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01 Apr, 2020
Volkswagen To Invest USD 800 Million In Electric Vehicles
Volkswagen Group (OTCMKTS: VWAGY) announced on Monday that the Company will invest USD 800 Million into a manufacturing base for electric vehicles. The Company’s North American base will be located in Chattanooga, Tennessee. This undertak..
Volkswagen Delivered 10.8 Million Vehicles in 2018
Volkswagen Group’s deliveries rose 0.9% to a record 10.83 million last year, according to the German company, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world’s biggest vehicle manufacturer.Rivals Toyot..
Ford's Future in the Automotive Industry Relies on Two Partnerships
After beating expected earnings a week ago, Ford Motor (F:NYSE) is trying to change the perception of it being a struggling Company. It is reportedly teaming up with Baidu (BIDU: NASDAQ) in China and Volkswagen (VLKAY: OTC) in efforts for elec..
Amazon's Reportedly to Launch Own Delivery Service; FedEx and UPS Shares Slide
Amazon.com Inc. (NASDAQ: AMZN) is reportedly preparing to launch its own delivery service, which directly competes against United Parcel Service Inc. (NYSE: UPS) and FedEx Corp. (NYSE: FDX), according to The Wall Street Journal.Shares of UPS fe..
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