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Volkswagen on Tuesday stated engine development expert Markus Duesmann, presently head of purchasing and suppliers at competitor BMW, is to join the automaker’s management board. Duesmann is the second high-profile
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Shareholder adviser Hermes EOS stated on Wednesday it had recommended clients vote against the election of two candidates to the supervisory board of automaker Volkswagen and called for an evaluation
Volkswagen is in talks to establish a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of vehicles and assist with development of “purpose-built” vehicles
Sportscar maker Porsche AG might boost annual production capacity of its Mission E model beyond 20,000 vehicles and decide shortly about whether to electrify its Macan sports energy model, board
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 supervisors and unions are looking to suppress competition from lower-cost stablemate Skoda, move a few of its production to Germany and make the Czech brand name pay more for
Several high-end automakers recently revealed strategies to boost production of hybrid and electric vehicles, or even electrify their whole lineups. But those strategies will be overshadowed by Volkswagen’s electrification push.
Last year was good for Porsche. Not only did the automaker accomplished a new sales record in 2016 but Porsche acquired huge profits as a result-more than $17,000 per car
Tata Motors has announced the finalizing of a Memorandum of Understanding (MoU) for a long-lasting collaboration with Volkswagen Group and Skoda Auto, to check out tactical alliance opportunity for joint
The German Automakers, Volkswagen group has announced that they are planning to come up with, B-segment SUV based next generation Polo, as a strong contender for Mini Countryman, and Nissan
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