VW Accelerates Electric Vehicle Outlook
In September, Volkswagen introduced its new all-electric ID.3 sedan, along with a plan to have the car on the road by the summer of 2020. The announced goal for the ...Read Full Story »
Volkswagen
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As German Car Companies Layoff, Can Ford And GM Be Far Behind?
In the last few days, Volkswagen's Audi division management said it will cut as many as 9,500 people. BMW management has stated it will cut many people as well. Today, Mercedes ...Read Full Story »
Is Ford Junk?
There are many reasons to doubt the turnaround plans of Ford Motor Co. (NYSE: F) CEO Jim Hackett. Ford U.S. sales have stagnated. Sales in China, the world's largest car ...Read Full Story »
Tesla’s Move Into Europe May Not Be Through Volkswagen
Tesla Inc. (NASDAQ: TSLA) shares made a handy gain early on Thursday after mixed reports surfaced as to whether German auto manufacturer Volkswagen would be looking to take a stake ...Read Full Story »
July Car Sales to Be Flat, VW to Jump
Despite worries that strong car sales in the United States cannot continue, experts expect that July sales have been strong. Helping to lead the way, once embattled Volkswagen had a ...Read Full Story »
Ford, VW: Tying Two Rocks Together Does Not Make Them Float
When Ford Motor Co. (NYSE: F) and Volkswagen announced an alliance in January, investors were underwhelmed. Since that announcement, not much has happened. Until Friday morning. Ford and VW have ...Read Full Story »
Longest-Running Car Models
American, European, and Asian car makers have produced hundreds of car models since car manufacturing became a big business at the turn of the 19th century. Only 27 models, however, ...Read Full Story »
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 ...Read Full Story »
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 passed ...Read Full Story »
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 ...Read Full Story »
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 ...Read Full Story »
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 ...Read Full Story »
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 ...Read Full Story »
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 ...Read Full Story »
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 ...Read Full Story »
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