People look at the Volkswagen id buzz electric car during the press day at the Los Angeles Auto Show in Los Angeles, California, November 17, 2022. Mike Blake | Reuters Volkswagen on Tuesday announced...
Tag: Volkswagen
Ford Europe’s 2030 All-Electric Target Poses Harsh Questions
Ford Fiesta a front-wheel-drive supermini/subcompact getty Ford Europe is pinning its long-term future on an all-electric policy as it cuts capacity and jobs while ending production of traditional hig...
How Leaders Blend Data And Intuition To Make Better Decisions
During the rise of digital transformation over the past two decades, the promise of data has loomed large. No doubt, data is essential for understanding your customers, growing your business, and meas...
7 EVs That Qualify for a Tax Credit—and Cost Less Than the Average New Car
Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....
Exxon Mobil Stock Should Shine, Even in a Recession
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Volkswagen Faces 2023 Profit Hit, While Its Biggest Challenge Is Electric
Volkswagen ID Buzz electric van. (Photo by JOHN MACDOUGALL/AFP via Getty Images) AFP via Getty Images Like its European competitors, Volkswagen’s profits could halve in 2023. Its challenge of opaque g...
Volkswagen Sees EVs As Key To Making U.S. A Reliable ‘Third Leg’
The Volkswagen Group plant in Chattanooga, Tennessee. Volkswagen Volkswagen has been trying to join the top tier as a domestic automaker in the United States beginning with its ill-fated assembly-plan...
‘We are treading water:’ An energy crisis is grinding European industry to a halt as the U.S. and China race ahead, Volkswagen warns
Europe’s energy crisis is leaving the continent’s industry at a standstill, and its biggest car manufacturer says competitors are racing ahead as EU governments fail to provide enough support. Energy ...
Elon Musk Has the Next Tesla CEO in Mind. There Are a Few Candidates.
Tesla board member James Murdoch said Elon Musk knows who could run Tesla after him. It might have been a throwaway line said while being questioned in a trial. Still, it’s a chance for investors to ...
Despite German Auto Maker Strengths, 2023 Profit Prospects Look Challenging
BMW i7 electric car was the hole in one prize at the BMW International Open in Munich, Germany. … [+] (Photo by Stuart Franklin/Getty Images) Getty Images Germany’s auto manufacturers have been ...
Volkswagen and Porsche’s Earnings Don’t Make a Lot of Sense. The Numbers, Explained.
Text size Investors should ask themselves why Volkswagen is worth nothing when its stake in Porsche is backed out. AFP via Getty Images European auto makers Volkswagen and Porsche both reported third ...
Tesla Humiliates Volkswagen, Mercedes – TheStreet
In the race for electric vehicles, every detail counts because it can make the difference. And there are often details that can give a significant psychological advantage to some of the players or un...
Porsche flips Volkswagen to become Europe’s most valued automaker at €85 billion
German automobile manufacturer Porsche has officially overtaken its parent company Volkswagen as the most valuable vehicle maker in Europe. Porsche attained the status on October 6, with a valuation ...
Volkswagen Seeks to Raise $9.4 Billion in Porsche IPO
(Bloomberg) — Volkswagen AG is looking to raise as much as 9.4 billion euros ($9.41 billion) from the initial public offering of its iconic sports-car maker Porsche AG in what could be Europe’s ...
Volkswagen drives into danger with €85bn Porsche sale
porsche – Marlene Awaad/Bloomberg Vladimir Putin, having assembled thousands of soldiers on Ukraine’s eastern borders, gave the order for them to advance west, triggering the most destructive Eu...
Volkswagen and Porsche Take a Huge Risk With a Big Bet
Nothing stops Volkswagen (VLKAF) . Not Russia’s energy war on the European Union. Moscow has decided to cut gas supplies to Europe before the cold autumn and winter months because of the countr...
Audi confirms Formula 1 entry from 2026 as sport welcomes Volkswagen brand
The luxury brand is expected to have a tie-up with Sauber, although have only announced they are manufacturing engines from 2026 so far. Florian Gaertner | Photothek | Getty Images Audi has confirmed ...
Innoviz wins $4 billion dollar Volkswagen lidar contract
In this photo illustration a Innoviz Technologies logo is displayed on a smartphone. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Israeli lidar maker Innoviz announced Tuesday it has won...
VW’s Diess Goes, As Flawed Governance Foils Another Leader
Herbert Diess, chief executive officer of Volkswagen AG, who is leaving at the end of August. … [+] Photographer: Krisztian Bocsi/Bloomberg © 2022 Bloomberg Finance LP A software spat probably t...
Volkswagen CEO Diess to depart; Porsche boss Blume will lead the German auto giant
Herbert Diess, CEO of Volkswagen Sean Gallup | Getty Volkswagen CEO Herbert Diess will leave the company at the end of August, the company said Friday. Oliver Blume, currently the CEO of Volkswagen su...
VW Chief Diess To Leave, Replaced By Porsche’s Blume
VW’s Herbert Diess (Photo by Sean Gallup/Getty Images) Getty Images Volkswagen said Friday Group CEO Herbert Diess is stepping down, an unexpected move that will shock investors. The move came a...
Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears
BERLIN—Volkswagen AG largest shareholder, Porsche Automobil Holding SE said it would acquire 25% plus one additional share of the voting stock in Porsche AG when VW lists the sports-car brand, which c...