Volkswagen has raised its mid-term revenue outlook on demand for new sport-utility automobiles in emerging markets and upgraded a pretax revenue objective even as it pushes investments in electric cars
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The U.S. National Highway Traffic Safety Administration stated Friday it is starting an investigation into potential air bag failure in 415,000 Volkswagen automobiles after the the automaker released a recall
Daimler plans to invest 5 billion yuan ($755 million) in China, with its Chinese joint-venture partner, for capability to produce electric cars and the batteries that power them – part
Volkswagen’s supervisory board is talking about a five-year spending plan amounting to over 70 billion euros ($82.5 billion) to become leader in electric cars, an individual knowledgeable about the talks
Volkswagen Group stated it prepares to spend 10 billion euros ($11.8 billion) by 2025 to develop and produce all-electric and plug-in hybrid automobiles as it seeks to abide by upcoming
German automaker Audi anticipates sales volumes in China to increase highly enough in November and December to reverse a 3 percent drop there in the first 10 months of the
Volkswagen and its unions on Wednesday rebuffed allegations that the automaker’s top labor representative has been paid too much, looking to calm the waves a day after prosecutors and tax
Volkswagen stated it had followed the law in the payment of its works council chief, Bernd Osterloh, whose workplace was raided on Tuesday along with those of its chairman, finance
Volkswagen confirmed on Tuesday it has accepted to pay $69 million to settle New Jersey state diesel emissions claims, among the last major outstanding diesel legal concerns the automaker dealt
Volkswagen’s heavy-trucks brand MAN stated it will spend over 2.4 billion euros ($2.8 billion) through 2020 on upgrading plants in Europe, Asia and Africa as part of efforts to overhaul
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