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Skoda plans big investment into electric cars as part of rebound effort

PRAGUE — Czech carmaker Skoda, part of the Volkswagen Group, said on Wednesday it would invest around 2.5 billion euros over the next five years on future technologies, with more than half going to electric vehicle investment. The Czech Republic's largest exporter is hoping for a rebound in 2021 from a global car sales drop but faces uncertainty over the coronavirus pandemic and a semiconductor shortage rattling the industry. "This year is likely to be another big challenge," finance director Klaus-Dieter Schuermann said. "We expect Skoda Auto's group performance to improve, with sales revenue significantly above the level of last year." Skoda reported on Wednesday a 54.5% drop in 2020 operating to 756 million euros ($894 million). Sales revenue dropped 13.8% to 17.1 billion euros. Global deliveries remained above 1 million cars for a seventh straight year despite a 19% drop after production outages at the outset of the pandemic and a fall in China, its biggest single market. Chief Executive Thomas Shaefer said the car company was managing the semiconductor shortage "but it will follow us for awhile" and the impact was not visible yet. Skoda's core market in Europe would be electric in the future, Shaefer said, although it was still not time to completely switch away from traditional models, which include the launch last year of a new generation of its flagship Octavia model. It has also started production of the all-electric Enyaq iV model, which is a version of Volkswagen's ID.4. Skoda plans investments of 1.4 billion euros into electromobility development as part of its five-year investment plan. Investments will also go into digitalization activities and plant modernization. Related video: Green Volkswagen Skoda Electric

This semi-autonomous stroller from VW is a great idea

We're still on the fence about the prospect of autonomous vehicles. On the one hand, they promise to make commuting a breeze and collisions a thing of the past. On the other, they stand to take us away from the steering wheel, and that's something we can't abide. But an autonomous stroller, now that's the kind of idea we can get behind. Shame such a thing doesn't exist... right? That's what we assumed until we saw this spot from Volkswagen. The German automaker's Dutch office posted on Facebook, asking the public for suggestions on how the company might improve other products, aside from automobiles. The most popular response was a baby stroller with automatic braking. So they went ahead and built one. The resulting prototype – and we're sorry to report that it's just a prototype for the time being – doesn't just have automatic braking. It can even follow the parent (or nanny or whomever) around under its own power and with its own steering. It's got the adaptive cruise control sensor from a Golf and is programmed to keep a fixed distance from the guardian in front. Or so the video suggests, at any rate. There's a good chance that there's some manner of trickery going on here, probably in the form of a hidden engineer off-screen with a remote control, and hopefully without an actual baby on board. Whether it's real or not, the invention in the commercial is sure to pique the interest of the parents among us, and maybe get those without kids thinking about taking that big step... stroller autonomously in tow.

Volkswagen Multivan Alltrack Concept takes the luxury van life off road

Volkswagen dug into its commercial vehicle fleet for its latest Geneva Motor Show concept, blending the versatile body of the T5 MultiVan with a luxuriously appointed interior, 4Motion all-wheel drive and a thrifty diesel powertrain.
That 177-horsepower diesel engine routes its power to the AWD system through a seven-speed dual-clutch transmission. Based on that alone, we'd expect the Multivan Alltrack's behind-the-wheel experience to be somewhat familiar. That all-wheel-drive system and van body contribute to the 21-degree approach and 15-degree departure angles of this soft-roading MultiVan.
What wouldn't be familiar is its exquisite cabin. Volkswagen opted for a nautical theme for the concept's interior, featuring grey-blue leather seats from Poltrona Frau and a floor finished in real wood. The dark wood trim can also be found throughout the interior, running below the windows and on the dash.