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In business, comebacks are celebrated, yet sustaining success is far more difficult. Few companies illustrate that better than Tata Motors.
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Chery’s high global ambitions and the early success of its multi-brand strategy are attracting attention.
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Volkswagen’s software unit Cariad and Bosch started the partnership in 2022 to develop software and hardware for driver assistance and automated driving systems for Volkswagen Group brands.
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The large SUV will be made by Stellantis and Dongfeng at Dongfeng’s Wuhan plant in China.
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Dr. Stefan Hartung is unexpectedly stepping down from his position as Bosch chairman and CEO.
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China's ambassador to Canada, Wang Di, said the shipment would mark the first arrival of Chinese-built cars under a deal allowing up to 49,000 Chinese EVs a year into the country at lower tariff rates.
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Vehicle production was held back by a sharp decline in exports.
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All three variants of the Cayenne – combustion, hybrid, and electric – are currently assembled at Volkswagen Group's Bratislava facility on a recently installed, heavily automated production line.
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Global volumes were driven lower by weak overseas sales.
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Both domestic and overseas sales declined last month.
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