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Dyno

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10/09/19

12:06

Post #: 40366632
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Originally posted by pc3: ↑

SB wish I was as talented as you at trading the volatility with say half my holdings, I'd have a bigger holding, but now we are sooo close I think it's fraught with danger for me as ANY DAY a company making Ann could drop and the sp will head North, and my research leads me to believe Sconi gets built (I seem to be able to buy but struggle to sell ).....but for a simple FA guy I think medium to long term the story just keeps getting better.

Volkswagen takes a bet that the future of cars electric

Volkswagen owns the Bugatti, Porsche, Skoda, Lamborghini and SEAT brands. All will be releasing electric cars.

At the Frankfurt show not only did VW link its future to electric vehicles, but announced a radical transformation in the group that is unparalleled since World War II.

VW is spending €30 billion over the next five years to make an electric or hybrid version of every vehicle in its line-up, and it plans to launch 70 new electric models by 2028. By the end of 2030, it wants four of every 10 cars it sells to be electric.

General Motors has been an electric car laggard and has two very public failures because it moved too early.

But last weekend, on the eve of the Frankfurt car show, General Motors announced that arguably its best brand, Cadillac, will become the group’s leading electric vehicle brand.

The first model will feature GM’s all-new battery electric vehicle architecture, which will underpin a “family of profitable EVs”, the company announced.

Ford has released the first pictures of the Mustang-inspired prototype for its upcoming first car built to be electric from the ground up.

Last year, Ford said that it was going “all-in” on EVs following Jim Hackett’s appointment as CEO.

Hackett formed a new internal group called “team Edison” to develop electric car programs and shifted one third of internal combustion engines investment to electric vehicles.

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they also own MAN trucks and power equipment (Big power generation and marine ship power plants) and Scania trucks.

AUZ Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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