015 had been delayed "due to remaining open questions relating to the consequences of the emissions issue and the resulting valuation issues", Porsche SE has made a similar announcement.
New Volkswagen CEO Matthias Mueller faces a crucial meeting on Wednesday (13 January) with US regulators to discuss ways out of the emissions-cheating crisis, a day after the California Air Resources Board (CARB) rejected the automaker's initial proposed engine fix.
New vehicle sales in China jumped by 15.4% to 2.8m units in December, from 2.4m units in the same month of last year, according to data released by the China Association of Automobile Manufacturers.
Porsche delivered a record 225,121 cars world-wide, exceeding 2014's record of 189,849.
Volkswagen was expected to announce on Monday it is expanding its US goodwill diesel emissions compensation programme to tens of thousands of owners of larger diesel vehicles, the company's top US official told Reuters.
Its official debut might be just under two months away at the Frankfurt IAA, but the mid-life refresh for the 911 has been seen in public. The pics have appeared, inevitably, on FaceBook.
It had to happen. Just under a month to go before its international debut at the LA auto show and someone has captured a now only lightly disguised Macan on film.
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