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Volkswagen Looks To Double US Market Share After Eking Out First Profit In Decades
Sunday, April 3, 2022 - 10:08pm | 507Volkswagen Group (OTC: VWAGY) said on Saturday that the German automaker’s next goal is to double its market share in the United States. What Happened: The company last month said it returned to profitability after several years in North America, including in the United States...
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Volkswagen To Shift More Production To China, North America As Russia-Ukraine War Roils Europe Supply Chain
Tuesday, March 15, 2022 - 8:53pm | 492Volkswagen Group (OTC: VWAGY) CEO Herbert Diess said on Tuesday that the German automaker is shifting more production out of Europe to China, North America and Latin America to cope with supply chain issues stemming from Russia’s invasion of Ukraine. What Happened:...
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Elon Musk And Tesla Get Praise From CEO Of Legacy Automaker For Paving The Way Forward For EVs
Monday, March 14, 2022 - 2:41am | 611Volkswagen Group (OTC: VWAGY) CEO Herbert Diess on Friday praised Tesla Inc (NASDAQ: TSLA) CEO Elon Musk for his speed and approach and said the two automakers can be a complementary force in the electric vehicle market. What Happened: Diess...