Volkswagen

European Auto Sales Rise 7.1% in January; Ford Pulling Even With FCA

The European Automobile Manufacturers Association (ACEA) reported Thursday that new vehicle registrations in the European Union (EU) jumped by 7.1% in January, compared with new registrations in January of 2017. ...
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Volkswagen Delivers Record Sales in 2017, More Than Half in China

Volkswagen reported Monday morning that worldwide deliveries of the company's Volkswagen brand vehicles reached a record high of 6.23 million units in 2017. The results are 4.2% better than the ...
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Nvidia Gets Into the Car Business

Chip maker Nvidia Corp. (NASDAQ: NVDA) has set deals that get it into businesses that it claims are the future of the driving industry. It picked two prominent partners as ...
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December Car Sales Expected to Fall, Led by Sharp Drops at Fiat Chrysler, VW

December car sales are expected to fall nearly 6% compared to December of last year. That will not keep 2017 sales from being near record levels. However, a few car ...
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6 Most Important Business Stories Today

The U.S. government claims Facebook Inc. (NASDAQ: FB) allowed employers to target potential workers by age. According to Reuters: Several U.S. employers engaged in age discrimination by placing recruitment ads ...
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Audi Recalls 52,000 Cars to Fix Fuel Line Leak

Volkswagen Group of America has agreed to recall more than 48,000 Audi A6 and A7 vehicles sold in the United States and more than 3,500 sold in Canada for model ...
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Volkswagen’s $40 Billion Offensive

Volkswagen's dictionary of terms used by management includes a word that most other car manufacturing executives don't use. The German giant is about to go on the "offensive" as it ...
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Volkswagen Accelerates Electric Car Effort With $40 Billion Investment

German automaker Volkswagen on Friday announced an investment of $40 billion by the end of 2022 in "electric mobility, autonomous driving, new mobility services, and digitalization." Most of the investment ...
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Volkswagen Profit Drops 48% on Dieselgate Charges

Germany-based automaker Volkswagen reported third-quarter results Friday morning. The company posted a year-over-year revenue increase of 5.8% in the quarter to €55 billion and a year-to-date gain of 6.8% to ...
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Toyota Does Not Want to Be World’s No. 1 Car Company

Toyota Motor Corp. (NYSE: TM) has no interest in elbowing its way to the number one spot among auto manufacturers in terms of unit sales. That means it will not ...
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Fiat Chrysler Sales to Fall 11% in October While Volkswagen’s Rise 12%

October car sales are not expected to change much from the same month a year ago. However, U.S. sales of two major manufacturers are expected to diverge considerably. New research ...
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Ford September European Sales Regains Lead Over Fiat Chrysler

The European Automobile Manufacturers Association (ACEA) reported Tuesday that new vehicle registrations in the European Union (EU) fell 2% in September compared with new registrations in September of 2016. New ...
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VW Boosts US Warranty, Adds $2.9 Billion to Diesel Cheating Costs

Volkswagen's U.S. division on Friday introduced a new six-year/72,000-mile warranty on most new VW vehicles sold in the United States. The company calls it the "People First Warranty." Not only ...
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5 Most Important Things in Business Today

Revised figures from the U.S. Department of Commerce show that second-quarter gross domestic product rose 3.1%. There is worry about the third quarter. According to Reuters: The U.S. economy expanded ...
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Ford European Sales Draw Even With Fiat Chrysler

The European Automobile Manufacturers Association (ACEA) reported Thursday that new vehicle registrations in the European Union (EU) rose 5.6% in August compared with new registrations in August of 2016. New ...
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