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Forever young: why fleet operators remain on the right road with leasing

Forever young: why fleet operators remain on the right road with leasing

Car Retail Value SA
September 30, 2022
2022-09-30 It preserves liquidity, allows cost transparency, provides predictability, encourages satisfaction among employees – while ensuring excellent flexibility at the same time. Leasing is and remains the preferred form of procurement for many fleet operators. These are some of the key advantages at a glance. Read Full Article Source
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Investors switch into Porsche from VW on debut day

Investors switch into Porsche from VW on debut day

Car Retail Value SA
September 29, 2022
MILAN — Porsche AG shares rallied on their Frankfurt market debut on Thursday as traders dumped holdings of its controlling companies to grab a slice in the newly listed supercar manufacturer. The listing of Porsche AG, under a trading code that includes the 911 number in a nod to its most famous model, defied turbulent…
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Executive Board and Supervisory Board determine placement price of the preferred shares for IPO of Dr. Ing. h.c. F. Porsche AG

Executive Board and Supervisory Board determine placement price of the preferred shares for IPO of Dr. Ing. h.c. F. Porsche AG

Car Retail Value SA
September 29, 2022
Ad hoc Release2022-09-28 / 21:07 CET/CEST Executive Board and Supervisory Board determine placement price of the preferred shares for IPO of Dr. Ing. h.c. F. Porsche AG Volkswagen AG had announced on 5 September 2022 that the Executive Board, with the approval of the Supervisory Board, had decided to launch an IPO of the preferred…
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VW Golf refresh spied with new infotainment screen uncovered

VW Golf refresh spied with new infotainment screen uncovered

Car Retail Value SA
September 28, 2022
The new Volkswagen GTI and Golf R may still feel like new cars here in the U.S., but VW is already prepping a refresh to the regular Golf over in Europe. We all know that what is applied to the Golf, we’ll see transferred over to the GTI and Golf R, making the interior spy…
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PowerCo and Umicore establish joint venture for European battery materials production

PowerCo and Umicore establish joint venture for European battery materials production

Car Retail Value SA
September 26, 2022
PowerCo, the new battery company of the Volkswagen Group, and Umicore, the Belgian circular materials technology group, announced today the founding of a joint venture for precursor and cathode material production in Europe. From 2025 onwards, the joint venture will supply PowerCo's European battery cell factories with key materials. By the end of the decade,…
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VW may move production because of Russia's cutoff of natural gas

VW may move production because of Russia's cutoff of natural gas

Car Retail Value SA
September 25, 2022
Volkswagen AG is exploring ways to counter a shortage in natural gas, including shifting production around its network of global facilities, signaling how the energy crisis unleashed by Russia’s invasion of Ukraine threatens to upend Europe’s industrial landscape. Volkswagen, Europe’s biggest carmaker, said Thursday that reallocating some of its production was one of the options…
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Germans, Brits and Ferrari's new V12 SUV

Germans, Brits and Ferrari's new V12 SUV

Car Retail Value SA
September 24, 2022
In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Byron Hurd. With the Detroit Auto Show now in the rearview, focus shifts to news that crept up outside of the North American spotlight. The two talk about the new Ferrari Purosangue SUV, then pivot to a discussion about the…
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Volkswagen Gen.Travel concept is the autonomous travel pod of tomorrow

Volkswagen Gen.Travel concept is the autonomous travel pod of tomorrow

Car Retail Value SA
September 23, 2022
Volkswagen is looking ahead — way ahead — at the future of commuting. The company traveled to the Chantilly Arts & Elegance show taking place near Paris, France, to introduce an electric, van-like concept car that features Level 5 autonomous driving technology. Whatever you think a Volkswagen should look like, this isn't it. The concept…
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The innovative way to travel: design study GEN.TRAVEL makes world debut

The innovative way to travel: design study GEN.TRAVEL makes world debut

Car Retail Value SA
September 23, 2022
At Chantilly Arts & Elegance near Paris, the Volkswagen Group will present an innovative design study that will redefine the long-distance mobility of the future on September 24. The all-electric powered Innovation Experience Vehicle (IEV) is a real prototype that drives autonomously (Level 5) and gives a realistic outlook for the mobility of the coming…
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Elli and Elia Group forming partnership to integrate EVs into the electricity system

Elli and Elia Group forming partnership to integrate EVs into the electricity system

Car Retail Value SA
September 23, 2022
Elli, the Volkswagen subsidiary that manages all activities related to charging and energy for the Group in Europe, the Elia Group and its start-up re.alto signed a memorandum of understanding (MoU) today in Berlin. The MoU underscores the signatories’ shared vision of integrating electric cars into the electricity system. Over the next few years, the…
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