Posts Tagged ‘Volkswagen’

BMW boss Krueger to step down in 2020

by AFP/ pic by AFP
German car giant BMW said Friday its boss Harald Krueger (picture) would not seek another term when his current office runs out ...

VW to alter battery plan as Samsung deal at risk

By BLOOMBERG
FRANKFURT • Volkswagen AG (VW) is reworking its battery- purchasing plan worth about €50 billion (RM234.5 billion) over concerns a supply ...

Volkswagen sees flat car market in 2019

Firm does not see any drop in the TIV because of the SST, neither a huge increase in the market
by AFIQ AZIZ / pic by BLOOMBERG VOLKSWAGEN Passenger ...

VW jumps on profit gain, sticks to targets

German carmaker weathering slowdown in China better than most of its peers
FRANKFURT • Volkswagen AG (VW) shares advanced the most in five months ...

Chinese growth eases sting of another drop in Europe auto sales

By BLOOMBERG
MUNICH • European car sales declined for a seventh straight month, though the drop was overshadowed by a rebounding economy in China, the ...

VW plots China push as trouble looms at home

FRANKFURT • A year into his tenure, Volkswagen AG (VW) CEO Herbert Diess is entering critical months as he seeks to expand the carmaker’s sprawling Chinese ...

VW brand to shrink workforce further as profits fall

By BLOOMBERG
FRANKFURT • Volkswagen AG’s (VW) main car brand plans to deepen cost cuts and axe more jobs as profits slip in the industry’s shift to ...

VW ups EV push to 22m cars as Porsche, Audi slip

FRANKFURT • Volkswagen AG (VW) aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit ...

Volkswagen keeps sales crown as Toyota fails to catch up

FRANKFURT • Volkswagen AG (VW) retained the car industry’s top spot in sales as Japanese arch-rival Toyota Motor Corp’s global deliveries failed to match ...

SK Innovation eyes RM41b battery bet

FRANKFURT • SK Innovation Co is weighing a US$10 billion (RM41 billion) plan to invest in battery cells, a move that would transform the supplier to ...

VW, Daimler and BMW brace for US tariffs as truce nears end

Munich • Investors in European carmakers are once again facing months of share volatility after the US circulated a draft report on tariffs and European ...

Volkswagen to leverage on strong online purchases

by NUR HAZIQAH A MALEK / pic by HUSSEIN SHAHARUDDIN
VOLKSWAGEN Passenger Cars Malaysia Sdn Bhd targets to leverage on strong online buying to sell ...