Autos & Transportation

Vietnam’s VinFast starts operations in North America and Europe

Vietnam's first domestic car manufacturer, Vinfast, said on Monday it has opened offices in North America and Europe, joining a…

4 years ago

Premium cars drive Volkswagen profit above pre-pandemic levels

Volkswagen's (VOWG_p.DE) first-half operating profit is expected to reach around 11 billion euros ($13 billion), it said on Friday, topping…

4 years ago

U.S. quarterly auto sales jump on strong SUV demand, shift to EVs

U.S. automakers on Thursday reported a sharp rise in quarterly sales on strong demand for SUVs and pointed to the…

4 years ago

Volkswagen sees strongest first-half U.S. sales since 1973

Volkswagen of America said it sold more than 211,000 cars in the first half of 2021, its highest level for…

4 years ago

Ford to shut some N. American plants for few weeks on chip shortage

Ford Motor Co (F.N) said on Wednesday several of its North American factories will be shut for a few weeks…

4 years ago

Chinese EV Maker Xpeng to raise $1.8 bln in Hong Kong listing

Chinese smart electric vehicle maker Xpeng Inc said it would raise $1.8 billion to expand its product line-up and develop…

4 years ago

Volkswagen’s Mexico unit says it will resume production that was hit by chip shortage

Volkswagen AG's (VOWG_p.DE) Mexico unit said on Sunday it expects to restart production of three segments from next week and…

4 years ago

China’s EV maker Xpeng gets approval to list in Hong Kong -source

The listing committee of the Hong Kong Stock Exchange has approved Chinese electric vehicle maker Xpeng Inc (XPEV.N) for a…

4 years ago

Volvo Car partners with Northvolt to develop and produce batteries

Volvo Car Group, owned by China's Geely Holding (GEELY.UL), announced plans on Monday for a joint venture with Swedish battery…

4 years ago

Ford sees better-than-expected quarterly profit on higher vehicle prices

Ford Motor Co (F.N) said on Thursday its second-quarter operating profit will exceed expectations due to lower costs and rising…

4 years ago