VW sticks to Porsche IPO plan, eyes battery listing as soon as 2023
Volkswagen AG is sticking to a plan to list its iconic Porsche sports-car maker later this year as Europe’s biggest ...
Tag: Volkswagen AG
Volkswagen plans IPO of Porsche to ignite EV shift momentum
Volkswagen AG is preparing an initial public offering of Porsche, seeking a listing of its most profitable asset to help ...
VW CEO goes from thrilling investors to making enemies at home
In March, Herbert Diess enthralled investors with his vision for turning Volkswagen AG into the global leader in electric cars. ...
Volkswagen cuts output at biggest plant as chip shortage bites
Volkswagen AG plants are set for a bumpy restart after the traditional summer break as the car industry remains in ...
VW warns chip shortage threatens car production worldwide
Volkswagen AG is bracing for a major production disruption from a shortage of semiconductors. The world’s largest automaker will need ...
Used-vehicle sales pacing for YoY growth in August
Used-vehicle sales are poised to reach 3.6 million units in August, a 4% year-over-year increase and 2% increase from July, ...
Fed ramps up auto bond buying with industry starting to recover
The Federal Reserve’s historic foray into the credit market has benefitted auto companies the most, supporting an industry that’s borrowed its ...
China car recovery gathers pace with July sales accelerating
A recovery in China’s car sales accelerated last month, signaling the world’s biggest auto market is emerging from a two-year ...
