Ahead of the Time
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Porsche Automobil Holding SE Company Accounts 2008/2009
Porsche Automobil Holding SE company accounts 2008/09 4 Group management report and management report of Porsche Automobil Holding SE 80 Balance Sheet 81 Income statement 82 Notes 102 Audit Opinion 103 Company Boards 105 Membership in other statutory supervisory boards and comparable domestic and foreign control bodies Group management report and management report of Porsche Automobil Holding SE Recent developments Michael Macht and Thomas Edig's appointment to the helm of Porsche AG marks the beginning of a new era for the Stuttgart-based automobile manufacturer. Michael Macht, who for many years served as head of pro- duction and logistics, has been made a member of the executive board of Porsche SE, and CEO of Porsche AG. Thomas Edig has been made board member at Porsche SE and Mr. Macht’s deputy at Porsche AG, where he is also responsible for HR and social issues and functions as labor director. Macht’s successor as head of production is Wolfgang Leimgruber, who was previously responsible for the body shell and paint shops. At Porsche SE, Michael Macht is responsible for technology and products, while Tho- mas Edig heads the commercial and administrative side. On 23 July 2009, the supervisory board of Porsche Automobil Holding SE (“Porsche SE”) reached an agreement on the departure of the long-term executive board members Dr. Wendelin Wiedeking and Holger P. Härter. Both men also resigned from their posts on the supervisory boards of Volkswagen AG and AUDI AG. Prof. Dr. Martin Winterkorn will be made the new CEO of Porsche SE fol- lowing the approval of the supervisory boards of Porsche SE and Volks- wagen AG. -
Stanley: the Robot That Won the DARPA Grand Challenge
Stanley: The Robot that Won the DARPA Grand Challenge ••••••••••••••••• •••••••••••••• Sebastian Thrun, Mike Montemerlo, Hendrik Dahlkamp, David Stavens, Andrei Aron, James Diebel, Philip Fong, John Gale, Morgan Halpenny, Gabriel Hoffmann, Kenny Lau, Celia Oakley, Mark Palatucci, Vaughan Pratt, and Pascal Stang Stanford Artificial Intelligence Laboratory Stanford University Stanford, California 94305 Sven Strohband, Cedric Dupont, Lars-Erik Jendrossek, Christian Koelen, Charles Markey, Carlo Rummel, Joe van Niekerk, Eric Jensen, and Philippe Alessandrini Volkswagen of America, Inc. Electronics Research Laboratory 4009 Miranda Avenue, Suite 100 Palo Alto, California 94304 Gary Bradski, Bob Davies, Scott Ettinger, Adrian Kaehler, and Ara Nefian Intel Research 2200 Mission College Boulevard Santa Clara, California 95052 Pamela Mahoney Mohr Davidow Ventures 3000 Sand Hill Road, Bldg. 3, Suite 290 Menlo Park, California 94025 Received 13 April 2006; accepted 27 June 2006 Journal of Field Robotics 23(9), 661–692 (2006) © 2006 Wiley Periodicals, Inc. Published online in Wiley InterScience (www.interscience.wiley.com). • DOI: 10.1002/rob.20147 662 • Journal of Field Robotics—2006 This article describes the robot Stanley, which won the 2005 DARPA Grand Challenge. Stanley was developed for high-speed desert driving without manual intervention. The robot’s software system relied predominately on state-of-the-art artificial intelligence technologies, such as machine learning and probabilistic reasoning. This paper describes the major components of this architecture, and discusses the results of the Grand Chal- lenge race. © 2006 Wiley Periodicals, Inc. 1. INTRODUCTION sult of an intense development effort led by Stanford University, and involving experts from Volkswagen The Grand Challenge was launched by the Defense of America, Mohr Davidow Ventures, Intel Research, ͑ ͒ Advanced Research Projects Agency DARPA in and a number of other entities. -
