Audi Europe Chief Jens Puttfarcken Said Company Has No Plans To Cut Prices On EV’s; Will Not Follow Tesla’s Lead
- Automobilwoche
https://www.automobilwoche.de/bc-online/vertrieb-audi-europa-dr-jens-puttfarcken-im-exklusiv-interview
Here’s How Tesla Short Seller Stanphyl Capital’s Fund Performed In 2022 As EV Maker’s Stock Tumbled
After another brutal year in 2021, Tesla Inc (NASDAQ: TSLA) short sellers had their best year ever in 2022 as a combination of a difficult macroeconomic environment and some questionable decisions by Tesla CEO Elon Musk sent Tesla's stock price down
Crypto Bros Are Dumping Lambos, But Lamborghini Says Cars Are Flying Out Of Showrooms
If you thought demand for sports cars has completely diminished with Bitcoin below $20,000 and higher federal interest rates, think again.
Volkswagen Losing Share In Its Single Biggest Market, China
Volkswagen AG (OTC: VWAGY) (OTC: VWAPY) said that despite some sales gains in recent months, it expects its market share in China to be around 16% this year, down from 20% since 2019.
Electric Vehicles Hit 35% Market Share In China In September: What Investors Should Know And Who’s Winning
While the U.S. continues to push forward on electric vehicle adoption, other countries are racing ahead in terms of the percentage of EVs compared to traditional automobiles. China hit a 35% market share for new electric vehicles in the month of September. Following is why it's important and what companies are leading the way.
Audi Jumps Formula Bandwagon To Take On Mercedes-Benz
Volkswagen AG’s (OTC: VWAGY) (OTC: VWAPY) Audi chose Sauber as a strategic partner for the project and plans to acquire a…
To Compete With Tesla, Volkswagen Injects $2.3B In Chinese Autonomous Driving Venture
Volkswagen AG's (OTC: VWAGY) software unit Cariad will take a 60% stake in a new venture with Chinese technology firm Horizon Robotics for over $2 billion.
Porsche To Hire Former Mercedes Executive Amidst Potential IPO Plans
Volkswagen AG (OTC: VWAGY) owned sports car maker Porsche AG is planning to name Sajjad Khan to its executive board.
Volkswagen noted Khan would focus primarily on Car-IT and become the eighth member of the body.
Volkswagen CEO Herbert Diess To Depart; Porsche Brand’s Oliver Blume Named Successor
Volkswagen AG (OTC:VWAGY) board of directors has appointed Oliver Blume as the new Chairman of the group board of management. Blume…