Don’t want to end up like Nokia: Volkswagen chief Herbert Diess to staff – Deccan Herald

By Christoph Rauwald, Tara Patel and Chad Thomas Volkswagen AG is at a critical juncture. It has weathered the pandemic relatively well but is fretting about cases going up again. It has electric cars rolling out but is well behind Tesla Inc. And it has massive manufacturing scale but desperately needs to rethink its vehicles… Continue reading Don’t want to end up like Nokia: Volkswagen chief Herbert Diess to staff – Deccan Herald

VW Group will invest heavily in Slovakia plant, CEO Diess says – Automotive News Europe

Volkswagen Group will invest heavily in its plant in Bratislava, Slovakia, instead of opening a new factory in Turkey, CEO Herbert Diess said. VW has reassessed its capacity requirements because of the coronavirus pandemic and decided that it currently does not need an additional plant, Diess told Automobilwoche, a sister publication of Automotive News Europe,… Continue reading VW Group will invest heavily in Slovakia plant, CEO Diess says – Automotive News Europe

Ferrari: ‘driving emotion is more important than performance’

We caught up with Ferrari’s chief technical officer, Michael Leiters, ahead of the launch of the new SF90 Spider, the convertible version of Ferrari’s new plug-in halo car. We spoke about electrification, the benefit of being in F1 and deciding to build Ferrari’s first front-wheel-drive model. Top Gear: How challenging was the SF90 for Ferrari?  Michael Leiters:… Continue reading Ferrari: ‘driving emotion is more important than performance’

Self-driving startup Cruise is launching fully driverless testing in San Francisco this year – Business Insider India

Cruise CEO Dan Ammann said that the self-driving startup would deploy fully self-driving electric vehicles in San Francisco this year. The vehicles would have no safety driver behind the wheel, as allowed by a newly acquired California DMV permit. As CEO, Ammann has heralded the end of car ownership and advocated for self-driving ride-hailing as… Continue reading Self-driving startup Cruise is launching fully driverless testing in San Francisco this year – Business Insider India

VW braces for EU fine for missing CO2 emissions reduction target – Automotive News Europe

Volkswagen Group expects to be fined by the European Union this year for failing to achieve its CO2-reduction target for its new-car fleet — despite the automaker’s deal to pool emissions with Chinese-owned UK brand MG Motor. “We cannot provide a clear commitment at this point that we will achieve compliance. It will be a… Continue reading VW braces for EU fine for missing CO2 emissions reduction target – Automotive News Europe

Mercedes would have been “crazy” to quit F1, says CEO Kallenius – Autosport

Mercedes CEO Ola Kallenius says the German manufacturer would have been “crazy” to quit Formula 1 based on the direction it is heading. With teams needing to commit to a new Concorde Agreement heading in to 2021, all the current outfits went through an evaluation process this year about whether or not remaining in F1… Continue reading Mercedes would have been “crazy” to quit F1, says CEO Kallenius – Autosport

GM Delays Closing $2 Billion Nikola Deal As Founder Scandal Escalates – Observer

Nikola and GM won’t close the $2 billion deal on time. Nikola Corp Hydrogen electric truck startup Nikola is facing more troubles as the company grapples with the fallout of recent short-seller attacks and the abrupt resignation of founder and chairman Trevor Milton. Nikola’s latest investor and manufacturing partner, General Motors, seems to be reconsidering the… Continue reading GM Delays Closing $2 Billion Nikola Deal As Founder Scandal Escalates – Observer