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From 2002 up to 2007, the Volkswagen Group's automotive division was restructured so that two major Brand Groups with different profile would be formed, [32] the Audi Brand Group focused on more sporty values – consisted of Audi, SEAT and Lamborghini – and the Volkswagen Brand Group on the field of classic values – consisted of Volkswagen ...
Volkswagen's shares surged more than 9% on Tuesday, lifting its market value towards $150 billion as the world's second-largest carmaker gave more details about its ambitious expansion in electric ...
Stellantis was the biggest casualty, dropping more than 8% in value in pre-market U.S. trading as the carmaker digested a surprising revenue dropoff, but both Volkswagen and Mercedes were left ...
Volkswagen wants to boost sales of electric cars to avoid 1.5 billion euros ($1.56 billion) in fines under stricter EU carbon emissions targets, a source at the German car giant said Tuesday.
On 4 July 1985, Volkswagenwerk AG was renamed to Volkswagen AG. Volkswagen entered the supermini market in 1975 with the Volkswagen Polo, a stylish and spacious three-door hatchback designed by Bertone. It was a strong seller in West Germany and most of the rest of Western Europe, being one of the first foreign small cars to prove popular in ...
The 1966 Volkswagen Beetle. It is the all-time best-selling car with only a single body style. It is the all-time best-selling car with only a single body style. Since the introduction of the Benz Patent Motorwagen in 1886, some passenger cars and light trucks can claim to being the highest selling vehicles in the automobile markets.
The Volkswagen deal ensures that Rivian will have ample cash to launch its smaller, higher-volume R2 and R3 models -- and opens up a potentially lucrative new market for its technology.
Volkswagen Group China used to sell around 3 million cars (as of 2017) in the Chinese market [4] and until recently was largest car brand in China by sales [5]. The Chinese market is Volkswagen's largest market, accounting for around 50% of Volkswagen's global sales in 2021. [6]