Porsche AG seemed ready to close the gap with Ferrari's stock. Yet, some challenges are making the stock plunge southward. In this article, we go over the latest financials and the main issues Porsche has to face.
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Volkswagen has delayed the launch of its electric ID.7 sedan in the U.S. and Canada, the German automaker said on Wednesday, citing changing market dynamics.
French carmaker Renault and its German peer Volkswagen have ended their talks to jointly develop an affordable electric version of the Twingo car, Renault CEO Luca de Meo told Reuters on Wednesday.
The U.S. auto safety regulator said on Monday it has opened a recall query into an estimated 51,500 Volkswagen America's EVs over concerns of the vehicle door opening while driving.
DETROIT — The United Auto Workers union faces the latest test of its ambitious plan to unionize auto plants in the historically nonunion South when a vote ends Friday at two Mercedes-Benz factories near Tuscaloosa, Ala.
Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, two sources familiar with the situation said, in a setback for the EU carmakers' efforts to fend off Chinese rivals.
Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the "dieselgate" emissions scandal, they said on Wednesday.
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