range of organizations associated with motor vehicles, such as automobiles, trucks and motorcycles
Renault CEO says sector could face billions in fines as EV sales slow: Europe's autos industry could face fines of 15 billion euros ($17.4 billion) for carbon ...
reuters.com/business/autos-transportation/renault-ceo-says-sector-could-face-billions-fines-ev-sales-slow-2024-09-07/
Volkswagen: Left calls on VW's major shareholders to repay billions in dividends
handelsblatt.com/politik/deutschland/volkswagen-linke-fordert-vw-grossaktionaere-zu-rueckzahlung-von-milliarden-dividenden-auf/100067057.html
Quick Glance: BDI Calls for Reforms Amid Volkswagen Crisis
- The BDI demands better economic conditions from the government to address the crisis at Volkswagen.
- BDI President Russwurm criticizes high energy prices, taxes, and bureaucracy that undermine the competitiveness of German production sites.
- Left party leader Wissler calls for VW shareholders to return previous dividends to prevent plant closures.
- SPD leader Esken warns of the consequences of layoffs and criticizes VW management for their delayed commitment to electric mobility.
Ducati's Bagnaia takes pole on home turf at San Marino Grand Prix: Francesco Bagnaia took pole position for Ducati on home turf at the San Marino Grand Prix on ...
reuters.com/sports/formula1/ducatis-bagnaia-takes-pole-home-turf-san-marino-grand-prix-2024-09-07/
Italy Seeks Reversal of EU’s 2035 Combustion Engine Ban: Italy’s officials said the European Union’s plan to ban sales of new internal combustion engines from ...
bloomberg.com/news/articles/2024-09-07/italy-wants-reversal-of-eu-s-planned-2035-combustion-engine-ban
VW Turns on Germany as China Targets Europe’s EV Blunders: Losing ground in the race to produce electric vehicles, German and French carmakers are heading toward ...
trib.al/1xrXru8
BMW BLOG 4h
This 2025 BMW 1 Series Costs Nearly 70,000 Euros: Video: A new walkaround video shows the latest BMW 1 Series in M Performance guise. This pricey M135 has a ...
bmwblog.com/2024/09/07/2025-bmw-m135-arriving-dealers/
Short Sellers Circle Volvo Car, Porsche on China Trade Spat Risk: As worries pile up for Europe’s autos industry, short sellers have been choosing their targets.
bloomberg.com/news/articles/2024-09-06/short-sellers-circle-volvo-car-porsche-on-china-trade-spat-risk
Exogenous shocks hit VW: The pillars of the German prosperity model are collapsing
n-tv.de/wirtschaft/Die-Pfeiler-des-deutschen-Wohlstandmodells-brechen-weg-article25211144.html
Cuts at VW: The Tower of Bangkok: While Volkswagen wants to close German factories, Porsche is planning a luxury property in Thailand ...
sueddeutsche.de/kultur/vw-porsche-automobilindustrie-bangkok-immobilien-lux.4VzYyLuewp9GkyXLsfYAAv
Paid articlePaywall
VW crisis: Expert believes factory closures are likely: The Volkswagen board is considering cutting jobs and a factory closure in Germany is no longer being ...
waz-online.de/lokales/wolfsburg/vw-krise-expertin-haelt-werkschliessungen-fuer-wahrscheinlich-FBM6DMT7CZARDBUFNBEBDDCDRA.html
Volkswagen's German battery plant to stay at half capacity amid cost pressures
reuters.com/business/autos-transportation/volkswagens-german-battery-plant-stay-half-capacity-amid-cost-pressures-2024-09-06/
Once the envy of the world, Germany's car brands now weigh heavily on its struggling economy
cnbc.com/2024/09/06/once-the-envy-of-the-world-germanys-car-brands-are-weighing-heavily-on-its-struggling-economy.html
China, price cuts and costs: the fuel driving Volkswagen's crisis: While many of Volkswagen's challenges have plagued it for a while, two recent developments ...
