Skoda’s record sales and profits hide headwinds for the automaker that is now one of the most successful brands in Volkswagen Group’s sprawling empire. Skoda faces the challenges of balancing its aggressive growth plans with the increasingly strident pay demands of workers in its two overstretched factories in its Czech home country.
VW has packed its new Touareg with the latest high-tech equipment available, making the SUV the brand’s most advanced model to date. The goal is to lure premium buyers away from rivals such as the BMW X5.
Continental’s top tech executive, Kurt Lehmann, tells us why making vehicles part of the Internet of Things is one of the biggest challenges that he faces. He also shares his views on how cars could benefit from artificial intelligence.
Hyundai sees Europe as a key market for its Nexo fuel cell car because the region has more advanced plans than other global markets to expand its refueling infrastructure. The Nexo offers a range that is 200 km more than its predecessor, the fuel cell version of the Tucson/iX35 SUV. Find out more details on the Nexo.
BMW Group head of digital services Dieter May explains why the automaker is proceeding cautiously with over the air updates to the software in its vehicles.
The future of transportation may be electric, but Schaeffler, the German supplier that built its business around bearings, thinks the internal combustion engine still has plenty of life in it.
The prospect of Renault and Nissan consolidating their alliance with a full merger boosted the shareholder value of the French automaker by double digits in the first quarter. Another automotive company to record a big gain was parts supplier GKN following its failure to fight off an 8.1 billion pound (9 billion euro) hostile takeover bid. The latest Automotive News Europe/Pricewaterhouse Coopers Transaction Services Shareholder Value Indices show which other companies rose and fell during the period.
In our Final Word column, we look at whether new VW Group CEO Herbert Diess is making the right choice by deciding to remain as VW brand boss, which is something his immediate predecessor opted not to do.
Enjoy the issue!
Luca Ciferri, Associate Publisher and Editor