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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

Green Car Congress

At the Geneva Motor Show and now at the IT trade fair CeBIT in Hanover, Germany, Volkswagen Group executive management has begun to outline its “Future Tracks” program which will address, among other things, what Chairman of the Board of Management Prof. Dr. Martin Winterkorn calls an approaching new era of digitalization.

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thyssenkrupp System Engineering business unit to be split into two independent companies; powertrain and battery unit to be sold or find partners

Green Car Congress

In the coming months the current System Engineering business unit will be split commercially, operationally and legally into two independent business units. We don’t expect output figures in the auto industry to return to pre-crisis levels for at least two to three years.

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Google’s technology campaign for autonomous driving

Green Car Congress

Search engine giant Google is looking for partners within in the auto industry to help launch one of the most significant applications of artificial technology over the next several years, the self-driving car. Google believes that a future state with having computers drive cars can “ remove a gigantic chunk ” of the US fatalities.

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Tesla’s Autopilot probe worries Morgan Stanley with ‘reputational risks’

Teslarati

In the initial years of autonomous driving development, nearly any instance of a vehicle being involved in an accident has increased skepticism over the potential of future self-driving cars. “The regulatory, legal, and moral/ethical nuances are difficult, if not impossible, to model.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Further, the government may be suffering from the early stages of bailout fatigue. Laura Marcero.

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Geely acquiring flying car startup Terrafugia

Green Car Congress

Terrafugia will also benefit from the Geely Group’s significant expertise and track record of innovation within the global auto industry. Terrafugia’s vision for the future is the TF-X. Two propellers powered by all-electric motor pods on either side of the vehicle will be used for VTOL operations. The Transition.

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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

Green Car Congress

Dr. Martin Winterkorn, CEO of Volkswagen AG, on the eve of the Auto China motor show in Beijing. Here in China, we are now setting out on the road to a future of emission-free mobility. China will be an integral part of the Group’s “Future Tracks” initiative, which addresses the nascent digitalization era in the auto industry.

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