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Volkswagen doubles EV sales in Europe, global deliveries edge up 1.4%

Volkswagen doubles EV sales in Europe, global deliveries edge up 1.4%

Investing.com -- Volkswagen Group (ETR:VOWG) nearly doubled its all-electric vehicle (BEV) deliveries in Europe in the first quarter of 2025, solidifying its position as the region’s leading electric vehicle manufacturer, the German carmaker said on Wednesday. Deliveries rose by 113% year-on-year to 158,100 units, giving the company a market share of around 26%.The surge in Europe helped li ...

2025-04-10 18:49:44
Taiwan stocks lower at close of trade; Taiwan Weighted down 4.02%

Taiwan stocks lower at close of trade; Taiwan Weighted down 4.02%

Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Optoelectronic and Electronic Parts/Components sectors led shares lower.At the close in Taiwan, the Taiwan Weighted declined 4.02% to hit a new 52-week low.The best performers of the session on the Taiwan Weighted were AV Tech Corp (TW:8072), which rose 9.91% or 2.85 points to trade at 31.60 at the close. Me ...

2025-04-10 18:47:33
TSMC posts 47% jump in March revenue on strong AI chip demand

TSMC posts 47% jump in March revenue on strong AI chip demand

Investing.com--Taiwan Semiconductor Manufacturing Co (TSMC) (TW:2330) on Thursday posted a sharp jump in March revenues, driven by robust demand for advanced chips and AI-related applications.Revenue for March came in at NT$285.96 billion ($8.71 billion), a 46.5% jump from NT$195.21 billion ($5.94 billion) in the previous year. March revenues were also up 10% from February,For the first quart ...

2025-04-10 18:46:10
LVMH finds making Louis Vuitton bags messy in Texas

LVMH finds making Louis Vuitton bags messy in Texas

By Tassilo Hummel and Waylon CunninghamALVARADO, Texas / PARIS (Reuters) -Six years ago, LVMH’s billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world’s best-known luxury brands.But since the high-profile opening, the factory has faced a host of problems limiting production ...

2025-04-10 18:44:08