Volkswagen AG
Longtime Tesla bull Ron Baron plans to hold the stock at least another 8 years
Investor Ron Baron has been one of Tesla’s largest shareholders for years, and he has no plans to change that. Baron told CNBC on Thursday that he thinks the electric vehicle giant’s high-flying stock has much more room to run – and that he plans to continue holding the company’s stock for at least eight […]
Read More
Porsche ups its investment in ‘e-fuels’ for the EV transition with a stake in a manufacturer in Chile
A Porsche 911 Carrera 4S stands in the evening light in a drive-in cinema on the circuit of the Leipzig Porsche factory. Jan Woitas | picture alliance via Getty Images DETROIT — Porsche is upping its investment in the development of climate-neutral “e-fuels” made to replace gasoline in traditional combustion engines. The German automaker, owned […]
Read More
China’s EV makers could see a ‘shake down’ as they hike prices on rising material costs
Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images A slew of electric vehicle companies operating in China have been forced to raise the prices of their cars as the cost of raw materials shoot up. Some companies like […]
Read More
Volkswagen recalls 246,000 Atlas SUVs due to issue with airbags, brakes
Volkswagen recalled 246,000 Atlas and Atlas Cross Sport SUVs in the U.S. and Canada because of a wiring issue that could cause problems with the airbags, windows and brakes of the cars. Damage to the wiring of the cars could result in airbags deploying “later than designed,” which could lead to injury of people in […]
Read More
Audi expects ‘tremendous interference’ to global supply chain due to Russian-Ukraine war
DETROIT – Audi expects the war in Ukraine to cause “tremendous interference” to the global supply chain, an executive with the German luxury brand said Thursday. The comments come as automakers globally, including Audi and its Volkswagen parent company, attempt to maintain supply chains of crucial parts such as semiconductor chips and wire harnesses that […]
Read More