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Skoda CEO seeks to calm fears about push downmarket

21.October 2019

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Skoda has sought to reassure its employees after reports suggested that its owner, Volkswagen Group, is considering repositioning the brand downward to compete with low-cost marques such as Renault’s Dacia.

German carmakers to bid for Nokia map unit

28.July 2015

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Germany’s premium automakers Mercedes-Benz, Audi and BMW have teamed up with private equity firm General Atlantic to raise their chances of clinching Nokia’s map unit HERE, two people familiar with the matter said.

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