BIZARRE: 9 - What They Never Told You

VW Boss: 'Decades of Structural Problems' Led to Crisis

To say Volkswagen is going through a rough patch would be an understatement. The Group’s latest numbers look terrible: Earnings after tax collapsed by 63.7% in the third quarter when sales dropped by 8.3%. Through this year's first nine months, profits are down 30.7% and sales are 4.4% lower. CEO…

Motor1 · Nov 4, 2024

'Volkswagen Is Not Earning The Money It Needs'

We knew something like this was going to happen. But now we know the numbers. After more than a year of operating in an unprecedentedly tough environment in Europe and China, things came to a head for the Volkswagen Group this week as it posted its third-quarter financial results. And…

InsideEVs · Oct 30, 2024

Nine-figure profit shows merging Greater and Permanent was the right move

NGM Group's first full financial year results are in.

Newcastle Herald · Oct 16, 2024

Motorcycle Manufacturer KTM Cuts More Employees, Almost As Much as MV Agusta Added

KTM parent company Pierer Mobility Group already laid off close to 300 employees in the first half of 2024, and now it's about to cut even more to save money.

RideApart · Sep 4, 2024

Power 50 2024: The first ten nominees revealed!

Here are the first 10 members of the Power 50 2024.

TechRadar · Aug 22, 2024

With the right data, convenience stores could transform the fortunes of retailers and suppliers

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The Independent UK · Aug 14, 2024

3 Insurance Stocks With Bullish Analyst Price Targets

The insurance industry is growing strongly with increasing insurance rates, evolving demand from consumers, and technological advancements. Hence, amid bullish price targets, investing in quality insurance stocks Progressive Corporation (PGR), W. R. Berkley (WRB), and Unum Group (UNM) could be wise. Read more.

StockNews.com · Aug 7, 2024

Olympics drive down Air France-KLM profits

Air France-KLM recently reported a decline in profits for its latest quarter, attributing the downturn to a reduction in passenger traffic as the Paris Summer Olympics approach. This unexpected drop has led the airline group to revise its annual financial forecasts downward and intensify its efforts to reduce costs. The…

Radio France Internationale · Jul 25, 2024

Tesla Was Still The World's Largest EV Maker In Q2, Ahead Of BYD

In the past quarter, Tesla once again sold the highest number of all-electric cars among all automotive groups in the world.

InsideEVs · Jul 22, 2024

Swatch Profits Plunge As China Luxury Crisis Bites

Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in China and warned Monday the key market was likely to remain difficult throughout the rest of the year.

International Business Times · Jul 15, 2024