VW – Page 2494 – I wish I had more to offer

German Handelsblatt: Volkswagen subsidiary Cariad: Compromise in the VW software dispute – Audi and Porsche have to step back004573

Herbert Diess The VW boss was under pressure to find a concept to solve the problems at the software subsidiary Cariad. (Photo: Volkswagen AG) In the two years since it was founded, the VW software subsidiary Cariad has mainly caused problems for the group. Schedules for newly developed software were not met. As a result,… Continue reading German Handelsblatt: Volkswagen subsidiary Cariad: Compromise in the VW software dispute – Audi and Porsche have to step back004573

Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast as Persistent Supply Problems Continue to Hold Back Auto Industry

U.S. auto sales are forecast to finish down 17.3% year over year; Cox Automotive revises its full-year 2022 new-vehicle sales forecast to 14.4 million units, down from 15.3 million. Annual new-vehicle sales pace in June is forecast to finish near 13.8 million, up from last month’s 12.7 million pace, but lower than last year’s 15.5… Continue reading Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast as Persistent Supply Problems Continue to Hold Back Auto Industry

German Handelsblatt: Volkswagen subsidiary Cariad: Compromise in the VW software dispute – Audi and Porsche have to step back004570

German Handelsblatt: Volkswagen subsidiary Cariad: Compromise in software dispute: VW brand has priority over Audi and Porsche004567

Herbert Diess The VW boss was under pressure to find a concept to solve the problems at the software subsidiary Cariad. (Photo: Volkswagen AG) In the two years since it was founded, the VW software subsidiary Cariad has mainly caused problems for the group. Schedules for newly developed software were not met. As a result,… Continue reading German Handelsblatt: Volkswagen subsidiary Cariad: Compromise in software dispute: VW brand has priority over Audi and Porsche004567

Global Hypercar Markets, 2016-2021, 2021-2026F, 2031F – Increasing Sales of Luxury Cars Driving Growth

DUBLIN, June 28, 2022 /PRNewswire/ — The “Hypercar Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global hypercar market is expected to grow from $18.34 billion in 2021 to $26.16 billion in 2022 at a compound annual growth rate (CAGR) of 42.7%. The market is expected to grow to $94.99 billion in… Continue reading Global Hypercar Markets, 2016-2021, 2021-2026F, 2031F – Increasing Sales of Luxury Cars Driving Growth

HAIG PARTNERS SERVES AS EXCLUSIVE ADVISOR ON THE SALE OF LEHMAN AUTO WORLD TO LITHIA MOTORS, INC. (NYSE: LAD)

FORT LAUDERDALE, Fla. , June 28, 2022 /PRNewswire/ — Haig Partners LLC, the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Miami-based Lehman Auto World on the sale of its nine dealerships to Lithia Motors, Inc. (NYSE: LAD). Lehman Auto World consists of Largo… Continue reading HAIG PARTNERS SERVES AS EXCLUSIVE ADVISOR ON THE SALE OF LEHMAN AUTO WORLD TO LITHIA MOTORS, INC. (NYSE: LAD)

VW chief claims carmaker can overtake ‘weakening’ Tesla by 2025

Herbert Diess told employees group must seize opportunity to capitalise on Elon Musk’s woes Go to Source

German Handelsblatt: Car manufacturer: VW boss Diess: “Tesla is weakening – we have to seize this opportunity”004566

Herbert Diess Der VW-Chef sieht Tesla weiterhin als größten Konkurrenten. (Foto: dpa) VW-Chef Herbert Diess glaubt, den US-Erzrivalen Tesla bald einholen zu können. Die Firma von Elon Musk bleibe größter Konkurrent – doch man sehe etwa an der Komplexität der neuen Fabriken in Grünheide bei Berlin oder in Austin (USA), dass auch dort nicht alles von… Continue reading German Handelsblatt: Car manufacturer: VW boss Diess: “Tesla is weakening – we have to seize this opportunity”004566

VW sells minority stake in Electrify America to Siemens

Volkswagen sold a minority stake in its electric vehicle charging division, Electrify America, to Siemens in a deal that values the company at $2.45 billion. The two companies are jointly investing $450 million to double the number of Electrify America charging stations in the US and Canada by 2026. (The news was first reported by… Continue reading VW sells minority stake in Electrify America to Siemens

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