Volkswagen Investing More In Eco-Friendly Vehicles

Monday, March 03, 2014

Volkswagen Group officials said they are investing more than ever before in eco-friendly vehicles.

Last year, Group research and development expenditure rose by 15 percent to the record value of €10.2 billion. “The lion’s share is going to ?green' technologies,” Prof. Dr. Martin Winterkorn, chairman of the Board of Management of Volkswagen Aktiengesellschaft, said before the opening of the Geneva Motor Show. He said that the Group was reinforcing its objective to become the world’s leading automaker, also in ecological terms, by 2018.

Mr. Winterkorn added: “Volkswagen doesn’t just talk – we also act. Last year, CO2 emissions by our EU new vehicle fleet averaged 128 grams/km. That means we are already well under the statutory threshold set for 2015.” He said there had also been considerable progress in production: “We are taking great strides towards our goal of making our factories 25 percent more eco-friendly. Specifically, we aim to reduce energy and water consumption, as well as CO2 emissions, by 25 percent by 2018. Thanks to the creativity and dedication of our employees, we are already halfway to achieving this goal. The Dow Jones Sustainability Index also provides convincing proof that we set the ecological standards. The world’s most important sustainability ranking listed Volkswagen in first place in 2013.”

Customers can currently choose between 54 model variants from Volkswagen Group brands that emit less than 100 grams CO2/km. 324 model variants are below 120 grams. Mr. Winterkorn said, “The Volkswagen Group offers the world’s largest low-CO2 fleet to have already taken to the road.” The range includes 3-liter cars such as the Golf TDI BlueMotion1 or the Audi A3 TDI ultra2 as well as “3-euro cars" such as the eco up!3, which can travel 100 kilometers for about three euros. He said that the plug-in hybrids Golf GTE4 and Audi A3 Sportback e-tron5 were now being added to the “widest range of electric vehicles” – from the e-up!6 to the Porsche Panamera S E-Hybrid7. Winterkorn: “Further high-efficiency models such as the Audi A8, A6 and Q7 or the plug-in hybrid version of the Volkswagen Passat are to follow soon. Because this technology has a future.“

He said the Group’s modular strategy in production means that it will be possible to electrify more than 40 models over the next few years. Mr. Winterkorn said, “Our modular toolkits place us in a position to develop and build our cars faster, more flexibly and more economically than in the past. We can offer even greater variety – as well as producing niche models in a profitable way. Our toolkits also mean that we can offer all our innovations and powertrains in all segments and markets within a very short space of time.”

Mr. Winterkorn said Volkswagen would consistently expand its sustainability program. “We are not satisfied with just making eco-friendly cars at eco-friendly plants. We conceive and shape mobility in holistic terms. From power generation, through development, production, sale and operation to the recycling stage. With an environmental strategy that is firmly anchored and measurable with respect to all the brands and regions of the Volkswagen Group.”


Decosimo Welcomes Chaimowitz, Decker, Miller, Pickard, Shipley And Shipp

Decosimo, a Top 100 regional public accounting and advisory firm, welcomed Eric Chaimowitz, Joey Decker, Steve Miller, John Pickard, Nick Shipley and John Shipp to serve in manager and supervisor positions within the firm’s regional network of offices. John Shipp, assurance manager, Chattanooga Mr. Shipp specializes in performing audit and other assurance services for clients ... (click for more)

Study Shows 60 Percent Of Low-Income Tennesseans Face Civil Legal Problems

A study commissioned by the Tennessee Supreme Court Access to Justice Commission and the Tennessee Alliance for Legal Services with the support of the Tennessee Bar Association has found that more than 60 percent of vulnerable Tennesseans face a significant civil legal need. The goal of the study was to examine the effectiveness of delivering legal assistance to those in need. ... (click for more)

Kiser Takes Witness Stand For First Time; Says He Did Not Kill Deputy Donald Bond

Marlon Duane Kiser took the witness stand at his post-conviction hearing on Tuesday to declare that he did not kill Deputy Donald Bond, who was gunned down at a produce stand in East Brainerd 13 years ago. Kiser had not opted to go on the stand when he was convicted by a Nashville jury and given the death penalty in 2003. He said he believes it was Mike Chattin, the man he ... (click for more)

Courtney Godwin, 25, Was Victim In Monday Night Fire In Hixson

Chattanooga firefighters battled a fully-involved structure fire in Hixson Monday night, and the incident involved at least one fatality.  Dr. Steve Cogswell with the Hamilton County Medical Examiner’s Office identified the victim as Courtney D. Godwin, 25. Dr. Cogswell said Ms. Godwin died from smoke inhalation.   The first call to 911 Communications was received ... (click for more)

Chattanooga State Faculty Has No Business Being Involved In Hiring Decisions

This letter will hopefully bring some clarity to the recent situation created by the faculty of Chattanooga State Community College. It is based upon my tenure as a member of the faculty at Chattanooga State Technical Institute, the transformation to Chattanooga State Community College, and my service as the financial and administrative officer at Chattanooga State until my retirement ... (click for more)

Roy Exum: A Grand Thanksgiving Feast

I’m not really sure how it all came about but a few days before Thanksgiving last year, what was usually a crowded table had dwindled down to just Mother, Aunt Martha and me. Just the idea of getting dressed up made both of them tired, which happens when you are 89 and 87, respectively, and the thought of preparing the traditional feast brought only further groans so I announced ... (click for more)