Author: Interview Scanning Online

CEO says Volkswagen has ‘seen the worst’ of the chip shortage – CNN

CEO Herbert Diess told CNN Business on Thursday that the world’s second largest automaker has “seen the worst” of a chip shortage that badly dented its third quarter earnings. “We had really a challenging quarter,” Diess told Anna Stewart during an interview. “We have better [chip] supply now and hopefully months after months we can… Continue reading CEO says Volkswagen has ‘seen the worst’ of the chip shortage – CNN

Tesla’s groundbreaking influence in EV sector appreciated by VW and Ford CEOs – Teslarati

By Joey Klender Posted on October 28, 2021 Tesla’s groundbreaking influence in the electric vehicle sector has been recognized by Volkswagen AG CEO Herbert Diess and Ford CEO Jim Farley, who both recognized the automaker and CEO Elon Musk’s efforts as the benchmark for the sector. It is no secret Tesla and Musk have been… Continue reading Tesla’s groundbreaking influence in EV sector appreciated by VW and Ford CEOs – Teslarati

GM can ‘absolutely’ catch Tesla in EV sales by 2025, says CEO Mary Barra – CNBC

GM can ‘absolutely’ catch Tesla in EV sales by 2025, says CEO Mary Barra  CNBC Mary Barra Says GM Can Catch Up To Tesla In EV Sales By 2025  GM Authority GM CEO is confident they can catch up to Tesla by 2025, but we’re skeptical  Electrek Barra: GM Will “Absolutely” Catch Tesla In US EV Sales By… Continue reading GM can ‘absolutely’ catch Tesla in EV sales by 2025, says CEO Mary Barra – CNBC

Nissan ex-chair Ghosn set on restoring reputation – The Independent

Carlos Ghosn, the former auto industry superstar whose career screeched to a halt with his arrest three years ago, isn’t about to settle into quiet retirement. The former head of the Nissan-Renault alliance fled to Lebanon in late 2019, while out on bail facing financial misconduct charges in Japan In a recent interview with The… Continue reading Nissan ex-chair Ghosn set on restoring reputation – The Independent

Carlos Ghosn: Landed as a legend, left in a packing crate – Management Today

The November 2018 arrest of auto legend Carlos Ghosn by Japanese prosecutors was improbable on almost every level. The man who had engineered the rescue of Nissan Motor Company by France’s Renault and created the world’s biggest auto alliance had no inkling of trouble ahead. Neither Nissan’s board nor the company’s auditors ever asked him… Continue reading Carlos Ghosn: Landed as a legend, left in a packing crate – Management Today

GM sets to double revenue, lead US in electric vehicle sales – Yahoo Eurosport UK

WARREN, Mich. (AP) — General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most tasks on the… Continue reading GM sets to double revenue, lead US in electric vehicle sales – Yahoo Eurosport UK

AutoNation gobbles up used cars to turn profit amid chip crisis – The Seattle Times

AutoNation, the country’s largest car-dealer chain, posted better-than-expected third-quarter profit by pivoting to used-vehicle sales as an ongoing chip shortage choked off the supply of new automotive inventory. The Fort Lauderdale, Florida-based retailer delivered earnings per share of $5.12, beating the $4.14 average estimate of eight analysts surveyed by Bloomberg. Revenue from used-car sales surged… Continue reading AutoNation gobbles up used cars to turn profit amid chip crisis – The Seattle Times