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Volkswagen To Invest USD 800 Million In Electric Vehicles

Volkswagen To Invest USD 800 Million In Electric Vehicles

Volkswagen Group (OTCMKTS: VWAGY) announced on Monday that the Company will invest USD 800 Million into a manufacturing base for electric vehicles. The Company’s North American base will be located in Chattanooga, Tennessee. This undertak..

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..

Daimlers Fight For Dominance in the Electric Car Buisness

Daimlers Fight For Dominance in the Electric Car Buisness

Feeling the heat from Elon Musks all-electric battery powered Tesla Inc (NASDAQ: TSLA) Semi’s revealed in November, German company Daimler (DAI), one of the worlds biggest truck-maker companies and best known for its Mercedes brand, has d..

Microsoft opens data centers in Switzerland and Middle East

Microsoft opens data centers in Switzerland and Middle East

Microsoft Corporation (NASDAQ: MSFT) on Wednesday announced that it is planning to open its first data centers in the Middle East and Switzerland, it also plans to expand its cloud services in Germany to meet the growing demand.Microsoft’s fir..

Europe's Stock Markets Jarred by Political Risks

Europe's Stock Markets Jarred by Political Risks

Political analysts are sure about only one factor when it comes to Italy's coming elections: the polls will be affected by uncertainty. Italy now goes to the hustings after Germany went to the polls in September 2017. The Italians will cast thei..