CPCA says FAW-Volkswagen (VOW3 GY) and SAIC-VW sold a combined 177,434 passenger vehicles in China in March
The sales figures from FAW-Volkswagen and SAIC-VW indicate solid demand for Volkswagen's passenger vehicles in China for March, which could be seen as a positive signal for the company's growth in one of its largest markets.
In addition to Asian countries, France and Italy are directly negotiating with Iran to allow their ships to pass through the Strait of Hormuz from Iran, CNN reports
Indian Foreign Exchange Reserves (Apr/03) 697.12
CPCA says FAW-Volkswagen (VOW3 GY) and SAIC-VW sold a combined 177,434 passenger vehicles in China in March
Iranian spokesperson of the Supreme Leader says Iran will reopen the Strait of Hormuz after the war with the US and Israel ends, TASS reports
Three Iran-linked tankers, including one crude oil supertanker have sailed through the Strait of Hormuz in the past 24 hours, according to shipping data; one sanctioned gas tanker and one dry bulk ship is in the process of shipping out of the Strait
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This level of sales might support VW's outlook and investor sentiment, especially within the auto sector, and could have implications for its stock performance in the European markets, including indices like the DAX and EURO STOXX 50.
Related headlines
- Newsquawk Daily European Equity Opening News - 9th September 20261 hour ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 11 hours ago
- US EQUITY OPEN: US indices open in the red amid downbeat risk tone after Labor Day holiday17 hours ago
- European Movers: Airbus (AIR FP) -1.3%, LVMH (MC FP) -1.3%, Orsted (ORSTED DC) -1.6%, Inditex (ITX SM) -3%, Burberry (BRBY LN) -3%22 min ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results1 hour ago
- Merck (MRK) veteran and psychedelics developer tapped for top FDA job11 hours ago
- Newsquawk European Market Wrap - 8th September 202617 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war4 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: China is to allow its USD 568bln social security fund to access the Southbound Bond Connect program6 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)6 hours ago
- Santander (SAN SM) files to sell USD-denominated 3-parter19 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates4 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20306 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging7 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks8 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs9 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies10 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective16 hours ago
- Russia's Kremlin says US President Trump and Russian President Putin spoke on the phone; conversation was open and constructive and lasted one hour.17 hours ago
- Corning (GLW) has entered into a fibre deal with Verizon (VZ) for the building of AI connectivity, CNBC reports18 hours ago
The whole workspace, free to try.
Try it free