Volkswagen loses 23B Euros due to emissions scandal

Volkswagen reportedly lost about 23 billion euros of market value due to the recent scandal about the company cheating an emissions test of their diesel engines.

Image: theatlantic.com
Image: theatlantic.com

For those that are still unfamiliar, there was a recent case that some diesel cars being sold in America had been installed with devices that could detect when they were being tested, changing the performance to give off lower emissions in order to improve results. The Environmental Protection Agency (EPA) backs this up, and the German car giant itself already came clean and admitted that about 11 million cars worldwide are fitted with these performance-altering devices.

The company is currently under close observation with investors and VW owners questioning the integrity of the auto industry as a whole and contemplating on demanding compensation for being misled.

“If we can with some certainty establish that we, as investors, were misled by the company, and that has affected our returns, then I cannot rule out that we would seek compensation from the company,” one of Volkswagen’s top investors in Europe told Reuters.

As of the moment, the costs were estimated to be around 23 billion euros ($25.7B) due to fines and recalling said vehicles — with the case still far from over.

{Sources 1, 2, 3}

The post Volkswagen loses 23B Euros due to emissions scandal appeared first on YugaTech | Philippines News & Tech Reviews.

Volkswagen loses 23B Euros due to emissions scandal

Volkswagen reportedly lost about 23 billion euros of market value due to the recent scandal about the company cheating an emissions test of their diesel engines.

Image: theatlantic.com
Image: theatlantic.com

For those that are still unfamiliar, there was a recent case that some diesel cars being sold in America had been installed with devices that could detect when they were being tested, changing the performance to give off lower emissions in order to improve results. The Environmental Protection Agency (EPA) backs this up, and the German car giant itself already came clean and admitted that about 11 million cars worldwide are fitted with these performance-altering devices.

The company is currently under close observation with investors and VW owners questioning the integrity of the auto industry as a whole and contemplating on demanding compensation for being misled.

“If we can with some certainty establish that we, as investors, were misled by the company, and that has affected our returns, then I cannot rule out that we would seek compensation from the company,” one of Volkswagen’s top investors in Europe told Reuters.

As of the moment, the costs were estimated to be around 23 billion euros ($25.7B) due to fines and recalling said vehicles — with the case still far from over.

{Sources 1, 2, 3}

The post Volkswagen loses 23B Euros due to emissions scandal appeared first on YugaTech | Philippines News & Tech Reviews.

Volkswagen Philippines launches much-anticipated Golf GTI

The Volkswagen Golf, produced in Germany since 1974 and marketed across seven generations, has been the recipient of several awards globally, which include the 2013 European Car of the Year for the second time (first recognition received was in 1992), 2013 World Car of the Year, 2013-2014 Car of the Year Japan (the first imported car to win the award), among others.

The GTI line was first introduced in 1976 on the 1st generation Golf. With its unmatched success, it popularized the GTI name and made it synonymous with the Golf GTI brand. Now on its 7th generation, the GTI is the ultimate sportsman within the VW sports car family. It combines technological leadership and uncompromised performance making it a sustainable sports car. The GTI is the sports car with true “style and performance”, because it is THE GTI.

And after the successful introduction of the Polo Hatchback on February 16, VW Philippines continues to create landmarks with the launch of the Golf GTI-a car that perfectly embodies the confidence of a true leader.

The Golf GTI is equipped with a 2.0 turbocharged stratified injection engine with maximum output of 220 Ps at 4,500-6,200 rpm and a maximum torque of 350 Nm at 1,500-4,400 rpm; a 6-speed dual shift gear transmission; and, sports suspension.

Electronic Stability Program (ESP), Anti-Slip Regulation (ASR), Electronic Differential Lock (EDL) with XDS plus technology, engine drag torque control (MSR), electronic parking brake with auto hold, rear assist rear view camera with 8-channel park distance control, driver alert system, airbags (driver, passenger, driver knee, front side and curtain) are some of the safety features of the Golf GTI.

On the exterior, the Golf GTI comes with the GTI package of 18-inch Austin alloy wheels, bumpers, grille, tail lamps, spoiler, and, dual tailpipes; Bi-Xenon headlamps with daytime running lights (DRL); and, dynamic headlamp control. Inside, it is also stocked with GTI premium sport seats with “Clark” material, GTI steering wheel with paddle shifts; GTI shift knob, stainless steel pedals, scuff plates, and trim; keyless-go entry/exit with push start; interior ambient lighting; and, a climatronic 2-zone air-conditioning system.

