Hints and tips:
Related Special Reports
...Brands in the mid-to-low price range have been most affected, according to Calista Muskitta, an analyst at Indonesian bank BCA Sekuritas....
...Brazilian media outlet Exame reported that Volkswagen and Chinese battery maker CATL were bidders....
...The country has been plagued by high interest rates, low export demand and high energy prices triggered by Russia’s invasion of Ukraine in 2022....
...Volkswagen said “despite ongoing high price discounts, particularly from local [Chinese] OEMs [original equipment manufacturers]” its pricing model in the country was “sustainable”....
...Volkswagen, which previously accounted for almost one in five cars sold in China, has seen its market share in electric vehicles fall to less than 5 per cent....
...“We are aware of Volkswagen’s low [stock market] valuation but do not see any catalyst that could offset the discount to peers.” Shares in VW have fallen more than 50 per cent over the past 18 months....
...Brasília’s leftwing administration is offering tax breaks and incentives to companies producing low-emissions vehicles....
...Will Xi Jinping’s pivot to high-tech manufacturing be enough to boost the country’s economy?...
...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....
...German companies have a strong presence in China’s markets, particularly groups such as Volkswagen and BASF, complicating Germany’s position on protectionist measures....
...Many foreign carmakers, including Toyota, Volkswagen and Mercedes, have unionised workforces in their home countries, with an employee representative who sits on their boards to represent the union’s interest...
...The most obvious example is Slovakia, where carmakers including Volkswagen, Peugeot, Kia and Jaguar Land Rover have built factories, lifting annual vehicle production from close to 200,000 in 2004 to more...
...Volkswagen has been using Fanuc’s robots for about a decade....
...We talked about 5G, 6G and low Earth orbit satellite communications on the way....
...First, it was Germany’s Volkswagen announcing a series of groundbreaking tie-ups with Chinese tech groups....
...More than 100 countries led by the US and Europe signed up in 2021 to a global methane pledge to cut emissions 30 per cent by the end of the decade....
...Foreign carmakers’ sales in China — the world’s biggest car market — have sunk to a record-low market share of 40 per cent....
...Vehicles with low driving ranges lost support first. The low-tech producers were either barred from entering the market or forced to exit it....
...As evidence that foreign carmakers are realising the advantages, he points to Volkswagen’s $700mn tie-up with Chinese rival Xpeng last year....
...An intense price war across the Chinese auto sector is only heaping more pressure on legacy carmakers, including top foreign players Toyota, Volkswagen and GM, which have been slower to release popular low-cost...
...It has a deep water port, and it’s located near important parts of the country....
...The boss of the Belgian producer of cathode materials for EV batteries, which counts Volkswagen, BMW and China’s Envision AESC among its customers, added that US carmakers were also pulling back on factory...
...Wealthier and older households in the US have been insulated from higher borrowing costs by the country’s predilection for 30-year mortgages, locking in interest rates at ultra-low pre-pandemic levels....
...Since acquiring Rise, Ark has remained tight-lipped over which European countries it will target....
...A rare bright spot for European manufacturers comes from Volkswagen, which has successfully increased sales in China to compensate for the slowdown at home....
International Edition