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    Ford, Volkswagen join forces on electric, autonomous cars

    12 Jul 2019

    Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs while positioning VW as the initial winner.

    Volkswagen raises forecast for electric car production

    27 Dec 2019

    Automaker Volkswagen is raising the bar for its plunge into battery powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned.

    Volkswagen posts $10.7 billion profit

    26 Feb 2021

    Volkswagen said on Friday it made better than expected profit of 8.8 billion euros ($10.7 billion) after tax in 2020 despite the pandemic. The world’s No. 2 automaker said the rapid recovery of China,

    Fiat and Peugeot seal merger to become Stellantis

    16 Jan 2021

    Fiat Chrysler and Peugeot SA sealed their long-awaited merger on Saturday to create Stellantis, the world’s fourth-largest auto group with deep enough pockets to fund the shift to electric driving and take on bigger rivals Toyota and Volkswagen.

    Volkswagen sees higher competition later this year

    06 May 2023

    Volkswagen sees higher competition later this year as supply chain bottlenecks ease and China’s electric car market heats up, the carmaker said on Thursday,

    SUVs, cost cuts help Volkswagen

    02 May 2019

    Sales of sports utility vehicles (SUVs) and cost cuts helped Volkswagen (VW) shrug off a 1 billion euro legal charge and meet first-quarter operating profit forecasts on Thursday, sending its shares 3.3 per cent higher. Earnings before interest and taxes (EBIT) fell to 3.9 billion euros ($4.37 billion) from 4.2 billion a year earlier but were in line with the 3.92 billion euros expected by analysts.

    Volkswagen sales drop by a fifth in Europe

    15 Jul 2022

    Volkswagen Group sales fell by around a fifth in the first half of this year from a year earlier, company data showed on Friday, led by a steep drop in Europe, but battery-electric sales were boosted by growth in China.

    Porsche races higher after landmark $72 billion listing

    29 Sep 2022

    Porsche AG shares made a strong start on Thursday after Volkswagen defied volatile markets to list the sports car brand at a valuation of 75 billion euros ($72 billion) in Germany’s second-biggest market debut.

    In Ethiopia, busted VW Beetles get a new look for youth

    16 Sep 2019

    Love for the Beetle in Ethiopia goes back decades and is rooted in both economics and nostalgia. Volkswagen is hoping to capitalise on this goodwill.

    Volkswagen eyes big stake in JAC

    11 Apr 2019

    Volkswagen is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said. The move by VW, the largest foreign automaker in China, to buy into Anhui Jianghuai Automobile Group (JAC Motors) is the latest by foreign automakers to boost ownership

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