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August 18, 2014
06:30 EDTAUDVF, VOLVYVolvo 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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October 1, 2015
05:32 EDTVOLVYALLDATA Europe announces licensing agreement with Volvo
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September 28, 2015
06:57 EDTVOLVYNHTSA mulls Takata air bag recall expansion, Bloomberg reports
The National Highway Traffic Safety Administration, or NHTSA, is mulling an order that would expand that recalls of Takata (TKTDY) air bags and has contacted seven manufacturers who may be affected, including Volkswagen (VLKAY) and Tesla (TSLA), Bloomberg reports. Takata had identified seven companies that it has supplied with air bag inflators that use ammonium nitrate propellant, the report says, citing NHTSA letters dated September 22. The NHTSA also contacted Mercedes-Benz (DDAIF), Jaguar Land Rover (TTM), Suzuki (SZKMF), Volvo Trucks (VOLVY), and Spartan Motors (SPAR), the report says. Reference Link
September 24, 2015
13:54 EDTAUDVFVolkswagen to fire U.S. CEO, other executives, Reuters says
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09:00 EDTAUDVFTwo high-ranking VW engineers to quit amid scandal, Reuters reports
Two of Volkswagen's (VLKAY) highest ranking engineers will quit as the car maker is making steps to clear the air amid the diesel emissions scandal, Reuters reports, citing a report from Bild. Audi (AUDVF) R&D boss Ulrich Hackenberg and Porsche's (POAHY) engine chief Wolfgang Hatz will be terminated at a supervisory board on Friday, the report says. Reference Link
06:41 EDTAUDVFVW sent letters in April informing owners of emissions glitch, Reuters says
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September 23, 2015
14:52 EDTVOLVYNavistar slides after VW scandal makes potential takeover unlikely
Shares of truck maker Navistar (NAV) have been under pressure since the start of the Volkswagen (VLKAY) emissions probe. WHAT'S NOTABLE: Navistar, which is based in the U.S., has long been seen as a possible target of Volkswagen. Navistar would give Volkswagen a footing in the U.S commercial truck market and allow it to better compete with Daimler (DDAIF) and Volvo (VOLVY) in that sector. On March 5, shares of Navistar jumped after The Deal's senior transportation writer Lou Whiteman wrote that the company could become a target for Volkswagen, Daimler or PACCAR (PCAR). Earlier today, Dow Jones wrote that Volkswagen's growing scandal over diesel engine emissions will likely distract the German automaker's interest in Navistar. PRICE ACTION: Since September 18, when the EPA first announced it was issuing a notice of violation to Volkswagen, shares of Navistar are down approximately 19%. Navistar is at a 52-week low, down over 8% to $13.70 in afternoon trading.

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