Ahead of the Q4 GDP numbers, here’s what the economists are saying

The GDP growth for the fourth quarter of the previous fiscal year (2021-22) will be out tomorrow. The GDP growth for the fourth quarter of the previous fiscal year (2021-22) will be out today and if the estimates are to be believed, the economy slowed on the back of Omicron variant and rise in commodity… Continue reading Ahead of the Q4 GDP numbers, here’s what the economists are saying

German Handelsblatt: Interview with the VW boss: Herbert Diess: “We cannot only work with democracies”004380

Am Rande des Weltwirtschaftsforums in Davos trafen sich Handelsblatt-Chefredakteur Sebastian Matthes und VW-Chef Herbert Diess für eine Podcast-Aufnahme: Es war ein Gespräch über das Engagement des Autobauers in China, den Zustand der Weltwirtschaft – und das Geschäftsmodell Deutschlands.Herr Diess, das wichtigste Thema auf dem Weltwirtschaftsforum (WEF) war der kritische Zustand der Weltwirtschaft. Ökonomen haben vor einem Zerbrechen der Welt in… Continue reading German Handelsblatt: Interview with the VW boss: Herbert Diess: “We cannot only work with democracies”004380

Gujarat pulls it off yet again

Call it entrepreneurship or clever politics but the fact remains that Gujarat has every reason to feel pleased with its latest achievement in the automotive sphere. The sale of the Ford facility at Sanand to Tata Motors (yes, sceptics will argue that it is still at the MoU stage but the deal is done for… Continue reading Gujarat pulls it off yet again

Dealers ‘more pessimistic’ about used car market

Dealer pessimism over used cars has mounted over the past month amid concerns over the cost of living and uncertainty created by the war in Ukraine. The majority of dealers (79%) are pessimistic about used car prospects compared to 60% last month. Just 12% are optimistic about prospects compared to 33% a month ago, according… Continue reading Dealers ‘more pessimistic’ about used car market

@VW Group: Bugatti wins several times at Concorso d’Eleganza with the ‘Best of Show’ award, the ‘Fiva Trophy’and the ‘Design award’005115

Other winners included a Type 59 Sports racing car, which won the ‘FIVA Trophy’ for ‘Best Preserved Pre-War Car’ and the Bugatti Bolide, which won the coveted ‘Design Award’. The world’s finest vehicles meet once a year at the Concorso d’Eleganza by Lake Como, Italy. But even among the best in the world there can… Continue reading @VW Group: Bugatti wins several times at Concorso d’Eleganza with the ‘Best of Show’ award, the ‘Fiva Trophy’and the ‘Design award’005115

Group C beasts battle at Donington Park Historic Festival as Silverstone hosts 750MC – Autosport

A week before the centenary of circuit saviour Tom Wheatcroft’s birth, the 11th Donington Historic Festival welcomed spectators back in number. Thirty years after Group C sportscars last graced the track contemporarily, the spectacle of Rob Huff’s bellowing IMSA GTP Spice SE89P staving off the howling Silk Cut Jaguar V12s of Andy Bentley and Phil… Continue reading Group C beasts battle at Donington Park Historic Festival as Silverstone hosts 750MC – Autosport

German Handelsblatt: Volkswagen: Allegations of “slave labor” on cattle farms – investigations against VW in Brazil004378

Volkswagen Volkswagen wird wieder einmal von seiner dunklen Vergangenheit in Brasilien eingeholt. Staatsanwälte in Rio de Janeiro ermitteln gegen den deutschen Automobilhersteller wegen möglicher Menschenrechtsverstöße, die sich in den 1970er- und 1980er-Jahren in Brasilien zugetragen haben sollen. Der VW-Konzern ist zum wiederholten Mal solchen Ermittlungen im größten Staat Südamerikas ausgesetzt. Über das neue Verfahren hatten… Continue reading German Handelsblatt: Volkswagen: Allegations of “slave labor” on cattle farms – investigations against VW in Brazil004378

Google backs India’s ShareChat in $300m funding round, startup valued at $5b …

The parent company of India’s ShareChat has raised nearly $300 million in fresh funding from Alphabet Inc’s Google, media giant Times Group and Singapore’s Temasek Holdings, valuing the social media firm at nearly $5 billion, two sources involved in the deal discussions told Reuters. A deal is set to be announced as early as next week, the… Continue reading Google backs India’s ShareChat in $300m funding round, startup valued at $5b …

How Mercedes-Benz plans to ‘restart’ Maybach ultraluxury brand – Automotive News Europe

Named after Wilhelm Maybach, a prolific engine designer and one of Gottlieb Daimler’s earliest collaborators, and founded with his son Karl in 1909, Maybach grew synonymous at the time with speed, power, and prestige. By 1921, it was making cars like the five-meter-long Maybach 22/70 HP W3 and the opulent Maybach SW 42, which featured… Continue reading How Mercedes-Benz plans to ‘restart’ Maybach ultraluxury brand – Automotive News Europe