Volkswagen Group Chief Financial Officer Arno Antlitz said he expects next year to be “even more challenging” than 2022 as inflation and a worsening economic outlook cut into demand. Antlitz, speaking Thursday in a Bloomberg TV interview, said VW will need to improve productivity and lower fixed costs as the automaker cannot fully pass on… Continue reading VW expects 2023 to be more challenging than 2022 – Automotive News Europe
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Final goodbye: Recalling influential people who died in 2022 – ABC News
One would have to go back hundreds of years to find a monarch who reigned longer than Queen Elizabeth II. In her 70 years on the throne, she helped modernize the monarchy across decades of enormous social change, royal marriages and births, and family scandals. For most Britons, she was the only monarch they had… Continue reading Final goodbye: Recalling influential people who died in 2022 – ABC News
Meet the teen who believes he’ll still be talked about in a century – Sydney Morning Herald
Normal text sizeLarger text sizeVery large text size Every elite swimmer dreams of winning an Olympic gold medal. The more ambitious ones set their sights higher, with world records firmly on their minds. Then there are the ones who want to create a legacy, swimming times that those before them could never have imagined possible.… Continue reading Meet the teen who believes he’ll still be talked about in a century – Sydney Morning Herald
“Get back here. You’re in trouble..”: Long Before Teaming Up with Michael Jordan, Dennis Rodman Found Himself in Vegas While His Team Needed Him On the Court – EssentiallySports
Dennis Rodman was renowned among the masses for his eccentric character and bizarre antics. Though he was famous for these activities, they landed him in trouble quite a lot of times. Most of these incidents happened during his days at the Chicago Bulls. However, some notable incidents also happened before he joined the team of… Continue reading “Get back here. You’re in trouble..”: Long Before Teaming Up with Michael Jordan, Dennis Rodman Found Himself in Vegas While His Team Needed Him On the Court – EssentiallySports
BMW CEO to Step Down After Doubts Mounted About His Tenure – Bloomberg
BMW CEO to Step Down After Doubts Mounted About His Tenure Bloomberg Go to Source
More turmoil in the auto industry: BMW chief executive Harald Krueger is stepping down – CNN
London CNN Business — BMW is seeking a new leader as it works to find its place in a global auto sector disrupted by the rapid rise of electric vehicles. The luxury car company announced Friday that Harald Krueger is standing down after four years as CEO. The company’s board will address the matter of… Continue reading More turmoil in the auto industry: BMW chief executive Harald Krueger is stepping down – CNN
BMW curse claims Krueger as its latest victim – Automotive News Europe
Industry insiders have often suspected the top job at BMW’s Four Cylinder headquarters is cursed — that is at least, half the time. Seemingly without exception a failed CEO always follows a successful one. Bernd Pischetsrieder followed Eberhard von Kuenheim, Helmut Panke bowed out after Joachim Milberg and now Harald Krueger with Norbert Reithofer. On… Continue reading BMW curse claims Krueger as its latest victim – Automotive News Europe
Share slump hits EV juniors – GoAutoNews Premium
SIX of the world’s electric vehicle players have lost a combined $US1 trillion ($A1.48t) in market capitalisation in the past 12 months in a trend that could mark the beginning of realistic company valuations and changing shareholder perceptions of EV manufacturers. The six companies – Tesla, Nio, Xpeng, Lucid, BYD and Rivian – are pure… Continue reading Share slump hits EV juniors – GoAutoNews Premium
Europe’s Electric Car Revolution Is Underway, But Dissenters Expect Trouble – Forbes
Camille Jenatzy (1868-1913) in his aluminium battery-driven electric car ‘La Jamais Contente’, 1899. … [+] (Photo by: Universal History Archive/Universal Images Group via Getty Images) Universal Images Group via Getty Images The European Union has decided that by 2035 the sale of new internal combustion engines (ICE) will be banned, and all new cars will… Continue reading Europe’s Electric Car Revolution Is Underway, But Dissenters Expect Trouble – Forbes
VW to serve the US American market with more SUVs – electrive.com – www.electrive.com
Volkswagen’s new North American CEO, Pablo Di Si, has announced in an interview that he wants to set up his business unit more independently. He wants to more than double the market share by 2030 with new electric SUVs that are to be different from the European models. As Di Si, who succeeded Scott Keogh,… Continue reading VW to serve the US American market with more SUVs – electrive.com – www.electrive.com