reuters.com/business/autos-transportation/china-price-cuts-costs-fuel-driving-volkswagens-crisis-2024-09-06/
Grim Outlook for Audi’s ‘Factory of the Future’: Welcome to the weekend issue of Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart ...
trib.al/t0Pe1tE
UBS would be given time to adjust capital levels, says SNB's Jordan: UBS would be given time to build up the necessary capital buffers to protect itself against ...
reuters.com/business/finance/ubs-would-be-given-time-adjust-capital-levels-says-snbs-jordan-2024-09-07/
Rheinmetall is set to become a global arms champion through the war in Ukraine: Rheinmetall is majority owned by foreign companies. The war in Ukraine turned the ...
berliner-zeitung.de/politik-gesellschaft/rheinmetall-soll-globaler-ruestungschampion-werden-durch-ukraine-krieg-deutsche-vorzeigewaffenschmiede-li.2250600
Daniela Cavallo: VW works council member on a course for conflict: For a while it looked as if the eternal dispute between the works council and the board at VW ...
sueddeutsche.de/wirtschaft/vw-betriebsrat-daniela-cavallo-konflikt-portrait-lux.MRrarHz9aaywMW8TKnrwmy
Paid articlePaywallQuick Glance: Intense Clash Between VW Management and Works Council
- The meeting in Wolfsburg highlighted a significant conflict between Volkswagen's management and its works council.
- Works council chair Daniela Cavallo criticized the board's cost-cutting plans as a declaration of failure and accused them of incompetence.
- Management countered the accusations, emphasizing the need for savings due to declining demand in Europe.
- Despite the tense situation, Cavallo asserted that under her leadership, there would be no plant closures.
Europe Pulls Back From EV Shift as VW and Volvo Scale Back Ambitions: Europe is stalling for time in the electric-car race as the region’s automakers struggle ...
bloomberg.com/news/articles/2024-09-06/europe-pulls-back-from-ev-shift-as-consumers-snub-pricey-models
Paid articlePaywall
Arakan Army Commander-in-Chief Twan Mrat Naing on the Future of Rakhine State: “We are always in favor of repatriation [of Rohingya Muslims] in principle ...
thediplomat.com/2024/09/arakan-army-commander-in-chief-twan-mrat-naing-on-the-future-of-rakhine-state/
In Lower Saxony, there are new horror reports almost every day about the economic situation of large companies. What happens when the four largest companies in ... Show more
VW & Co.: The collapse of Germany - | WELT
VW & Co.: The collapse of Germany - | WELT
BMW, Toyota take a risky gamble on a failing product: The automakers' latest bet is much riskier than EVs.
thestreet.com/automotive/bmw-toyota-gamble-hydrogen
VW Woes: Grim Outlook for Audi EV Plant in Brussels: Welcome to the weekend issue of Brussels Edition, Bloomberg’s daily briefing on what matters most in the ...
bloomberg.com/news/newsletters/2024-09-07/vw-woes-grim-outlook-for-audi-ev-plant-in-brussels
Wilnsdorf ice cream parlor sells liver sausage ice cream for dogs: Ice cream for dogs? With liver sausage flavor? Yes, there is! Since this year ...
siegener-zeitung.de/lokales/siegerland/wilnsdorf/wilnsdorfer-eisdiele-verkauft-leberwurst-eis-fuer-hunde-RW5AGUJBQZEV5LZ27H4FC4FENA.html
VW factory threat stress-tests Germany's economic model
reut.rs/3XxQok9
Audi candidate complains: Formula 1 is "unfair": Many young drivers earn their spurs in Formula 2 in order to then make the jump to Formula 1 as quickly as ...
