GitHub crosses 100 mn developers, over 10 mn in India alone
New Delhi, Jan 26 (IANS) Microsoft-owned open source developer platform GitHub has reached 100 million members globally, and is growing fast in India too where it has crossed 10 million...
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Volkswagen keeping IPO option open for charging, energy business – division chief
By Jan Schwartz HAMBURG (Reuters) – Volkswagen’s energy and charging division is keeping all options open for the long-term structure of the business, including a possible listing, the...
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Sikh found guilty of murdering father of four in UK
London, Jan 22 (IANS) Two men, including a 25-year-old Sikh, have been convicted of murdering a father of four children in a drive-by shooting in England last year, police said. Gurdeep...
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Tesla pushes delivery window in Germany following price cuts
By Michael Elkins One week after slashing prices by between 4% and 12% on their Model 3 vehicles, electric vehicle maker, Tesla (NASDAQ:TSLA) has pushed delivery windows back by one month...
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Kelley Blue Book: Used car shoppers were desperate enough last year to buy these ‘zombie’ cars
It appears that some car buyers were forced to settle for the undead.
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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 relishes competition in Chinese EV market
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Volkswagen wants to expand both its higher-end and lower-end offering in the Chinese market, China chief Ralf Brandstaetter said on...
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Dollar dips, Crypto woe, bank results, Tesla price cuts - what's moving markets
By Geoffrey Smith Investing.com -- The dollar softens and bonds rise as markets bet on a pivot from the Federal Reserve later this year. JPMorgan, Citigroup and Bank of America kick off the...
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Europe auto stocks fall as Tesla cuts prices in the U.S.
By Geoffrey Smith Investing.com -- European auto stocks fell on Friday after another price cut by Tesla (NASDAQ:TSLA) reinforced fears that demand will weaken around the world in...
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Volkswagen announces changes to Mexico, Canada supervisory boards
FRANKFURT (Reuters) – German car company Volkswagen Group announced on Thursday promotions in its North American operations, CFO and COO Arno Antlitz posted on LinkedIn.
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U.S. CPI, Disney's Peltz fight, FTX cash - what's moving markets
By Geoffrey Smith Investing.com -- The U.S. releases consumer inflation data for December (China's inflation numbers released overnight scarcely moved the dial). Stocks are treading water...
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Volkswagen Group output on the rise in Q4 after full-year 7% drop
BERLIN (Reuters) -The Volkswagen Group reported a 14.3% rise in fourth quarter sales on Thursday but failed to turn around a significant drop in output in the first half of 2022, registering...
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Auto Expo 2023 begins, Maruti Suzuki launches concept electric SUV eVX
Noida, Jan 11 (IANS) After a gap of three years, the Auto Expo-2023 started at India Expo Mart in Greater Noida on Wednesday morning. On the first day of the event, the Maruti Suzuki...
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BoA reviews record EV sales in November
By Michael Elkins Strong PHEV sales in Europe lead to a historic EV sales peak in November. Bank of America analysts believe that the boom in Europe might be driven by the upcoming subsidy...
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Volkswagen brand deliveries at 4.56 million vehicles in 2022
BERLIN (Reuters) – Volkswagen brand deliveries of vehicles of all drive types were at 4.56 million in 2022, down 6.8% on the year, as semiconductor supply shortages will continue to bite...
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Auto Expo returns after 3 years; Mahindra & Mahindra, Volkswagen and others to skip the show
Mahindra & Mahindra, Skoda, Volkswagen and Nissan along with luxury car makers like Mercedes-Benz, BMW and Audi will skip the show that was originally scheduled to be held in 2022 but was...
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Indian operations to play key role in Skoda Auto's entry into Vietnam
Chennai, Jan 4 (IANS) India is emerging as a key manufacturing hub for the Skoda Group that will venture into the Vietnamese market, the Skoda Auto Volkswagen (ETR:VOWG_p) India Private Ltd...
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S.Korean EV battery makers' market share dips in 2022
Seoul, Jan 4 (IANS) Three South Korean electric vehicle (EV) battery makers saw their global market share sink in the first 11 months of 2022 from a year earlier amid robust growth of...
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Volkswagen group's India sales rise 85% to 101,270 units in 2022
German automotive group Volkswagen's sales in India grew 85.48 per cent to 1,01,270 units in 2022, KODA AUTO Volkswagen India Pvt Ltd said on Wednesday. The group's sales in India stood at...
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Volkswagen group#39;s India sales grow 85% to 1,01,270 units in 2022
The group#39;s sales in India stood at 54,598 units in 2021.
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Volkswagen group's India sales grow 85 pc to 1,01,270 units in 2022
"While challenges around the ongoing chip shortage and increasing input costs continued, we successfully re-calibrated, taking action with agility and speed to minimise the impact of these,"...
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Inflation, China's COVID bounce, teetering crypto: what'll move markets in 2023
By Geoffrey Smith Investing.com -- First the good news: 2022, a nightmare year for both stocks and bonds, is nearly over. Now the bad news: while 2023 is likely to be better, it won’t...
