Mexican Media Brands
VW Plans New Partsmaking Business Unit
Volkswagen AG says it intends to combine its components operations, including engine and transmission assembly, into a new group.
Share
Volkswagen AG says it intends to combine its components operations, including engine and transmission assembly, into a new group.
The move would involve existing activities at 56 plants worldwide that employ a combined 80,000 people, Reuters reports. The news service notes that VW first outlined the plan, which was approved by its executive board earlier this year, in 2016.
VW says that integrating its components operations will improve efficiency, generate better use of in-house expertise and “drive forward the transition to electric cars” throughout the company. Analysts says the new structure could free up funds to bankroll the cost of electrification and set up the parts unit to eventually be spun off.
The company insists the move won’t reduce capacity, although observers note that cutbacks appear inevitable as more of VW’s product lineup shuns piston engines and transmissions for simpler electric motors and gearboxes.
RELATED CONTENT
-
Robotic Exoskeleton Amplifies Human Strength
The Sarcos Guardian XO Max full-body, all-electric exoskeleton features strength amplification of up to 20 to 1, making 200 pounds—the suit’s upper limit—feel like 10 pounds for the user.
-
GM Develops a New Electrical Platform
GM engineers create a better electrical architecture that can handle the ever-increasing needs of vehicle systems
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
