Volkswagen is looking for outside money in its preparation to build up to six battery cell factories in Europe by 2030, CEO Herbert Diess said on Thursday, adding he was
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Luxury automaker Aston Martin posted a smaller first-quarter loss in 2021 of 42.2 million pounds ($58.7 million) and said it will keep taking steps towards profitability, as its sales to
Japan’s Nissan Motor said on Tuesday it was selling its approximately 1.5% stake in German automaker Daimler through an accelerated bookbuild offer, after a similar move by alliance partner Renault
Franco-Italian automaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits purchased from Tesla, its CEO said in an interview released on Tuesday.
Volkswagen expects semiconductor supplies to the auto sector to remain tight in coming months, the head of the automaker’s namesake brand said on Saturday. “I think the situation will remain
Volkswagen CEO wants to follow the example of Apple and Tesla. Volkswagen prepares to design and develop its own high-powered chips for autonomous vehicles, together with the required software, CEO
The U.S. Securities and Exchange Commission (SEC) has started an inquiry into the U.S. unit of Volkswagen over a marketing stunt in which it said it was changing its name
British sports automaker Lotus said on Tuesday it will spend over two billion pounds ($2.78 billion) in new technology and in massively expanding production of its sports car models, and
Volkswagen’s Mexico unit is preparing production stoppages of two of its models next month because of an ongoing worldwide chip shortage crisis, the German automaker said on Monday. Volkswagen will suspend
The U.S. Supreme Court on Monday asked President Joe Biden’s administration to weigh in on whether Volkswagen AG can be sued by regional governments in Florida and Utah for damages
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