Daimler to get 5pct stake in Aston Martin for supplying engines and electronic components

German carmaker Daimler will take a 5% stake in British luxury sports carmaker Aston Martin in exchange for supplying engines and electronic components to the latter. The partnership will develop a new generation of V8 engines for sports cars.

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Volkswagen reveals EUR84.2 investment plan

Europe's top carmaker Volkswagen (VW) has revealed its plan to invest EUR84.2 billion in the next five years for technology upgrades and modernization of its plants.

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10 Best Car Deals in November

November is here and before you know it, we will find ourselves in the midst of the holiday hustle and bustle. Before running off to the department stores to stock up on holiday presents for others, take a moment to make sure you're getting the best deal on a new car this month.

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Volkswagen's U.S. sales performance disappoints automaker

Volkswagen's sales in the US remained a mystery to its manufacturers.

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Audi, Porsche and Volkswagen distributor set to expand in UAE

Al Nabooda Automobiles had set plans to expand its German car imports operations in Dubai and Sharjah.

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Volkswagen pulls out of London Stock Exchange

According to a VW spokesperon, the trading volume at the London Stock Exchange was too low as against the administrative costs required.

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Volkswagen expands interests in China market

Volkswagen AG invests new finds into the venture with FAW Group to expand the production of the plant in Foshan.

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Volkswagen to increase stake in Chinese joint venture

In an interview with a German daily, Volkswagen CEO Martin Winterkorn confirmed plans to increase its stake in the Chinese venture with FAW Group.

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News on VW CEO retirement dismissed

The news media report on Volkswagen CEO's retirement was dismissed in another news report.

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Joint ventures boost SAIC Motor profits

The partnerships of SAIC Motor Corp with Western car manufacturers helped boost its sales for the first half of this year.

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Volkswagen names new head for Audi

Voklswagen named Ulrick Hackenberg as Audi's new head.

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German Court Takes on Porsche Lawsuit

A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.

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Volkswagen issues bonds

1.2 billion euros worth of bonds will be issued with the attempt to boost the company’s finance arm

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Volkswagen Announces Production of the Golf in Mexico

Volkswagen will begin to produce the next-generation Golf in Puebla, Mexico

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