audi

Volkswagen Delivered 10.8 Million Vehicles in 2018

Volkswagen Delivered 10.8 Million Vehicles in 2018

Volkswagen Group’s deliveries rose 0.9% to a record 10.83 million last year, according to the German company, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world’s biggest vehicle manufacturer.Rivals Toyot..

Oil Prices Plunge 7% to One Year Low

Oil Prices Plunge 7% to One Year Low

Oil prices plunged by 7% on Friday, falling to its lowest levels in over a year. Oil price concerns have caused the stock market to decline heavily into bear territory over the recent months.Friday’s decline was pressured by OPEC’s antic..

Ford's Future in the Automotive Industry Relies on Two Partnerships

Ford's Future in the Automotive Industry Relies on Two Partnerships

After beating expected earnings a week ago, Ford Motor (F:NYSE)  is trying to change the perception of it being a struggling Company. It is reportedly teaming up with Baidu (BIDU: NASDAQ) in China and Volkswagen (VLKAY: OTC) in efforts for elec..

Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors

Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors

Shares of Tesla Inc. (NASDAQ: TSLA) slid as much as 2% after Saudi Arabia's public investment firm announced a USD 1 Billion investment in rival Lucid Motors.The Kingdom's Public Investment Fund had previously been in talks with Tesla around..

AMC Entertainment Holdings Inc to Open First Cinema in Saudi Arabia

AMC Entertainment Holdings Inc to Open First Cinema in Saudi Arabia

Saudi Arabia’s Ministry of Culture and Information announced on Wednesday that it granted the first cinema operating license to AMC Entertainment Holdings Inc (NYSE: AMC). In a decision in December, the Ministry of Culture and Information anno..

Apple Rumored to be Talking with SAGIA to Open Stores in Saudi Arabia

Apple Rumored to be Talking with SAGIA to Open Stores in Saudi Arabia

Apple Inc. (NASDAQ: AAPL) stores could begin opening in Saudi Arabia as soon as 2019 as the country attempts to move towards a more futuristic look. Saudi Arabian officials are currently in licensing discussions with Apple and Amazon.com, Inc. (NAS..