Volkswagen

February European Auto Sales Drop for Sixth Consecutive Month

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of January. Sales declined by 1% year over year in ...
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Chinese Car Sales Drop 16%, Could Threaten Global Industry

Chinese car sales fell 16% in January, down to 2.37 million, according to the China Association of Automobile Manufacturers (CAAM). China is the world's largest car market after it ...
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Wall Street Still Doesn’t Believe in Ford

Ford Motor Co. (NYSE: F) has announced a broad-ranging alliance with Volkswagen. Ford's stock fell despite tremendous press coverage of the announcement. Ford continues to be the weakest of the ...
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How Bad Is Ford’s European Business?

In an announcement from Cologne, Germany, Ford Motor Co. (NYSE: F) said it is beginning talks with trade unions and other European parties as the company begins to earn some ...
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6 Most Important Things in Business Today

Volkswagen may make more vehicles in the United States. According to Reuters: Volkswagen AG’s chief executive said on Tuesday after a meeting at the White House that the German automaker ...
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European Auto Sales Decline Continued in October

The European Automobile Manufacturers Association (ACEA) on Thursday reported new vehicle registration totals in the European Union for the month of October. Sales declined by 7.3% year over year in ...
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6 Most Important Things in Business Today

Volkswagen's profits fell. According to Reuters: Volkswagen reported an 18.6 percent drop in third-quarter adjusted operating profit, weighed down by weaker vehicle sales and headwinds tied to the introduction of ...
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September Car Sales Plunge in Europe

The European Automobile Manufacturers Association (ACEA) on Wednesday reported new vehicle registration totals in the European Union for the month of September. Sales tumbled by 23.5% year over year in ...
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New CEO Won’t Save Volkswagen in America

Volkswagen has a new CEO in America. He faces things he cannot overcome, including a limited lineup of models, too many cars in categories Americans no longer buy, as well ...
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6 Most Important Things in Business Today

Asia shares dropped to lows not seen in a year and a half. According to Reuters: Share markets in Asia plunged to a 19-month low on Thursday after Wall Street’s ...
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Longtime Daimler Leader to Step Down as Industry Faces Radical Change

One of the auto industry's giants will soon leave as head of Daimler and as the chief of its Mercedes-Benz division, often considered the preeminent global manufacturer of luxury cars. ...
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6 Most Important Things in Business Today

Stock buybacks are among the reasons corporate earnings are so strong. According to The Wall Street Journal: Last December’s tax overhaul is boosting corporate profits in more ways than one. ...
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Porsche Quits Making Diesel Vehicles

In an interview with a German magazine, Porsche CEO Oliver Blume said that the company best known for its gasoline-powered sports cars will no longer produce vehicles with diesel engines. ...
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Audi Introduces Its Answer to the Tesla Model X

Volkswagen's Audi group on Monday took the wraps off the company's first all-electric luxury midsize sport utility vehicle, the Audi e-tron. The vehicle won't be available until the second quarter ...
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Volkswagen Only Sold 1399 Beetle Models in US Last Month

Volkswagen said it will discontinue production of its iconic Beetle. If U.S. sales are any indication of demand, VW almost has to drop the model. The company has made the ...
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