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Volkswagen partially floats truck group to fund electric car push
News
30th Jun 2019
1 min read

Volkswagen partially floats truck group to fund electric car push

Volkswagen has floated 11.5 per cent of its truck-making unit, now named Traton, on the Frankfurt and Nasdaq Stockholm stock exchanges. Weak demand from investors had forced the automaker to price the listing at the low end of its target price range. It also meant the company couldn't float the 25 per cent it had wanted to let go of.
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Derek Fung
Saab buyers defect, new owners lose griffin
News
4th Sep 2012
1 min read

Saab buyers defect, new owners lose griffin

With the slow demise of Swedish manufacturer Saab culminating in its bankruptcy declaration in 2011, previous buyers of the marque have been found to have defected to vehicles from the likes of Honda, Volkswagen, Audi and Toyota.
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David Zalstein
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