Volkswagen will use proceeds of an initial public offering of its Traton trucks ...
Volkswagen's CEO Herbert Diess speaks ahead of Volkswagen Group's annual general meeting in Berlin, Germany, May 14, 2019. REUTERS/Hannibal Hanschke
BERLIN - Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to invest in the “internationalization” of the division, Chief Executive Officer Herbert Diess said on Tuesday. Volkswagen on Monday said it would press ahead with a listing of Traton before the 2019 summer break and would invest nearly 1 billion euros in an electric vehicle battery cell plant in Europe.
On the sidelines of VW’s annual general meeting, Diess said no carmaker could manage the transition towards e-mobility on its own and that a charging infrastructure and political support was needed.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Volkswagen resumes preparations for truck unit IPOVolkswagen said on Monday it would resume preparations for an initial public off...
Weiterlesen »
Volkswagen shares up 2.7% in early trade on truck listing plansVolkswagen shares were up 2.7% in early trade on Tuesday after the multi-brand c...
Weiterlesen »
Polaris CEO calls potential tariff increase 'downright catastrophic' for businessThe CEO of manufacturing company Polaris is calling an impending tariff increase a catastrophe for his business.
Weiterlesen »
Business Leaders to Talk Trade, Technology and the Environment at WSJ CEO Council in LondonU.S. and European policy makers and senior executives are set to gather in London on Tuesday for the annual European meeting of The Wall Street Journal’s CEO Council.
Weiterlesen »
Judge: Trial of white officer in chokehold death can proceedNEW YORK (AP) — A New York City judge is allowing a police disciplinary case to proceed against the white officer accused in the 2014 chokehold death of an unarmed black man.
Weiterlesen »
U.S. Supreme Court lets App Store antitrust suit proceed against AppleThe U.S. Supreme Court on Monday gave the go-ahead for a lawsuit by consumers ac...
Weiterlesen »
Supreme Court rules against Apple, allowing lawsuit targeting App Store to proceedThe 5-4 decision could spell serious repercussions for one of Apple’s most lucrative lines of business, and open the door for similar legal action targeting other tech giants in Silicon Valley.
Weiterlesen »
In setback for Apple, U.S. Supreme Court lets App Store antitrust suit proceedA divided U.S. Supreme Court on Monday gave the go-ahead to an antitrust lawsuit...
Weiterlesen »
Supreme Court Allows Antitrust Suit Against Apple to ProceedThe Supreme Court ruled Monday that consumers can proceed with an antitrust lawsuit challenging Apple Inc.’s exclusive control over the marketplace for iPhone apps, threatening the tech giant’s slice of billions of dollars in software sales.
Weiterlesen »
Judge Scolds SEC Over Lawsuit Targeting VolkswagenA federal judge sharply questioned why securities regulators took so long to sue Volkswagen AG over its bond offerings, years after other government agencies resolved litigation over the auto maker’s diesel-cheating scandal.
Weiterlesen »