As Volkswagen Pushed to Be No. 1, Ambitions Fueled a Scandal by DANNY HAKIM, AARON M
The New York Times 9/26/15 Page | 1 As Volkswagen Pushed to Be No. 1, Ambitions Fueled a Scandal By DANNY HAKIM, AARON M. KESSLER and JACK EWINGSEPT. 26, 2015 Photo Martin Winterkorn, VW’s chief, inspected a Porsche at a car show in 2008.CreditMarijan Murat/European Pressphoto Agency Martin Winterkorn, Volkswagen’s chief executive, took the stage four years ago at the automaker’s new plant in Chattanooga, Tenn., and outlined a bold strategy. The company, he said, was in the midst of a plan to more than triple its sales in the United States in just a decade — setting it on a course to sweep by Toyota to become the world’s largest automaker. “By 2018, we want to take our group to the very top of the global car industry,” he told the two United States senators, the governor of Tennessee and the other dignitaries gathered for the opening of Volkswagen’s first American factory in decades. http://www.nytimes.com/2015/09/27/business/as‐vw‐pushed‐to‐be‐no‐1‐ambitions‐fueled‐a‐ scandal.html The New York Times 9/26/15 Page | 2 One way Volkswagen aimed to achieve its lofty goal was by betting on diesel-powered cars — instead of hybrid-electric vehicles like theToyota Prius — promising high mileage and low emissions without sacrificing performance. Ray LaHood, the transportation secretary, endorsed the company’s commitment to diesel that day, calling it an “ingredient in the recipe for our long-term energy security.” Photo An air resources technician preparing to test the diesel emissions of a 2013 Volkswagen Passat on Friday in El Monte, Calif. -
Ahead of the Time. Highlights from More Than Six Decades of Research
AHEAD OF THE TIME. HIGHLIGHTS FROM MORE THAN SIX DECADES OF RESEARCH AND DEVELOPMENT AT VOLKSWAGEN. WE MAKE THE FUTURE REAL AND HAVE BEEN DOING SO FOR MORE THAN SIX DECADES. 1969 In this booklet, we wish to take you on a journey in time through SAW THE OFFICIAL OPENING the history of research and development at Volkswagen. OF THE VOLKSWAGEN 4 8 12 16 TEST TRACK FACILITY Even back in 1955, the innovative EA 48 concept vehicle was VEHICLE SAFETY ESVW I AUTONOMOUS DRIVING VOLKSWAGEN FUTURA IN EHRALESSIEN turning heads with its unitary body, front-wheel drive and Safety first: vehicle safety European milestone: Automatically mobile: Forward-looking wing independent wheel suspension. From 1965, first crash tests has been the subject the first experimental visions of the future doors: the car of were providing information on vehicle safety. The ESVW I of active research since safety vehicle developed that have been showing tomorrow, already research vehicle from 1972 was a milestone that made a major the 1960s by Volkswagen in Wolfsburg since reality in 1989 20 contribution to improving safety in later production models. the seventies FACTS & FIGURES We have been researching into assistance systems since 1978. Our first test vehicle was a ‘Bulli’ or Microbus for conducting trials of a lane assistance system. And almost 30 years ago, the Futura concept vehicle had technology highlights that are 22 24 28 now found in the production models of today. INNOVATION PLATFORMS DIGITAL COCKPIT FORMULA E Volkswagen pioneers: From DigiFiz to the E for Economy: smart Did you know that Volkswagen already had Formula E back selected concept future: just hop in, fuel saver from Wolfsburg in the 1980s? Among the features included in this technology vehicles far ahead of keep track of everything with a start/stop system were a start/stop system that saved up to two litres of fuel series production and feel at home over a distance of 100 kilometres. -
