Volkswagen to take over telematics specialist WirelessCar from Volvo

Download
Dr. Marc Langendorf
Dr. Marc Langendorf
Corporate Communications Head of Corporate Communications
Jonas Kulawik
Jonas Kulawik
Corporate Communications Spokesperson Digital Car & Services/Car.Software organization
The Volkswagen Automotive Cloud will link the fully connected vehicle, the cloud-based platform and digital value-added services.
  • Volkswagen Group acquires 75.1 percent majority stake in “WirelessCar” from Volvo Information Technology AB
  • WirelessCar take-over will enable Volkswagen to further advances in fleet connectivity
  • Completion of the transaction is subject to approval from authorities

Wolfsburg. The Volkswagen Group is acquiring a majority stake in the Swedish telematics specialist “WirelessCar” from Volvo with a view to making further advances in fleet connectivity. The Volkswagen Group is acquiring a 75.1 percent stake in WirelessCar. Completion is expected in the first half of 2019 and is subject to approval from antitrust authorities.

Download
The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.