New CEO Won’t Save Volkswagen in America
Volkswagen has a new CEO in America. He faces things he cannot overcome, including a limited lineup of models, too many cars in categories Americans no longer buy, as well ...Read Full Story »
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6 Most Important Things in Business Today
Asia shares dropped to lows not seen in a year and a half. According to Reuters: Share markets in Asia plunged to a 19-month low on Thursday after Wall Street’s ...Read Full Story »
Longtime Daimler Leader to Step Down as Industry Faces Radical Change
One of the auto industry's giants will soon leave as head of Daimler and as the chief of its Mercedes-Benz division, often considered the preeminent global manufacturer of luxury cars. ...Read Full Story »
6 Most Important Things in Business Today
Stock buybacks are among the reasons corporate earnings are so strong. According to The Wall Street Journal: Last December’s tax overhaul is boosting corporate profits in more ways than one. ...Read Full Story »
Porsche Quits Making Diesel Vehicles
In an interview with a German magazine, Porsche CEO Oliver Blume said that the company best known for its gasoline-powered sports cars will no longer produce vehicles with diesel engines. ...Read Full Story »
Audi Introduces Its Answer to the Tesla Model X
Volkswagen's Audi group on Monday took the wraps off the company's first all-electric luxury midsize sport utility vehicle, the Audi e-tron. The vehicle won't be available until the second quarter ...Read Full Story »
Volkswagen Only Sold 1399 Beetle Models in US Last Month
Volkswagen said it will discontinue production of its iconic Beetle. If U.S. sales are any indication of demand, VW almost has to drop the model. The company has made the ...Read Full Story »
VW’s New CEO: What He Knew about Emissions Scandal and When He Knew It
When Volkswagen AG's diesel emissions cheating scandal was exposed in September of 2015, the revelations ultimately cost the company more than $27 billion in fines and penalties, and also cost ...Read Full Story »
Can Volkswagen Help Save Ford?
Ford Motor Co. (NYSE: F) has been heavily criticized for its product mix, its plans to reinvent the company for the self-driving and electric car future, and its modest presence ...Read Full Story »
Audi CEO Arrested in Diesel Emissions Scandal
The Volkswagen diesel emissions cheating scandal revealed in the fall of 2015 added its latest villain early Monday morning when Audi CEO Rupert Stadler was arrested. Prosecutors in Munich said ...Read Full Story »
6 Most Important Things in Business Today
AT&T Inc. (NYSE: T) argued against selling assets to close its deal to buy Time Warner Inc. (NYSE: TWX) According to Reuters: AT&T told a federal judge late Thursday it ...Read Full Story »
Why Volkswagen May Want to Acquire Navistar
While the transition period from one chief executive officer to another has barely gotten started at Volkswagen, some big changes may already be afoot. VW's commercial-vehicles unit, Volkswagen Truck & ...Read Full Story »
6 Most Important Things in Business Today
The president set in motion plans to examine the financial future of the U.S. Postal Service. According to Reuters: U.S. President Donald Trump on Thursday ordered the creation of a ...Read Full Story »
3 Reasons Why Renault Should Merge With Nissan
In the past day, there have been rumors that Nissan and Renault may merge. The speculation was first reported by Bloomberg. One theory is that a merger would create a ...Read Full Story »
Volkswagen Plans to Dominate in Electric Car Business, Despite World of Competition
Volkswagen plans to dominate the electric car industry. This is regardless of the plans of other auto giants and Tesla Inc. (NASDAQ: TSLA). Volkswagen management said it would increase its ...Read Full Story »
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