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Since early 2021, over 17,000 VW customers have paid for repairs over time with Sunbit technology.
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The aim is to increase production in what’s currently a largely manual process.
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Adjacent property is sold to facilitate the transaction.
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Now continent’s most valuable carmaker after blockbuster IPO.
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GM surges, peers also gain, though some see declines amid market pressures.
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BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.
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Customers in select regions can now schedule an in-person Alexa guided test drive of VW’s ID.4 SUV.
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Porsche SE, Volkswagen’s biggest shareholder, said it plans to scoop up 25 percent, plus one extra share, in carmaker Porsche AG voting stock when VW lists the sports car brand.
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Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a EU plan to ban the sale of new gasoline and diesel-powered vehicles in 2035 by five years.
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Experts predict the Russian invasion of Ukraine could slash global production of new cars and trucks by millions of units in 2022.
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