Volkswagen AG
Porsche warns of tumble in profitability but hikes dividend on sturdy 2023 effects
The Porsche Mission X on show at the IAA Mobility 2023 demonstrate in Munich, Germany. Arjun Kharpal | CNBC Porsche on Tuesday warned that profitability will decrease this 12 months as it launches new products amid rough financial situations, but hiked its dividend on the back again of a increase in 2023 working earnings. The […]
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Volkswagen sets up its personal AI lab as motor vehicle market appears to embrace the tech
Volkswagen, like other car giants, are pushing closely into AI to improve their technological know-how qualifications and make their cars smarter. Ismail Aslandag | Anadolu through Getty Visuals German automaker Volkswagen has set up its possess synthetic intelligence lab, the business said Wednesday, reflecting increasing ambitions from the vehicle market to undertake the buzzy technological […]
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China arrives just shy of Japan as the entire world's biggest car exporter
LIANYUNGANG, CHINA – JANUARY 17, 2024 – A large quantity of vehicles are completely ready to be delivered for export at the port of Lianyungang, Jiangsu province, China, January 17, 2024. (Photograph credit score must examine CFOTO/Future Publishing by way of Getty Illustrations or photos) Potential Publishing | Long run Publishing | Getty Illustrations or […]
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Renault shares bounce following scrapping options to checklist Ampere EV unit
A Renault Scenic electric car (EV) at the Munich Motor Show (IAA) in Munich, Germany, on Tuesday, Sept. 5, 2023. Bloomberg | Getty Pictures Shares of French auto maker Renault jumped 5% in early discounts on Tuesday, following the company canceled options to publicly list its new electric powered car or truck and software small […]
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China’s EV gamers ramp up levels of competition with Tesla employing new tech
The front seats of the Aito M9 SUV can be modified to produce reclining chairs for the next row. Travellers can look at a film on the roll-down projector monitor while storing beverages in a refrigerator compartment. CNBC | Evelyn Cheng BEIJING — Sizzling competition in China’s electrical automobile market place is pushing community automakers […]
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Volkswagen and additional: Barclays names European ɼonviction' inventory tips — and presents 1 59% upside
Barclays has manufactured an upbeat forecast for shares in 2024, anticipating larger, but much more moderate, returns than the outstanding gains of final calendar year. The investment decision bank thinks stocks still have room to rise if inflation carries on slowing, letting central financial institutions to at some point reduce fascination rates. “Significantly dislocation remains […]
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UAW files unfair labor practice charges against Hyundai, Honda and VW, accusing them of union busting
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers has filed unfair labor practice charges with the National Labor Relations Board against Honda Motor, Hyundai Motor and Volkswagen, accusing the automakers of unlawfully interfering […]
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China’s changeover to EVs is so rapidly that Volkswagen is on monitor for its worst community revenue in decades
Volkswagen’s ID.7 is set for release in Europe and China in the tumble of 2023, and in North America in 2024. CNBC | Evelyn Cheng BEIJING — Chinese makes are using the guide in the country’s immediate change to new energy motor vehicles, putting Volkswagen on keep track of for its smallest yr of China […]
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Biden says all autoworkers deserve deals like those the UAW won from Detroit automakers
U.S. President Joe Biden puts on a t-shirt of the UAW Local 1268 during a United Auto Workers (UAW) union members meeting, in Belvidere, Illinois, U.S., November 9, 2023. Leah Millis | Reuters DETROIT – President Joe Biden said Thursday that all autoworkers deserve contracts like the ones recently won by the United Auto Workers […]
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UAW has Tesla, Toyota in its sights after contract wins at Detroit automakers
United Auto Workers President Shawn Fain gestures in solidarity with striking workers during a rally at UAW Local 551 on Saturday, Oct. 7, 2023, in Chicago. John J. Kim | Tribune News Service | Getty Images DETROIT – United Auto Workers President Shawn Fain wants to expand the union’s battle from the Detroit automakers to […]
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