VW CEO says it would ‘have to consider’ tapping markets for Porsche IPO

FRANKFURT — Volkswagen boss Herbert Diess dodged questions about a potential initial public offering of Porsche AG, saying only that any steps to tap capital markets would have to be carefully considered. “As I said, we continue to review our set up. First priority is now to finance the battery ramp-up where we try to […] August 01, 2021 at 07:37AM

Comments

Post a Comment

Popular posts from this blog

Toyota, Aurora test-drive autonomous ride-hailing in Texas

SAN FRANCISCO — Japan’s Toyota Motor and Aurora Innovation Inc, a U.S. developer of automated driving systems, have started testing autonomous ride-hailing fleet in Texas, with two safety operators and no passenger on board, Aurora said. Toyota’s Sienna minivans, retrofitted with Aurora’s self-driving system, will be tested on highways and suburban streets in the Dallas-Fort-Worth […] The post Toyota, Aurora test-drive autonomous ride-hailing in Texas appeared first on Automoto Network . March 28, 2022 at 06:16AM
Keep reading

Toyota’s racing-inspired Hilux Revo GR Sport Lo-Floor is one odd truck

Toyota’s Thai division is hoping to reignite the street truck trend by launching a version of the rugged Hilux inspired by the race cars that compete in the Super GT series. Unusually low and two-wheel-drive, it’s accompanied by a taller, more off-road-focused performance model that offers four-wheel-drive and a handful of suspension upgrades. Illustrating two […] August 31, 2021 at 06:18AM
Keep reading