Volkswagen said on Tuesday it will launch 70 new electric models by 2028.
Volkswagen on Tuesday said it will launch 70 new electric models by 2028, accelerating its roll out of zero-emission cars as earnings revealed the operating margin at its core brand had taken a hit from new emissions tests.
The profit margin at its core VW brand slipped to 3.8 percent last year, down from 4.2 percent, as higher investments into electric cars and challenges getting combustion-engined vehicles certified ate into profits, VW said. Volkswagen released full earnings on Tuesday after pre-releasing earnings in February, when it said its 2018 group operating profit came in at 13.92 billion euros , 0.7 percent higher than the prior year and below 14.53 billion euros forecast in a poll.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Next 5 to 10 years could be 'really tough' for our competitors, VW chief saysThe transition towards the electrification of vehicles is a challenge for car industry and whoever manages it best will succeed, the CEO of German automaker Volkswagen Group told CNBC Tuesday.
Lire la suite »
VW might really sell this electric beach buggyVolkswagen's ID Buggy concept represents a way for VW to keep some fun in its electric vehicle lineup.
Lire la suite »
The VW dune buggy is back but this time it's all-electricThe nod to 1960s sun-kissed nostalgia was unveiled at the Geneva International Motor Show.
Lire la suite »
25 hot cars at the 2019 Geneva Motor ShowGeneva has the latest from Aston Martin, Audi, Mercedes-Benz, Ferrari, Lamborghini, Polestar, VW, Subaru, Honda, Toyota, Nissan, and Mazda.
Lire la suite »
A new $2 million all-electric 'hypercar' accelerates faster than an F-16 jetThe Pininfarina Battista has ten times the power of a 5-series BMW.
Lire la suite »
The VW dune buggy is back but this time it's all-electricThe nod to 1960s sun-kissed nostalgia was unveiled at the Geneva International Motor Show.
Lire la suite »
VW might really sell this electric beach buggyVolkswagen's ID Buggy concept represents a way for VW to keep some fun in its electric vehicle lineup.
Lire la suite »
Investor pushes L Brands to spin off Victoria's SecretActivist investor Barington Capital on Tuesday urged L Brands to separate its Vi...
Lire la suite »
Costco beats profit estimates as margin pressures ease, shares riseCostco Wholesale Corp whizzed past analysts' estimates for quarterly profit...
Lire la suite »