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Volkswagen AG (0P6N.IL)

IOB - IOB Delayed price. Currency in EUR
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184.40-0.28 (-0.15%)
As of 01:04PM GMT. Market open.
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  • Reuters

    BYD set to be China's top-selling car brand for Nov, Tesla gains -data

    BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen brand in a reversal that highlights the pressure on legacy brands in the world's largest auto market. Tesla's retail sales in China also nearly doubled in November, from a year earlier, after the U.S. automaker cut prices and offered incentives on its Model 3 and Model Y, the data from China Merchants Bank International (CMBI) showed. Retail sales for BYD totaled 152,863 vehicles from Nov. 1 to Nov. 27, logging a nearly 83% increase in average daily sales compared to the same period a year earlier, according to the data.

  • Bloomberg

    Volkswagen, Mercedes Are in Canada’s Sights for EV Deals

    (Bloomberg) -- Canadian Prime Minister Justin Trudeau’s government is trying to land supply-chain deals with major German automakers in the face of fierce competition from the US on electric-vehicle production.Most Read from BloombergScientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in IceThese Are the Best and Worst Cities for Expats to Live and Work InNYC Becomes One Billionaire Family’s Haven From China Property CrashBanks Stuck With $42 Billion Debt Seize Chance to Offload ItIndustry M

  • Reuters

    Volkswagen in talks with Foxconn over plant for Scout vehicles - Automobilwoche

    Volkswagen is in talks with Taiwan's Foxconn about a partnership to build vehicles for the Scout brand, German autos publication Automobilwoche reported on Tuesday, citing Volkswagen company sources. Volkswagen said in May it planned to reintroduce the Scout off-road brand, creating a separate, independent company to build Scout trucks and SUVs starting in 2026 that will be designed, engineered, and manufactured in the United States for U.S. customers. Foxconn, best known for assembling Apple's iPhone, has expanded into building electric vehicles for auto brands, hoping for 5% market share in EV manufacturing by 2025.