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A year there making it the nations largest independent car maker. and now hes invested in diameter acquiring just under ten percent of the luxury car company the state of kuwait until now the largest shareholder has been bumped into position to with six point eight percent followed by rent only son the rest is divided up among smaller investors. leases the time a stake allows him to focus on the technologies of the twenty first century electro mobility and driverless cars huge challenges he says...
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Of a trade war. for expiring had reason to celebrate this week after the news that net profits had more than doubled in twenty seventeen compared to the year before that since spite of the fallout from the diesel emissions scandal the worlds largest car maker is hoping to divert some of its more than eleven billion euro profit into a large scale investment in electro mobility its aiming to produce electric cars at sixteen factories by twenty twenty two at present v.w. operates only three product...
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Diesel bans getting the green light across europe many carmakers have promised to show off their electric offerings but its a revolution slow motion it seems some observers say the industry still proving resistant to inevitable change. this is what britains jack you are is offering up in the race to electro mobility the high pace is a battery operated s.u.v. which the company hopes could push in the same category as u.s. electric drive pioneer tesla. but not every car maker in geneva is ready to...
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The cost of thousands more cancellations. im donna winter and this is your business update another days or gate arrest an allergy employee this time media reports saying the suspect is a former member of the comic has bought hats you can see here he was also on the board of porsche hes the first senior level arrest over the diesel gate missions test nippy lation scandal by german authorities parent company fox fox and mitchell the scandal will cost over twenty two billion dollars. and its not ju...