It’s believed that the Volkswagen Group paid around $5.58 billion to obtain the remaining company shares of Porsche in 2012, after already purchasing a 49.9% stake in 2009. Porsche had, in fact, attempted to buy a controlling stake in Volkswagen in 2008 but failed in their attempts.
Category: Did you know
It’s believed that the Volkswagen Group paid around $5.58 billion to obtain the remaining company shares of Porsche in 2012, after already purchasing a 49.9% stake in 2009. Porsche had, in fact, attempted to buy a controlling stake in Volkswagen in 2008 but failed in their attempts.
The 1960s were where the times really began to change for the Volkswagen Group. First of all, there was a name change due to the floatation of the company on the German stock market. They would now be known as Volkswagenwerk Aktiengesellschaft going forward, often abbreviated to Volkswagenwerk AG. A few years later, the 1st […]
This is because they will be over cautious in the outset. It’s estimated that the delays will start to subside when 50-70% of vehicles on the UK’s roads are driverless.
There are around half a dozen parts in an electric motor. This means that electric car engines are a lot easier to do work on. Parts are easier to replace, and they don’t wear out as fast.
This won’t all come from car sales though. Self-driving taxi services will make a lot of revenue. The latter will be big business for the autonomous automotive industry.
Tesla, who are experts in the electric car field, has already released a video of people riding around in a car in autopilot mode. They’re aiming to have a fully autonomous car on the road by 2018.
Driverless cars should actually be safer for passengers and dramatically reduce the number of accidents and the chance of them occurring. This is because it is estimated that over 90% of the current accidents that take place are caused by human error. Driverless cars will be electronically controlled and not require human input.
In the future, the aim is for driverless vehicles to include none of these components, but at the beginning, there may still be an option for a human to drive the car, as well as the vehicle driving itself.
The side overseen by Audi would focus on sporty ventures and included Lamborghini and SEAT. The other side, managed by Volkswagen, included the likes of Bentley, Skoda and Bugatti. They would concentrate on more traditional values.