Der Zeit Voraus
DER ZEIT VORAUS. HIGHLIGHTS AUS ÜBER SECHS JAHRZEHNTEN FORSCHUNG UND ENTWICKLUNG BEI VOLKSWAGEN. WIR BRINGEN DIE ZUKUNFT IN SERIE UND DAS SEIT MEHR ALS SECHS JAHRZEHNTEN. 1969 Mit diesem Booklet nehmen wir Sie mit auf eine Zeitreise durch ERÖFFNETE DAS die Historie der Forschung und Entwicklung bei Volkswagen. VOLKSWAGEN TESTGELÄNDE 4 8 12 16 IN EHRALESSIEN OFFIZIELL Bereits 1955 punktete die innovative Studie EA 48 mit einer FAHRZEUGSICHERHEIT ESVW I AUTONOMES FAHREN VOLKSWAGEN FUTURA selbsttragenden Karosserie, Frontantrieb und Einzelradauf- Safety first: Fahrzeug- Europäischer Meilenstein: Automatisch mobil: Vorausschauender hängung. Ab 1965 lieferten erste Crashtests Erkenntnisse sicherheit bei Volkswagen, das erste Experimentier- Zukunftsmusik, die in Flügeltürer: das Auto zur Fahrzeugsicherheit. Das Forschungsfahrzeug ESVW I aus aktiv erforscht seit den Sicherheitsfahrzeug, ent- Wolfsburg seit den von morgen, 1989 dem Jahr 1972 war ein Meilenstein, der maßgeblich zur 1960er-Jahren wickelt von Volkswagen Siebzigern gespielt wird schon Wirklichkeit 20 Verbesserung der Sicherheit späterer Serienmodelle beitrug. FACTS & FIGURES Assistenzsysteme erforschen wir seit 1978. Unser erster Ver- suchsträger war ein „Bulli“ zur Erprobung eines Spurassistenten. Und die Studie Futura verfügte schon vor fast 30 Jahren über Technik-Highlights, die man heute in Serienmodellen findet. 22 24 28 INNOVATIONSTRÄGER DIGITALES COCKPIT FORMEL E Wussten Sie, dass es die Formel E bei Volkswagen schon in Volkswagen Vorreiter: Von DigiFiz bis Zukunft: E wie Economy: den 1980er-Jahren gab? Diese Technologie beinhaltete unter ausgewählte Konzept- einsteigen, Überblick Wolfsburger Sprit- anderem ein Start-Stopp-System und sparte bis zu zwei Liter fahrzeuge, der Serie behalten, zu Hause fühlen Sparfuchs mit Kraftstoff auf 100 Kilometer ein. weit voraus Start-Stopp-System Apropos Kraftstoff: Seit über 40 Jahren forschen wir an der Nutzung alternativer Energieträger. -
The New Golf Celebrates Its World Premiere
ALL ABOUT VOLKSWAGEN – THE EMPLOYEE MAGAZINE FOR OUR LOCATION | OCTOBER 2019 360WOLFSBURG° ID.31 – Series Ready for Launch The countdown is on: Series production of the ID.3, the first fully electric Volkswagen from the new ID. family, will begin at the Zwickau plant in early November. The conversions are running on schedule, with employees now assembling the last few robots. Some 8,000 members of staff have been working for months at the Saxony location to get ready to meet the electric age. This has seen them involved in measures such as high-voltage training courses to learn how to handle battery systems safely. → PAGE 21 The New Golf Celebrates Its World Premiere Comic Series Presentation in Wolfsburg: eighth generation even more digital and networked than ever before on Integrity 13 short stories clarify behavioral anchors in an easy-to-understand way. → PAGE 11 f any car can be other model has shaped called a bestseller, it’s our brand quite so power- I certainly the Golf. fully and permanently over Developed and honed the