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.
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.
Volkswagen Group has appointed Dr Manfred Döss as its new Head of Legal Affairs. He succeeds Michael Ganninger, who is leaving the company "at his own wish by amicable agreement" the company said in a statement.
Porsche sales in January to November 2015 rose 24% to 209,894 cars worldwide, passing the 200,000 mark for the first time. Full year 2014 sales of 189,849 was also a record.
Porsche's supervisory board has named Albrecht Reimold member of the executive board for production and logistics from 1 February, 2016. He replaces Oliver Blume, chairman of the executive board since October.
Porsche has given the green light for its Mission E electric sports car project and says it will invest a billion euros and add 1,000 new jobs for it.
Audi has suspended two engineers after its larger diesel engines were found evading emissions limits in the United States, Audi CEO Rupert Stadler told a newspaper.
Porsche Automobil Holding SE booked group profit of EUR1.19bn euro for the period from 1 January to 30 September 2015 compared with EUR2.50bn a year ago after the cost effects of the diesel emissions scandal at VW AG started to take a toll. Porsche has also revised down sharply its profits forecasts.
Porsche delivered 18,699 new cars worldwide last month, an increase of 18% year on year. Year to date sales rose 27% to a record 191,784 units in the first 10 months of the year. The full year 2014 tally was 189,849.
Porsche Cars Canada has broken ground on the site that will host a new Toronto dealership and the future corporate headquarters for the brand in Canada. The site on the northeast corner of highways 401 and 404 will provide high visibility on a transport corridor where approximately 600,000 vehicles pass daily.
Data from the Society of Motor Manufacturers and Traders (SMMT) showed UK new car registrations dropped for the first time in more than three and a half years as market growth levelled off in October 2015. 177,664 new cars were registered in the month, a dip of 1.1% on last year’s figure and following a record 43 consecutive months of growth. Year to date data showed the new car market is up 6.4% to 2,274,550 cars - the best YTS result on record.
Porsche's executive board has appointed Klaus Zellmer as new president and chief executive officer of Porsche Cars North America (PCNA), effective 1 November.
Former Volkswagen Group CEO Martin Winterkorn, who quit last month, will step down from his remaining posts related to the company, the Sueddeutsche Zeitung newspaper and TV stations NDR and WDR reported, without citing sources. The resignations are expected in the coming days, as soon as a few remaining formalities have been dealt with, they said, according to Reuters.
Volkswagen AG's new CEO, former Porsche chief Matthias Müller, has named Porsche head of public relations and press Hans-Gerd Bode (54) head of group communications, investor relations and external relations, with immediate effect. He succeeds Stephan Grühsem (53), "who is leaving the company by amicable agreement", according to a VW statement.
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.
Porsche Automobil Holding SE (PAH3) - Financial and Strategi
Porsche Automobil Holding SE (Porsche SE) is a holding company with investments in automobile industry. Porsche SE conducts operations through an operational affiliate and a joint venture company....
Porsche Automobil Holding SE (Germany)
This report presents quick facts about Porsche Automobil Holding SE, which is principally involved in the Manufacture and Distribution of Automobiles....
Global 4WD and AWD light vehicle market- forecasts to 2030
This QUBE report from just-auto provides a comprehensive overview of the global 4WD and AWD sector, major suppliers, top 14 markets, technology trends and market size forecasts. Use this report to gai...
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