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Volkswagen

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Electric supercars need to lose weight, power up and cool down

By Nick Carey and Giulio Piovaccari OXFORD, Sept 27 (Reuters) - Speed has always been paramount for supercar makers, and now they're in the race of their lives to go electric before climate policy cuts their combustion engines. That's why the likes of Ferrari RACE.MI and Mercedes-Benz are turning to startups such as Oxford-based electric motor comp
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Why are BMW and Daimler being sued over climate change?

By Victoria Waldersee BERLIN, Sept 21 (Reuters) - German activists have filed a lawsuit against automakers BMW and Daimler for refusing to tighten carbon emissions goals, the first time German citizens have sued private companies for exacerbating climate change. The lawsuit from the heads of Deutsche Umwelthilfe (DUH), a non-governmental organisati
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Banks beware, outsiders are cracking the code for finance

* Embedded finance investment jumps in 2021, data shows * Buy now pay later deals take centre stage * Fintech market valuations leapfrog banks By Anna Irrera and Iain Withers LONDON, Sept 17 (Reuters) - Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon AMZN.O to IKEA and Walmart WMT.N are cuttin
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VW's Skoda to halt Czech plants for a week due to chip shortage

PRAGUE, Sept 16 (Reuters) - Czech carmaker Skoda Auto, part of the Volkswagen VOWG_p.DE group, will halt production at two domestic plants for a week at the end of September due to chip shortages, the company said on Thursday. From delayed car deliveries to a supply shortfall in home appliances and smartphones, businesses and consumers across the w
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VW's Skoda to stop production at Czech plants for a week due to chip shortage

PRAGUE, Sept 16 (Reuters) - Czech car maker Skoda Auto, part of the Volkswagen VOWG_p.DE group, will halt production at its domestic plants for a week at the end of September due to chip shortages, its union head said in a union newsletter on Thursday. From delayed car deliveries to a supply shortfall in home appliances to costlier smartphones, bus
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