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August 18, 2014
06:30 EDTVOLVY, AUDVFVolvo targets wealthy Chinese with vehicle revamp, Reuters says
Volvo's (VOLVY) latest generation of vehicles are revamped to include luxury designs and features that target China's wealthy population in hopes that the cars will reverse diminishing sales, according to Reuters citing comments from Volvo CEO Hakan Samuelsson. Samuelsson said, "Prices will be the same level as competitors like the Germans. Customers should not expect to buy them cheaper than an Audi (AUDVF)." Reference Link
News For VOLVY;AUDVF From The Last 14 Days
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November 27, 2015
08:25 EDTAUDVFAudi engines target of focus in Volkswagen emissions crisis, WSJ says
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November 25, 2015
17:35 EDTAUDVFCalifornia regulator orders Volkswagen to draft recall plan for 3-liter vehicles
California's Air Resources Board has sent an "In Use Compliance" letter notifying Volkswagen (VLKAY), Audi (AUDVF), and Porsche (POAHY) to start the process to recall and repair illegal emissions software in all 3-liter diesel vehicles, model years 2009-2015, sold in California. "The companies will now have 45 business days to assemble their plan and deliver it to the Air Resources Board. This action is the result of an admission by officials at Audi, manufacturer of all the engines involved, that the vehicles contain three undisclosed auxiliary emissions control devices," said the agency. Reference Link
November 19, 2015
06:29 EDTAUDVFAudi U.S. president: VW scandal won't diminish Audi sales in U.S., AP reports
Audi (AUDVF) U.S. sales will be largely unaffected by Volkswagen's (VLKAY) emissions cheating scandal, the Associated Press reports, citing comments from Audi of america president Scott Keogh. "We'll have a record November and a record December," Keogh said. Reference Link
05:36 EDTVOLVYVolvo reports Oct. truck deliveries up 2% to 20,193 vehicles
In October truck deliveries rose by 15% in Europe and by 6% in North America. On the other hand, deliveries decreased by 31% in South America and by 3% in Asia. In total the Volvo Group's wholly-owned operations delivered 20,193 trucks, which was 2% more than in October 2014. Production in North America will be adjusted as a consequence of lower demand and high inventories in the distribution channel.
November 17, 2015
10:01 EDTAUDVFAudi selects Sirius XM Connective Vehicle Services for Audi Connect
Sirius XM (SIRI) and Audi (AUDVF) of America announced that Audi has selected Sirius XM Connected Vehicle Services Inc., a unit of SiriusXM, to power emergency services for the next generation of Audi connect. The new emergency services will be available beginning with the model year 2017 Audi Q7, which goes on sale in January 2016.

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