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Volkswagen


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Italy car sales up 18.96% y/y in January - ministry

BRIEF-Italy car sales up 18.96% y/y in January - ministry Feb 1 (Reuters) - Italy's transport ministry says: ITALY CAR SALES UP 18.96% Y/Y IN JANUARY - TRANSPORT MINISTRY STELLANTIS HELD 33.89% OF ITALY CAR MARKET IN JANUARY - REUTERS CALCULATIONS Further company coverage: BMWG.DE Reporting by Milan Newsroom
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Russian car production slumped to lowest since Soviet times in 2022

Russian car production slumped to lowest since Soviet times in 2022 Feb 1 (Reuters) - Russia's car industry posted its worst showing in 2022 since the collapse of the Soviet Union, with production slumping 67% as Western sanctions and an exodus of global carmakers compressed the market, data showed on Wednesday. Factories located in Russia produced 450,000 passenger cars in 2022, according to the data from the Rosstat federal statistics service.
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Czech Carmakers To Produce 20,000-25,000 Fewer Cars In February Due To Chip Shortages -CTK

BRIEF-Czech Carmakers To Produce 20,000-25,000 Fewer Cars In February Due To Chip Shortages -CTK Feb 1 (Reuters) - CZECH CARMAKERS TO PRODUCE 20,000-25,000 FEWER CARS IN FEBRUARY DUE TO CHIP SHORTAGES, CTK NEWS AGENCY CITES INDUSTRY ASSOCIATION Source text for Eikon: [ID:] Further company coverage: [VOWG_p.DE] 7203.T 005380.KS
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India raises tax on imported cars, motorbikes, including EVs

India raises tax on imported cars, motorbikes, including EVs Vehicle taxes in world's No. 3 car market among highest globally Tesla shelved plans in '22 to enter the market due to high taxes Auto, motorbike tax hikes aimed at boosting Indian manufacturing By Shivam Patel and Aditi Shah NEW DELHI, Feb 1 (Reuters) - India on Wednesday said it will raise taxes on imported cars and motorbikes, including electric vehicles (EVs), as it seeks to boost local manufacturing in line with Prime Minister Nar
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Chinese battery firm CATL aims to raise $5 bln in Swiss listing -sources

Chinese battery firm CATL aims to raise $5 bln in Swiss listing -sources By Julie Zhu and Scott Murdoch Feb 1 (Reuters) - China's CATL 300750.SZ , the world's largest battery maker, is planning to raise at least $5 billion by listing global depositary receipts in Switzerland as early as May, according to two sources with direct knowledge of the matter.
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Europe’s autos have weak defences against China

BREAKINGVIEWS-Europe’s autos have weak defences against China The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By Neil Unmack and Katrina Hamlin LONDON/HONG KONG, Feb 1 (Reuters Breakingviews) - China has been a golden goose for western carmakers like Volkswagen VOWG_p.DE and BMW BMWG.DE . But increasingly it is looking like a threat.
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Wolfspeed to build $3-bln EV chip plant in Germany, subsidy approval expected in months

UPDATE 7-Wolfspeed to build $3-bln EV chip plant in Germany, subsidy approval expected in months Adds comments from press conference by Olaf Scholz, Wolfspeed CEO By Andreas Rinke, Victoria Waldersee and Ilona Wissenbach BERLIN/FRANKFURT, Feb 1 (Reuters) - U.S. chipmaker Wolfspeed WOLF.N will build a $3-billion chip plant and a research and development centre in Germany, it said on Wednesday, expecting to start construction within months provided it receives subsidy approval from the European Un
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Ex-US VP Gore's fund among ABB car charging business' new investors

UPDATE 2-Ex-US VP Gore's fund among ABB car charging business' new investors adds detail, background By John Revill ZURICH, Feb 1 (Reuters) - ABB ABBN.S has sold more of its electric vehicle (EV) charging business to four investors includ ing a fund linked to former U.S. Vice President Al Gore , the Swiss engineering company said on Wednesday. The investors paid 325 million Swiss francs ($355 million) for a combined 12% stake in the E-Mobility business in a second and final private placement bef
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Slow roll brings Aurrigo to self-driving airport baggage dollies

