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...Volkswagen and Chinese start-up Xpeng have sealed an agreement on jointly developing two electric vehicles, offering new details of a partnership aimed at securing footing amid cut-throat competition in...
...Albert Bridge Capital holds shares in Porsche SE, which is part owner of Volkswagen....
...“Volkswagen Group China’s e-offensive is taking effect,” said VW’s China head Ralf Brandstätter....
...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
...Volkswagen lost the crown as the world’s largest carmaker by sales to Toyota in 2016 in the wake of its diesel emissions scandal....
...Audi is looking into manufacturing electric cars in the US, including using space in a $2bn plant being built by parent company Volkswagen in South Carolina....
...Volkswagen Group said its deliveries of battery electric vehicles to Europe in the first three months of this year fell by a quarter compared with the same period in 2023, compounding the challenge facing...
...The closely watched election underscores the resurgence of the labour movement in America....
...The Wolfsburg-based group was one of the first western companies to enter China in the late 1970s and makes roughly half of its profits in the country....
...At Volkswagen, group profits in the three months to March 31 fell by a fifth on the same period last year to €4.6bn, largely because of falling resale values and supply problems at Audi, one of its most...
...China has been accused of widespread human rights abuses against Uyghur and other Muslim groups in the region....
...Volkswagen said its group operating result fell to €4.6bn in the three months to March 31, a 20 per cent drop from a year earlier, driven by lower sales and supply chain issues at Audi, one of its most profitable...
...Total hybrid sales of about 1.2mn cars matched EV sales figures. For Toyota, hybrid sales increased 47 per cent year on year in the December quarter, far outpacing total group sales growth of a tenth....
...James’s Place, Thales Group, Volkswagen and Whitbread will post results....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...In March 2023, another Russian court seized $204mn worth of Volkswagen’s assets in Russia pending a lawsuit by its former partner Gaz Group, owned by sanctions-hit oligarch Oleg Deripaska....
...Other carmakers such as Mercedes and Volkswagen have reported a slowdown driven by lower demand and higher fixed costs....
...This article has been amended to correct Volkswagen Group’s number of employees...
...“These historic union victories are not only improving the lives of union members, but that is beginning to spill over into the lives of non-union workers in America as well,” he said....
...“Ever since the diesel scandal, the flaws [in Volkswagen’s governance] have become clearly evident,” said Bert Flossbach, co-founder of Flossbach von Storch, which has €70bn of assets under management and...
...One of the most popular Rolls-Royce features is a night sky scene of tiny dimmable fibre optic lights installed in the roof of the car, allowing chauffeur-driven stargazing....
...These should convert to deliveries in the second half of 2024. Volkswagen reported a 154 per cent year-on-year increase in its BEV order book in Europe in the first quarter....
...Volkswagen has cut its full-year profit guidance after announcing losses of €2.5bn because of negative effects from raw material hedging....
...FMX is part of brokerage BGC Group, of which Lutnick is chair and chief executive....
...In another example, Shenzhen-based Appotronics, which provides laser projectors for nearly half of China’s cinemas, will supply BMW with laser technology for some of the German group’s latest in-car displays...
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