The European currency has become weaker due to the political situation in Greece, as well as several other economic changes. Several exporting companies, including Volkswagen AG (ADR) (OTCMKTS:VLKAY), are looking to benefit from the situation; the German automaker is looking to boost its vehicle exports.
At the Geneva Motor Show on Tuesday, Volkswagen AG’s (ADR) (OTCMKTS:VLKAY) Passat won 2015 European Car of the Year award. This is the second award Volkswagen has received this year. At the Detroit Auto Show, the German company’s Golf GTI won North American Car of the Year 2015, ahead of Ford Motor Company’s (NYSE:F) pony car, Mustang.
BAGHDAD — The Iraqi government Wednesday said that the second in command of ISIL had been killed in an airstrike carried out by the U.S.-led coalition in northern Iraq, a claim that U.S. officials said they could not confirm.
Iraq’s Ministry of Defence said that the militant leader, known as Abu Alaa al-Afari, was killed in a strike near the northern city Tal Afar. The U.S. Central Command acknowledged that airstrikes were conducted against the ISIL, near Tal Afar on Tuesday and Wednesday but could not verify the government’s claim.
Volkswagen will air a 60-second commercial at this year's Super Bowl, marking the the car brand's fifth consecutive year as a Super Bowl advertiser. The company announced the news Friday, saying its TV and social media advertising for this year's game will build on its "tradition of sharing simple, human stories."
By David Zanoni:There is something out there that has plans for world domination and it's not the Joker from Batman. It's Volkswagen (VLKAY.PK) - which plans to become the world's largest automaker by 2018. I admire the company for setting a lofty goal and working towards achieving it.