Slow roll brings Aurrigo to self-driving airport baggage dollies By Nick Carey COVENTRY, England, Feb 1 (Reuters) - UK auto supplier Aurrigo International Plc AURR.L made a conscious decision nearly a decade ago to develop slow-moving autonomous vehicles (AVs) in order to conserve cash, which has led to a focus on automating baggage dollies for loading planes at airports.
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Investors go back to basics with simpler self-driving vehicles

FOCUS-Investors go back to basics with simpler self-driving vehicles By Nick Carey and Paul Lienert COVENTRY, England, Feb 1 (Reuters) - Developing fully autonomous vehicles (AVs) that can go everywhere has proven harder and more expensive than expected, but investors are continuing to fund startups that target simpler self-driving vehicle solutions far removed from pedestrians and other vehicles operated by unpredictable humans.
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Skoda expects improvement in chip supplies in second half -CTK agency

BRIEF-Skoda expects improvement in chip supplies in second half -CTK agency Jan 31 (Reuters) - Volkswagen AG VOWG_p.DE : VW'S SKODA AUTO EXPECTS IMPROVEMENT IN CHIP SUPPLY SITUATION IN SECOND HALF - CTK AGENCY Further company coverage: [VOWG_p.DE]
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Siemens: With The Foundation Of The Joint Venture Cofinity-X, Ten Partners Of The Automotive Industry Will Further Foster The Adoption Of The Catena-X Network

BRIEF-Siemens: With The Foundation Of The Joint Venture Cofinity-X, Ten Partners Of The Automotive Industry Will Further Foster The Adoption Of The Catena-X Network Jan 31 (Reuters) - Bayerische Motoren Werke AG BMWG.DE : SIEMENS: WITH THE FOUNDATION OF THE JOINT VENTURE COFINITY-X, TEN PARTNERS OF THE AUTOMOTIVE INDUSTRY WILL FURTHER FOSTER THE AD
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Germany needs more baseload power for vital industrial reboot : Maguire

RPT-COLUMN-Germany needs more baseload power for vital industrial reboot : Maguire Repeats with no change to text. The opinions expressed here are those of the author, a columnist for Reuters. By Gavin Maguire LITTLETON, Colo., Jan 31 (Reuters) - Europe's main industrial engine - Germany - may be entering a recession after its economy shrank in the final quarter of 2022. The 0.2% quarter-on-quarter contraction in gross domestic product is a shallower decline than many economists had feared in ea
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Volkswagen considering battery cell factory in Ontario -Handelsblatt

UPDATE 3-Volkswagen considering battery cell factory in Ontario -Handelsblatt Adds link to lobby register BERLIN, Jan 31 (Reuters) - Volkswagen VOWG_p.DE is looking at setting up a battery cell factory in Ontario, Germany's Handelsblatt business daily reported on Tuesday, adding the Canadian province had offered investments and other incentives. Five entries from this month are listed in a lobby register of the province for Volkswagen, including one that mentions Volkswagen Chief Executive Olive
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Volkswagen considering battery cell factory in Canada - Handelsblatt

Volkswagen considering battery cell factory in Canada - Handelsblatt BERLIN, Jan 31 (Reuters) - Volkswagen VOWG_p.DE is considering building a battery cell factory in Ontario, Canada, the Handelsblatt business daily reported on Tuesday, adding that the province had offered investments and other incentives to win over the carmaker. Five entries from January 2023 are listed in a Canadian lobby register for VW, and CEO Oliver Blume is mentioned there by name, the report said, citing the documents.
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VW's Skoda Auto cuts production due to chip shortage - trade unions

VW's Skoda Auto cuts production due to chip shortage - trade unions PRAGUE, Jan 30 (Reuters) - Volkswagen's VOWG_p.DE Czech subsidiary Skoda Auto is cutting production this week due to chip shortages, trade unions at the carmaker said. Some shifts will be cancelled in the production of the Octavia, Enyaq, Fabia, Scala and Kamiq models, the unions said.
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'They fire, we hire' - Germany seizes on Silicon Valley's woes

'They fire, we hire' - Germany seizes on Silicon Valley's woes By Rene Wagner and Jan Schwartz BERLIN, Jan 30 (Reuters) - Faced with a tight labour market and a shortage of workers with key software engineering skills, some German companies are looking at thousands of layoffs in Silicon Valley as an opportunity to recruit top talent. The U.S. West Coast has always been the main destination for ambitious software engineers looking to work in the best-paid, most elite corner of their profession, b
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Motor racing-Audi takes minority stake in Swiss-based Sauber Group

