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The Wall Street Journal: Volkswagen sued by 300 institutional investors over fall in share price

2016-03-15 13:56:46| Automakers - Topix.net

Attorneys representing nearly 300 institutional investors, including U.S. investment fund CalPERS, are suing Volkswagen AG for 3.3 billion euros in damages as a result of the sharp drop in the car maker's share price in the wake of its emissions-cheating scandal.

Tags: price share street journal

 

Japanese public-private partnership to test end-to-end H2 supply chain using wind power to begin this fall; 2nd-life hybrid batteries for ESS

2016-03-14 14:56:14| Green Car Congress

Tags: power test fall supply

 
 

Oil prices fall 2% after Iran rejects output freeze proposal

2016-03-14 01:00:00| Offshore Technology

Oil prices have fallen by around 2% after Iran rejected plans to freeze oil production, hitting an agreement between Russia and Saudi Arabia to curb low global prices.

Tags: prices fall oil output

 

Russian car sales fall at slowest pace since 2014 in February

2016-03-10 17:00:36| Auto Dealers - Topix.net

Russian new-car sales fell at their slowest rate in 14 months in February as the ruble gained in strength and the government extended its support for the auto industry. Sales fell 13 percent from a year earlier to 111,145 after a 29 percent contraction in January, the Association of European Businesses , said in a statement today.

Tags: february sales car fall

 

Oil prices fall as global supply glut offsets strong demand

2016-03-10 01:00:00| Offshore Technology

Oil prices have dropped after US crude hit three-month highs, with analysts warning that such gains may not be sustainable as oversupply concerns continue to outweigh strong demand.

Tags: global prices fall strong

 

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