decades. It is synony- from generation to gen- mous with the Volkswagen eration, it has become name and everything a global constant. The Volkswagen stands for Volkswagen brand now around the world.” celebrates the world More than 35 million China: V-Space premiere of the eighth Ralf Brandstätter, Golf models have rolled generation Golf on the Chief Operating o the production line Opens evening of October 24. Officer (COO) over the past 45 years. The V-Space has now launched in The new Golf will be and Member of strengths of the Golf – and Beijing as the new headquarters of the Board at showcased in the Hafen what has made it a world- Volkswagen Group China. -
The Tupelo Automobile Museum Auction Tupelo, Mississippi | April 26 & 27, 2019
The Tupelo Automobile Museum Auction Tupelo, Mississippi | April 26 & 27, 2019 The Tupelo Automobile Museum Auction Tupelo, Mississippi | Friday April 26 and Saturday April 27, 2019 10am BONHAMS INQUIRIES BIDS 580 Madison Avenue Rupert Banner +1 (212) 644 9001 New York, New York 10022 +1 (917) 340 9652 +1 (212) 644 9009 (fax) [email protected] [email protected] 7601 W. Sunset Boulevard Los Angeles, California 90046 Evan Ide From April 23 to 29, to reach us at +1 (917) 340 4657 the Tupelo Automobile Museum: 220 San Bruno Avenue [email protected] +1 (212) 461 6514 San Francisco, California 94103 +1 (212) 644 9009 John Neville +1 (917) 206 1625 bonhams.com/tupelo To bid via the internet please visit [email protected] bonhams.com/tupelo PREVIEW & AUCTION LOCATION Eric Minoff The Tupelo Automobile Museum +1 (917) 206-1630 Please see pages 4 to 5 and 223 to 225 for 1 Otis Boulevard [email protected] bidder information including Conditions Tupelo, Mississippi 38804 of Sale, after-sale collection and shipment. Automobilia PREVIEW Toby Wilson AUTOMATED RESULTS SERVICE Thursday April 25 9am - 5pm +44 (0) 8700 273 619 +1 (800) 223 2854 Friday April 26 [email protected] Automobilia 9am - 10am FRONT COVER Motorcars 9am - 6pm General Information Lot 450 Saturday April 27 Gregory Coe Motorcars 9am - 10am +1 (212) 461 6514 BACK COVER [email protected] Lot 465 AUCTION TIMES Friday April 26 Automobilia 10am Gordan Mandich +1 (323) 436 5412 Saturday April 27 Motorcars 10am [email protected] 25593 AUCTION NUMBER: Vehicle Documents Automobilia Lots 1 – 331 Stanley Tam Motorcars Lots 401 – 573 +1 (415) 503 3322 +1 (415) 391 4040 Fax ADMISSION TO PREVIEW AND AUCTION [email protected] Bonhams’ admission fees are listed in the Buyer information section of this catalog on pages 4 and 5. -
Zeitschrift Index
ZEITSCHRIFT INDEX 2006-2020 TITLE ISSUE PAGE $1.4 million for Beetle Jul-15 21 10 little drivers Nov-18 23 10 millionth VW Transporter Feb-08 21 10-Pin Bowling Challenge 2018 Aug-18 24 10-pin bowling night Aug-08 22 10-pin bowling night Jan-09 27 12V lights Aug-11 37 15 Millionth Passat Mar-08 20 18-carat VW Beetle Apr-08 20 1946 VW up for auction Apr-19 35 1946 VWs - Bill's research Apr-19 34 1951 VW AEY-104 Apr-17 24 1954 Melbourne Motor Show Jan-20 26 1954 the New Volkswagen Jan-20 28 1960 Quieter Safer Beetle Jun-18 34 1964 Ampol Trial Pt1 Feb-20 29 1964 Ampol Trial Pt2 Mar-20 30 1968 London to Sydney Marathon May-20 24 1968 VW Beetle 1500 Aug-19 40 1971 Bug-In memories Jun-19 34 1971 Easter Motorkhana (2nd Bug-In) Jun-19 35 2010 Record Australian sales year for VW Jan-11 21 2011 Record Australian sales year for VW Jan-12 15 2012 Record Australian sales year for VW Jan-13 17 2013 Record Australian sales year for VW Jan-14 13 2014 VW sales - Golf