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Porsche IPO referred to committees

Porsche IPO referred to committees

Car Retail Value SA
September 4, 2022
Ad hoc Release2022-09-03 / 10.45 CET/CEST The Management Board and the Supervisory Board are dealing with a possible announcement of an Initial Public Offering (IPO) of Dr. Ing. h.c. F. Porsche AG On 24 February 2022, Volkswagen AG had announced that it would examine the feasibility of a potential IPO of Dr. Ing. h.c. F.…
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2023 VW Golf R 20th Anniversary Edition revealed

2023 VW Golf R 20th Anniversary Edition revealed

Car Retail Value SA
September 2, 2022
Another day, another anniversary arrives, and with it, a special edition car. This one comes to us from Volkswagen. The 2023 VW Golf R 20th Anniversary Edition marks the anniversary of VW's first Golf R model, the VR6-powered R32. And it follows the pattern of many an anniversary edition with some special trim and some…
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VW will speed up electric vehicle transition, new CEO Oliver Blume says

VW will speed up electric vehicle transition, new CEO Oliver Blume says

Car Retail Value SA
September 1, 2022
BERLIN — Volkswagen will accelerate its transition towards electric vehicles, but needs to find the right "rhythm" as it makes the shift, new Chief Executive Oliver Blume said at an internal conference on Thursday, the first day of his tenure. At a gathering of global top managers in Lisbon, Blume said he had developed a…
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Volkswagen Supervisory Board resolves to further develop Group management

Volkswagen Supervisory Board resolves to further develop Group management

Car Retail Value SA
September 1, 2022
The Volkswagen Group is further developing its Group management. The Group Board of Management of Volkswagen AG is being streamlined and responsibilities will be reallocated. The Supervisory Board adopted a corresponding resolution. The new Chairman of the Board of Management, Oliver Blume, will focus on strategy, quality, design and the software subsidiary CARIAD. In addition,…
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Charging more affordable for EV drivers: Elli becomes partner of the &Charge bonus programme

Charging more affordable for EV drivers: Elli becomes partner of the &Charge bonus programme

Car Retail Value SA
September 1, 2022
The Volkswagen subsidiary Elli, which oversees all activities involving charging and energy in the Group, has become a partner in the sustainable bonus programme offered by &Charge. The goal is to consistently improve the charging experience with the help of customer feedback and to provide money savings at the charging station. Elli charging-tariff customers as…
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Team spirit, fairness and passion are key

Team spirit, fairness and passion are key

Car Retail Value SA
August 31, 2022
Mr Blume, you were born in Lower Saxony and grew up here. What does your new role in the Volkswagen Group mean to you? A great deal. For me it’s a great honour to have been offered this position. I have worked for the Volkswagen Group for 28 years, was active with four brands and…
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Under shadow of war, Porsche gears up for market debut

Under shadow of war, Porsche gears up for market debut

Car Retail Value SA
August 28, 2022
HAMBURG — Preliminary steps to list Porsche on the stock market are expected in the coming days, six people familiar with the matter said, adding executives at parent Volkswagen and family members were gathering to sell the idea to wary investors. A flotation would test the investor appeal of Europe's largest auto manufacturer group as…
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Dodge goes electric in style

Dodge goes electric in style

Car Retail Value SA
August 26, 2022
In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor, Green, John Beltz Snyder. There's been a lot for Dodge news recently, including the reveal of the Charger Daytona SRT electric muscle car and Hornet crossover, and the announcement of some special, final versions of the internal-combustion Charger and Challenger.…
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VW, Mercedes-Benz team up with Canada in battery materials push

VW, Mercedes-Benz team up with Canada in battery materials push

Car Retail Value SA
August 24, 2022
FRANKFURT — German carmakers Volkswagen and Mercedes-Benz struck battery materials cooperation agreements with mineral-rich Canada on Tuesday, intensifying efforts to secure access to lithium, nickel and cobalt. The move comes as automakers roll out their electric-vehicle expansion strategies globally in a bid to challenge sector leader Tesla. These strategies depend on sufficient supplies of vital…
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