#Volkswagen

Volkswagen

Volkswagen targets significant EV returns from 2026

Shares in the EV car leader have jumped 44 per cent so far this year after tumbling 65 per cent during 2022

Porsche

Volkswagen targets $75bn for Porsche IPO valuation

The German carmaker is selling a 12.5 per cent stake of Porsche’s total share capital

Porsche

Porsche IPO moves ahead as parent VW looks to defy downturn

The move will direct funds to Europe’s biggest carmaker to foot the staggering cost of electrification and software development

Argo AI

Ford-backed self-driving startup Argo AI lays off 150 workers

Argo confirmed the layoffs from a global workforce that has grown to more than 2,000

Volkswagen

VW sees better chip supplies in second half, boosting output

Volkswagen confirmed a projection that deliveries will rise by as much as 10 per cent this year

Stellantis

Stellantis to buy Mercedes and BMW’s car-sharing venture

The acquisition comes a little over a year after the mega-merger between Fiat Chrysler and PSA Group

Stephan Winkelmann Lamborghini

Interview: Lamborghini president and CEO Stephan Winkelmann on the carmaker’s electrification plans

Lamborghini has an ambitious roadmap for all its cars to be hybrid models by 2024, followed by an all-new full-electric Lambo before the end of the decade. And before you ask, the V12 combustion engine will continue to breathe

Saudi wealth fund makes senior hires, including Goldman banker

Goldman banker Eyas AlDossari will head investment advisory within the MENA Investments Division of the fund

Ralf Brandstätter volkswagen

Ralf Brandstätter appointed as Volkswagen brand CEO

He previously occupied the position of COO of Volkswagen Passenger Cars

Audi Volkswagen Middle East Dubai Corporation for Ambulance Services

Audi and Volkswagen supply SUVs to Dubai Corporation for Ambulance Services

The vehicles are being used to transport critical equipment, medical supplies and meals to team workers and their families living in the UAE