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Major automakers of Germany such as Volkswagen, BMW, and Daimler made a recovery from the coronavirus crisis year of 2020 well in worldwide comparison, according to a study published by
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Daimler will create 1,000 new jobs for software programmers at its S-Class production facility for developing its operating system for electric vehicles, according to a report by Automobilwoche on Sunday.
The continued shortage of semiconductors is the only factor weighing on a worldwide recovery of the car sector from the coronavirus crisis, said Herbert Diess, the CEO of Volkswagen. Demand
Sweden’s Polestar, the electric automaker controlled by Volvo Cars, and its parent, Geely, has raised $550 million in external funding, according to the company. The financing is Polestar’s first external
German automaker BMW recorded its best-ever first quarter in China as sales boosted by 97.3 percent year-on-year to 229,748 BMW and Mini brand vehicles in the first quarter of 2021,
Volkswagen should fully compensate consumers who took out loans to purchase diesel cars that were found to be fitted with defeat devices to cheat emissions tests, a German court has
Volkswagen has agreed on a wage deal with IG Metall union on Tuesday. The deal with IG Metall will see salaries increase by 2.3% from January 2022. It also includes
French automaker Citroen marked its comeback in the esteemed large sedan market on Monday with the introduction of its flagship C5 X, hoping the model will inspire its European fortunes
Australian competition regulator said on Friday the federal court rejected Volkswagen’s appeal against a record A$125 million ($95.1 million) fine on the automaker, which was part of its global emissions
Volkswagen’s luxury sports car unit Porsche AG may need to adjust production to reflect the continued shortage of automotive chips, Handelsblatt reported. “We cannot rule out that we will reduce
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