Wolfsburg

Martinrea International Inc. Completes Purchase of Structural Components for Passenger Cars Division of Metalsa S.A. de C.V.

Retrieved on: 
Monday, March 2, 2020
States of Germany, Automotive industry, Volkswagen Group, Cars, Volkswagen, Wolfsburg, Martinrea, BMW, Audi

The purchase price for the transaction, subject to certain adjustments post-closing, was USD $19.5 million in cash, inclusive of working capital and on a debt free basis.

Key Points: 
  • The purchase price for the transaction, subject to certain adjustments post-closing, was USD $19.5 million in cash, inclusive of working capital and on a debt free basis.
  • The largest customers of the business are Daimler, BMW, Volkswagen and Audi.
  • Pat DEramo, President and CEO of Martinrea stated: We are very pleased to announce the closing of the acquisition.
  • These factors should be considered carefully, and readers should not place undue reliance on the Companys forward-looking statements.

LOMIKO METALS TALKS TESLA, BATTERIES, GRAPHITE AND THE DECADE OF THE ELECTRIC VEHICLE REVOLUTION AT PDAC BOOTH IE2547

Retrieved on: 
Tuesday, February 25, 2020
States of Germany, Volkswagen Group, Automotive industry, Cars, Volkswagen, Wolfsburg, Audi, Ford Motor Company

Lomiko will be at booth #2547 in the Investors Exchange portion of the Conference.

Key Points: 
  • Lomiko will be at booth #2547 in the Investors Exchange portion of the Conference.
  • Lomiko is focused on developing graphite materials supply for the green economy.
  • The Plan is aimed to secure a North American supply chain for the critical minerals needed for manufacturing sectors,communication technology, aerospace anddefense, and clean technology.
  • However, it is clear that those fears have been alleviated and with the onset of new electric vehicles from Ford, GM, BMW, Audi, Volkswagen, and others.

21st Annual Toronto Automotive Technology Competition Signals Bright Future for Canada's Auto Sector

Retrieved on: 
Wednesday, February 12, 2020
Volkswagen Group, Volkswagen, Wolfsburg, ONTARIO, Automotive industry, Motor vehicles

TORONTO, Feb. 12, 2020 /CNW/ - Today, automotive technology students from across Ontario competed in the 21st annual Toronto Automotive Technology Competition where they put their auto skills to the ultimate test.

Key Points: 
  • TORONTO, Feb. 12, 2020 /CNW/ - Today, automotive technology students from across Ontario competed in the 21st annual Toronto Automotive Technology Competition where they put their auto skills to the ultimate test.
  • The winning team will represent its school and TADA, at the prestigious National Automotive Technology Competition in New York City this April.
  • "Ontario's auto industry would greatly benefit from having these young people consider joining our sector when they are done with their studies."
  • "Volkswagen is proud to sponsor the Toronto Automotive Technology Competition and support an event that inspires young people to work in the auto industry long-term," Tetzlaff said.

DealerSocket’s CRM Selected by Volkswagen Credit and Audi Financial Services for Integration with Maturity Manager

Retrieved on: 
Monday, February 10, 2020
Technology, Automotive, General Automotive, Marketing, Communications, Specialty, Software, Retail, Data management, Business, Marketing, Volkswagen Group, Cloud applications, Cloud computing, ERP software, Volkswagen, Wolfsburg, Customer relationship management, eCRM

View the full release here: https://www.businesswire.com/news/home/20200210005060/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200210005060/en/
    DealerSocket's CRM and Maturity Manager are now integrated.
  • This integration, which no other automotive CRM provides, means Volkswagen and Audi dealers simply log into DealerSockets CRM to access Maturity Manager, said Darren Harris, executive vice president and general manager of retail solutions at DealerSocket.
  • The new functionality enables Audi and Volkswagen dealers to centralize further day-to-day operations within DealerSockets CRM, which provides end-to-end sales, marketing, communications, service, data mining, and retail management capabilities.
  • This functionality is just the beginning, as additional innovations between DealerSockets CRM and VW Credit, Inc. are already in the works.

Volkswagen utility vehicles available in Tampa Bay, Florida, area

Retrieved on: 
Friday, December 20, 2019
Motor vehicles, Automotive industry, Cars, Volkswagen Group, Volkswagen, Wolfsburg, Sport utility vehicle, Crossover, Volkswagen Taigun

Residents of the area that are in the market for a crossover utility vehicle and who might be interested in a Volkswagen model can find informative research that details the brand's two SUVs.

Key Points: 
  • Residents of the area that are in the market for a crossover utility vehicle and who might be interested in a Volkswagen model can find informative research that details the brand's two SUVs.
  • On one hand, shoppers can read about the 2020 Volkswagen Tiguan , which has been around for several years.
  • The compact utility vehicle, available as either a two- or three-row crossover, offers plenty of space and great content throughout its cabin and exterior.
  • Volkswagen of New Port Richey is located at 4727 US Highway 19 in New Port Richey, Florida.

Elgin Volkswagen hosts December Sign then Drive Event until Jan. 2

Retrieved on: 
Wednesday, December 11, 2019
Cars, Motor vehicles, Volkswagen Group, Sedans, Compact cars, Station wagons, Volkswagen, Wolfsburg, Volkswagen Group of America, Volkswagen Beetle

The dealership, which serves Elgin and the surrounding area, is currently hosting a Volkswagen Sign then Drive Event.

