Three die in Lagos-Ibadan Expressway crash

03:56pm, Tuesday, 01'st Feb 2022 Premium Times Nigeria
An official said a Volkswagen space wagon with registration number GGE 175 FM lost control due to speeding and rammed into a stationary Mack truck with no registration number. The post Three die in Lagos-Ibadan Expressway crash appeared first on Premium Times Nigeria .
The Japanese auto maker has beaten German rival Volkswagen for the second year in a row.
Flying Car Certified To Fly, Paving Way For Mass Production Of "Very Efficient Flying Cars" Authored by Katabella Roberts via The Epoch Times (emphasis ours), A hybrid car-airplane known as “AirCar” has been issued a certificate of airworthiness by the Slovakian civil aviation authority, potentially paving the way for the future of flying vehicles. Klein Vision''s AirCar completes world''s first inter-city flight. Pictured here in an undated file photo. (Courtesy of Klein Vision) The dual-mode car-aircraft vehicle, which looks like a sports car, was created by a team of eight highly-skilled specialists at the Slovakian company Klein Vision, which was founded by Professor Stefan Klein. Klein has devoted the last 20 years to making the flying car a reality. It was awarded the certificate by the Slovak Transport Authority after successfully completing 70 hours of “rigorous flight testing compatible with European Aviation Safety Agency (EASA) standards,” Klein Vision said in a statement ( pdf ).
Charging anxiety may prevent the government from meeting its 2030 target for mass adoption of zero-emission cars
What we learned from the CEOs of Volkswagen, Ford, and Jeep about electric vehicles, charging networks, autonomous driving, and competing with Tesla.
"Volatility Is Back": Futures Resume Sliding After Historic Rollercoaster Reversal Following one of the greatest intraday market reversals in history, US index futures resumed their decline led by the Nasdaq, signaling more pain for richly valued technology shares as investors braced for the highly anticipated Fed meeting and a flurry of earnings as geopolitical tensions between Russia and Ukraine persisted. Companies including GE, J&J, Verizon and Microsoft report earnings on Tuesday, as the Fed starts a two-day meeting. As of 7:30am ET, emini S&P futures were down 60 points or 1.36% to 4,343, Nasdaq futures were down 1.88% or 272 points and Dow futures were down 236 points or 0.68%. The VIX was at 33, after swinging between 29 and 39 on Monday; 10Y Treasury yields were unchanged at 1.77% and the dollar gained. US equities swung in a rollercoaster of volatility on Monday as both underlying gauges had erased intraday losses to end the session slightly higher as dip-buyers came in. According to JPM''s trading desk, yesterday''s 5% reversal in the Nasdaq is an uncommon occurrence: "If you exclude March 2020, yesterday was the 7th 5%+ NDX reversal since GFC.
DUBLIN , Jan. 24, 2022 /PRNewswire/ -- The "Global Automotive Cybersecurity Growth Opportunities" report has been added to ResearchAndMarkets.com''s offering. This study of the global automotive cybersecurity landscape includes an in-depth analysis of key cybersecurity market and technology trends in the connected vehicles space across passenger and commercial vehicle segments. It also explores different types of cybersecurity solutions and strategies value chain partners offer for mitigating threats during a vehicle''s life cycle. Total addressable market for the cybersecurity of passenger vehicles will grow at a CAGR of 18.4% between 2020 and 2026, owing largely to the WP.29 regulation and OEMs in major economies competing to gain a competitive advantage. Vehicles with embedded connectivity will account for about 80% of connected vehicle sales by 2026, and hence OEMs will prioritize securing them first. Overall, the market opportunity for automotive cybersecurity is progressive, with the regulatory landscape and innovation across the automotive value chain propelling growth scenarios and minimizing vehicle security threats.

Lamborghini hits the brakes on production of combustion cars

05:15pm, Sunday, 23'rd Jan 2022 Business Standard
The Volkswagen AG brand with the track-focused Aventador, Huracan and Urus SUV models will unveil its first production car with a plug next year before electrifying its full offering by 2024

Portfolio Tweaks for 2022

03:26am, Friday, 21'st Jan 2022 InvestorPlace
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Are you ready for risk-off? two trades from Eric Fry looking poised to generate strong returns two hedge trades to balance your portfolio In 2022, which of the following will have better returns? Volkswagen or Tesla? Gold or Bitcoin? Intel or NVIDIA? Got your picks? Our macro specialist, Eric Fry, is going. The post Portfolio Tweaks for 2022 appeared first on InvestorPlace .
In my book, the Ford Mustang Mach-E is more fun to drive and better looking than Volkswagen''s ID.4. But both are excellent options for going electric.
Auto Stocks On Watch After Ugly European Vehicle Registration Data Shows 22% Plunge Auto stocks will be on watch to start the new week after data from Europe showed new car registrations plunge in December, marking a 6th month in a row of declines. Car sales in Europe fell 22% according to Bloomberg data released Tuesday morning. 950,218 vehicles were sold, according to the European Automobile Manufacturers Association. The data solidifies that new car sales were down 1.5% for all of 2021, with Bloomberg calling the year the "worst ever since the association started tracking the market in the early 1990s". Parts suppliers and auto makers like Stellantis, Daimler, BMW, Volkswagen and Renault will all be on watch for the upcoming week. According to ACEA data provided by Bloomberg, almost all major names finished 2021 with sales lower than 2020. The biggest plunges in December came from VW Group, who saw sales drop 30.4% y/y, Stellantis, who saw sales drop 23.8% y/y, Ford, who saw sales drop 38.2% y/y and Nissan, whose sales dropped 30.5%.
TPG-backed Landmark Cars is India''s biggest seller of premium vehicles of automakers Mercedes Benz, Volkswagen, Honda and Fiat Chrysler. It may be amongst the first automotive dealership companies in India to float an IPO. It is also the first automotive dealership company to receive private equity investment.
Tianjin Tightens "COVID Zero" Restrictions As Volkswagen Closes Plants The western press has finally caught on to the fact that the CCP is determined to maintain its "Zero COVID" approach to combating the virus that China first unleashed upon the world, even if that means another collapse in trade supply chains and logistics. As the Chinese wait to see whether the government will impose full lockdown restrictions on the port city of Tianjin (which is roughly 100 km from Beijing, where the Winter Olympics are set to begin early next month), more restrictions on travel have just been imposed on the city. Bloomberg reports that Tianjin will halt all inbound and outbound buses and taxis as it scrambles to suppress the latest COVID outbreak now that cases of the omicron variant have been confirmed. Tianjin reported 46 local COVID cases on Wednesday; the city confirmed fewer than 40 cases the day prior. Meanwhile, the situation in Xi''an - the city of 13MM that has been locked down for 3 weeks now - is going from desperate to even more desperate.

Consumer forum directs Volkswagen to pay `7 lakh to Chandigarh resident

10:45pm, Wednesday, 12'th Jan 2022 The Indian Express
He alleged the car''s airbags did not open in accident

Volkswagen sales hit 10-year low in 2021, BMW races ahead

11:50am, Wednesday, 12'th Jan 2022 The Globe and Mail
The Volkswagen brand saw an 8.1 per cent drop in sales to just under 4.9 million units, with the biggest fall in China at 14.8 per cent
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