Friday, March 29, 2024
Home > Volkswagen

Volkswagen to Launch First 100% EV Sedan and to Invest $1B in China’s EV Development

Prominent German automaker Volkswagen has announced plans to roll out its ID.7 EV across three continents within the next year.  Volkswagen appears set to stake its claim in China’s electric vehicle (EV) market by launching a higher-end car. The German motor vehicle manufacturer also plans to invest up to $1 billion to develop

Read More

Volkswagen Reports Record First Half Earnings Encouraging Car Manufacturer to Raise Profit Margin Target

Volkswagen posted first half earnings of $13.5 billion and now expects operating return on sales to go as high as 7.5%.German automaker Volkswagen AG (XETRA: VOW) on Thursday, July 29, posted record first half sales of 11.4 billion euros ($13.5 billion) after experiencing a surge in demand for its products.

Read More