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Strong global deliveries for VW Group
- November 19, 2019
- Posted by: Simon Wait
- Category: Industry News
The Volkswagen Group delivered 949,800 vehicles to customers worldwide in October, corresponding to a significant rise of 12.2 per cent compared with October 2018. The Group further expanded its market share in all core regions, in some cases quite substantially. This was the case, for example, in China, the Group’s largest single market, where Group [...] -
IONITY to open high-power charging station in Brenner
- November 19, 2019
- Posted by: Simon Wait
- Category: Industry News
IONITY, a joint venture between the BMW Group, Daimler AG, Ford Motor Company, and the Volkswagen Group with Porsche AG, announced that it will expand its Italian network with a high-power charging station in Brenner. This makes it Sudtirol-Altoadige’s fastest EV charging station. IONITY is continuing the expansion of its Italian charge network with the [...] -
Volkswagen plant takes root in China
- November 14, 2019
- Posted by: Simon Wait
- Category: Industry News
Volkswagen’s activities in China are set to go up a level after it announced that pre-production has begun at its first factory in the country focused only on electric vehicles. The plant is based in Shanghai, and production is due to begin in October 2020, with an annual capacity of 300,000 vehicles. Dr. Herbert Diess, [...] -
Nissan reports profit slumps
- November 14, 2019
- Posted by: Simon Wait
- Category: Industry News
Nissan has reported a 70% drop in quarterly profit and cut its full-year forecast to an 11-year low. The company’s global vehicle sales fell 7.5% to 1.27 million in the quarter. Sales in China, its biggest market, fell 2.5%, while those in the United States fell 4.5%. [...] -
VW reports global sales upturn
- November 14, 2019
- Posted by: Simon Wait
- Category: Industry News
Rising demand in China and Europe helped the Volkswagen brand deliver 562,200 vehicles worldwide in October, 8.8% more than in October 2018. It reported significant growth in China (7.5%), the brand’s largest single market, and Brazil (1.6%), with deliveries rising despite shrinking overall markets. There were further sharp increases in deliveries in the European market [...]