NEW DELHI: Volkswagen announced on Thursday that it will be rolling out the ‘Computer Vision’ AI technology to boost its production by at least 30% by the year 2025. The ‘Industrial Computer Vision’ image recognition and processing technology is currently being tested at Porsche’s Leipzig plant. The Computer Vision technology extracts information from optical data, such as the real environment at the plant, which it then evaluates using artificial intelligence (AI). The procedure is similar to the human capability of recognizing, processing and analyzing images. Volkswagen has been working with this technology for several years and is now intensifying its efforts. The first application will be rolled out next year through the new Volkswagen Industrial Cloud throughout the Volkswagen Group.
Ingolstadt: Audi on Monday unveiled the facelifted Q5 that combines a sporty character with excellent everyday usability, and comes with a wide array of infotainment and assistance options. Its powerful two-liter four-cylinder diesel generates 204 PS and 400 Nm of torque, which is matched with a seven-speed S Tronic that sends the engine power to the Quattro all-wheel drive. Behind the new control setup in the updated Audi Q5 is a new main unit – the third-generation Modular Infotainment Platform (MIB 3), which offers ten times the computing power of its predecessor, the MIB 2. Its basis is a conventional dashboard with a centrally positioned driver information system. The top of the range is the Audi virtual cockpit plus –
FRANKFURT: Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on Tuesday. Volkswagen, which already holds 99.64% of Audi, announced the squeeze-out plans in February. "Volkswagen AG announced and specified that it has set the cash settlement to be paid to the minority shareholders in return for the transfer of their shares at 1,551.53 euros per AUDI AG share," the carmaker said. This compares with a share price of 1,050 euros apiece on Tuesday and amounts to a purchase price of 237 million euros ($267 million) for the 152,749 outstanding Audi shares, according to Refinitiv data. The transfer will be passed at Audi's next annual general meeting, which the carmaker
NEW DELHI: Audi India is preparing to bring in the new iteration of performance car RS 7. Taking to Twitter, Audi India teased the upcoming Sportback. Audi RS 7, with an elegant coupe-shaped design with brilliant aesthetics, is powered by a 4-litre, V8, TFSI engine, which is good enough for 600 horsepower. The 0-100 kmph is clocked in 3.6 seconds with the top speed electrically limited to 250 kmph (optionally can be unlocked to 305 kmph). The global spec RS 7 gets standard wide bodywork, 21-inch wheels, air suspension, a torque-vectoring rear differential and sportier seats. Made for the racetrack. Launching on-road. #StayTuned #PerformanceIsAnAttitude #AudiRS7sportback #AudiRS7 https://t.co/hWrqyRDgYe— Audi India (@AudiIN) 1592306759000Earlier in the year, the German carmaker drove in
GOTHENBURG: The 2009 meeting in Shanghai between the Swedish union leader and the “Chinese Henry Ford” started in a minibus ride and ended in one of the financial capital’s most opulent hotels. There, the men struck an unlikely alliance to save the struggling Swedish carmaker Volvo. The president of Geely Auto Group, Li Shufu, promised that his ownership would provide a blank check and allow Volvo to keep its name and independence. He has since invested $10 billion as Volvo’s value has risen tenfold during the last decade. Even during the pandemic, Volvo’s sales have held up compared with the dismal results of rivals. “We got near-total freedom to excel,” the union leader, Magnus Sundemo, said in a recent
NEW DELHI: BMW India has unceremoniously launched performance-spec variants of two of its luxury SUVs amidst the ongoing automobile slump. BMW India has rolled out the X7 M50d and the X5 SportX. The motive behind rolling out two sportier versions of their most popular SUVs silently may be uncertain, but what is certain is that the two high-end SUVs have a lot to offer to driving enthusiasts. The aggressive BMW X7 M50dThe BMW X7 M50d, starting at Rs 1.63 crore (ex-showroom, India), is powered by a 3.0-litre in-line six-cylinder engine. The powerful engine is perfectly tuned to make 394 bhp at 4400 rpm. The high-performance SUV offers a maximum torque of 760 Nm at 3000 rpm. The engine is