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DAXX:VOW, Jan 19, 03:07 UTC

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Volkswagen (VOW3) Given a €220.00 Price Target at BNP Paribas

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Barclays set a €174.00 ($207.14) target price on Volkswagen and gave the company a “buy” rating in a research report on Friday, September 29th. set a €213.00 ($253.57) target price on Volkswagen and gave the company a “buy” rating in a research report on Monday, October 2nd. Finally, Kepler Capital Markets set a €175.00 ($208.33) target price on Volkswagen and gave the company a “buy” rating in a research report on Monday, October 2nd. Warburg Research set a €155.00 ($184.52) target price on Volkswagen and gave the company a “neutral” rating in a research report on Monday, October 2nd.

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ledgergazette.com
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Planning underway for use of VW diesel emissions settlement money

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In addition to having to repurchase the vehicles, Volkswagen is funding a mitigation effort that will bring Indiana $40.9 million. The cars were repurchased from owners by Volkswagen in light of an emissions testing scandal. Seals also noted the Port of Indiana at Burns Harbor and that some port equipment is eligible for funding. "One thing that has started to get traction in Northwest Indiana is the concept of alternative fuels," Seals commented.

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nwitimes.com
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Local News: Regional planner: Volkswagen settlement could benefit Cape Girardeau County government (1/18/18)

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Cape Girardeau County government could benefit from some of the estimated $41 million Missouri expects to receive as part of the nation's settlement with automaker Volkswagen, a regional planning official said Thursday. David Grimes of the Southeast Missouri Regional Planning Commission, based in Perryville, Missouri, told the Cape Girardeau County Commission the county government likely could qualify for funds to replace aging diesel engines on its road equipment and even replace county highway department dump trucks. The settlement resolved claims Volkswagen W violated the federal Clean Air Act by selling about 590,000 vehicles with diesel engines that caused emission-control systems to perform differently during emissions testing to guarantee passing scores, the DNR said. The planning commission will aid counties in the application process, Grimes said.

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semissourian.com
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Ex-employee sues Patrick VW, alleging he was fired for refusing to forge customer's signature - News

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Mr. Patrick allegedly wanted Mr. Potter to alter the terms of sales agreements and sign customers’ names without their knowledge or consent, the lawsuit said. When Mr. Potter refused, Mr. Patrick allegedly forged the document himself, said Mr. Potter, who filed a civil lawsuit last week in Worcester Superior Court. Mr. Potter said that September was the best month in sales in 14 years at Patrick Volkswagen. Mr. Potter said he urges customers to double-check copies of their sales contracts and compare them to what is on file at Volkswagen of America.

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telegram.com
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Renault-Nissan claims biggest global automaker title despite VW's record sales

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Melba Vasquez | 18 January, 2018, 19:05. In China, Volkswagen's largest market, which accounts for about half of the supply of main brand, sales rose 5.9% previous year to 3180000 cars. Last year's sales by the German firm, which is still dealing with fallout from a scandal over rigged diesel emissions tests, were its highest ever, helped by strong gains in China, Europe and South America. Samsung Electronics Announces Industry's First 16-Gigabit GDDR6 for Advanced Graphics Systems Samsung's 10nm 16GB GDDR6 memory will also provide a manufacturing productivity gain of over 30% its 20nm 8GB GDDR5 predecessor. Bannon Will Avoid Grand Jury in Mueller Investigation Bannon was issued a subpoena last week by Mueller's team to testify before a grand jury in the Russian Federation investigation.

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gkmen.com
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Volkswagen Beats Toyota Motor Corp (Adr)(NYSE:TM) as Largest Carmaker in the World • Library for Smart Investors (LFSI)

7203 VOW

Sales figures show that German auto giant Volkswagen has overtaken Toyota Motor Corp (ADR)(NYSE:TM) as the world’s largest car maker. Though Toyota is yet to release the number of cars it sold in 2017, the Japanese auto giant had forecast a figure of 10.4 million units. VW is expected to sustain the sales momentum in 2018 with new models as well as updates to its existing lineup. The Volkswagen Toureg sports utility vehicles will have an updated version coming out this year while a new Virtus will be launched in Latin America.

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Volkswagen sells record 10.74 million vehicles in 2017

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Volkswagen's sales rose 4.3 percent from 10.30 million in 2016, when the company passed Japan's Toyota to become the globe's largest auto producer for that year. FRANKFURT, Germany (AP) � German automaker Volkswagen had record sales of 10.74 million vehicles last year, but its bid to remain the world's largest carmaker was disputed by rival Renault-Nissan-Mitsubishi. Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi alliance, told a committee of the French National Assembly that his group was the world's biggest with 10.6 million vehicles last year, the French business publication Les Echos reported. Toyota estimated in December that it sold 10.35 million vehicles last year.

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Volkswagen to start Rwanda car assembly in May

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DE) said on Thursday it would start assembling three vehicle models at a new plant in Rwanda in May for local sale and use in its own new ride-sharing service. The company said it planned to spend $20 million to start developing the assembly plant and ride-hailing service - part of a push into sub-Saharan Africa. There were 300,000 cars in Rwanda last year, in a country of 12 million people, the CEO of the Rwanda Development Board, Clare Akamanzi, said as she welcomed the deal. The carmaker said it had registered a local company to run its ride-sharing service and signed up a local software firm to develop a smartphone application to hail rides.

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Global Electric Passenger Vehicles Market 2017: Key Players – Tesla Motors, BMW AG , Volkswagen , Mitsubishi , Mercedes-Benz and More

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WiseGuyReports published new report, titled “Global Electric Passenger Vehicles Market”. Moreover, lack of awareness among the population in developing countries, is also hindering the growth of global electric passenger vehicles market. • Volkswagen. • Mitsubishi.

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industrytoday.co.uk
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Volkswagen will start building cars in Rwanda

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Volkswagen Mobility Solutions Rwanda has been registered and is ready to operate. Kigali - The next milestone in Volkswagen Sub Saharan Africa strategy becomes reality with the registration of the company Volkswagen Mobility Solutions Rwanda. Some $20-million will be spent in Rwanda by VWSA during phase one of the integrated automotive mobility solutions. Schaefer said: "We believe in Rwanda and its people, we believe that Rwanda is uniquely positioned to roll out such an integrated mobility solution, and make a success of it.

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wheels24.co.za
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