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Volkswagen FS places €2.7bn in bonds and ABS

Volkswagen Financial Services (VWFS) has placed three bonds for €2.25bn (£1.95bn) in total volume, as well as AUD 750m (£407m, €467m) in securities backed by Australian receivables.…

BMW and Daimler to combine mobility services

German manufacturing giants BMW Group and Daimler have agreed to merge their mobility service business units, subject to approval from the responsible competition authorities. BMW …

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