Key Points: 
  • The dealership, which serves Elgin and the surrounding area, is currently hosting a Volkswagen Sign then Drive Event.
  • The event entails a multitude of VW vehicles being offered at special 39-month lease rates, with no money due at signing.
  • Offers included in the Sign then Drive Event at Elgin Volkswagen apply to specific iterations of a variety of Volkswagen models.
  • Volkswagen models on offer for the Sign then Drive Event include:

Herman Cook Volkswagen Hosts 2019 San Diego Vintage VW Christmas Cruise

Retrieved on: 
Wednesday, December 11, 2019
Motor vehicles, Cars, Volkswagen Group, Volkswagen, Wolfsburg, Automotive industry, Compact cars, Minivans, Vans

ENCINITAS, Calif., Dec. 10, 2019 /PRNewswire-PRWeb/ -- Herman Cook Volkswagen of Encinitas, California, hosted the 2019 San Diego Vintage VW Christmas Cruise on Saturday, December 7, 2019, serving once again as the kick-off point for an event that featured around 40 Air Cooled Volkswagen models and over 250 donations for Toys for Tots.

Key Points: 
  • ENCINITAS, Calif., Dec. 10, 2019 /PRNewswire-PRWeb/ -- Herman Cook Volkswagen of Encinitas, California, hosted the 2019 San Diego Vintage VW Christmas Cruise on Saturday, December 7, 2019, serving once again as the kick-off point for an event that featured around 40 Air Cooled Volkswagen models and over 250 donations for Toys for Tots.
  • This year, the event welcomed over 100 people including Herman Cook VW owner Dennis Cook, his staff and members of the San Diego Air Cooled VW Club led by Lee Hedges and around 40 classic Volkswagen models.
  • More information on the 2019 San Diego Vintage VW Christmas Cruise, including pictures of the classic VW models that took part, can be found in a blog post on the dealership's website .
  • More information on the San Diego Air Cooled VW Club can be found by visiting the group's Facebook page .

VfL Wolfsburg Names Mitel as Official Unified Communications Supplier

Retrieved on: 
Tuesday, November 26, 2019
Soccer, Sports, Technology, Telecommunications, Mobile, Wireless, Networks, Internet, Telecommunications, Wesley Clover, Mitel, Teleconferencing, Videotelephony, Unified communications, VfL Wolfsburg, Wolfsburg

Mitel, a global leader in business communications, today announced a partnership with VfL Wolfsburg a German professional football club to become the clubs Official Unified Communications Supplier.

Key Points: 
  • Mitel, a global leader in business communications, today announced a partnership with VfL Wolfsburg a German professional football club to become the clubs Official Unified Communications Supplier.
  • We are delighted to welcome Mitel as our Official Unified Communications Supplier, said Michael Meeske, Managing Director at VfL Wolfsburg.
  • An effective, modern communications and collaboration strategy has become a key ingredient in the ongoing success of high-performing clubs like VfL Wolfsburg, said Manuel Ferre Hernandez, Mitel Germany Managing Director.
  • Mitel ranks as the leading supplier of business communications systems in EMEA (source: MZA FY 2018)
    Over 30 professional sports organizations, including Liverpool FC, Tottenham Hotspur and Major League Baseball, trust Mitel to power their communications and collaboration needs.

Prevent Group Accuses Volkswagen of Anticompetitive Behavior in New Lawsuit

Retrieved on: 
Monday, November 18, 2019
Volkswagen Group, Automotive industry, Economy of Germany, Volkswagen, Wolfsburg, Boies Schiller Flexner LLP

DETROIT, Nov. 18, 2019 /PRNewswire/ --The Prevent Group, an automotive parts supplier, filed suit today against Volkswagen AG and Volkswagen Group of America, Inc. ("Volkswagen") alleging violations of federal antitrust laws, civil conspiracy, and tortious interference.

Key Points: 
  • DETROIT, Nov. 18, 2019 /PRNewswire/ --The Prevent Group, an automotive parts supplier, filed suit today against Volkswagen AG and Volkswagen Group of America, Inc. ("Volkswagen") alleging violations of federal antitrust laws, civil conspiracy, and tortious interference.
  • Prevent, represented by litigation powerhouse Boies Schiller Flexner LLP, alleges that Volkswagen used anticompetitive tactics to stop larger suppliers like Prevent from acquiring smaller auto parts suppliers in the U.S., including at least seven based in Michigan.
  • When Prevent acquired a company called Car Trim that had been a supplier of parts for Volkswagen vehicles, this was the "last straw" for Volkswagen, the complaint alleges.
  • Prevent Group, a privately held global network of companies engaged in supplying automotive component parts, was a direct target of this anticompetitive campaign.

Prevent Group Accuses Volkswagen of Anticompetitive Behavior in New Lawsuit

Retrieved on: 
Monday, November 18, 2019
Volkswagen Group, Automotive industry, Economy of Germany, Volkswagen, Wolfsburg, Boies Schiller Flexner LLP

DETROIT, Nov. 18, 2019 /PRNewswire/ --The Prevent Group, an automotive parts supplier, filed suit today against Volkswagen AG and Volkswagen Group of America, Inc. ("Volkswagen") alleging violations of federal antitrust laws, civil conspiracy, and tortious interference.

Key Points: 
  • DETROIT, Nov. 18, 2019 /PRNewswire/ --The Prevent Group, an automotive parts supplier, filed suit today against Volkswagen AG and Volkswagen Group of America, Inc. ("Volkswagen") alleging violations of federal antitrust laws, civil conspiracy, and tortious interference.
  • Prevent, represented by litigation powerhouse Boies Schiller Flexner LLP, alleges that Volkswagen used anticompetitive tactics to stop larger suppliers like Prevent from acquiring smaller auto parts suppliers in the U.S., including at least seven based in Michigan.
  • When Prevent acquired a company called Car Trim that had been a supplier of parts for Volkswagen vehicles, this was the "last straw" for Volkswagen, the complaint alleges.
  • Prevent Group, a privately held global network of companies engaged in supplying automotive component parts, was a direct target of this anticompetitive campaign.