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VWG reports 25% increase in EV sales
- 18/10/2022
- Posted by: Alan Feldberg
- Category: News
The Volkswagen Group has reported that sales of electric vehicles have risen 25% in the first nine months of 2022. Despite ongoing supply constraints, 366,400 battery electric vehicles have been delivered to customers since January, up from 293,000 in the prior-year period. Meanwhile, the EV share of all [...] -
Porsche IPO to fund Volkswagen electric shift
- 20/09/2022
- Posted by: Alan Feldberg
- Category: News
Porsche is expected to be valued at around €75bn when it floats on the Frankfurt stock exchange on 29 September. Parent company Volkswagen will offer 12.5% of Porsche, or 911 million shares, with shares valued at between €76.50 and €82.50. It hopes to raise up to €9.4bn from the offering, 49% of which [...] -
VWG reports robust growth
- 01/08/2022
- Posted by: Alan Feldberg
- Category: News
Volkswagen Group has published strong results for the first half of the year, with operating results before special items for the first six month totalling $13.2b, a 16.1% increase on the same period last year. It found that BEV demand continued to grow rapidly, with deliveries worldwide increasing by 27% to [...] -
VWG continues successful EV shift
- 19/04/2022
- Posted by: Alan Feldberg
- Category: News
Volkswagen Group continued its shift to electrification in the first quarter of 2022, lifting deliveries of all-electric vehicles by 65% year-on-year. Despite supply bottlenecks for semiconductors and wire harnesses, 99,100 BEVs were handed over to customers by the end of March, up from 60,000 in the opening [...] -
Unipart Logistics secures VWG contract
- 20/01/2022
- Posted by: Alan Feldberg
- Category: News
The Volkswagen Group has signed a two-year contract extension with Unipart Logistics to support its UK and Ireland aftermarket supply chain. Over 500 Unipart Logistics colleagues work in the Volkswagen Group's 650,000 sqft Tamworth hub, managing the full Aftermarket warehouse operation for Volkswagen Group [...]