Argo AI, the self-driving company backed by Ford and Volkswagen, is shutting down its Washington, DC operation as part of a broader round of layoffs impacting about 150 people across the company.
Global vehicle manufacturer Volkswagen and payment processor and fleet fuel card issuer Comdata are teaming up to enhance fleet management operations. Volkswagen will implement the Comdata Masterc
Argo AI, the autonomous vehicle technology startup backed by Ford and Volkswagen, has laid off about 150 people and slowed the pace of hiring, making it the latest tech company to reduce its workforce
Volkswagen Group broke ground Thursday at the first of six battery factories it expects to build in Europe, the official kick off of a new battery business that will invest $20 billion through 2030 to
Herbert Diess, CEO of Volkswagen, discusses the automaker's electrification strategy.
VW's electrification plans put it in direct competition with companies like Elon Musk's Tesla.
Volkswagen said on Thursday it would invest over 20 billion euros ($20.38 billion) in a battery cell business jointly with partners, creating 20,000 jobs and reaching annual sales above 20 billion eur
Volkswagen CEO Herbert Diess said the company is planning “big moves” in China. The world's second-largest automaker is beefing up operations in its largest market to keep pace with fast-growing C
Northvolt's CEO and co-founder, Peter Carlsson is bullish about the future.
A consortium led by carmaker Volkswagen has secured a 93.6% stake in car rental company Europcar, it said on Tuesday, citing French financial authorities.
Volkswagen and Bosch may begin jointly developing automated driving technology, the German cartel office said on Monday, adding that it would continue to monitor the companies' cooperation.
Volkswagen's software unit Cariad will be streamlined in efforts to step up the pace of software development, Dirk Hilgenberg, the head of the unit, told the Frankfurter Allgemeine Zeitung newspaper o

It's All About Capacity In The Truck Market

11:21am, Friday, 01'st Jul 2022
Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide
The Volkswagen stock is currently extremely cheap with a P/E (FWD) Ratio of 3. Tesla's P/E (FWD) Ratio, however, is almost 70.
Volkswagen Group workers at its Taubate plant, in the Brazilian state of Sao Paulo, approved on Wednesday an agreement allowing an investment of 1 billion reais ($192.97 million) for the production of
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