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Big Carmakers Aim to Take a Page From Tesla and Sell EVs Online
Now legacy automakers including VW and Honda Motor Co. are taking their first stab at direct sales with new EV brands like VW’s Scout line.
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Stellantis, Volkswagen Drop After Losing US Electric-Car Subsidy
Stellantis shares fell as much as 4.5% in Milan. VW’s stock declined as much as 1.4% in Frankfurt.
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Volkswagen To Pay $200 Million Into US Pollution Reduction Fund: Report
Volkswagen has been barred since late 2015 from selling any US diesels and has not said if it will resume diesel sales.
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Ford to Launch Four New Car Models in India Over 18-20 Months
Car sales in India are expected to grow by 5-10 per cent this fiscal year. Also, India is expected to become the world's third-largest passenger car market by 2018, moving up from sixth place today, according to IHS Automotive.
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Infosys Q1 Profit Up 21.6 Per Cent; Annual Forecast Retained
Infosys Ltd, India's second largest IT services provider, on Friday said it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.
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Volkswagen Plans $250 Million Investment in India
Mahesh Kodumudi, president and managing director of Volkswagen India Pvt. Ltd., also said the company could increase its India plant capacity to 200,000 cars a year from 130,000.
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Tata, Volkswagen, Others Agree to Invest $1.9 Billion in India
The investments would be made under the state government's industrial project policy, which was initiated in 2005 to boost investment in the manufacturing sector.
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Volkswagen Boosts Electric Car Investment In Spain To 10 Billion Euros
Volkswagen AG and partners will invest 10 billion euros to make electric vehicles and batteries in Spain.
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Ship With Nearly 4,000 VW Group Cars, Including Lamborghinis And Porsches, Catches Fire In Atlantic
A cargo ship named Felicity Ace carrying 3,965 Volkswagen AG vehicles aboard, including Lamborghini, Porsche and Audi cars, caught fire near the Azores Islands in the Atlantic Ocean.
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Volkswagen Plans Farewell To Legendary Santana Model In China
Volkswagen AG's joint venture with SAIC Motor will end production of the Santana, Skoda's Rapid and a current version of Tharu sport-utility vehicles (SUV) at its plant in the eastern city of Yizheng.
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12 Automakers Urge California Senators To Oppose Union EV Tax Credit
Senior executives at 12 major international automakers on Friday urged California's two U.S. senators to oppose a proposal to give union-made electric vehicles an additional $4,500 tax credit.
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Europe's Top Carmakers Count Mounting Cost Of Chip Crunch
Volkswagen AG cut its outlook for deliveries, toned down sales expectations and warned of cost cuts as it reported lower-than-expected quarterly operating profit.
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Volkswagen Executive Sees Global Chip Shortage Running Well Into 2022
Volkswagen AG's top Americas executive said on Tuesday the global semiconductor chip shortage will run well into next year. "Without a doubt, this shortage is going to go well into 2022, at least the second half of '22," Volkswagen Group of America Chief Executive Scott Keogh.
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Volkswagen Joins Tesla In Call For Lower Import Tax On EVs In India
Volkswagen AG, the world's second-largest carmaker, is calling for lower import duties on electric cars in India to help drive demand for clean vehicles, echoing Tesla's recent pitch which has divided the country's auto industry.
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Reality Check For Volkswagen In China After Sluggish Start For Electric Car Series
Volkswagen said it was confident the two ID.4 models would see sales growth and noted plans for three more ID models to be launched this year in China.
-
Big Carmakers Aim to Take a Page From Tesla and Sell EVs Online
Now legacy automakers including VW and Honda Motor Co. are taking their first stab at direct sales with new EV brands like VW’s Scout line.
-
Stellantis, Volkswagen Drop After Losing US Electric-Car Subsidy
Stellantis shares fell as much as 4.5% in Milan. VW’s stock declined as much as 1.4% in Frankfurt.
-
Volkswagen To Pay $200 Million Into US Pollution Reduction Fund: Report
Volkswagen has been barred since late 2015 from selling any US diesels and has not said if it will resume diesel sales.
-
Ford to Launch Four New Car Models in India Over 18-20 Months
Car sales in India are expected to grow by 5-10 per cent this fiscal year. Also, India is expected to become the world's third-largest passenger car market by 2018, moving up from sixth place today, according to IHS Automotive.
-
Infosys Q1 Profit Up 21.6 Per Cent; Annual Forecast Retained
Infosys Ltd, India's second largest IT services provider, on Friday said it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.
-
Volkswagen Plans $250 Million Investment in India
Mahesh Kodumudi, president and managing director of Volkswagen India Pvt. Ltd., also said the company could increase its India plant capacity to 200,000 cars a year from 130,000.
-
Tata, Volkswagen, Others Agree to Invest $1.9 Billion in India
The investments would be made under the state government's industrial project policy, which was initiated in 2005 to boost investment in the manufacturing sector.
-
Volkswagen Boosts Electric Car Investment In Spain To 10 Billion Euros
Volkswagen AG and partners will invest 10 billion euros to make electric vehicles and batteries in Spain.
-
Ship With Nearly 4,000 VW Group Cars, Including Lamborghinis And Porsches, Catches Fire In Atlantic
A cargo ship named Felicity Ace carrying 3,965 Volkswagen AG vehicles aboard, including Lamborghini, Porsche and Audi cars, caught fire near the Azores Islands in the Atlantic Ocean.
-
Volkswagen Plans Farewell To Legendary Santana Model In China
Volkswagen AG's joint venture with SAIC Motor will end production of the Santana, Skoda's Rapid and a current version of Tharu sport-utility vehicles (SUV) at its plant in the eastern city of Yizheng.
-
12 Automakers Urge California Senators To Oppose Union EV Tax Credit
Senior executives at 12 major international automakers on Friday urged California's two U.S. senators to oppose a proposal to give union-made electric vehicles an additional $4,500 tax credit.
-
Europe's Top Carmakers Count Mounting Cost Of Chip Crunch
Volkswagen AG cut its outlook for deliveries, toned down sales expectations and warned of cost cuts as it reported lower-than-expected quarterly operating profit.
-
Volkswagen Executive Sees Global Chip Shortage Running Well Into 2022
Volkswagen AG's top Americas executive said on Tuesday the global semiconductor chip shortage will run well into next year. "Without a doubt, this shortage is going to go well into 2022, at least the second half of '22," Volkswagen Group of America Chief Executive Scott Keogh.
-
Volkswagen Joins Tesla In Call For Lower Import Tax On EVs In India
Volkswagen AG, the world's second-largest carmaker, is calling for lower import duties on electric cars in India to help drive demand for clean vehicles, echoing Tesla's recent pitch which has divided the country's auto industry.
-
Reality Check For Volkswagen In China After Sluggish Start For Electric Car Series
Volkswagen said it was confident the two ID.4 models would see sales growth and noted plans for three more ID models to be launched this year in China.
