Here is how RENAULT (RNLSY) and Volkswagen AG Unsponsored ADR (VWAGY) have performed compared to their sector so far this year.
BERLIN (Reuters) -Volkswagen is looking at setting up a battery cell factory in Ontario, Germany's Handelsblatt business daily reported on Tuesday, adding the Canadian province had offered investments and other incentives. Five entries from this month are listed in a lobby register of the province for Volkswagen, including one that mentions Volkswagen Chief Executive Oliver Blume by name, the report said, citing the documents. A Volkswagen spokesperson did not want to comment on the Handelsblatt report and said a decision on the location of a North American factory had not yet been made.
A new era of racing at the Rolex 24 at DAYTONA race this past weekend, with Acura, BMW, Cadillac, and Porsche all competing in a new hypercar category, known as the Grand Touring Prototype (GTP) class. Cadillac’s Global VP, Rory Harvey, is bullish on the new racing format, and the tech.