Mercedes-Benz rules out possibility of Chinese shareholders blocking minority, report says – Automotive News Europe

BERLIN — Mercedes-Benz CEO Ola Kallenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority in the automaker. BAIC Group is the largest individual shareholder in Mercedes with 9.98 percent of voting rights. Geely Chairman Eric Li holds an equity interest of 9.69 percent, and the… Continue reading Mercedes-Benz rules out possibility of Chinese shareholders blocking minority, report says – Automotive News Europe

Mercedes-Benz CEO rules out possibility of Chinese blocking minority -Handelsblatt – Euronews

BERLIN – Mercedes-Benz CEO Ola Kaellenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority, in an interview with German daily Handelsblatt on Wednesday. “That is not the case. We have very good and strong relations with our investors,” Kaellenius told the daily. The two shareholders,… Continue reading Mercedes-Benz CEO rules out possibility of Chinese blocking minority -Handelsblatt – Euronews

Halfords and Palmer Foundation launch technician recruitment drive – Motor Trader

Halfords and the Palmer Foundation – the charity established by former Aston Martin CEO  Andy Palmer – have announced a partnership to help young people from disadvantaged backgrounds to train as automotive technicians. It is hoped the move will go some way to addressing the UK shortage of qualified motor technicians The new partnership is… Continue reading Halfords and Palmer Foundation launch technician recruitment drive – Motor Trader

Volkswagen board chairman says it will overtake Tesla by 2025 – Daily Mail

Volkswagen board chairman says it will overtake Tesla by 2025 because the electric car giant will be weakened by Elon Musk’s decision to ramp up two ‘highly complex factories’ at the same time Herbert Diess, the current chairman of the board of management of Volkswagen Group, said VW will take the lead over Tesla by… Continue reading Volkswagen board chairman says it will overtake Tesla by 2025 – Daily Mail

VW CEO Herbert Diess says Giga Berlin and Giga Texas ramp will weaken Tesla and allow them to be EV sales leader by 2025 – Drive Tesla Canada

Credit: Herbert Diess Volkswagen CEO Herbert Diess has commented several times that it will be a “tight race” to overtake Tesla and become the global electric vehicle (EV) sales leader by 2025. However in new comments to employees today, Diess expects the opening of Tesla’s two new Gigafactories to be their window of opportunity to… Continue reading VW CEO Herbert Diess says Giga Berlin and Giga Texas ramp will weaken Tesla and allow them to be EV sales leader by 2025 – Drive Tesla Canada

Tesla and�VW duke it out for EV dominance – Autoblog

McDonalds versus Burger King. Apple versus Microsoft. Coca-Cola versus Pepsi. The business world is riddled with rivalries. A new one may be taking shape as Volkswagen tries to unseat Tesla as the leading maker of electric cars. VW is in a “good second position” behind Tesla on EVs and making progress on battery production, charging… Continue reading Tesla and�VW duke it out for EV dominance – Autoblog

General Atlantic CEO: Investment opportunities still at exorbitant prices – Globes

Global growth equity fund General Atlantic chief executive officer Bill Ford is not surprised by the bubble that has been created in the tech market in recent years. As somebody who has been working with the biggest Wall Street investment institutions over the past 15 years in his current position, he found that what has… Continue reading General Atlantic CEO: Investment opportunities still at exorbitant prices – Globes

What Ford’s conversion of 3,000 temps means for these workers – Detroit News

This content is only available to subscribers. Get unlimited digital access $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading What Ford’s conversion of 3,000 temps means for these workers – Detroit News

A 38-Minute Interview With Todd Bowles, And More – JoeBucsFan.com – Joe Bucs Fan

A 38-Minute Interview With Todd Bowles, And More June 23rd, 2022 Podcast (ira-kaufman-podcast): Play in new window | Download | Embed Subscribe: Click above to shop now at Tampa’s first family of Ford, BillCurrieFord.com. Reach out to Ira’s friend and GM Sean Sullivan for a hearty JoeBucsFan discount, and remember their nationwide lifetime warranty on… Continue reading A 38-Minute Interview With Todd Bowles, And More – JoeBucsFan.com – Joe Bucs Fan

VW CEO Diess warns car plants are at risk from energy supply halt – Automotive News Europe

Volkswagen Group CEO Herbert Diess warned that the shift away from Russian energy isn’t happening fast enough to shield the German automaker from a sudden stop in natural-gas deliveries. VW will keep the ability to run its power plants with coal instead of gas because of Germany’s reliance on Russian imports, Diess said in an… Continue reading VW CEO Diess warns car plants are at risk from energy supply halt – Automotive News Europe