sport.de/news/ne7029041/audi-kandidat-klagt-formel-1-ist-unfair/
Volkswagen's German battery plant to stay at half capacity amid cost pressures
reuters.com/business/autos-transportation/volkswagens-german-battery-plant-stay-half-capacity-amid-cost-pressures-2024-09-06/
Audi to sell cars directly to buyers online and in new showroom near Chinatown by end-2024
straitstimes.com/singapore/transport/audi-to-sell-cars-directly-to-buyers-in-its-showroom-near-chinatown-by-end-2024
VW: Problems go beyond the sales slump: VW wants to save money and is even discussing the introduction of the four-day week, which was introduced 30 years ago ...
n-tv.de/wirtschaft/VW-Probleme-gehen-ueber-Absatzflaute-hinaus-article25208947.html
Quick Glance: VW Faces Serious Challenges Ahead
- Volkswagen is discussing a potential four-day workweek to secure employment, yet the issues are more complex than just a sales slump.
- The crisis in the European market results in an annual loss of 500,000 vehicles for VW, while competition from companies like Tesla and BYD increases.
- Problems in software development and slow market launches of new models are straining the company, leading to skepticism about new investments.
- Geopolitical risks and a decline in the China market complicate matters, while employee representation pushes for a substantial cost-saving program.
BMW BLOG Sep 06
New BMW M5 MotoGP Safety Car Debuts With Upgrades: The new 2025 BMW M5 Sedan G90 is turned into the MotoGP Safety Car. It starts work this weekend at the San ...
bmwblog.com/2024/09/06/new-bmw-m5-motogp-safety-car-debuts-with-upgrades/
Toyota, Nissan to expand Japan's battery production capacity, Nikkei reports: Toyota Motor , Nissan Motor and other companies will help expand Japanese ...
reuters.com/business/autos-transportation/toyota-nissan-support-japans-battery-production-capacity-nikkei-reports-2024-09-05/
VW pays for a gala concert in Wolfsburg: Why this is right despite the cost-cutting program
faz.net/aktuell/feuilleton/buehne-und-konzert/vw-bezahlt-festkonzert-in-wolfsburg-warum-das-trotz-sparkurs-richtig-ist-19965891.html
Paid articlePaywallQuick Glance: VW Invests in Culture Amid Financial Cuts
- Volkswagen sponsors a €200,000 concert by the Concertgebouw Orchestra in Wolfsburg despite announcing cost-saving measures.
- This sponsorship raises questions about the necessity of expensive cultural events during economic challenges faced by the company.
- The concert, conducted by the talented Elim Chan, delivered an impressive performance that thrilled an audience of 900.
- The decision to hold the concert is viewed as both a cultural commitment and a potentially inappropriate expense during tough times.
Exclusive: Vista and Blackstone in talks to acquire software maker Smartsheet, sources say
reuters.com/markets/deals/vista-blackstone-talks-acquire-software-maker-smartsheet-sources-say-2024-09-05/
Top 10 people most likely to reach trillionaire status: On Sept. 29, 1916, newspapers across the country announced a wealth milestone once thought to be ...
cnbc.com/2024/09/06/top-10-people-most-likely-to-reach-trillionaire-status.html
Audi Brussels plant risks closure after car model to cease production
euronews.com/business/2024/09/06/audi-brussels-plant-risks-closure-as-car-model-ceases-production-after-2025
How VW's factory threat is stress-testing Germany's economic model: Having lost cheap energy from Russia and facing uncertainty over its once-lucrative ...
timeslive.co.za/motoring/news/2024-09-06-how-vws-factory-threat-is-stress-testing-germanys-economic-model/
Coinbase must face shareholder lawsuit over SEC risks: A federal judge rejected Coinbase's bid to dismiss a proposed class action by shareholders who accused the ...
