[ad_1] Aug. 28, 2023 11:00 pm ET Listen to article (2 minutes) BERLIN—Two decades ago, Germany revived its moribund economy and became a manufacturing powerhouse of an era of globalization.…
Tag: XE:VOW3
VW’s New CEO Expected to Replace Management of Ailing Software Unit
[ad_1] In his first major restructuring move since becoming chief last year, Oliver Blume is expected to oust Cariad’s leadership after the venture caused delays to new model launches. [ad_2]…
Volkswagen Pivots to North America as Europe Loses Its Shine
[ad_1] Europe’s largest car maker said it would invest more than $5 billion in its planned battery-cell factory in Canada, adding to a $2 billion EV plant coming to South Carolina. [ad_2]…
To Get the EV Tax Credit, You Will Now Have to Buy an American Brand
[ad_1] New restrictions on qualifying for the as much as $7,500 EV tax credit mean that only U.S. brands currently qualify. [ad_2] Source link
Ford, GM Engage in China Price War as Car Sales Slump
[ad_1] The American auto makers join their rivals in giving discounts in China as economic uncertainty hurts demand for vehicles. [ad_2] Source link
BMW and Volkswagen Are Spending Whatever it Takes To Rival Tesla
[ad_1] Germany’s car makers are investing ever more money into electric vehicles. Better brands have higher chances of making satisfactory financial returns. [ad_2] Source link
Volkswagen Picks Canada for Site of First Battery Plant Outside Europe
[ad_1] The car maker will take advantage of the country’s rich raw materials and could possibly cash in on U.S.-legislated incentives aimed at encouraging green-tech investments. [ad_2] Source link
Volkswagen Says No Human-Rights Abuses at Downsized Xinjiang Plant in China
[ad_1] Business Autos & Transportation Autos Industry Factory visit by car maker’s China head revives criticism over its presence in the region [ad_2] Source link
American Firms Race to Meet China’s Data Rule Deadline
[ad_1] World Asia China Amazon and JPMorgan among dozens of entities to have sought approval to export data from China [ad_2] Source link