“The Golf GTI is indeed the sports car with true “style and performance,” because it is THE GTI. It is the perfect car for performance seekers looking for fun and excitement,” said John Philip Orbeta, president and Chief Executive Officer of VW Philippines.

The Golf GTI is priced at P2,290,000 and available in five colors: Oryx White Pearl, Tornado Red, Night Blue, Limestone Grey, and Deep Black Pearl.

Volkswagen Introduces Advanced Gesture Control

Golf R Touch

Volkswagen, Europe’s most successful car brand, has been instrumental in driving the development of more connected, more intelligent vehicles. That is because the car—which operates intuitively, is networked systematically, reacts intelligently and offers significantly greater convenience. This gives new innovative impetus to mobile life, making it more communicative, safer and interesting. This is why Volkswagen is demonstrating an entire fleet of vehicles at the 2015 Consumer Electronics Show (CES) in Las Vegas to show just how much the car and computer are already intertwined today and will continue to grow together in the future. The main focus at the show is on four aspects: computer-controlled drive systems; app and smartphone integration; intuitive vehicle operation; and autonomous and semi-autonomous driving.

“The two inventions of the century, the car and the computer, are gradually coming closer together. We need to design future mobility to be even more intelligent and even more networked,” said Prof. Dr. Martin Winterkorn, CEO of Volkswagen AG.

Computer-controlled drive systems

Electric mobility is coming into its own. Full electric and hybrid versions of high-volume models have now arrived, and Volkswagen is setting the pace with best-sellers like the Golf. The e-Golf and Golf GTE are the protagonists of a new mobility. These cars would be inconceivable without on-board electronics with computers that control such functions as battery charging and, in the case of the hybrid models, switching between the different drive sources. At CES, Volkswagen is showing, among other things, how electric cars will be able to automatically dock to inductive charging stations and output signals that indicate the battery state-of-charge using the vehicle’s exterior lights.

App and smartphone integration

It has now been eight years, to the month, since Apple introduced its first generation iPhone in San Francisco. Smartphones have irreversibly changed our everyday lives, from the ways we communicate to how we access information. It has long been normal practice to have phones automatically connected to a car’s hands-free telephone system via Bluetooth and to have smartphones stream media libraries into car infotainment and sound systems. But now, Volkswagen is taking a significant step forward.

Later this year, VW will introduce the second generation “modular infotainment platform” (MIB II) in the United States. Along with the new infotainment system, MirrorLink will also be made available for the first time, integrating the apps and operating layout of numerous smartphones (including Samsung, HTC, LG and Sony) into cars. When MirrorLink is introduced, two other interfaces will also be launched under the App-Connect label: CarPlay (Apple) and Android Auto (Google). Simultaneously, VW will also launch CarPlay and Android Auto in the European market.

Intuitive operation

In the future, the car will not only merge with the mobile world, it will also be more intuitive for people to operate. Today, and in the future, the car will adapt by recognizing their occupants’ movements—via controls based on proximity sensors and gesture recognition. Today, the latest infotainment systems by Volkswagen already detect the approach of a hand with proximity sensors. In the next revolutionary step—which Volkswagen is showing with the Golf R Touch concept vehicle at CES—the infotainment unit will use cameras to not only detect hand gestures, but understand but assign meaning to them. Gesture control will make it possible to control displays and functionality without having to use a touchscreen. This technology adds comfort and convenience to human-vehicle interaction by reducing driver distractions while operating controls, and further underscores the synchronized relationship between the car and the computer.

Autonomous and semi-autonomous driving

Clearly, cars of the future will need to be able to drive autonomously if necessary, a change that will be introduced step by step. Even today, Park Assist by Volkswagen enables semi-automated entry and exit from parking spaces. The car executes the entire steering process for the parking maneuver independently. At CES, Volkswagen is now showing another evolutionary stage of Park Assist: Trained Parking. Here, the car scans a frequently driven path to a parking space via camera, and from that point on it executes the path semi-automatically by computer control. In another evolutionary stage, it will be possible to have the car parked by the driver remotely, using a smartphone to control the car.

