Volkswagen Group's planning round commits to investments for the future
The Volkswagen Group has today laid a key foundation for the future direction of the Group, this underpinning its strategic goals until 2025. In order to further enhance its powerful innovation and technology resources, the Group will invest billions of euros in electric mobility, autonomous driving, new mobility services and digitalization over the coming years. According to the outcome of the Group's planning round for 2018 to 2022, which the Supervisory Board of Volkswagen Aktiengesellschaft discussed at its meeting today, expenditure totalling more than EUR 34 billion are to be made in these future technologies by the end of 2022. Most of this will go into the electrification and hybridization of all Group models. This marks another significant step up in Volkswagen's commitment to this environment-friendly drive technology and a move to advance the Roadmap E electrification offensive at full speed. When the offensive was announced in September, the Group said it would electrify its entire model portfolio by 2030.
Volkswagen Group and Google work together on quantum computers
09/11/2017At the technology conference "Web Summit 2017" (Lisbon), the Volkswagen Group and Google today announced comprehensive research cooperation in the field of quantum computing. The two companies will explore the utilization of quantum computers together, with aims to build up specialist knowledge and to carry out practically oriented research. As part of this collaboration, a team of specialists from Volkswagen and Google will work together using a Google quantum computer. Quantum computers can solve certain highly complex tasks considerably faster than conventional supercomputers. In some cases, a solution will only be possible with quantum computers.
Volkswagen Group Italia launches: VGI Welcare
19/10/2017Volkswagen Group Italia, subsidiary of the German car maker introduces a broad welfare program, named VGI Welcare, aiming to support the employees in balancing their professional and family needs. For the first time they are given the opportunity – on a voluntary basis – to totally or partly transform the productivity bonus in a wide range of goods or services without any fiscal charge. Also their spouse, children, parents, parents-in-law, sons- and daughters-in-law, brothers and sisters can benefit from it, even if they are not dependent or cohabitant. VGI Welcare has three fields of application: education and assistance, health and social services, culture and entertainment.The extension of the healthcare policy to the household is a further innovation introduced in 2017.
"Artificial intelligence is becoming a key competitive factor"
25/09/2017How do people think? On what basis do they take decisions? And how can artificial intelligence help them in the future? These questions are being pursued by an international expert team at the Volkswagen Information Technology Center Munich (Data Lab). The team includes IT experts, robotics specialists, data scientists, programmers, physicists and mathematicians, all working hand in hand.
Volkswagen Group receives all approvals from German Federal Motor Transport Authority (KBA) for modifications of TDI engines
21/12/2016All necessary official approvals within the remit of the German Federal Motor Transport Authority (KBA) have now been issued for the modification of diesel vehicles with type EA189 engines.
Volkswagen Group Italia: action plan for Diesel EU5 Type EA189 engines
07/10/2015The web-process which allows the Customers to check whether their vehicle will be involved in the service action to correct the nitrogen oxides (NOx) emissions characteristics on EU5 Type EA 189 Diesel engines or not, has been released.
Matthias Müller appointed CEO of the Volkswagen Group
25/09/2015Volkswagen Group Matthias Müller appointed CEO of the Volkswagen Group Matthias Müller (62) has been appointed CEO of Volkswagen AG with immediate effect.