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Russian court freezes Volkswagen assets in Russia

March 20, 2023 3:58 pm

Volkswagen, along with other foreign automakers, suspended operations in Russia last year after Western countries imposed unprecedented sanctions on Moscow over the conflict in Ukraine. It has been trying to sell its Russian assets, including its flagship plant in the …

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Definitely not a bubble: $RIVN has a higher market cap than Volkswagen…. $0 in revenue and is now the third most valuable carmaker on the planet

November 16, 2021 6:11 pm

  https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/ Rivian has $0 in revenue and is now the third most valuable carmaker on the planet https://www.cnn.com/2021/11/16/cars/rivian-value-tesla-toyota-vw/index.html

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Largest Carmaker in Europe Volkswagen goes “green” and considers firing 30,000 workers.

October 13, 2021 11:05 am

https://twitter.com/disclosetv/status/1448241915024093185 h/t dr0id

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What Does Volkswagen’s Big EV Push Mean For Tesla?

April 26, 2021 2:05 pm

While the world is busy fighting the pandemic, the growth of the automobile business is rising throughout the globe. Currently, the leading car manufacturing companies are stepping up with new EV projects for a better environment and helping hands towards …

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SEC alleges Volkswagen ‘perpetrated a massive fraud’ and repeatedly lied to US investors

March 16, 2019 11:03 am

via CNBC: The SEC is charging Volkswagen and former CEO Martin Winterkorn with defrauding American investors during an emissions scandal. The commission said that between April 2014 and May 2015 Volkswagen issued more than $13 billion in bonds and asset-backed …

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