Latest news with #VolkswagenPassengerCars
Belfast Telegraph
30-07-2025
- Automotive
- Belfast Telegraph
Lisburn car dealer in ‘deep shock' after being dropped as new Volkswagen supplier
Phillips in Lisburn said the decision by the German-owned vehicle manufacturer means that it will stop selling new Volkswagen Passenger Cars from December this year.
The Hill
25-07-2025
- Automotive
- The Hill
Volkswagen takes $1.5B profit dent after Trump's auto tariffs
President Trump's auto tariffs have riddled Volkswagen, which said it was hit with a $1.5 billion profit dent after the onset of the new U.S. trade policies. Volkswagen said the 'decline in Operating Result [is] primarily due to high costs from increased U.S. import tariffs (EUR 1.3 billion), provisions for restructuring at Audi, Volkswagen Passenger Cars, and Cariad (EUR 0.7 billion), and expenses related to CO₂ regulation' in a Friday press release. The drop in revenue comes as the European Union (EU) awaits a permanent trade deal with the White House to ease the president's 25 percent auto tariffs, which is slated to heavily impact car prices. Volkswagen said its automotive net cash flow for the year is expected to rake in $1-3.5 billion. Its analysts projected that U.S. tariffs will either remain at 27.5 percent during the second half of the year, but that the number would fall to 10 percent in the near future. Volkswagen's stock was up marginally at midday Friday, rising 3 percent. It is also up over the past five days. 'There is high uncertainty about further developments with regard to the tariffs, their impact and any reciprocal effects,' Volkswagen said in the Friday release. 'Challenges will arise in particular from an environment of political uncertainty, expanding trade restrictions and geopolitical tensions, the increasing intensity of competition, volatile commodity, energy and foreign exchange markets, and emissions-related requirements that have been more stringent since the beginning of the year,' it added. Both Japan and the United Kingdom have signed agreements with the Trump administration, that left them with 15 percent and 10 percent U.S. barriers.
Time of India
07-05-2025
- Automotive
- Time of India
Key leadership changes announced at Skoda Auto VW India: Details
Ashish Gupta, Brand Director of Skoda India. Skoda Kylaq Real World Review Things To Know Before Buying | TOI Auto Skoda Auto Volkswagen India has announced significant changes in its top management for the Skoda and Volkswagen brands, effective from May 1, 2025. The reshuffle sees two Indian industry veterans, Ashish Gupta and Nitin Kohli , stepping into key Gupta has been appointed as the Brand Director for Skoda India , succeeding Petr Janeba, who concludes his tenure in India and will return to Skoda Auto's headquarters in the Czech Republic .Gupta, who previously held the position of Brand Director for Volkswagen Passenger Cars , brings with him over two decades of experience in the automotive sector . His extensive journey includes more than 12 years with the Volkswagen Group, where he played a crucial role in strengthening the brand's presence in India. In his new role, Gupta will focus on expanding Skoda's footprint, enhancing customer trust, and building a sharper brand identity in the Indian Nitin Kohli has been appointed as the Brand Director for Volkswagen Passenger Cars. Kohli, who was formerly responsible for Sales and Operations at Audi India, boasts 25 years of experience in automotive sales, with over 12 years dedicated to Skoda Auto Volkswagen leadership overhaul is part of Skoda Auto Volkswagen India's ongoing transformation strategy, which focuses on nurturing local talent and boosting brand synergies. With Gupta and Kohli at the helm, the company aims to strengthen its presence in the competitive Indian market, while continuing to deliver on its commitment to innovation and customer-centric tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X.