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Volkswagen to reveal new EV at CES 2023
By Michael Elkins Volkswagen (ETR:VOWG_p) is preparing to unveil its newest electric vehicle at CES 2023 on January 3rd. Volkswagen didn't provide a lot of details, but the company said...
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Hyundai is now world’s third largest carmaker; only behind Toyota, Volkswagen
While in India, Hyundai is the second best-selling car brand, apart from being the biggest exporter of vehicles, globally, it's now the third largest carmaker.
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Hyundai becomes 3rd largest carmaker, set to overtake Toyota, Volkswagen
While Toyota Motor Corp. and Volkswagen AG vie each year for pole position atop the global automobile industry, Hyundai has quietly slipped in behind them, surpassing General Motors Co.,...
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Porsche shares climb after sportscar maker enters blue-chip German index
By Scott Kanowsky Investing.com -- Shares in Porsche AG (ETR:P911_p) rose on Monday after the sportscar maker formally joined Germany's blue-chip DAX stock index 81 days after its initial...
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Volkswagen to refocus on raising productivity, warns of challenging 2023 – finance chief
BERLIN (Reuters) – Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in 2-3...
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Volkswagen: decision on location of battery plant in eastern Europe coming soon
BERLIN (Reuters) – Volkswagen will soon make a decision on the location of its planned battery plant in Eastern Europe and begin searching for a location in Canada, Chief Executive...
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Volkswagen shareholders to vote on special dividend from Porsche listing
BERLIN (Reuters) – Volkswagen shareholders gathered in Berlin on Friday to vote at an extraordinary general meeting on the payout of a special dividend of 19.06 euros ($20.28) per share...
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Volkswagen Virtus, Taigun, Tiguan prices to RISE from January 1, 2023: Details here
Volkswagen will soon hike the prices of its Indian range, which comprises Tiguan, Taigun, and Virtus, although the exact quantum of the hike remains unknown.
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After Maruti Suzuki & Tata Motors, Volkswagen set to increase prices of all cars
The Volkswagen line-up includes Polo, Vento, Taigun, Tiguan and the new sedan Virtus. The company currently has a network of 157 sales touchpoints across 117 cities in India.
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Volkswagen replaces chief designer with Porsche hire – Handelsblatt
BERLIN (Reuters) – Volkswagen has fired chief designer Klaus Zyciora and is bringing in Porsche chief designer Michael Mauer from Jan. 1, business daily Handelsblatt reported on...
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Volkswagen and Italy’s Enel launch joint venture for high-speed charging
BERLIN (Reuters) – Volkswagen and Italy’s Enel have formed a joint venture to build 3,000 high-speed charging points across Italy for electric vehicles (EVs), investing 100 million euros...
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IPOs to Hit D-Street in the Week Ahead: Sula Vineyards & More
By Malvika Gurung Investing.com -- The week starting Dec 11, 2022, is packed with three initial public offerings (IPO) listings on the domestic market, with the country’s largest winemaker...
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Markets looking for final burst before year end
This brings us close to the level where the rally must commence again in the next couple of days. If that does not happen, there could be another sharp round of selling which would emerge....
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Volkswagen postpones decision on gigafactory in eastern Europe by several months -CTK news agency
PRAGUE (Reuters) – Volkswagen AG postponed its decision on the placement of a gigafactory for electric car batteries in eastern Europe by several months, CTK news agency reported on...
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Volkswagen expects difficult 2023 for financial services unit
(Reuters) – Volkswagen expects a difficult 2023 for its financial services unit on the back of economic downturn, higher energy prices and rising interest rates.
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Volkswagen to invest $482 million in electrifying Wolfsburg plant
BERLIN (Reuters) -Volkswagen will invest 460 million euros ($482 million) by early 2025 in its Wolfsburg plant, with most of the funds going into preparation for the production of the...
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Porsche up on DAX promotion; Puma shrugs off exclusion
By Geoffrey Smith Investing.com -- Porsche (ETR:P911_p) preferred stock edged back up toward a record high in early trade in Frankfurt on Tuesday, after market operator Deutsche Boerse said...
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HSBC rates Porsche AG as new 'Hold', citing 'bright future' for sports car maker
By Scott Kanowsky Investing.com -- HSBC has initiated its coverage of Porsche AG (ETR:P911_p) with a "Hold" rating, arguing that that the sports car maker has a "bright future" due to its...
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Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt
BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at a supervisory board meeting on Dec. 15, Handelsblatt...
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Volkswagen inks battery deals with Belgium’s Umicore, Canadian govt
BERLIN (Reuters) – Volkswagen’s battery subsidiary Powerco and Belgium’s Umicore are to extend their cooperation on cathode material to Canada, which the carmaker is considering as the...
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Volkswagen’s Cariad to buy paragon’s AI subsidiary
BERLIN (Reuters) – Volkswagen software unit Cariad has agreed to buy automotive supplier paragon’s artificial intelligence specialist subsidiary, said paragon in a statement on...
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BYD tops the charts in China; Tesla doubles sales
By Michael Elkins Brokerage data from China Merchants Bank International (CMBI) showed BYD (OTC:BYDDY) as the top-selling brand in China in the first four weeks of November, outperforming...
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