Motor racing-Audi takes minority stake in Swiss-based Sauber Group Jan 30 (Reuters) - Audi has taken a minority stake in the Sauber Group whose Swiss-based Formula One team are due to become the German car manufacturer's factory outfit from 2026. Sauber said in a statement on Monday that, as planned, the Volkswagen-owned brand took the stake this month but gave no financial details.
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Toyota defends title as world's top-selling automaker in 2022

Toyota defends title as world's top-selling automaker in 2022 TOKYO, Jan 30 (Reuters) - Toyota Motor Corp 7203.T sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the world's top-selling automaker for a third straight year. Global sales for the group, including truck unit Hino Motors 7205.T and small-car maker Daihatsu, inched down 0.1% as record overseas sales of 8.6 million vehicles helped offset a 9.6% dip in its home market to 1.9 million.
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EV battery giant LG Energy Solution upbeat on N.America market outlook

UPDATE 4-EV battery giant LG Energy Solution upbeat on N.America market outlook Sees limited impact on battery prices from drop in EV prices Sees demand for U.S.-made batteries continuing to grow In talks with Tesla, other EVs to supply batteries from proposed Arizona plant Adds LGES CFO comment By Heekyong Yang and Hyunsu Yim SEOUL, Jan 27 (Reuters) - Battery maker LG Energy Solution (LGES) 373220.KS said on Friday demand for electric vehicle (EV) batteries in North America would likely stay st
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شرائط

مشہور اثاثے

دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔

ہماری آن لائن تجارتی سہولت پر شائع ہونے والے تمام مٹیریل کا مقصد صرف تعلیمی/معلوماتی مقاصد کے لئے ہے، اور اس میں شامل نہیں ہے — اور نہ ہی اسے فنانشل، سرمایہ کاری ٹیکس یا تجارتی مشورے اور سفارشات؛ یا ہماری تجارتی قیمتوں کا ریکارڈ؛ یا کسی بھی فنانشل انسٹرومنٹ میں لین دین کی پیشکش؛ یا اسکے لئے مانگ؛ یا غیر متنازعہ مالی تشہیرات پر مشتمل سمجھا جانا چاہئے۔

کوئی تھرڈ پارٹی کانٹینٹ، نیز XM کے ذریعہ تیار کردہ کانٹینٹ، جیسے: راۓ، خبریں، تحقیق، تجزیہ، قیمتیں اور دیگر معلومات یا اس ویب سائٹ پر مشتمل تھرڈ پارٹی کے سائٹس کے لنکس کو "جیسے ہے" کی بنیاد پر فراہم کیا جاتا ہے، عام مارکیٹ کی تفسیر کے طور پر، اور سرمایہ کاری کے مشورے کو تشکیل نہ دیں۔ اس حد تک کہ کسی بھی کانٹینٹ کو سرمایہ کاری کی تحقیقات کے طور پر سمجھا جاتا ہے، آپ کو نوٹ کرنا اور قبول کرنا ہوگا کہ یہ کانٹینٹ سرمایہ کاری کی تحقیق کی آزادی کو فروغ دینے کے لئے ڈیزائن کردہ قانونی تقاضوں کے مطابق نہیں ہے اور تیار نہیں کیا گیا ہے، اسی طرح، اس پر غور کیا جائے گا بطور متعلقہ قوانین اور ضوابط کے تحت مارکیٹنگ مواصلات۔ براہ کرم یقینی بنائیں کہ آپ غیر آزاد سرمایہ کاری سے متعلق ہماری اطلاع کو پڑھ اور سمجھ چکے ہیں۔ مذکورہ بالا معلومات کے بارے میں تحقیق اور رسک وارننگ ، جس تک رسائی یہاں حاصل کی جا سکتی ہے۔

ہم کوکیز کا استعمال آپکو ہماری ویب سائٹ پر بہتریں تجربہ دینے کیلیے کرتے ہیں۔ مزید پڑھیے یا اپنی کوکی سیٹنگ تبدیل کیجیے۔

خطرے کی انتباہ: آپکا سرمایہ خطرے پر ہے۔ ہو سکتا ہے کہ لیورج پروڈکٹ سب کیلیے موزوں نہ ہوں۔ براہ کرم ہمارے مکمل رسک ڈسکلوژر کو پڑھیے۔