Those of us familiar with Disney’s “Herbie” film series were perhaps not at all surprised at the recent travails to have hit VW. After all, if their cars can be intelligent enough to compete on their own in rally-car races, surely rigging the odd emissions test or two would be simple to do? Back in […]
Read MoreOne of the world’s largest sovereign wealth funds, Norway’s $325 billion oil fund, has written to Volskwagen AG expressing its “deep concern” about the Porsche merger saying the deal favors the Porsche and Piech families which together own 51 percent of VW. Norges ranks as the seventh largest owner of VW, with an investment of approximately EUR270 million as at […]
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