reuters.com/legal/coinbase-must-face-shareholder-lawsuit-over-sec-risks-2024-09-06/
Eighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box
cnbc.com/2024/09/06/harris-endorsed-trump-murdoch-yelp-snap-ripple.html
Live now: #VantageThisWeek with Palki S Upadhyay
+ Zelensky's Shake-up
+ US vs Russia Media War
+ US, Philippines catch "Chinese Spies"
+ China vs the ... Show more
BMW BLOG Sep 06
Here's the V10 engine fitted in this custom-built BMW 858 CSL by Reyn Speed Shop
Photos: @klapped.media
The Drive Sep 06
1,370-HP Time Attack Audi R8 Is a Maxed Forza Build in Real Life: This Audi R8 has a twin-turbo V10, more downforce than a Le Mans car, and some serious wins ...
thedrive.com/news/1370-hp-time-attack-audi-r8-is-a-maxed-forza-build-in-real-life
Formula 1 | Revealed: Red Bull had an engine deal with Mercedes: From 2026, Red Bull will be competing in Formula 1 with its own engines; in recent years ...
sport.de/news/ne7028855/formel-1--enthuellt-red-bull-hatte-motoren-deal-mit-mercedes/
Car expert: e-car bonus helps VW more than plant closures: "There are no simple solutions," comments car expert and VW expert Beatrix Keim on the crisis at ...
waz-online.de/lokales/wolfsburg/autoexpertin-beatrix-keim-e-auto-praemie-hilft-vw-mehr-als-werkschliessung-PQBBX5EG3JDDZJA7C6HZT5CKC4.html
Quick Glance: VW Faces Potential Plant Closures in Germany
- Volkswagen is considering the closure of a plant in Germany for the first time due to a severe corporate crisis.
- The company may terminate the employment guarantee established in 1994, which the works council deems unacceptable.
- To cut costs and achieve a ten billion euro improvement by 2026, a comprehensive cost-saving program is being implemented.
- Experts warn of potential layoffs, while the works council expresses opposition to one-sided austerity measures.
VW: The works council should rather help Volkswagen to reduce costs: The Volkswagen works council must not object if factories have to be closed ...
wiwo.de/unternehmen/auto/volkswagen-krise-der-betriebsrat-sollte-vw-lieber-helfen-die-kosten-zu-druecken/29977012.html
Quick Glance: VW Management Defends Cost-Cutting Amid Employee Outcry
- The VW leadership defended its cost-cutting measures at a workforce meeting, where employees voiced strong protests.
- Production overcapacities were identified, as sales in Europe have significantly declined, with plant closures and layoffs not ruled out.
- Works council chair Daniela Cavallo announced fierce opposition to the proposed measures and called for a return to technological leadership.
- Federal Labor Minister Hubertus Heil emphasized the need to secure all locations and called for negotiations to address VW's economic challenges.
Hydrogen in cars: BMW and Toyota plan series cars from 2028: BMW and Toyota want to work together to help hydrogen-powered fuel cells in cars achieve a ...
heise.de/news/Wasserstoff-im-Pkw-BMW-und-Toyota-planen-Serienauto-ab-2028-9858851.html
Quick Glance: Hydrogen Cars: BMW and Toyota Explore New Horizons
- BMW plans to launch its first hydrogen fuel cell series model in 2028 in collaboration with Toyota.
- Despite low sales figures of hydrogen cars, both companies believe in technological openness and a multi-pathway approach to climate neutrality.
- The BMW CEO describes the planned vehicle as a milestone, while the hydrogen refueling infrastructure in Europe is expected to expand by 2030.
- The costs of the project will be shared between BMW and Toyota, as initial sales figures are expected to be low.
🔊 Germany's largest industrial employer — Volkswagen — is threatening factory closures for the first time in its history, as part of a cost-cutting plan ... Show more
Podcast: Olympian death, Georgia shooting, Canada’s border, VW closures and ‘safe AI’ | Reuters
Podcast: Olympian death, Georgia shooting, Canada’s border, VW closures and ‘safe AI’ | Reuters
Quick Glance: Shocking Events: Olympian Death, Shooting, and More
- Ugandan marathon runner and Olympian Rebecca Cheptegei was tragically set on fire in a deadly attack.
