SAIC and Audi partner to accelerate EV advancement
Chinese automaker SAIC Motor Corp Ltd (SS:600104) on Thursday officially announced a partnership with German luxury car company Audi to fast-track the advancement of electric vehicles...
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Volkswagen's efforts to boost valuation stifled by lack of succession plan
The market needs to know who will take over when the octogenerian heads of its controlling shareholder - the Porsche-Piech family clan - retire, according to Deka, Union Investment and DWS,...
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Kelley Blue Book: 18 new EVs to watch for in 2024
These are the mainstream models of electric cars, trucks, and SUVs coming to the U.S. market in 2024 and beyond
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VW set to test driverless electric vans in Austin, Texas
VW set to test driverless electric vans in Austin, Texas
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: Volkswagen to start testing self-driving electric vans on streets of Austin
Volkswagen said Thursday the test program will start with two vehicles this July, and expand to a fleet of 10 ID Buzz electric vans by the end of this year.
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Volkswagen will start testing self-driving cars in Austin as it moves on from Argo AI
Volkswagen will deploy about 10 of its ID Buzz electric vans equipped with autonomous-driving systems developed with Mobileye by the end of 2023.
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Goodbye, Volkswagen: China's New EV Winners
The new top dogs in China’s electric vehicle market are starting to thin out the pack. Tesla is in the running, but most other foreign brands aren’t.
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Volkswagen Virtus GT DSG launched in India at Rs 16.19 lakh, details here
German carmaker Volkswagen Virtus GT DSG will be available in each of the seven varieties- Wild Cherry Red, Curcuma Yellow, Carbon Steel Grey, Rising Blue, Candy White, Lava Blue and Reflex...
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Head of Volkswagen in China asked Premier Li Qiang for clarity on new anti-espionage law
Earlier this year concerns were raised over China's new law against espionage that tightens state control over a wider swath of data and digital activities. As posted back then:“The business...
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Volkswagen China chief seeks clarity on data transfers from Chinese premier Li Qiang
Volkswagen is also investing around €1 billion ($1.10 billion) in a new development and procurement centre for electric vehicles in Hefei, China due to open in 2024, further ringfencing its...
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Volkswagen AG lifts return-on-sales target, prioritizing value creation
On Wednesday, Volkswagen AG (OTC:VWAGY) (ETR:VOWG_p) announced that it has raised its revenue and profit-margin goals. The company also stated that it plans to prioritize value creation over...
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Volkswagen sets 5-7% revenue growth target, preaches cost discipline
The German carmaker has set "performance programmes" for each brand, allocating them capital and setting a specific return on sales target, but delegating responsibility to the brands for...
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Volkswagen offering up to Rs 1.40 lakh discounts on Taigun and Virtus
It is likely that buyers can avail of discounts over and above these offers as they finalise their purchase
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Volkswagen prepping its 7-seater SUV Tayron, India launch likely in 2025
The Tayron will replace the seven-seater Tiguan AllSpace which is set to retire after its current generation
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Volkswagen to hold series of capital market days for brands, software and battery units
At its capital markets day next Wednesday, the company will present an overview of the group's targets in the next 3-4 years.
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Modified Volkswagen Virtus 1.0L TSI With Stage-2 Tune Is As Powerful As 1.5L GT Trim
This stage-2 tuned Volkswagen Virtus 1.0L TSI now makes as much as power as the larger 1.5L TSI motor that is available on the GT trims of the saloon.
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Volkswagen Virtus GT Plus MT Launched In India At Rs 16.89 Lakh, Variant Line-Up Rejigged
Volkswagen India has introduced new GT Plus and GT Edge versions of the Virtus and Taigun in India, along with the introduction of the Virtus GT Manual.
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Volkswagen launches new trims of Virtus, Taigun with 1.5 ltr TSI EVO engine
Volkswagen Passenger Cars India on Thursday said it has launched new trims of its mid-sized sedan Virtus and Taigun sports utility vehicle. The company has introduced the Virtus with a...
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Volkswagen introduces new trims of Virtus, Taigun
"With its strong legacy of fun-to-drive, the GT badge was introduced on the Performance Line (1.5l TSI EVO engine) variants of Taigun and Virtus. Today, we are taking a step further and...
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As US races head, Europe frets about battery factory subsidies
European carmakers are frantically trying to build the supply chains they need to churn out electric vehicles.
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Gotion High-Tech launches 1000km range EV battery
Chinese battery maker, Gotion High-Tech (SZ:002074) on Friday launched its in-house L600 Astroinno battery cell and pack under the LMFP lineup at the 12th Gotion Technology Conference. The...
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'We are not setting up a joint venture', VW and Bosch cancel plans for battery cells
Bosch announced Thursday along with German carmaker, Volkswagen (ETR:VOWG_p) that the two companies have canceled their plans to create a joint venture to equip battery cell factories. The...
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Only 10 Electric Vehicles Qualify for Full $7,500 US Tax Credit
(Bloomberg) -- Only 10 electric and plug-in hybrid vehicles will qualify for $7,500 federal tax credits in the US after stricter battery-sourcing rules take effect and render most plug-in...
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Toyota Sees Vehicle Output Recovery in 2023, With Some Risks
(Bloomberg) -- Toyota Motor Corp. (NYSE:TM) expects vehicle production to exceed pre-pandemic levels, forecasting output of as many as 10.6 million vehicles during 2023 while warning...
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Volkswagen Sees China Market Accelerating After Tough First Quarter
(Bloomberg) -- Volkswagen AG (OTC:VWAGY) expects a recovery in China’s passenger car market growth this year once supply-chain stresses and a wave of Covid infections following the country’s...
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Volkswagen postpones decision on Eastern Europe gigafactory location
By Michael Elkins Volkswagen (ETR:VOWG) has announced that the company is postponing its decision on where to build a planned battery cell gigafactory in eastern Europe. The automaker cited...
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Porsche Stock Is a Wall Street Darling With 22% Surge Since IPO
(Bloomberg) -- Porsche AG (F:P911_p) is brimming with analyst favor a little over a month after its landmark initial public offering. Goldman Sachs Group Inc, JPMorgan Chase & Co., Citigroup...
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Stellantis Considers Ending All Carmaking in China After Jeep Exit
(Bloomberg) -- Stellantis NV may stop manufacturing cars in China as geopolitical tensions escalate and western manufacturers cede market share to domestic players.The producer of Peugeot...
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