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Volkswagen's deliveries fall in the second quarter
Reuters via Yahoo Singapore Finance· 5 hours agoWhile deliveries to China fell 19.3% between April and June, deliveries of battery-electric vehicles to the country rose by 21% to 49,600, according to...
Volkswagen under pressure as China sales fall and Audi falters
Reuters via Yahoo Singapore Finance· 8 hours agoBERLIN (Reuters) -Volkswagen shares slipped on Wednesday after an overnight profit warning triggered...
Porsche AG shares rise after investor call
Reuters via Yahoo Singapore Finance· 3 hours agoPorsche, which is majority owned by Volkswagen, held on Tuesday what is known as a pre-close call - a briefing for analysts before a quiet period pending...
Volkswagen may close Brussels factory as low EV demand hits Audi
Reuters via Yahoo Singapore Finance· 21 hours agoBERLIN (Reuters) -Volkswagen on Tuesday warned it may close the Brussels site of its luxury brand...
Russian court orders Volkswagen pay $193 million in damages to Russian carmaker
Reuters via Yahoo Singapore Finance· 1 day agoMOSCOW (Reuters) -A Russian court has ordered Volkswagen to pay 16.9 billion roubles ($193 million)...
Volkswagen stock falls after profit warning, plant closure
Investing.com via Yahoo Singapore Finance· 9 hours agoVolkswagen (ETR:VOWG_p) stock fell Wednesday after the German auto giant issued a profit warning, stating that it may also close a plant of its luxury brand Audi. At 06:05 ...
Are European luxury carmakers in trouble?
Investing.com via Yahoo Singapore Finance· 9 hours agoVolkswagen (ETR:VOWG_p) has revised its margin outlook for the year, attributing the adjustment to potential costs related to an Audi plant closure in Belgium and other unexpected expenses.
Porsche downgrades earnings outlook for FY 2024
Reuters via Yahoo Singapore Finance· 21 hours ago(Reuters) - Porsche Automobil Holding on Tuesday said it has lowered its 2024 group result after tax and expects it in a range of 3.5 billion euros...
Germany blocks another big business deal with China
CNN Business via Yahoo Singapore Finance· 6 days agoGermany has blocked the sale of a Volkswagen subsidiary to a Chinese state-owned company on national security grounds, delivering a fresh blow to the...
China's biggest automaker SAIC reshuffles leadership amid sluggish sales
Reuters via Yahoo Singapore Finance· 4 hours agoSAIC Motor president Wang Xiaoqiu has been elected chairman in a leadership reshuffle as China's...
