@VW Group: Stefan Mecha becomes new Chairman of the Board of Management of the Volkswagen Commercial Vehicles brand010263

Stefan Mecha will become the new Chairman of the Brand Board of Management of Volkswagen Commercial Vehicles (VWN) in Hanover with effect from July 1, 2025. Mecha succeeds Prof. Dr. Carsten Intra, who is leaving the company for personal reasons as part of a retirement plan. “Carsten Intra has launched important models such as the… Continue reading @VW Group: Stefan Mecha becomes new Chairman of the Board of Management of the Volkswagen Commercial Vehicles brand010263

German FAZ: Ford is hired 009377

Again bad news from Germany’s largest industrial industry: For the first time since it was founded 95 years ago, the Cologne Ford works have a union-organized industrial action. IG Metall wants to enforce a better social cushion of a planned workplace reduction. In Germany, Ford wants to cut another 2900 of around 11,500 jobs until… Continue reading German FAZ: Ford is hired 009377

China’s CATL, Elon Musk & Tesla, D-Wave: Trending Tickers

00:00 Speaker A It’s now time for some of today’s trending tickers. We are watching CATL, Tesla, and D-Wave. First up, CATL. CATL is soaring. It’s Hong Kong trading debut. It’s an EV battery maker that raising $4.6 billion in their IPO making it the world’s biggest listing so far this year. The CATL supplies… Continue reading China’s CATL, Elon Musk & Tesla, D-Wave: Trending Tickers

Tesla Supplier CATL Soars in HK Debut After World’s Top Listing This Year

(Bloomberg) — Contemporary Amperex Technology Co. Ltd. jumped in its Hong Kong trading debut after the Chinese battery giant wrapped up the world’s biggest listing this year by raising HK$35.7 billion ($4.6 billion) despite being blacklisted by the Pentagon and grinding through geopolitical storms. Most Read from Bloomberg Shares of CATL, as the largest maker… Continue reading Tesla Supplier CATL Soars in HK Debut After World’s Top Listing This Year

Tesla Supplier CATL Soars in HK Debut After World’s Top Listing This Year

(Bloomberg) — Contemporary Amperex Technology Co. Ltd. jumped in its Hong Kong trading debut after the Chinese battery giant wrapped up the world’s biggest listing this year by raising HK$35.7 billion ($4.6 billion) despite being blacklisted by the Pentagon and grinding through geopolitical storms. Most Read from Bloomberg Shares of CATL, as the largest maker… Continue reading Tesla Supplier CATL Soars in HK Debut After World’s Top Listing This Year

PA Consulting’s Brand Impact Index: Rivian tops rankings as US consumers pay more for purpose, innovation, and connection

2025 results reveal what the most successful brands are getting right NEW YORK, May 20, 2025 /PRNewswire/ — PA Consulting, the global innovation and transformation consultancy, released today its 2025 Brand Impact Index, ranking Rivian as the top-performing brand in the United States. The Index, based on a survey of 7,000 U.S. consumers and 360… Continue reading PA Consulting’s Brand Impact Index: Rivian tops rankings as US consumers pay more for purpose, innovation, and connection

Daimler Truck Appoints Raghavendra Vaidya as New Chief Information Officer

Raghavendra Vaidya has been appointed as the new Chief Information Officer of Daimler Truck, effective June 1, 2025. The announcement was made today in India, where Vaidya currently serves as Managing Director and Chief Executive Officer at Daimler Truck Innovation Center India (DTICI). He will replace Marcus Claesson, who is leaving the company of his… Continue reading Daimler Truck Appoints Raghavendra Vaidya as New Chief Information Officer

Group 1 Automotive Expands with Acquisition of Three Luxury Brand Dealerships in Florida and Texas

Expected to Generate $330 Million in Annual Revenues Provides Share Repurchase Update HOUSTON, May 19, 2025 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 250 automotive retailer with 263 dealerships located in the U.S. and U.K., today announced the addition of three dealerships to its luxury brand portfolio.  The three dealerships—a… Continue reading Group 1 Automotive Expands with Acquisition of Three Luxury Brand Dealerships in Florida and Texas