VW Stock Gets Boost From Planned IPO of Heavy-Truck Division
Volkswagen AG shares climbed the most in two weeks after the German automaker revived plans for a partial offering of its Traton SE heavy-truck division and said it may dispose of two noncore businesses.
May 14, 2019VW Said to Revive Push to Separate Peripheral Units
Volkswagen AG is renewing efforts to sell minority stakes in non-core operations to streamline its business and focus on the main passenger-car brands, according to people familiar with the matter.
May 6, 2019Continental Sticks to Powertrain IPO Plan Amid Profit Slump
Continental AG is moving ahead with plans to carve out its powertrain division while postponing a final decision, as the German auto-parts maker adapts to the disruptive and costly shift to self-driving electric cars.
April 26, 2019VW to Cut Jobs, Costs in Transition to Electric, Autonomous Cars
Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self-driving cars.
March 13, 2019VW Boosts EV Push to 22 Million Cars as Porsche, Audi Slip
Volkswagen AG aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit margins.
March 12, 2019US Tariffs Could Wreak Havoc on Auto Industry, Toyota President Says
Toyota Motor Corp. President Akio Toyoda called on President Donald Trump to make a “careful and appropriate decision” on whether car imports to the United States are a national security threat, and potentially impose tariffs, to avoid possible ripple effects across the industry.
February 21, 2019Elon Musk Tweet Sparks Mercedes-Tesla Talks Over Electric Van Project
Elon Musk’s praise for Daimler AG’s Mercedes-Benz Sprinter van triggered talks between the German manufacturer and Tesla Inc. over potential cooperation on an electric version.
February 6, 2019Daimler, Bosch Cruise Into Robotaxi Era With Slow Shuttles
Four years ago, Daimler AG dazzled with a self-driving luxury lounge in Las Vegas. This year the Mercedes-Benz maker is back at the annual Consumer Electronics Show, though with a more utilitarian slant: a bubble-like autonomous shuttle designed to reliably ferry people and goods around town at limited speeds.
January 7, 2019Daimler Equips Mercedes Actros With Automated Steering, Braking
Daimler AG is equipping its flagship Mercedes-Benz truck with technology that can take the wheel in situations ranging from stop-and-go city driving to highway cruising.
September 5, 2018VW Mobility Chief Ole Harms Says Self-Driving Cars Core to Plan
Volkswagen AG’s fledgling Moia mobility unit is betting on the rise of self-driving cars to deliver on its plan to catch up with ride-hailing leaders such as Uber Technologies Inc. without burning through piles of cash.
June 26, 2018