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DAXX:VOW, Sep 26, 09:43 UTC

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Unipart and Volkswagen Group UK Sign Five-year Contract

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Unipart Logistics is managing the full aftermarket warehouse operation for Volkswagen Group UK, The operation will service more than 900 retailers and trade partners across the UK for the Volkswagen, Audi, SEAT, SKODA, TPS and Volkswagen Commercial brands. Volkswagen Group is the world's largest automotive manufacturer by sales, selling almost 11 million vehicles worldwide in 2017. Claire Walters, Chief Commercial Officer Unipart Logistics commented: "We are delighted to have won this prestigious contract with Volkswagen Group UK to become their supply chain partner for the future. We are looking forward to working in partnership to drive up availability and service for their retailers, trade partners, and most importantly, their end customers." Unipart Group is a leading UK manufacturer, full-service logistics provider, and consultant in operational excellence.

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Sunday, September 23


News

Volkswagen's Porsche drops diesel in electric car push

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FRANKFURT (Reuters) - Volkswagen's Porsche will stop offering diesel versions of its cars, the unit said on Sunday, sharpening its focus on hybrid and battery-powered vehicles instead. Volkswagen has admitted to deliberately cheating diesel emissions tests, sending shockwaves through the automotive industries and causing a sector-wide crackdown on polluting diesel engines. As a result, carmakers around the world have ramped up spending on the development of electric cars, hoping to catch up with pioneer Tesla. "Porsche is not demonising diesel. It is, and will remain, an important propulsion technology," Porsche Chief Executive Oliver Blume said in a statement. Porsche, which is investing more than 6 billion euros ($7.1 billion) in electric mobility by 2022, said that demand for diesel models was dropping, adding their share of worldwide Porsche cars was 12 percent in 2017.

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Volkswagen's Porsche to stop offering diesel models

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FRANKFURT (Reuters) - Volkswagen's (VOWG_p.DE) Porsche will stop offering diesel versions of its cars, the unit said on Sunday, sharpening its focus on hybrid and battery-powered vehicles instead. "Porsche is not demonizing diesel. It is, and will remain, an important propulsion technology," Porsche Chief Executive Oliver Blume said in a statement. "We as a sports car manufacturer, however, for whom diesel has always played a secondary role, have come to the conclusion that we would like our future to be diesel-free." Porsche, which is investing more than 6 billion euros ($7.1 billion) in electric mobility by 2022, said that demand for diesel models was dropping, adding their share of worldwide Porsche cars was 12 percent in 2017.

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Volkswagen's Porsche to stop offering diesel models

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FRANKFURT (Reuters) - Volkswagen's (VOWG_p.DE) Porsche will stop offering diesel versions of its cars, the unit said on Sunday, sharpening its focus on hybrid and battery-powered vehicles instead. "Porsche is not demonizing diesel. It is, and will remain, an important propulsion technology," Porsche Chief Executive Oliver Blume said in a statement. "We as a sports car manufacturer, however, for whom diesel has always played a secondary role, have come to the conclusion that we would like our future to be diesel-free." Porsche, which is investing more than 6 billion euros ($7.1 billion) in electric mobility by 2022, said that demand for diesel models was dropping, adding their share of worldwide Porsche cars was 12 percent in 2017.

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Saturday, September 22


News

VW's Porsche to stop offering diesel models - Bild am Sonntag

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Volkswagen's Porsche to stop offering diesel models - Bild am Sonntag. FRANKFURT (Reuters) - Volkswagen's <VOWG_p.DE> Porsche will stop offering diesel versions of its cars, the unit's chief executive told a weekly newspaper, responding to ever tougher requirements to curb CO2 emissions. "There won't be any more diesel cars from Porsche in the future," Oliver Blume told Bild am Sonntag in an interview. Blume said that going forward, Porsche wanted to focus on products it was good at: "It's emotional, powerful petrol cars and hybrids and from 2019 this will also include all-electric vehicles."

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Friday, September 21


Social Chatter

Volkswagen AG (DAXX:VOW) social chatter is higher than usual

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Apple has greater market value than following companies combined: - Boeing - Toyota - McDonalds - Nike - Volkswagen - General Motors - Airbus - Adidas - Twitter

Thursday, September 20


In The News
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Volkswagen To Comply With U.S. Sanctions

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Morgan Stanley Investment Mgmt Inc, Mng Dir/Chief Global Strategist/Head:Emerging Markets. Matthew R Shay "Matt" National Retail Federation Inc, President/CEO. Trump warned businesses they had to choose between the U.S. and Iran. Kim Jong Un Has A Private Message For Trump1 hours ago.

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Model Year End Savings Event Swoops in at First Team Volkswagen

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ROANOKE, Va., September 20, 2018 /PRNewswire-iReach/ -- Though the first day of fall isn't until Sept. 22, the model year is already coming to a close in the automotive world. Every year as the temperatures cool, First Team Volkswagen hosts the Model Year End Savings event. This is a time when outgoing model year vehicles are offered at attractive prices to help the dealership clear out inventory and free up space for incoming stock. The dealership already has the 2019 Volkswagen Jetta available, but other models will soon arrive. For drivers who want a new vehicle but don't necessarily need the latest upcoming updates, it's an ideal time to take a test drive.

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In The News

Volkswagen AG (DAXX:VOW) article volume is higher than usual

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Germany's VW to leave Iran, says US official view top sourcebeta

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dw.com