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Hyundai is now the world’s third-largest carmaker

Founded in 1967, Hyundai clocked a record year for the first-time beating GM and Stellantis this year.

December 25, 2022 16:21 IST

Volkswagen says supply jams here to stay as earnings stagnate

The carmaker lowered its expectations for deliveries this year to be on par with 2021, down from a previously-forecast 5…

October 28, 2022 14:32 IST

Volkswagen, Continental announce nearly $1 billion in Mexico investments

The company, which currently makes Jetta, Taos and Tiguan models at the plant, did not detail which car it would…

Updated: October 28, 2022 14:05 IST

Volkswagen brand will be electric-only carmaker in Europe from 2033, says brand chief

Bringing vehicles from different brands into the same factory saves costs, Schaefer said: “We have historically a lot of waste…

October 27, 2022 11:14 IST

Ford disbands Argo AI autonomous vehicle unit, posts loss

Due largely to the noncash accounting charge, Ford reported a net loss of $827 million from July through September.

October 27, 2022 10:16 IST

Volkswagen Group’s all-electric deliveries up 25 percent in nine months

The company stated, despite ongoing supply constraints, 366,400 BEVs have been handed over to customers until the end of September,…

October 19, 2022 11:19 IST

Volkswagen sees slight recovery in Q3 sales

Overall, Volkswagen’s deliveries were down in every major region this year, with Europe hardest hit, followed by the Middle East…

October 14, 2022 15:55 IST

German car industry baulks at supplier demands over energy hikes

Top carmakers BMW, Volkswagen and Mercedes-Benz have all said their own energy supplies are secured – but if their supplier…

October 14, 2022 11:53 IST

Volkswagen brands prepare for stock market listings as training exercise

Volkswagen’s Chief Financial Officer Arno Antlitz said last week that assessing a listing of battery unit PowerCo was the next…

October 4, 2022 17:23 IST

Volkswagen Group, all you need to know about the automotive major and plans to list Porsche brand

As per industry observers, often mass-market and luxury brands together do not unlock the full potential in terms of valuation…

September 29, 2022 21:34 IST

Volkswagen shares up slightly on Porsche’s 70-75 billion euro valuation

Porsche aims to win over investors with its stable brand and high operating margins even as the stocks of other…

Updated: September 20, 2022 10:45 IST

Porsche IPO to comprise 911 million shares in nod to its most famous model

The 911 million Porsche shares will be divided into 455.5 million preferred shares and 455.5 million ordinary shares, according to…

September 16, 2022 12:21 IST

Volkswagen CFO touts benefits of Porsche listing ahead of board meeting

Volkswagen’s management and supervisory boards will meet later on Monday to discuss whether the long-anticipated listing of Porsche should take…

September 6, 2022 13:11 IST

Volkswagen’s Elli partners &Charge for affordable EV charging services

The Volkswagen subsidiary Elli has become a partner in the sustainable bonus programme offered by &Charge.

September 2, 2022 17:52 IST

Volkswagen Commercial Vehicles support the expansion of renewable energy

As part of its GRIP 2030 strategy, Volkswagen Commercial Vehicles (VWCV) intends to raise the percentage of battery-electric vehicles that…

Updated: September 2, 2022 17:35 IST

Volkswagen Commercial Vehicles urges students to consider apprenticeships

Volkswagen Commercial Vehicles is encouraging students to explore automotive apprenticeships as an alternative to further education following GCSE results day.

Updated: December 16, 2022 16:48 IST

Volkswagen, Mercedes-Benz team up with Canada in battery materials push

German carmakers Volkswagen and Mercedes-Benz struck battery materials cooperation agreements with mineral-rich Canada on Tuesday, intensifying efforts to secure access…

August 24, 2022 13:04 IST