- A 14-year-old Georgia high school student killed four and injured nine in a campus shooting.
- Canada is tightening border controls and increasingly denying visa applications.
- Volkswagen is considering historic factory closures in Germany, while a new startup by OpenAI co-founder Ilya Sutskever has raised $1 billion for safe AI.
The Drive Sep 05
2025 BMW Z4 M40i Manual Review: BMW’s Hidden Gem: It may just be the best-driving BMW since the M5 CS.
thedrive.com/car-reviews/2025-bmw-z4-m40i-manual-review
BYD's global expansion push runs into stiff Japan test: BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in ...
reuters.com/business/autos-transportation/byds-global-expansion-push-runs-into-stiff-japan-test-2024-09-05/
BMW plans to bring its first hydrogen car onto the market from 2028: BMW aims to bring its first hydrogen-powered vehicle onto the market in 2028 ...
reut.rs/3z4GFZa
Blind Marvin from Wilhelmshaven: With courage and support to the seahorse: Marvin from Wilhelmshaven has been blind since birth and yet he managed to get his ...
nwzonline.de/wilhelmshaven/blinder-marvin-aus-wilhelmshaven-schafft-seepferdchen_a_4,1,2385946590.html
The Drive Sep 05
Nissan Exec Wants an Electrified Silvia That Could Battle GR86, BRZ, and Miata: Recent comments from Nissan exec Ivan Espinosa make it clear that there's a ...
thedrive.com/news/nissan-exec-wants-an-electrified-silvia-that-could-battle-gr86-brz-and-miata
Volkswagen: These are the tasks facing VW boss Oliver Blume: Crash in China, technically weak, costs out of control - | and too little money for innovations ...
wiwo.de/my/unternehmen/auto/volkswagen-die-chinatuenche-ist-ab-wie-vw-derart-in-probleme-geraten-konnte/29977288.html
Paid articlePaywall Interview with Volkswagen boss Oliver Blume: "We need to make VW more robust": VW boss Oliver Blume has announced an unprecedented savings program ...
handelsblatt.com/unternehmen/industrie/volkswagen-chef-oliver-blume-im-interview-wir-muessen-vw-robuster-aufstellen/100065696.html
VW Factory Closures Symbolic Moment in Germany’s Industrial Decline: The carmaker’s warning of possible factory closures is the most symbolic moment yet for the ...
bloomberg.com/news/features/2024-09-05/vw-factory-closures-symbolic-moment-in-germany-s-industrial-decline
Paid articlePaywall
Works meeting at VW: 25,000 employees blow the whistle on the Board of Management
haz.de/der-norden/betriebsversammlung-bei-vw-25-000-beschaeftigte-pfeifen-vorstand-aus-4H2H2FEBSNBSVPCGPEETJPBHWE.html
Podcast: Olympian death, Georgia shooting, Canada’s border, VW closures and ‘safe AI’
reuters.com/podcasts/podcast-olympian-death-georgia-shooting-canadas-border-vw-closures-safe-ai-2024-09-05/
Quick Glance: Gulf Markets Rise on US Rate Cut Expectations
- Most Gulf stock markets ended higher on Monday, driven by investor optimism regarding a potential rate cut by the U.S. Federal Reserve in September.
- The Fed is expected to initiate a rate-cutting cycle during its monetary policy meeting on September 17-18, with a 67% chance of a 25 basis-point cut.
- Dubai's main index increased by 0.7%, and Abu Dhabi's index rose by 0.3%, while Qatar's benchmark advanced by 1.1%.
- However, Saudi Arabia's main index eased by 0.2%, impacted by a decline in Al Taiseer Group.
