Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Volkswagen AG    VOW3   DE0007664039

VOLKSWAGEN AG

(VOW3)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Audi is embracing virtual reality (VR) with the Audi e-tron GT: Using VR glasses and controllers, employees from various departments test all assembly processes...

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/18/2019 | 08:40am EDT
Audi tests assembly processes for the e-tron GT entirely virtually
  • Workflows on assembly line and associated logistics processes are being tested entirely virtually for the first time
  • Use of virtual reality facilitates cross-site collaboration and saves resources
  • Markus Moinot, Head of Production Planning Processes at Neckarsulm: 'The Audi e-tron GT is the first car in the Group to have all its assembly processes and the associated logistics processes tested without an actual prototype'
  • 360-degree scan of the production hall provides the basis for planning workshops with virtual reality
Read further
Preparations underway for the production of the Audi e-tron GT: Workflows on assembly line and associated logistics processes are being tested entirely virtually for the first time.

Audi is embracing virtual reality (VR) with the Audi e-tron GT1: Using VR glasses and controllers, employees from various departments test all assembly processes entirely virtually. Audi has developed in-house its virtual reality software for the process. This relies on 360-degree scans that provide a three-dimensional indoor map for the virtual space. The technology is being used for the first time for testing the assembly processes for the e-tron GT at the Neckarsulm site.

This is the first time that workflows along the assembly line and the associated logistics processes are being tested entirely virtually in the '3P workshops'. In the production system, 3P stands for the Production Preparation Process, and is used for process validation. With the workshops, the planners along with colleagues from Logistics, Assembly, Pre-Series Center and Quality Assurance run through all the work steps and check the planned processes for their feasibility. Are all the work steps ergonomically sound? Is the positioning of the tool trolley right? Hitherto these tests used to be conducted in workshops on prototypes. 'The e-tron GT is the first vehicle in the VW Group to dispense with an actual prototype in the 3P workshops,' explains Markus Moinot, Head of Production Planning Processes in Neckarsulm.

The '3P workshops' project is the result of close collaboration between Assembly Planning in Neckarsulm, Assembly Planning in Ingolstadt and the Audi Production Lab (P-Lab). The team in the P-Lab developed the software in-house. It is now being used for the first time in Neckarsulm as part of planning for the e-tron GT. The digitization of the workshops drives forward the company's digital transformation. Bernd Widdmann, Head of Assembly Planning Methods in Ingolstadt: 'Digitization of the workshops was a logical, consistent step toward further developing the existing 3P method. With the virtual workshops we also facilitate good, highly effective collaboration of participants from various sites. At present, we are testing this between Ingolstadt and San José Chiapa in Mexico.' The switch to the digital world promotes collaboration between the teams and sites, while also saving resources, for instance thanks to fewer business trips. As such, the technology has enormous potential for the entire Volkswagen Group. 'Audi has assumed the role of brand leader with the development of the VR method for the 3P workshop,' adds Markus Moinot.

The 360-degree scans are a vital element in implementing the 3P workshops virtually. To this end, production halls or complete buildings are scanned three-dimensionally using custom software and hardware. Audi is collaborating with a start-up from Munich to create a virtual copy of the production facility. The result is extremely precise, with measurements of a cycle, for instance of the cockpit installation on the R8 or the e-tron GT, accurate down to a few millimeters. On the basis of this data, production is then planned and the cycles and equipment set up. At the same time, the scan process generates a point cloud, which can be used to reconstruct the equipment and infrastructure virtually. The Audi employees can therefore digitally update their layout and planning systems, saving time and money in the process. The 360-degree model in the Böllinger Höfe is another important step toward digital shadows.

1) Audi e-tron GT - concept car

Read further

Disclaimer

Volkswagen AG published this content on 18 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2019 12:39:05 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VOLKSWAGEN AG
08/23Renewed Chinese auto tariffs would cost U.S. jobs, industry coalition warns
RE
08/23VOLKSWAGEN : Robots also have to talk. Especially in production, where everythin..
PU
08/23VOLKSWAGEN : Explores Buying Stakes in Chinese Auto Suppliers -Bloomberg
DJ
08/22NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/22VOLKSWAGEN : brand is systematically driving its electric offensive and will be ..
PU
08/22Volkswagen's Audi to Enter Cooperation With Daimler, BMW -Wirtschaftswoche
DJ
08/22VOLKSWAGEN : VW Bets Future on Electric People's Car
DJ
08/22VOLKSWAGEN : ŠKODA AUTO has today opened a new paint shop at its main pla..
PU
08/22TESLA : Volkswagen not interested in buying Tesla stake
RE
08/22TESLA : Volkswagen not interested in buying Tesla stake
RE
More news
Financials (EUR)
Sales 2019 246 B
EBIT 2019 17 617 M
Net income 2019 13 464 M
Finance 2019 23 766 M
Yield 2019 4,30%
P/E ratio 2019 5,18x
P/E ratio 2020 4,80x
EV / Sales2019 0,19x
EV / Sales2020 0,16x
Capitalization 71 630 M
Chart VOLKSWAGEN AG
Duration : Period :
Volkswagen AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VOLKSWAGEN AG
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 28
Average target price 189,41  €
Last Close Price 141,00  €
Spread / Highest target 70,2%
Spread / Average Target 34,3%
Spread / Lowest Target -13,5%
EPS Revisions
Managers
NameTitle
Herbert Diess Chairman-Management Board
Hans Dieter Pötsch Chairman-Supervisory Board
Frank Witter Head-Finance & Information Technology
Peter Mosch Member-Supervisory Board
Bernd Osterloh Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
VOLKSWAGEN AG1.61%79 793
TOYOTA MOTOR CORP11.91%184 180
GENERAL MOTORS COMPANY7.80%51 484
DAIMLER AG-11.30%48 528
BMW AG-16.97%42 390
HONDA MOTOR CO LTD-11.11%41 492