Volkswagen dropped a bombshell announcement late last week: Herbert Diess was out as CEO. As a manager, Diess was controversial, with a style that chafed both executives and labor leaders alike. But as a strategist, he was on firmer ground, deftly steering Volkswagen out of the Dieselgate scandal and setting it on a path toward… Continue reading Will Volkswagen’s new CEO hamstring its EV push?
Tag: VW
Gotion émet des GDR et est cotée en bourse en suisse
HEFEI, Chine, 29 juillet 2022 /PRNewswire/ — Le 28 juillet, Gotion High -Tech Co., Ltd. (SZE : 002074 / GDRs SSE : GOTION), premier fabricant chinois de batteries d’alimentation, est officiellement entré à la Bourse en suisse par l’émission de certificats de dépôt mondiaux (GDR, Global Depositary Receipts), devenant ainsi le premier groupe de sociétés chinoises à… Continue reading Gotion émet des GDR et est cotée en bourse en suisse
Mahindra Racing to power ABT Sportsline’s return to Formula E World Championship
After eight years of competing at the highest level, Mahindra Racing has announced its first customer racing programme. The Indian team, which has been net carbon zero since inception, has committed to providing the powertrain to FIA ABB Formula E World Championship-winning team ABT Sportsline for its return to the all-electric racing series. From 2023,… Continue reading Mahindra Racing to power ABT Sportsline’s return to Formula E World Championship
Automotive Suspension Market worth $51.6 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 29, 2022 /PRNewswire/ — Automotive Suspension Market is expected to grow from USD 45.3 billion in 2022 and is projected to reach USD 51.6 billion in 2027, at a CAGR of 2.6% during the forecast period, according to a new report by MarketsandMarkets™. Growing sales of SUVs, EVs, and luxury vehicles globally fuel the demand for advanced… Continue reading Automotive Suspension Market worth $51.6 billion by 2027 – Exclusive Report by MarketsandMarkets™
SK On secures KRW 2.6 trillion in European battery investment
Financial institutions from Korea and Germany will provide a guarantee and insuranceLoans will be received from overseas commercial banks starting next monthTerms of repayment in equal installments SK On secured KRW 2.62 trillion in funds to establish a large-scale battery plant in Europe. SK On announced on the 28th that it had secured $2 billion… Continue reading SK On secures KRW 2.6 trillion in European battery investment
German Handelsblatt: Automaker: Audi reports record profit – and surpasses Mercedes in return004901
Audi factory in Ingolstadt At Audi, slightly fewer vehicles roll off the assembly line – but the prices per unit are significantly higher. (Photo: Audi) Germany’s premium manufacturers are defying the falling car sales figures. After Mercedes, Audi can also present strong half-year figures on Friday. The Ingolstadt Volkswagen subsidiary has increased its operating result… Continue reading German Handelsblatt: Automaker: Audi reports record profit – and surpasses Mercedes in return004901
German Handelsblatt: Volkswagen: The chronology of the expulsion: how VW boss Diess was replaced004901
Herbert Diess The replacement of Herbert Diess as VW boss was announced on Friday. Years of power struggles followed. (Photo: Reuters) The news last Thursday came as a complete surprise to Volkswagen boss Herbert Diess. The head of the supervisory board, Hans Dieter Pötsch, had asked for an interview at short notice for lunchtime, and… Continue reading German Handelsblatt: Volkswagen: The chronology of the expulsion: how VW boss Diess was replaced004901
German Handelsblatt: Automaker: Audi reports record profit – but sells fewer cars004898
Audi factory in Ingolstadt At Audi, slightly fewer vehicles roll off the assembly line – but the prices per unit are significantly higher. (Photo: Audi) Audi sold 20 percent fewer cars in the first half of the year, but increased operating profit by 59 percent year-on-year. With 4.9 billion euros, it has reached a record,… Continue reading German Handelsblatt: Automaker: Audi reports record profit – but sells fewer cars004898
Top 10 best 7-seater cars to buy 2022
Over the last 40 years or more, UK car buyers have taken the idea of the seven-seater car firmly to their hearts. Today, seven-seat vehicles are hugely popular with families but the latest crop bear little resemblance to those on offer even a decade ago. Here we round off the top 10 best new seven-seater… Continue reading Top 10 best 7-seater cars to buy 2022
Top 10 most reliable 4x4s and SUVs to buy 2022
Reliability should be a top concern when buying a new or used car. Of course, a car’s looks and acceleration may entice you initially, but the reality is that you won’t be able to enjoy any car if it’s constantly in the garage being repaired. It can also be difficult to discover which cars are… Continue reading Top 10 most reliable 4x4s and SUVs to buy 2022