By Michael Elkins One week after slashing prices by between 4% and 12% on their Model 3 vehicles, electric vehicle maker, Tesla (NASDAQ:TSLA) has pushed delivery windows back by one month...
Here are five bakkies expected to launch in South Africa this year, including a plug-in-hybrid model.
It appears that some car buyers were forced to settle for the undead.
(Bloomberg) -- Volkswagen AG (OTC:VWAGY) expects a recovery in China’s passenger car market growth this year once supply-chain stresses and a wave of Covid infections following the country’s...
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Volkswagen wants to expand both its higher-end and lower-end offering in the Chinese market, China chief Ralf Brandstaetter said on...
By Geoffrey Smith Investing.com -- The dollar softens and bonds rise as markets bet on a pivot from the Federal Reserve later this year. JPMorgan, Citigroup and Bank of America kick off the...
By Geoffrey Smith Investing.com -- European auto stocks fell on Friday after another price cut by Tesla (NASDAQ:TSLA) reinforced fears that demand will weaken around the world in...
FRANKFURT (Reuters) – German car company Volkswagen Group announced on Thursday promotions in its North American operations, CFO and COO Arno Antlitz posted on LinkedIn.
By Geoffrey Smith Investing.com -- The U.S. releases consumer inflation data for December (China's inflation numbers released overnight scarcely moved the dial). Stocks are treading water...
BERLIN (Reuters) -The Volkswagen Group reported a 14.3% rise in fourth quarter sales on Thursday but failed to turn around a significant drop in output in the first half of 2022, registering...
PRAGUE (Reuters) – Volkswagen unit Skoda Auto saw its global deliveries fall by 16.7% in 2022 due to parts shortages, supply chain problems and the war in Ukraine, but it expects...
By Michael Elkins Strong PHEV sales in Europe lead to a historic EV sales peak in November. Bank of America analysts believe that the boom in Europe might be driven by the upcoming subsidy...
BERLIN (Reuters) – Volkswagen brand deliveries of vehicles of all drive types were at 4.56 million in 2022, down 6.8% on the year, as semiconductor supply shortages will continue to bite...
New vehicle sales in South Africa rose in 2022, despite motorists facing challenges like high fuel prices, higher inflation, and the country's worst year of load-shedding.
Markets closed lower Tuesday after opening with a gain. Wednesday's premarket session was also trading up. Will it last?
By Geoffrey Smith Investing.com -- First the good news: 2022, a nightmare year for both stocks and bonds, is nearly over. Now the bad news: while 2023 is likely to be better, it won’t...
By Michael Elkins Volkswagen (ETR:VOWG_p) is preparing to unveil its newest electric vehicle at CES 2023 on January 3rd. Volkswagen didn't provide a lot of details, but the company said...
By Scott Kanowsky Investing.com -- Shares in Porsche AG (ETR:P911_p) rose on Monday after the sportscar maker formally joined Germany's blue-chip DAX stock index 81 days after its initial...
Volkswagen's new boss Oliver Blume will seek to rally the board and shareholders at back-to-back meetings from Thursday to support his strategy on a crucial automotive software that felled...
BERLIN (Reuters) – Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in 2-3...
BERLIN (Reuters) – Volkswagen will soon make a decision on the location of its planned battery plant in Eastern Europe and begin searching for a location in Canada, Chief Executive...
BERLIN (Reuters) – Volkswagen shareholders gathered in Berlin on Friday to vote at an extraordinary general meeting on the payout of a special dividend of 19.06 euros ($20.28) per share...
BERLIN (Reuters) – Volkswagen has fired chief designer Klaus Zyciora and is bringing in Porsche chief designer Michael Mauer from Jan. 1, business daily Handelsblatt reported on...
BERLIN (Reuters) – Volkswagen and Italy’s Enel have formed a joint venture to build 3,000 high-speed charging points across Italy for electric vehicles (EVs), investing 100 million euros...
Here are the best crossover SUVs you can buy in South Africa right now for under R400,000
PRAGUE (Reuters) – Volkswagen AG postponed its decision on the placement of a gigafactory for electric car batteries in eastern Europe by several months, CTK news agency reported on...
(Reuters) – Volkswagen expects a difficult 2023 for its financial services unit on the back of economic downturn, higher energy prices and rising interest rates.
BERLIN (Reuters) -Volkswagen will invest 460 million euros ($482 million) by early 2025 in its Wolfsburg plant, with most of the funds going into preparation for the production of the...
By Geoffrey Smith Investing.com -- Porsche (ETR:P911_p) preferred stock edged back up toward a record high in early trade in Frankfurt on Tuesday, after market operator Deutsche Boerse said...
BERLIN (Reuters) – Volkswagen and FAW’s (SASACJ.UL) plant in Chengdu, China has resumed production after a brief halt and two lines which were suspended at the carmaker’s Chengchun plant...
BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at a supervisory board meeting on Dec. 15, Handelsblatt...
BERLIN (Reuters) – Volkswagen’s battery subsidiary Powerco and Belgium’s Umicore are to extend their cooperation on cathode material to Canada, which the carmaker is considering as the...
BERLIN (Reuters) – Volkswagen software unit Cariad has agreed to buy automotive supplier paragon’s artificial intelligence specialist subsidiary, said paragon in a statement on...
By Michael Elkins Brokerage data from China Merchants Bank International (CMBI) showed BYD (OTC:BYDDY) as the top-selling brand in China in the first four weeks of November, outperforming...
SHANGHAI (Reuters) - BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen (ETR:VOWG_p) brand in a reversal...
By Nick Carey and Giulio Piovaccari LONDON/MILAN (Reuters) - The bankruptcy of Stellantis' Jeep joint venture in China could spell trouble for other global automakers whose output has...
By Jan Schwartz HAMBURG (Reuters) - Volkswagen (ETR:VOWG_p) Chief Executive Oliver Blume is reviewing plans to build its planned Trinity electric vehicles (EV) factory, a source told...
(Bloomberg) --Lamborghini is getting the Hollywood treatment.The Lionsgate biopic Lamborghini: The Man Behind The Legend opens in theaters Friday, offering audiences a big-screen account of...
(Bloomberg) -- Porsche AG (F:P911_p) is brimming with analyst favor a little over a month after its landmark initial public offering. Goldman Sachs Group Inc, JPMorgan Chase & Co., Citigroup...
By Geoffrey Smith Investing.com -- The U.S. releases its official labor market report for October, which is expected to show that hiring slowed again last month as the economy cooled....
By Peter Nurse Investing.com - European stock markets dropped Friday, with sentiment hit by the large ECB rate hike, weak results from e-commerce giant Amazon (NASDAQ:AMZN) and a hefty drop...
By Peter Nurse Investing.com - European stock markets are expected to open lower Friday, with sentiment hit by weak results from e-commerce giant Amazon (NASDAQ:AMZN) and a hefty drop in...
MEXICO CITY (Reuters) - Auto manufacturing companies Volkswagen (ETR:VOWG_p) and Continental both pledged major investments in Mexico on Thursday totaling nearly $1 billion, one of the...
(Bloomberg) -- Tesla's (NASDAQ:TSLA) Model Y was Europe’s best-selling car in September, zipping past some of the regions most popular combustion-engines models as battery-powered vehicles...
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