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Volkswagen to prolong combustion engine line-up without adding investment
Reuters via Yahoo Singapore Finance· 1 hour agoBERLIN (Reuters) - Volkswagen will prolong sales of combustion engine cars and potentially add new...
Volkswagen CEO: China is open for discussion on tariffs
Reuters via Yahoo Singapore Finance· 1 hour agoBERLIN (Reuters) - Volkswagen's chief executive said China and Europe should build tariff systems...
European shares buck global rally as financials, auto stocks drag
Reuters via Yahoo Singapore Finance· 3 hours agoFederal Reserve opening the door to easing in September. The pan-European STOXX 600 index lost 0.5%...
China woes hit BMW as profit margin falls
Reuters via Yahoo Singapore Finance· 5 hours agoBERLIN (Reuters) -BMW reported a lower-than-expected profit margin in its core automotive segment during the second quarter on Thursday, hitting its...
Volkswagen doubles down on cost cuts to try to revive margins
Reuters via Yahoo Singapore Finance· 5 hours agoBERLIN (Reuters) -Volkswagen will need to make "significant cost-cutting efforts" in the second half...
Big truckmakers bet on hydrogen to extend combustion engine life
Reuters via Yahoo Singapore Finance· 5 hours agoSome of the world's biggest truckmakers, including Volvo and MAN, are reworking combustion engines...
Daimler Truck to cut employee hours in Germany amid weak Europe demand
Reuters via Yahoo Singapore Finance· 5 hours ago(Reuters) -Daimler Truck will cut hours and impose a job freeze for employees in its truck-making...
Volkswagen shares tumble as cost-cutting extended
Investing.com via Yahoo Singapore Finance· 7 hours agoInvesting.com -- Shares of Volkswagen (ETR:VOWG) fell on Thursday following the company's announcement that its cost-cutting period will extend beyond the second half of 2024.
Industrial software maker PTC forecasts fourth-quarter results above estimates
Reuters via Yahoo News Singapore· 13 hours agoIt forecast fourth-quarter revenue of between $598 million and $648 million, compared with analysts' average estimate of $616.9 million, according to LSEG data. The company, which counts < ...
US stands by decision that 50 million air bag inflators are dangerous, steps closer to huge recall
Associated Press Finance via Yahoo Singapore Finance· 16 hours agoU.S. auto safety regulators say they stand by a conclusion that more than 50 million air bag...