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Volkswagen announced Porsche IPO plan despite market doubts

On Monday, the Volkswagen Group proudly disclosed its intention to float the Porsche sports car brand, which could be one of the world's biggest

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Tesla cuts Model S/X prices by $8,500 in big quarter-end push

World's most valuable automaker Tesla is now offering significant discounts and incentives of up to $8,500 on some of its electric cars as the

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Tesla’s rival GM faces a major setback in the US market due to a battery shortage

American legacy automaker General Motors is currently having a major issue in its electric vehicle production due to increasing demand for its in-house developed battery platform.

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