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Volkswagen wrote down majority of its stake in Northvolt
Volkswagen records major writedown on its stake in battery maker Northvolt - Reuters
Volkswagen (OTCPK:VWAGY) has taken a major writedown of its 21% stake in the Swedish battery company, Northvolt, Reuters reported Monday, citing two sources. The writedowns at the German automobile giant were done throughout the current financial year,
Volkswagen has taken major writedown on Northvolt stake, sources say
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States last week, two people familiar with the matter said.
Volkswagen wrote down majority of its stake in Northvolt over past year
Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish battery maker’s filing for Chapter 11 bankruptcy, according to people close to the German carmaker.
2h
on MSN
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Volkswagen boss warns that plant closures are inevitable as unions begin strike action
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Volkswagen CEO says layoffs and plant closures necessary for €4bn savings
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Business Insider on MSN
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China's 'ruinous' EV price war cannot last forever, says Volkswagen exec
Volkswagen
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Opinion
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Opinion
Book review: Larry D. Thompson’s memoir revisits lessons from Enron, Volkswagen, PepsiCo.
Former U.S. Deputy Attorney General Larry D. Thompson participated in landmark legal cases, such as the Justice Department's ...
3d
Volkswagen Faces Prospect of Strikes in December as Talks With Unions Set to Continue
Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from ...
Legit on MSN
3d
Volkswagen workers head towards strikes from December
Volkswagen workers in Germany took a step closer to strike action on Thursday, after unions and management met for the third ...
Motor Trend
3d
Volkswagen Says New Hybrids Are Coming—But You Gotta Wait
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autoevolution
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Here Are All the Ways the 2025 Volkswagen Tiguan Is Better Than Before
German carmaker Volkswagen unveiled the new generation Tiguan, upgrades target everything from design to comfort and ...
17h
on MSN
Volkswagen’s affordable ID.2 EV remains on track
Volkswagen remains committed to launching its affordable ID.2 EV by the end of 2025 or early 2026.The Latest Tech News, ...
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