The member of Volkswagen''s (VW) executive committee have yet to make a decision regarding the future of chief executive Herbert Diess, following clashes

Planned Europcar acquisition moves closer

11:47am, Wednesday, 24'th Nov 2021 Leasing Broker
Volkswagen Group, together with its partners Attestor Limited and Pon Holdings B.V., has reached an important milestone in the planned acquisition of Europcar. The post Planned Europcar acquisition moves closer appeared first on Leasing Broker Federation .
The Audi A3 Sportback has been named the UKs best used family car ahead of models from Honda, Fiat, BMW and Volkswagen. A survey of 2,000 parents, with children under 16, looked at the budget and criteria for their next family motor and the 2017, petrol-powered Audi A3 was voted as the ideal choice. []
Review, which covers group brands including VW, Audi, Skoda and Seat, will kick off in 2022. PHD''s contract expires in 2023.

Sales of Volkswagen T-Roc show steady growth

08:59am, Tuesday, 23'rd Nov 2021 The Korea Herald
Sales of Volkswagen’s small sport utility vehicle T-Roc have been steadily growing since its launch in South Korea in January, the company said Tuesday. The T-Roc version 2022 boasts enhanced features such as a two-color design with a black ro

Volkswagen ID.5 Electric SUV Pre-Orders Now Live in Germany

07:23pm, Monday, 22'nd Nov 2021 Tesla North
After debuting the Volkswagen ID.4 earlier this year, the European automaker has officially unveiled its next vehicle in the ID lineup, the ID.5. Volkswagen has Read more The post Volkswagen ID.5 Electric SUV Pre-Orders Now Live in Germany appeared first on TeslaNorth.com .

Happiness Development Reached Cooperation with Shanghai Automobile Trading Co., Ltd

06:17pm, Monday, 22'nd Nov 2021 PR Newswire Asia (English)
NANPING, China , Nov. 23, 2021 /PRNewswire/ -- Happiness Development Group Limited ("HAPP" or the "Company"), ( NASDAQ: HAPP) a China-based company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce solutions, and the sales of automobile, announced today that its automobile sales brand, Taochejun''s subsidiary, has reached a sales agreement with Shanghai Automobile Trading Co., Ltd, a wholly owned subsidiary of Shanghai Automobile Industry Corporation ("SAIC Motor"), to purchase 1,300 vehicles from the SAIC MG brand at a discounted price. According to the agreement, Taochejun''s subsidiary, Happiness Automobile Services (Nanping) Co., Ltd., will purchase 1300 "MG HS", with a total consideration of approximately RMB104 million (approximately $16 .3 million) from Shanghai Automobile Trading Co., Ltd,. These vehicles will be sold at a 37% discount compared with their official guide price. The parent company of Shanghai Automobile Trading Co., Ltd, is SAIC Motor, which is the largest auto company listed on China''s A-share market (Stock Code: 600104).
Ford And GM Could Soon Be Getting Into The Semiconductor Production Business There''s no better reminder of how markets adapt to problems than the free market finding solutions to roadblocks in an industry. That''s what''s happening in automotive, where it appears that Ford and GM are going to start vertically integrating - by producing - to solve their semiconductor woes. Both automakers are looking to get into the semiconductor business, a new report from the WSJ claims . In fact, Ford has already outlined a strategic agreement with GlobalFoundries to develop chips in a move that "could eventually lead to U.S. production". The partnership is focused on "producing higher-end chips that would go into vehicles several years out," WSJ wrote. Chuck Gray, Fords vice president of vehicle embedded software and controls, said: We feel like we can really boost our product performance and our tech independence at the same time. Ford is considering bringing chip development in-house, the report says.
Volkswagen AG (OTCMKTS:VWAPY) was the recipient of a large decrease in short interest in the month of October. As of October 29th, there was short interest totalling 7,600 shares, a decrease of 29.6% from the October 14th total of 10,800 shares. Based on an average daily volume of 345,500 shares, the short-interest ratio is currently []

Type1 takes Best of the Best at CMA Awards

05:16pm, Friday, 19'th Nov 2021 Strategy
Taxi and Wunderman Thompson''s Volkswagen unit took the top prize, while Rethink won Top Cause with YWCA. Read More
BERLINVolkswagen should have gone public in 2008 with the engine plan that sparked its diesel emissions scandal, a German court said on Thursday, as it set out its views on a test case brought by investors against the automaker. Volkswagen, which admitted in 2015 to cheating U.S. diesel engine tests, said it had fulfilled all []
Skoda Auto India has opened bookings with a down payment of Rs 11,000 for the Slavia, which is the second vehicle from the company under the Volkswagen group''s India 2.0 project and the deliveries will begin in the first quarter of 2022.
Chinese automaker Xpeng Inc (NYSE: XPEV ) on Friday revealed an electric SUV G9 at the Guangzhou International Automobile Exhibition. What Happened: The electric automaker plans to launch the vehicle next year in both China and international markets to take on homegrown rival Nio Inc (NYSE: NIO ), saying and global electric-vehicle segment leader Tesla Inc (NASDAQ: TSLA ). The G9 would be the fourth electric vehicle from Xpeng lineup and feature the automakers in-house Xpilot semi-autonomous driving system, lidar technology and NVIDIA Corp (NASDAQ: NVDA ) semiconductor chips. See Also: Volkswagen Beats Xpeng, Li Auto And Nio Numbers For Octobers With Its ID. Full story available on Benzinga.com
Shares of Volkswagen AG (OTCMKTS:VWAGY) have received an average rating of Hold from the twenty ratings firms that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company. The average []
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