record Jan-15 17 2015 VW sales - new all-time record Jan-16 17 2016 VW model updates Sep-15 17 2016 VW sales - a slight drop Jan-17 15 2017 Australian commercial updates Oct-16 20 2017 Australian model updates Oct-16 18 2018 VW sales drop slightly Jan-19 17 2019 VW sales drop again Jan-20 17 2040 and cars on walls - Ash Jul-20 20 25 millionth Golf Jun-07 16 30th Anniversary Club run Apr-15 24 4 into 8 (dowels) Jul-14 37 40 Years of the VW Golf in Australia Sep-16 33 411 four-door VW Sep-20 22 44% of VWs are 4Motion Oct-19 17 50 Years of the VW 1300 Sep-16 32 5-year Warranty now permanent Mar-19 -
Autonomous Vehicle Technology: a Guide for Policymakers
Autonomous Vehicle Technology A Guide for Policymakers James M. Anderson, Nidhi Kalra, Karlyn D. Stanley, Paul Sorensen, Constantine Samaras, Oluwatobi A. Oluwatola C O R P O R A T I O N For more information on this publication, visit www.rand.org/t/rr443-2 This revised edition incorporates minor editorial changes. Library of Congress Cataloging-in-Publication Data is available for this publication. ISBN: 978-0-8330-8398-2 Published by the RAND Corporation, Santa Monica, Calif. © Copyright 2016 RAND Corporation R® is a registered trademark. Cover image: Advertisement from 1957 for “America’s Independent Electric Light and Power Companies” (art by H. Miller). Text with original: “ELECTRICITY MAY BE THE DRIVER. One day your car may speed along an electric super-highway, its speed and steering automatically controlled by electronic devices embedded in the road. Highways will be made safe—by electricity! No traffic jams…no collisions…no driver fatigue.” Limited Print and Electronic Distribution Rights This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited. Permission is given to duplicate this document for personal use only, as long as it is unaltered and complete. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial use. For information on reprint and linking permissions, please visit www.rand.org/pubs/permissions.html. The RAND Corporation is a research organization that develops solutions to public policy challenges to help make communities throughout the world safer and more secure, healthier and more prosperous. -
Golf-Gti-Vii-Brochure.Pdf
The Golf 03 THE GOLF. 06 DESIGN. 14 GOLF S. 16 GOLF MATCH EDITION AND MATCH BLUEMOTION EDITION. 18 GOLF GT EDITION. 20 GOLF R-LINE EDITION. 24 GOLF GTD. 26 GOLF GTI. 28 GOLF R. 32 GOLF GTE AND GTE NAV. 34 E-GOLF. 36 THINK BLUE. 38 ENGINES AND GEARBOXES. 40 SAFETY. 46 EQUIPMENT. 54 WHEELS. 56 PAINT. 58 UPHOLSTERY. 59 COMBINATIONS. 62 TECHNICAL SPECIFICATION. 66 TECHNOLOGY. 67 DIMENSIONS. 70 CO2 EMISSIONS AND VED BANDS WITH OPTIONAL WHEELS. 72 VOLKSWAGEN SERVICE. Front cover model shown is Golf GT Edition with optional Bi-xenon headlights and metallic paint. Model shown is Golf GTE with optional Oryx White premium signature paint. 02 03 THE GOLF IN ONE SECOND A PERSON CAN PROCESS JUST SIX WORDS. OR, AN ENTIRE IMAGE. MORE STYLISH, MORE ATHLETIC AND MORE ELEGANT. BUT STILL UNMISTAKABLY A GOLF. Model shown is Golf GTI with optional GTI Performance pack and Oryx White premium signature paint. 04 05 THE GOLF Iconic down to the last detail: the body-coloured door mirrors are mounted stylishly on the lower window line, allowing an extra triangular window to improve all-round vision. Integrated rear lights blend harmoniously with the bodywork, creating a powerful presence. Models shown feature optional metallic paint. Model shown is Golf GT Edition with optional Bi-xenon headlights and metallic paint. 06 07 DESIGN OVER A LIFETIME, THE AVERAGE PERSON WILL TAKE DETOURS OF NEARLY 15,000 MILES. YOU CAN ENJOY EVERY ONE – THANKS TO THE COMFORT, QUALITY, FUNCTIONALITY AND SPACIOUSNESS IN THE GOLF. Interior shown is Golf GT Edition DSG with optional Discover Navigation Pro touch-screen navigation/DVD radio system, climate control – 2Zone electronic air conditioning, ‘Vienna’ leather upholstery and metallic paint. -