 Volkswagen highlights at CES

Golf R Touch

The Volkswagen Golf R Touch concept vehicle, displayed for the first time, features an infotainment system that incorporates gesture control as the next step in the area of intuitive control. All it takes is a hand movement in the space in front of the Golf’s infotainment display to make human and machine interact as one. Volkswagen is thereby extending touchscreen operation into a third dimension.

The development team for the Golf R Touch pursued the goal of producing an interior and infotainment concept that would fulfill seemingly contradictory requirements. Despite the continually growing complexity and number of functions, this concept was intended to reduce driver distractions while attaining maximum personalization and intuitive operation in the car. The vehicle was created in which nearly all controls are implemented via touchscreens and sensor switches. Therefore, the Golf R Touch is equipped with three displays: the 12.8-inch high-resolution infotainment system touchscreen; a Control Center (8.0-inch with touch feedback) arranged beneath it to control vehicle, climate control and media functions; and an Active Information Display (digitalized instruments, 12.3-inch). The layouts of the central touchscreen and the Active Info Display can be customized rapidly, just as on a smartphone or tablet today. The same is true of the entire color staging in the interior.

Connected Golf

At CES, Volkswagen is also showing the maximum networking potential of the car in the form of the Connected Golf. This e-Golf, which will be equipped with the latest generation (MIB II) infotainment system, will incorporate an enormous range of apps, smartphones and tablets via its progressive interface management system. With online-based functionality, its various features and applications will be organized into several clusters. All of these clusters are implemented in the Connected Golf.

A look at today’s App-Connect is particularly exciting. As noted above, Volkswagen is one of the first carmakers to integrate the vast majority of smartphone operating systems in models like the Golf, based on App-Connect. The three underlying software interfaces of App-Connect are Mirror Link, Android Auto (Google) and CarPlay (Apple). Via these interfaces, the driver and passengers in the car are able to use the many different smartphone apps over the infotainment system.

Beyond the applications of Volkswagen Car-Net, the Connected Golf is equipped with many other innovations. For example, Media Control enables the integration of tablets and smart watches into the infotainment system and uses a special app that creates a new-age rear seat entertainment system. Regular Routes is the name of a function by which the navigation system automatically detects traffic disruptions on the daily commute to work, for instance, and autonomously suggests an available alternative route. Parking Guide is another ingenious navigation feature. It embodies a technology that finds parking sites that have a high probability of available parking spaces.

Volkswagen Introduces Advanced Gesture Control

Golf R Touch

Volkswagen, Europe’s most successful car brand, has been instrumental in driving the development of more connected, more intelligent vehicles. That is because the car—which operates intuitively, is networked systematically, reacts intelligently and offers significantly greater convenience. This gives new innovative impetus to mobile life, making it more communicative, safer and interesting. This is why Volkswagen is demonstrating an entire fleet of vehicles at the 2015 Consumer Electronics Show (CES) in Las Vegas to show just how much the car and computer are already intertwined today and will continue to grow together in the future. The main focus at the show is on four aspects: computer-controlled drive systems; app and smartphone integration; intuitive vehicle operation; and autonomous and semi-autonomous driving.

“The two inventions of the century, the car and the computer, are gradually coming closer together. We need to design future mobility to be even more intelligent and even more networked,” said Prof. Dr. Martin Winterkorn, CEO of Volkswagen AG.

Computer-controlled drive systems

Electric mobility is coming into its own. Full electric and hybrid versions of high-volume models have now arrived, and Volkswagen is setting the pace with best-sellers like the Golf. The e-Golf and Golf GTE are the protagonists of a new mobility. These cars would be inconceivable without on-board electronics with computers that control such functions as battery charging and, in the case of the hybrid models, switching between the different drive sources. At CES, Volkswagen is showing, among other things, how electric cars will be able to automatically dock to inductive charging stations and output signals that indicate the battery state-of-charge using the vehicle’s exterior lights.

App and smartphone integration

It has now been eight years, to the month, since Apple introduced its first generation iPhone in San Francisco. Smartphones have irreversibly changed our everyday lives, from the ways we communicate to how we access information. It has long been normal practice to have phones automatically connected to a car’s hands-free telephone system via Bluetooth and to have smartphones stream media libraries into car infotainment and sound systems. But now, Volkswagen is taking a significant step forward.