Toyota, Nissan to expand Japan's battery production capacity, Nikkei reports: Toyota Motor , Nissan Motor and other companies will help expand Japanese ...
reuters.com/business/autos-transportation/toyota-nissan-support-japans-battery-production-capacity-nikkei-reports-2024-09-05/
REVIEW | Why the Toyota GR Supra is a value-for-money sports car: It hits the right balance of price, superb handling and enough power to grab your attention
businesslive.co.za/bd/life/motoring/2024-09-03-review-toyota-gr-supra-a-sports-bargain-if-youre-not-a-badge-snob/
Lyft restructures its micromobility business and Volkswagen brings ChatGPT to US vehicles |...
tcrn.ch/3Xiht9F
German union on VW: 4-day week 'conceivable', will consider all options: Germany's largest trade union, which sits on Volkswagen's supervisory board ...
reuters.com/business/autos-transportation/german-union-vw-4-day-week-conceivable-will-consider-all-options-2024-09-05/
VW savings plans: This is how the extraordinary works meeting at the Zwickau plant went
freiepresse.de/zwickau/zwickau/vw-sparplaene-so-lief-die-ausserordentliche-betriebsversammlung-im-werk-zwickau-artikel13515371
Paid articlePaywallApplied Digital surges 65% on funding deal with investors, including Nvidia: Applied Digital shares soared nearly 65% to hit their highest level in more than a ...
reuters.com/technology/applied-digital-surges-funding-deal-with-investors-including-nvidia-2024-09-05/
Sacré bleu! Renault's surprise electric reboot is a glorious nod to 1970s nostalgia that you'll sadly never own
techradar.com/vehicle-tech/hybrid-electric-vehicles/sacre-bleu-renaults-surprise-electric-reboot-is-a-glorious-nod-to-1970s-nostalgia-that-youll-sadly-never-own
Changan: Next Chinese car manufacturer pushes into Germany: While VW is questioning its plants, the next competitor from China is coming to Germany ...
faz.net/aktuell/wirtschaft/auto-verkehr/changan-naechster-chinesischer-autohersteller-draengt-nach-deutschland-19962486.html
Quick Glance: Changan Enters the German Automotive Market
- Chinese automaker Changan has established a subsidiary in Munich to address the European market.
- The company plans a sales event this year and already operates a design center in the city.
- This announcement comes as Volkswagen questions its future in Germany while Chinese manufacturers gain traction.
- Changan, one of China's largest automakers, shows advancements in electric mobility and has significant partnerships, including with CATL and Huawei.
Nissan staff learn sign language to communicate with deaf colleagues: Team spirit is strong at Nissan’s Sunderland plant - if the signs are anything to go by.
sunderlandecho.com/news/nissan-staff-learn-sign-language-to-communicate-with-deaf-colleagues-4769926
🔊 Canada is turning away visitors and rejecting visa applications at a higher pace than in recent years. Find out more on Reuters World News podcast Podcast: Olympian death, Georgia shooting, Canada’s border, VW closures and ‘safe AI’ | Reuters
Car industry: fewer petrol and diesel vehicles from 2030 - but not everywhere: The car industry has actually decided against the combustion engine in its drive ...
handelsblatt.com/unternehmen/industrie/autoindustrie-weniger-benzin-und-dieselfahrzeuge-ab-2030-aber-nicht-ueberall/100061542.html
Comment: Why Robert Habeck is not the savior of the car industry: The situation at VW threatens to escalate - and Economics Minister Habeck throws himself into ...
handelsblatt.com/meinung/kommentare/kommentar-warum-robert-habeck-nicht-der-retter-der-autoindustrie-ist/100066107.html
Quick Glance: Habeck's E-Car Subsidies: A Poorly Timed Initiative
- Robert Habeck's plan for E-vehicle subsidies coincides poorly with a crisis at Volkswagen.
- As the VW board plans to close plants, Habeck offers 600 million euros for support, perceived more as political theatrics than serious economic policy.
- Challenges from IG Metall and VW's governance structures are straining new CEO Oliver Blume.
