VW Group CEO Herbert Diess is out

12:55pm, Friday, 22'nd Jul 2022
Volkswagen Group CEO Herbert Diess, the embattled executive who has survived a number of confrontations and power struggles with the board over the past two years, is leaving the company.
Volkswagen CEO Herbert Diess will leave the company at the end of August. Oliver Blume, currently Porsche's CEO, will replace him.
FRANKFURT (Reuters) -Volkswagen's Herbert Diess is stepping down as chief executive, VW said on Friday.
Sweden-headquartered Northvolt recently said its first gigafactory had started commercial deliveries to European customers.
German automaker Volkswagen and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global chip crunch that has put strains on the car industry's supply chain, the c
Volkswagen Group of America CEO Scott Keough is stepping down to helm the automaker's Scout brand for battery-electric pickup trucks and SUVs. Keough, who has served as president and chief executive o
The German auto maker is bringing back the Scout. The early off-roader is morphing into a line of all-electric trucks and SUVs.
Volkswagen Group AG said its top North American executive would run its new U.S. company Scout that will build electric pickup trucks.

4 Best European Stocks to Buy Now

12:30pm, Sunday, 17'th Jul 2022
While investors might know the names, chances are they do not know the breadth and impact of many European-based companies, or the benefits of owning their stocks. The post 4 Best European Stocks to B

Volkswagen sees 22.2% sales drop in H1

05:22am, Friday, 15'th Jul 2022
Volkswagen Group saw sales fall by 22.2% in the first half of this year from last year's figures, company data showed on Friday, dragged down by a steep drop in Europe, with battery-electric sales boo
Volkswagen's China chief said it "looks promising" for sales of its ID electric vehicles to more than double this year as the German carmaker ramps up electrification efforts to retain the top positio
The U.S. automotive sector has many strong, positive catalysts. Here are the four best automotive stocks to buy now.
Volkswagen managed to weather a challenging macro environment well in 1Q22 as it used pricing and mix to tackle lower volumes. Management strikes a positive tone on easing of semiconductor shortage in
Volkswagen Group of America is teaming with Nevada startup Redwood Materials to recycle batteries from VW and Audi electric vehicles in the United States, the companies said on Tuesday.
Volkswagen of America and Audi have locked in a resurrection plan for old battery packs from its growing slate of EVs. The two VW Group brands have contracted with startup Redwood Materials to recover
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