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Proactive Investors - Electric vehicle (EV) sales across Europe grew year on year for a second consecutive month in October, market researcher Rho Motion reported on Wednesday. Just over 260,000 EVs...
Investing.com -- Volkswagen (ETR:VOWG) is reportedly planning major layoffs as part of a major cost-cutting move aimed at reducing expenses by €4 billion. “As we understand it, this is the amount...
Investing.com -- Porsche (ETR:P911_p) 's (ETR:PSHG_p) stock inched up higher on Wednesday following a favorable shift in its outlook by Citi Research, which upgraded the luxury automaker to “buy”...
Proactive Investors - FTSE 100 flat Gold hits latest record House price growth slows Saudi Aramco boss signals bullish stance on China Saudi Aramco (TADAWUL:2222) boss Amin Nasser has signalled the...
Invezz.com - On Monday, the pan-European Stoxx 600 index had fallen by around 0.75%, creating a challenging environment for investors. Most sectors and major exchanges were hit severely, with...
Investing.com -- Porsche Automobil Holding SE (ETR:PSHG_p), a major shareholder in both Volkswagen (ETR:VOWG) and Porsche AG (ETR:P911_p), has been downgraded to Hold from Buy by analysts at...
Investing.com - European stock markets edged lower Monday, as investors prepared for important policy-setting meetings from both the U.S. Federal Reserve and the Bank of England. At 03:05 ET (07:05...
Proactive Investors - Volkswagen Group (ETR:VOWG_p) is contemplating closing two factories in Germany as it faces challenges in shifting from fossil fuel vehicles to electric models. The automaker has...
Investing.com - Volkswagen (ETR:VOWG_p) stock fell Wednesday after the German auto giant issued a profit warning, stating that it may also close a plant of its luxury brand Audi. At 06:05 ET (10:05...
By David Shepardson (Reuters) -Members of the United Auto Workers on Saturday ratified a new labor contract with Daimler Truck that includes at least a 25% general wage increase over the four-year...
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