- The ongoing legal issues surrounding Martin Winterkorn highlight significant management problems.
For Volkswagen, the Bumpy Road to Electric Vehicles Starts to Hit Home: The auto giant is considering cuts it has long avoided in Germany as it contends with ...
on.wsj.com/4dOdwjV
Ifo: Sentiment in the German car industry "in a nosedive": Volkswagen is considering plant closures in Germany for the first time, other German car manufacturers ...
welt.de/wirtschaft/article253343488/Ifo-Stimmung-in-der-deutschen-Autoindustrie-im-Sturzflug.html
Quick Glance: Crisis in German Auto Industry Deepens Significantly
- The mood in the German auto industry is sharply declining, as revealed by a survey from the Ifo Institute.
- The Ifo index for business climate dropped to minus 24.7 points in August, indicating pessimistic business expectations.
- Companies are facing a lack of new orders, particularly from abroad, leading to considerations of downsizing.
- The shift from combustion engines to electric vehicles and competition from Chinese manufacturers exacerbate the crisis.
VW savings plans: Habeck speaks of car industry as "engine of prosperity": VW has announced a tough cost-cutting program - plant closures and compulsory ...
welt.de/wirtschaft/article253336610/VW-Sparplaene-Habeck-spricht-von-Autoindustrie-als-Wohlstandsmotor.html
Quick Glance: New Incentives for Electric Cars Announced
- Minister Robert Habeck has announced tax relief for electric cars to address declining sales in Germany.
- The Cabinet will discuss the proposed measures on Wednesday to support the auto industry as a key economic factor.
- The drop in new electric vehicle registrations is attributed to the end of the environmental bonus and high prices.
- Habeck criticizes political calls to reverse the ban on combustion engines, emphasizing the need for planning security in the industry.
Top super PAC backing Kamala Harris to accept cryptocurrency donations: A top super political action committee (PAC) backing U.S. Vice President and Democratic ...
reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/
VW Factories: Could Face Strikes in October Over Possible German Closures: Germany’s biggest union said it’s willing to consider a shorter work week for ...
bloomberg.com/news/articles/2024-09-05/vw-could-face-strikes-in-october-over-possible-german-closures
"Vehicle development is like bananas": Expert criticizes German car manufacturers - | EFAHRER.com 👉🏼 In a survey on quality defects in cars from 31 manufacturers, Volkswagen and Audi came a long way behind. 😲
Formula 1 | Bad cards for Mick Schumacher: Sauber/Audi confirms two more candidates
sport.de/news/ne7023305/formel-1--schlechte-karten-fuer-mick-schumacher-sauber-audi-bestaetigt-zwei-weitere-kandidaten/
Volvo gives up plan to sell only EVs by 2030: The car maker's decision comes as industry faces slowing demand in some major markets for electric vehicles.
bbc.com/news/articles/c3ejye39434o
Quick Glance: Volvo Revises Internal Combustion Engine Strategy
- Volvo has postponed its exit from internal combustion engines until 2030.
- The new strategy includes 90 percent of sold vehicles being electric or plug-in hybrids, with 10 percent remaining mild hybrids.
- CEO Jim Rowan highlighted that the transition to electrification is not linear and depends on customer demand.
- The delay is also influenced by European tariffs and market conditions for electric vehicles.
VW's current problems are "a structural problem of the car industry in Germany," says economist Jens Südekum in the ZDF heute journal.
thedailystar.net Sep 03
10 interesting facts about BMW: Here are ten fascinating facts about BMW that you might not have heard before.
thedailystar.net/tech-startup/news/10-interesting-facts-about-bmw-3693641
Robinhood in $3.9 mln settlement with California over crypto withdrawals: A cryptocurrency platform run by Robinhood Markets will pay $3.9 million to settle ...
reuters.com/technology/robinhood-reaches-39-mln-settlement-with-california-over-crypto-withdrawals-2024-09-04/
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