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Volkswagen Group plans to share new PPE platform with rivals – report
News
10th Oct 2019
2 min read

Volkswagen Group plans to share new PPE platform with rivals – report

If the Volkswagen Group has its way, its new electric platforms won’t just be proliferating throughout their own corporate range – they’ll be proliferating through rival automakers’ line-ups, too. Bloomberg reports the German giant is in discussions with other automakers to share with them its upcoming, all-electric 'PPE' platform.
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William Stopford
Volkswagen Group to build next-gen Passat, Superb in Turkey
News
5th Oct 2019
2 min read

Volkswagen Group to build next-gen Passat, Superb in Turkey

The Volkswagen Group is finalising a new production facility in Turkey which will reportedly become the site of Passat and Skoda Superb production next decade. According to documents obtained by industry journal, Automotive News Europe, the new factory will have an annual production output of 300,000 units when it goes online in 2022, and be located in Manisa, some 40km north-east of Izmir on the Turkish west coast.
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James Wong
Ford and Mahindra joint venture formed for emerging markets
News
1st Oct 2019
2 min read

Ford and Mahindra joint venture formed for emerging markets

Ford and Mahindra have agreed to form a joint venture valued at US$275 million ($406 million), which will be based in India and focussed on making vehicles for "high-growth emerging markets around the world". Mahindra will be the dominant partner in the relationship, owning 51 per cent of the joint venture and running day-to-day operations. Ford will own the remainder of the company, and will transfer its Chennai and Sanand factories and employees to the new company.
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Derek Fung
Faraday Future appoints former BMW i8 program lead as its CEO
News
4th Sep 2019
2 min read

Faraday Future appoints former BMW i8 program lead as its CEO

Faraday Future has appointed Dr Carsten Breitfeld, the man who lead the BMW i8 team, as its new CEO. According to the beleaguered automaker, Breitfeld has been tasked with bringing the FF 91 electric crossover and the as-yet-unseen FF 81 "mass market electric vehicle" into production, as well as "developing industry-leading technology" and helping with the company's on-going fundraising.
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Derek Fung
Volkswagen denies interest in buying Tesla stake
News
22nd Aug 2019
1 min read

Volkswagen denies interest in buying Tesla stake

While industry rumours are often met with a dead bat, Volkswagen has issued a firm denial it's interested in purchasing a shareholding in Tesla. Sources have told Manager Magazin, Volkswagen Group CEO Herbert Diess is interested in acquiring a stake in Tesla to access its software and battery design expertise. Although Diess is said to meet regularly with Elon Musk, Tesla CEO, the American automaker has rebuffed requests from Volkswagen for an alliance.
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Derek Fung