Published on 28 Jan 2024 on Bloomberg via Yahoo Finance
(Bloomberg) -- Volkswagen AG joined Renault SA in walking back plans to sell shares in electric-vehicle businesses, deterred by slowing EV demand and a brutal market for initial public offerings.
Most Read from Bloomberg
Musk Says First Neuralink Patient Received Implant in BrainTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetUPS to Cut 12,000 Jobs, Bring Workers in Five Days a WeekBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual Verdicts