India Today
05-05-2025
- Automotive
- India Today
Skoda Auto Volkswagen India rejigs leadership, appoints new brand heads
In a strategic leadership change, Skoda Auto Volkswagen India (SAVWIPL) has announced two key appointments aimed at strengthening its brand presence and accelerating growth in India by promoting local Gupta, the outgoing Brand Director of Volkswagen Passenger Cars, has taken over as Brand Director of Skoda India, effective May 1. He succeeds Petr Janeba, who returns to Skoda Auto in the Czech Republic. Gupta brings over 20 years of industry experience, including more than a decade with the Volkswagen Group, and is set to focus on brand growth, customer engagement, and network expansion for Skoda in the Nitin Kohli, currently heading Sales and Operations at Audi India, has been appointed as the new Brand Director of Volkswagen Passenger Cars. With 25 years of experience in automotive sales, and over 12 years with the company, Kohli is expected to drive Volkswagen's next phase of growth in the Indian market. The leadership transition underscores SAVWIPL's emphasis on localisation and nurturing homegrown talent to lead global brands in India. Commenting on the appointments, Piyush Arora, CEO & MD of SAVWIPL, said the changes reinforce the company's commitment to building agile, market-aligned leadership from within India. 'Empowering strong Indian leaders remains a core element of our growth strategy,' he Bures, Board Member and Executive Director for Sales, Marketing & Digital, also praised the appointments, noting that both Gupta and Kohli have consistently demonstrated agility and customer-focused transition marks a broader push by Skoda Auto Volkswagen India to strengthen its market responsiveness through local leadership, drive cross-brand synergies, and support long-term transformation to Auto Today Magazine
The Independent
13-02-2025
- Automotive
- The Independent
Deals and wheels: Aguero to become Porsche Formula E driver, Volvo's EX30 gets chunky Cross Country version and Volkswagen previews compact EV
:: Volkswagen previews upcoming entry-level electric model Volkswagen has teased a look at its upcoming compact electric vehicle due to be fully unveiled at the beginning of March. Ahead of a production-ready model premiering in 2027, this early look showcases a compact car that will sit at the smaller end of the current Volkswagen range. In a social media clip, both the Lupo and Up! – two of Volkswagen's previous most-compact models – are shown preceding the arrival of the brand-new car. Volkswagen is targeting an entry price of €20,000 – around £16,650 – for the new model, which is predicted to only be offered with an electric powertrain, rather than with a petrol or hybrid alternative. Thomas Schäfer, CEO of the Volkswagen Passenger Cars brand, said that the new model would be 'an affordable, high-quality, profitable electric Volkswagen from Europe for Europe. This is the Champions League of automobile manufacturing.' The new model will be one of a number of compact models coming from Volkswagen, with the new-range process kicking off with the production version of the ID.2all prototype vehicle, which is expected to reach dealerships in 2026. Like this new concept, the production ID.2all is targeting a low cost with Volkswagen stating a price of under €25,000, or around £20,819. It's due to be based on the same MEB modular electric platform that has been used on other ID models, such as the ID.3 and electric van. Schäfer also made a fresh commitment to Volkswagen's Wolfsburg plant, stating that it would remain core to the German manufacturer's processes. He said: 'The Wolfsburg plant has a clear perspective for the future. 'The agreed relocation of the Golf to Mexico will free up space for advanced technologies. In Hall 54, new production procedures will be introduced. We intend to produce the electric Golf successor on the new SSP platform there, as well as the high-volume electric T-Roc. This way, we will be making Wolfsburg the capital of our new all-electric compact class.' :: Volvo's EX30 gets rugged Cross Country version Volvo has expanded its current EX30 line-up with the introduction of a new Cross Country version. Following in the footsteps of cars like the V60 and V90 Cross Country, the EX30 Cross Country is a more rugged take on Volvo's smallest electric SUV. Like the models before it, the main points of difference between the EX30 Cross Country and the standard car include a boost in ride height to help it navigate larger obstacles, as well as bigger wheels which can be equipped with an all-terrain tyre as an option. The EX30 Cross Country also benefits from chunky front and rear skidplates and wheel arch extensions that help to give the car a more go-anywhere appeal. Volvo says that owners can also choose from a wide-spanning range of extras, including a roof basket and mudflaps. Inside, the Cross Country features much the same layout as the standard EX30, with a screen-centric design. The main infotainment system uses Android Automotive software, too, meaning that many Google-based services – such as Maps – come pre-loaded and can be used without the need to connect a smartphone. To help boost traction, the EX30 Cross Country uses a dual electric motor setup bringing all-wheel-drive in the process. Volvo says that the EX30 should manage up to 265 miles between charges, while a 10 to 80 per cent top-up could be achieved in 26 minutes when hooked up to a suitably rapid charger. Volvo has yet to announce full pricing and specifications for the EX30 Cross Country with further details released 'in due course'. :: Former professional footballer Sergio Aguero to become Porsche racing driver Former professional footballer Sergio Aguero has swapped the football pitch for the race track with Porsche's Formula E racing team. The ex-Manchester City star from Argentina will make a one-off appearance at the Formula E Grand Prix in Miami from March 5 to March 6. Appearing as part of an 'Evo Sessions' content series, Aguero will be one of a number of celebrities that will get behind the wheel of Formula E vehicles this season. Other stars include Brooklyn Peltz Beckham and Lucien Laviscount. Aguero will be driving a Porsche 99X Electric, and will be given training from the firm's e-sports works team while being supported by Formula E world champion, Pascal Wehrlein. Aguero, said: 'This is absolutely crazy: from footballer to racing driver in one of the fastest racing cars in the world. Every child is familiar with Porsche. The brand represents an iconic heritage, particularly in motorsport. With this in mind, I am absolutely delighted and would like to thank everyone involved for this opportunity. I want to learn as much as possible on my journey to Miami, and to represent the team as well as possible when we get there.' The car that Aguero will be driving can do 0-60mph in under two seconds and features special software which independently adjusts its brake energy recuperation settings for every corner of the race track. Florian Modlinger, director of factory motorsport of Formula E at Porsche, said: 'The 99X Electric is one of the best Formula racing cars in the world. To drive it demands a lot of respect and meticulous preparation.' Before getting behind the wheel, Aguero will be undergoing racetrack training in Porsche's road-going sports cars before entering the Formula E race in Miami next month.
