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...Cruise has since brought in law firm Quinn Emanuel — one of the law firms that sued Volkswagen over the 2015 diesel scandal — to investigate its response to the accident....
...VinFast, the newly listed Vietnamese carmaker that was briefly worth more than Volkswagen and General Motors, has lost more than $1.4bn this year, despite increasing shipments of electric vehicles....
...The firm has already struck a £193mn settlement with Volkswagen over claims it misled consumers about nitrogen oxide emissions from its diesel cars....
...Weeks after its 2021 initial public offering, Rivian, the lossmaking California-based electric truckmaker, was briefly worth more than Volkswagen....
...Last week the electric vehicle maker was briefly valued at more than the combined worth of Ford, General Motors and Volkswagen....
...Despite selling just 24,000 cars last year, Vietnam’s VinFast this month soared into the ranks of the world’s most valuable automakers — far surpassing rivals such as Volkswagen, Ford and General Motors,...
...These included buyouts of food blog The Infatuation and luxury travel agent Frosch, and the purchases of a controlling stake in Volkswagen’s payments arm as well as a minority stake in the Brazilian digital...
...Argo AI, a self-driving vehicle group jointly backed by Ford and Volkswagen, is abruptly shutting down operations after six years of development....
...Volkswagen’s automotive software subsidiary Cariad is investing $2bn in a partnership with Chinese chipmaker Horizon Robotics....
...Volkswagen has said it is planning to list shares in Porsche, the German group’s moneymaking brand that has pledged to make 80 per cent of its cars electric by the end of the decade....
...Lohscheller, who was previously chief executive of Germany’s Opel and worked in the US for Volkswagen, said VinFast would open 60 stores in California and bypass third-party dealers — a sales channel also...
...This year has brought a measure of vindication, as companies ranging from Ford to Volkswagen to Mercedes-Benz have unequivocally committed their futures to electric vehicles....
...Related Links:The day Volkswagen briefly conquered the world — FT AlphavilleMelvin Capital, GameStop and the road to disaster — FTPorsche LLC?...
...Premier League boss attacks breakaway ‘Super League’ plan (FT) Barclays restarts dividend despite drop in profits (FT + Lex) Litigation and writedowns push Credit Suisse to fourth-quarter loss (FT) Volkswagen's...
...Herbert Diess, Volkswagen’s chief executive, said his company “is ready” for the transition to electric vehicles....
...Demand for such metals is set to rise rapidly over the next decade as carmakers from Tesla to Volkswagen expand production of electric vehicles....
...Volkswagen AG has named company insider Arno Antlitz as its chief financial officer, who is the current CFO of its luxury Audi brand. He will succeed Frank Witter, who will step down in June 2021....
...It has grown to offer a suite of tools to survey customer and employee feedback, and its 12,000 customers include Microsoft, Volkswagen, Shell and the UK’s NHS....
...(Vanity Fair) Powering up Volkswagen chief Herbert Diess isn’t giving up on the German carmaker’s aspirations to enter the electric car ring, competing with the likes of Tesla and the Renault-Nissan alliance...
...That could be a blow to Aurora, coming 13 months after Volkswagen ended its relationship in favour of investing in rival Argo AI. A month ago Amazon acquired driverless start-up Zoox for $1.3bn....
...Meanwhile, the ride-hailing company Uber and AV group Argo — now jointly controlled by Ford and Volkswagen — have also brought in multibillion-dollar investments....
...Electric cars are easier than autonomous ones, yet Volkswagen's plan to produce 26m emission-free vehicles in the next nine years — while making them as profitable as petrol ones and leapfrogging Tesla to...
...Volkswagen is to establish a flagship self-driving technology company in an attempt to take on the dominance of Silicon Valley rivals such as Google’s Waymo....
...Job moves Renault has named Luca de Meo, a former Volkswagen and Fiat executive, as its chief executive as the French carmaker looks to stem falling sales and repair a fractured relationship with Japanese...
...VW takes on Waymo VW is to establish a flagship self-driving technology company called Volkswagen Autonomy....
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