Economist Slams Elon Musk for Making Tesla a “Tech-Bubble” Meme Stock

“Does anyone seriously think that the Musk of today is the right CEO to manage the Tesla we need?” Casino Royale Despite posting disastrous quarterly earnings, Tesla is still worth more than Toyota, Porsche, Mercedes, and Hyundai combined. But experts are becoming wary of the company’s sky-high valuation of well over half a trillion dollars… Continue reading Economist Slams Elon Musk for Making Tesla a “Tech-Bubble” Meme Stock

Andrettis Keep Fighting to Enter F1

Andretti is a storied name in motorsport, as drivers and owners in open-wheel racing. Mario won most of the world’s major races in his career and took the Formula 1 drivers’ championship in 1978, only the second American to claim the title. His son Michael also raced in Formula 1, as Ayrton Senna’s teammate at… Continue reading Andrettis Keep Fighting to Enter F1

Feeling faster drive to green, smart and win-win future at Beijing auto show

People visit XPENG’s booth at 2024 Beijing International Automotive Exhibition on April 25. [Photo/VCG] BEIJING – Walking around the vast exhibition halls of the China International Exhibition Center in northeastern Beijing’s Shunyi district is an overwhelming experience: there are just so many dazzling cars that it’s hard for one’s eyes to take them all in. The… Continue reading Feeling faster drive to green, smart and win-win future at Beijing auto show

Aston Barclay names ‘most desirable’ used EVs for dealers

Car buyers are embracing the latest EV models when they reach the second-hand market for the first time according to Aston Barclay’s April desirability index. The Tesla Model Y, Audi Q4, Polestar 2, Skoda Enyaq and Vauxhall Mokka X all appeared in April’s index of the top 10 most desirable used EVs. The index which… Continue reading Aston Barclay names ‘most desirable’ used EVs for dealers

@VW Group: Major upgrade for the ID.3: pre-sales launch with Pro S model008638

Volkswagen is launching the new ID.3 with an extensive upgrade. The next software and infotainment generation and the improved operating concept are now also entering Volkswagen’s electric compact class. The augmented reality head-up display has been enhanced, a brand new Wellness App and optional premium sound system from Harman Kardon have been added. With the… Continue reading @VW Group: Major upgrade for the ID.3: pre-sales launch with Pro S model008638

@VW Group: Brand Group Core increases operating profit in Q1 2024 despite challenging market environment008637

The Brand Group Core delivered robust financial results in the first quarter of 2024. With stable vehicle sales and slightly lower sales revenue, the Brand Group Core reported a significant year-on-year increase in operating profit and operating return. At 6.4%, operating return was well within the target corridor of 6-7% for 2024. All brands contributed… Continue reading @VW Group: Brand Group Core increases operating profit in Q1 2024 despite challenging market environment008637

@VW Group: First sketches of Škoda Enyaq RS Race: Concept study combines motorsport DNA and sustainability008638

“Sustainability is a cornerstone of Škoda Motorsport’s strategy. As early as 2021, we ventured into the realm of electric rally cars with the Škoda Fabia RE-X1. The insights and expertise we gained from this have fed into the unique new Škoda Enyaq RS Race. This fascinating car proves that motorsport, which is deeply embedded in Škoda’s DNA, not… Continue reading @VW Group: First sketches of Škoda Enyaq RS Race: Concept study combines motorsport DNA and sustainability008638

@VW Group: Škoda Auto delivers solid performance in first quarter, strengthens position in European market008637

“Škoda Auto turned in a solid performance in the first quarter, once again demonstrating a robust business model built on attractive products tailored to our customers’ daily lives. After the challenges of the past few years, we are seeing sustained customer demand and sustaining our capacity to deliver. While the future is increasingly electric, we… Continue reading @VW Group: Škoda Auto delivers solid performance in first quarter, strengthens position in European market008637

@VW Group: Change in MHP management008641

1. All information offered on Porsche Newsroom, including but not limited to, texts, images, audio and video documents, are subject to copyright or other legislation for the protection of intellectual property. They are intended exclusively for use by journalists as a source for their own media reporting and are not intended for commercial use, in… Continue reading @VW Group: Change in MHP management008641

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@VW Group: Environmental partnership in Thailand: education push for schools008640

23/04/2024 Sustainability starts in the mind. The Ferry Porsche Foundation, the Audi Environmental Foundation, the Bentley Environmental Foundation and the green start-up everwave are committed to that idea. With an innovative educational initiative for schools in Bangkok, this quartet is working to raise awareness of how to act sustainably. The programme complements the clean-up activities… Continue reading @VW Group: Environmental partnership in Thailand: education push for schools008640