Tesla is now the most valuable American car brand with a market cap of over $ 100 billion – and more valuable than Volkswagen, This is all the more impressive when you consider that only eight years have passed since the introduction of the Tesla Model S, Tesla currently only offers three models and is… Continue reading Tesla now more valuable than Volkswagen: How Elon Musk made hunters out of hunters
Tag: VW
Comment: Dieter Zetsche should forego the post of Daimler chief supervisor
Dieter Zetsche It is becoming increasingly clear how much the manager has let the reins slip over the past few years of his 13-year reign as Daimler boss. (Photo: AP) The timing was perfect. On September 26, 2018, the former Daimler-Boss Dieter Zetsche and his supervisor Manfred Bischoff put their master plan into practice. First,… Continue reading Comment: Dieter Zetsche should forego the post of Daimler chief supervisor
Auto industry: VW boss Herbert Diess: “I would like a higher CO2 tax from politics”
VW boss Herbert Diess Davos VW-Boss Herbert Diess demands a much higher one from politics Price for climate-damaging carbon dioxide emissions, “I think the price is too low. I would still like to see a higher CO2 tax from politics, ”said the CEO of the world’s largest automobile group to the“ Frankfurter Allgemeine Zeitung ”(FAZ… Continue reading Auto industry: VW boss Herbert Diess: “I would like a higher CO2 tax from politics”
Tesla’s German factory gets off to an explosive start
FILE PHOTO: Warning tape is pictured at a construction site at Heidestrasse street near the capital’s central train station, after a World War Two bomb was discovered at the site in Berlin, Germany, April 19, 2018. REUTERS/Axel Schmidt/File Photo BERLIN (Reuters) – Seven U.S. bombs from World War Two have been found in the plot… Continue reading Tesla’s German factory gets off to an explosive start
Tesla overtakes Volkswagen as world’s second most valuable carmaker
(Reuters) – Tesla Inc (TSLA.O) has overtaken Germany’s Volkswagen (VOWG_p.DE) as the world’s second most valuable carmaker behind Japan’s Toyota (7203.T), as the meteoric rise in the U.S. electric vehicle maker’s shares reshuffles the global market. FILE PHOTO: A China-made Tesla Model 3 vehicle is seen at a delivery ceremony in the Shanghai Gigafactory of… Continue reading Tesla overtakes Volkswagen as world’s second most valuable carmaker
Tesla overtakes Volkswagen as value hits $100bn
Tesla has displaced Volkswagen as the world’s second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100bn (£76.1bn). The milestone sets the stage for chief Elon Musk to collect billions in pay tied to hitting that target. Tesla’s share price has more than doubled since October,… Continue reading Tesla overtakes Volkswagen as value hits $100bn
Canada prosecutors propose £110m Volkswagen fine
Canadian prosecutors want to fine Volkswagen millions of Canadian dollars over its emissions scandal. Volkswagen was charged in December with importing nearly 128,000 vehicles into Canada that violated emissions standards. The company then pleaded guilty to dozens of counts of diesel emissions violations. Globally the scandal has already cost the company more than €30bn in… Continue reading Canada prosecutors propose £110m Volkswagen fine
Jeep, Suzuki models found to have broken EU emissions rules
FILE PHOTO: The logo of Suzuki is seen on a wheel of Maruti Suzuki Vitara Brezza car during its launch in Mumbai, India, March 8, 2016. REUTERS/Danish Siddiqui/File Photo AMSTERDAM (Reuters) – Fiat Chrysler’s (FCHA.MI) Jeep Grand Cherokee and Suzuki’s (7269.T) Vitara diesel models both break emissions rules and must be fixed or face a… Continue reading Jeep, Suzuki models found to have broken EU emissions rules
UPDATE 2-VW CEO: Seat’s de Meo probably in talks with Renault -CNBC
FRANKFURT/PARIS (Reuters) – The chief executive of Volkswagen (VOWG_p.DE) said Luca de Meo, who stepped down as chief executive of the German carmaker’s Spanish Seat brand this month, was probably in talks with French carmaker Renault (RENA.PA). FILE PHOTO: SEAT President and CEO Luca de Meo poses during an interview at the SEAT car factory… Continue reading UPDATE 2-VW CEO: Seat’s de Meo probably in talks with Renault -CNBC
UPDATE 1-VW CEO: Seat’s de Meo probably in talks with Renault -CNBC
FRANKFURT/PARIS (Reuters) – The chief executive of Volkswagen (VOWG_p.DE) said Luca de Meo, who stepped down as chief executive of the German carmaker’s Spanish Seat brand this month, was probably in talks with French carmaker Renault (RENA.PA). FILE PHOTO: SEAT President and CEO Luca de Meo poses during an interview at the SEAT car factory… Continue reading UPDATE 1-VW CEO: Seat’s de Meo probably in talks with Renault -CNBC