ANNUAL REPORT 2005 ANNUAL REPORT 2005 Chronik 2005 >>>
V OLKSWAGEN AG ANNUAL REPORT 2005 ANNUAL REPORT 2005 REPORT ANNUAL chronik 2005 >>> key figures volkswagen group Volume Data 2005 2004 % Vehicle sales (units) 5,192,576 5,142,759 + 1.0 Production (units) 5,219,478 5,093,181 + 2.5 Employees at Dec. 31 344,902 342,502 + 0.7 Financial Data (IFRSs), € million 2005 20041) % Sales revenue 95,268 88,963 + 7.1 Operating profit before special items 3,143 2,037 + 54.3 Special items 351 395 – 11.1 Operating profit after special items 2,792 1,642 + 70.0 Profit before tax 1,722 1,088 + 58.2 Profit after tax 1,120 697 + 60.7 Cash flows from operating activities 10,810 11,457 – 5.6 Cash flows from investing activities 10,466 15,078 – 30.6 Automotive Division2) Cash flows from operating activities 8,112 8,881 – 8.7 Cash flows from investing activities 5,721 7,046 – 18.8 of which: investments in property, plant and equipment 4,316 5,425 – 20.4 as a percentage of sales revenue 5.0 6.8 capitalized development costs 1,432 1,501 – 4.6 as a percentage of sales revenue 1.7 1.9 Net cash flow 2,391 1,835 + 30.3 Net liquidity at Dec. 31 706 – 1,912 x Return ratios in % 2005 20041) Return on sales before tax 1.8 1.2 Return on investment after tax (Automotive Division) 2.6 1.3 Return on equity before tax (Financial Services Division) 18.9 20.0 1) Restated. 2) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions. -
Car Wars 2020-2023 the Rise (And Fall) of the Crossover?
The US Automotive Product Pipeline Car Wars 2020-2023 The Rise (and Fall) of the Crossover? Equity | 10 May 2019 Car Wars thesis and investment relevance Car Wars is an annual proprietary study that assesses the relative strength of each automaker’s product pipeline in the US. The purpose is to quantify industry product trends, and then relate our findings to investment decisions. Our thesis is fairly straightforward: we believe replacement rate drives showroom age, which drives market United States Autos/Car Manufacturers share, which drives profits and stock prices. OEMs with the highest replacement rate and youngest showroom age have generally gained share from model years 2004-19. John Murphy, CFA Research Analyst Ten key findings of our study MLPF&S +1 646 855 2025 1. Product activity remains reasonably robust across the industry, but the ramp into a [email protected] softening market will likely drive overcrowding and profit pressure. Aileen Smith Research Analyst 2. New vehicle introductions are 70% CUVs and Light Trucks, and just 24% Small and MLPF&S Mid/Large Cars. The material CUV overweight (45%) will likely pressure the +1 646 743 2007 [email protected] segment’s profitability to the low of passenger cars, and/or will leave dealers with a Yarden Amsalem dearth of entry level product to offer, further increasing an emphasis on used cars. Research Analyst MLPF&S 3. Product cadence overall continues to converge, making the market increasingly [email protected] competitive, which should drive incremental profit pressure across the value chain. Gwen Yucong Shi 4.