Later this year, VW will introduce the second generation “modular infotainment platform” (MIB II) in the United States. Along with the new infotainment system, MirrorLink will also be made available for the first time, integrating the apps and operating layout of numerous smartphones (including Samsung, HTC, LG and Sony) into cars. When MirrorLink is introduced, two other interfaces will also be launched under the App-Connect label: CarPlay (Apple) and Android Auto (Google). Simultaneously, VW will also launch CarPlay and Android Auto in the European market.

Intuitive operation

In the future, the car will not only merge with the mobile world, it will also be more intuitive for people to operate. Today, and in the future, the car will adapt by recognizing their occupants’ movements—via controls based on proximity sensors and gesture recognition. Today, the latest infotainment systems by Volkswagen already detect the approach of a hand with proximity sensors. In the next revolutionary step—which Volkswagen is showing with the Golf R Touch concept vehicle at CES—the infotainment unit will use cameras to not only detect hand gestures, but understand but assign meaning to them. Gesture control will make it possible to control displays and functionality without having to use a touchscreen. This technology adds comfort and convenience to human-vehicle interaction by reducing driver distractions while operating controls, and further underscores the synchronized relationship between the car and the computer.

Autonomous and semi-autonomous driving

Clearly, cars of the future will need to be able to drive autonomously if necessary, a change that will be introduced step by step. Even today, Park Assist by Volkswagen enables semi-automated entry and exit from parking spaces. The car executes the entire steering process for the parking maneuver independently. At CES, Volkswagen is now showing another evolutionary stage of Park Assist: Trained Parking. Here, the car scans a frequently driven path to a parking space via camera, and from that point on it executes the path semi-automatically by computer control. In another evolutionary stage, it will be possible to have the car parked by the driver remotely, using a smartphone to control the car.

 Volkswagen highlights at CES

Golf R Touch

The Volkswagen Golf R Touch concept vehicle, displayed for the first time, features an infotainment system that incorporates gesture control as the next step in the area of intuitive control. All it takes is a hand movement in the space in front of the Golf’s infotainment display to make human and machine interact as one. Volkswagen is thereby extending touchscreen operation into a third dimension.

The development team for the Golf R Touch pursued the goal of producing an interior and infotainment concept that would fulfill seemingly contradictory requirements. Despite the continually growing complexity and number of functions, this concept was intended to reduce driver distractions while attaining maximum personalization and intuitive operation in the car. The vehicle was created in which nearly all controls are implemented via touchscreens and sensor switches. Therefore, the Golf R Touch is equipped with three displays: the 12.8-inch high-resolution infotainment system touchscreen; a Control Center (8.0-inch with touch feedback) arranged beneath it to control vehicle, climate control and media functions; and an Active Information Display (digitalized instruments, 12.3-inch). The layouts of the central touchscreen and the Active Info Display can be customized rapidly, just as on a smartphone or tablet today. The same is true of the entire color staging in the interior.

Connected Golf

At CES, Volkswagen is also showing the maximum networking potential of the car in the form of the Connected Golf. This e-Golf, which will be equipped with the latest generation (MIB II) infotainment system, will incorporate an enormous range of apps, smartphones and tablets via its progressive interface management system. With online-based functionality, its various features and applications will be organized into several clusters. All of these clusters are implemented in the Connected Golf.

A look at today’s App-Connect is particularly exciting. As noted above, Volkswagen is one of the first carmakers to integrate the vast majority of smartphone operating systems in models like the Golf, based on App-Connect. The three underlying software interfaces of App-Connect are Mirror Link, Android Auto (Google) and CarPlay (Apple). Via these interfaces, the driver and passengers in the car are able to use the many different smartphone apps over the infotainment system.

Beyond the applications of Volkswagen Car-Net, the Connected Golf is equipped with many other innovations. For example, Media Control enables the integration of tablets and smart watches into the infotainment system and uses a special app that creates a new-age rear seat entertainment system. Regular Routes is the name of a function by which the navigation system automatically detects traffic disruptions on the daily commute to work, for instance, and autonomously suggests an available alternative route. Parking Guide is another ingenious navigation feature. It embodies a technology that finds parking sites that have a high probability of available parking spaces.