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VW Boosts E-Car Investment in Spain

German carmaker Volkswagen AG will invest $10.6 billion to make electric vehicles and batteries in Spain, Chief Executive Herbert Diess said on Thursday, around 3 billion euros more than it had previously committed. The company also announced a partnership deal with...

Volkswagen Makes $3.4B Europcar Bet on Mobility Services

A consortium led by Volkswagen has agreed with Europcar to launch a tender offer for the car rental company that values it at 2.9 billion euros ($3.4 billion) including debt, Europe’s largest carmaker said on Wednesday. Volkswagen, which has teamed up with asset...