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Former Audi CEO Stadler to make diesel scandal confession

Stadler is ready to make a confession in exchange for a suspended sentence and a payment of $1.21 million......»»

Category: topSource:  autonewsMay 3rd, 2023

Stellantis, Renault CEOs dismiss reports of merger

Stellantis CEO Carlos Tavares said a potential tie-up was 'speculation," while Renault CEO Luca de Meo said they were 'rumors." The French government holds a share in each company......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Stellantis hybrid sales in Europe constrained by transmission supply, Carlos Tavares says

The ramp-up of a dual-clutch transmission at factories in Italy and France is holding back sales of models with Stellantis' new 48-volt hybrid powetrain, which can cut emissions by up to 25 percent, CEO Carlos Tavares said......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Maserati"s stumbles due to marketing issues, Stellantis CEO Carlos Tavares says

Despite heavy financial losses and slumping vehicle sales, Maserati is sustainable but more needs to be done to position it as a pure luxury brand, Stellantis CEO Carlos Tavares said......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Stellantis CEO Carlos Tavares says too soon to confirm 2025 dividend

Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Tim Cook sells $50M worth of AAPL shares, but the timing is coincidental

Apple CEO Tim Cook has sold AAPL shares worth more than $50M at a time when the stock is close to an all-time high – but the timing is coincidental. The stock value broke $200 per share back in June, hitting a record $236 in July. There’s been.....»»

Category: topSource:  marketingvoxRelated NewsOct 3rd, 2024

GM CEO Mary Barra back at No. 1 of Most Powerful Women in Business

Fortune recognized Mary Barra for steering General Motors through last year's UAW contract talks and strike while also improving the automaker's profitability and stock price......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Formula E’s Race to Get the Whole World Electrified

Since launching in 2014, the world’s premier EV racing series has made huge technological leaps and gained hundreds of millions of fans. But CEO Jeff Dodds won’t rest until every new car is electric......»»

Category: gadgetSource:  wiredRelated NewsOct 2nd, 2024

“Obviously a failure”: Sonos execs not getting bonuses due to app fiasco

Sonos extends hardware warranties by a year as act of contrition. Sonos' controversial app update in May was "obviously a failure," Sonos CEO Patrick Spence told Reuters today. W.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2024

New Texas port aims to streamline VW Group of America logistics

VW Group of America said the facility in Freeport, Texas, will import up to 140,000 vehicles annually from VW, Audi, Bentley, Lamborghini and Porsche......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Sonos makes seven promises, including boosted warranties; customers seem unimpressed

Sonos has been struggling to regain the trust of its customers after its disastrous launch of a new version of the app. After initially doubling down on the new app, the company’s CEO later apologized for it, and he has now made seven promises a.....»»

Category: topSource:  informationweekRelated NewsOct 2nd, 2024

Enhancing firewall management with automation tools

In this Help Net Security interview, Raymond Brancato, CEO at Tufin, discusses the considerations organizations must weigh when selecting a next-generation firewall to effectively balance security needs with network performance. What factors should o.....»»

Category: securitySource:  netsecurityRelated NewsOct 2nd, 2024

Ex-VW Winterkorn"s diesel scam trial suspended due to ailing health

The criminal charges against Winterkorn include fraud, market manipulation and unlawful false testimony before a parliamentary committee......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

The Audi RS7—they won’t make them like this much longer

We take one last drive in an old favorite, plus there's some RS6 wagon action. Enlarge / I've had a soft spot for Audi's RS7 for at least a decade now. Will Audi replace it, or is this the last in its line? (credit: Jonathan Gitl.....»»

Category: topSource:  arstechnicaRelated NewsSep 30th, 2024

2025 Audi Q6 E-tron priced from $65,095, gains entry rwd variant at launch

The midsize Q6 E-tron crossover is slotted above the smaller Q4 E-tron and below the larger Q8 E-tron in Audi's lineup......»»

Category: topSource:  autonewsRelated NewsSep 26th, 2024

F&I tip: Make a connection before you start your pitch

Finance and insurance managers should try to get to know the customer before they start selling, said Jimmy Magee, general manager of Audi Turnersville in New Jersey. "You can find out what the most important things will be to them by having a short.....»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

Flaming Audi EV on dealership lift challenges firefighters

Firefighters were able to lower the EV from the lift and push it outside so the flames could be fully extinguished......»»

Category: topSource:  autonewsRelated NewsSep 23rd, 2024

Honda robotaxi plans uncertain as GM-backed Cruise grapples with crash aftermath

Honda is still weighing whether it can start its ambitious Tokyo robotaxi service on time as its partner in the project, GM's Cruise, deals with a safety scandal and keeps production paused on its self-driving people mover......»»

Category: topSource:  autonewsRelated NewsSep 19th, 2024

VW, Audi dealers in Ill. file protest over automaker"s changes to warranty work payments

The protest is the latest chapter between VW and Audi dealers in Illinois and VW Group of America regarding warranty work payments......»»

Category: topSource:  autonewsRelated NewsSep 18th, 2024

Audi RS e-Tron GT Performance unveiled as a 912-hp electric sedan

Audi unveiled a new electric sedan called the RS E-Tron GT Performance. With 912 horsepower, it's the brand's most powerful model......»»

Category: topSource:  digitaltrendsRelated NewsSep 17th, 2024

Volkswagen dropping in-house U.S. auto loans, giving business to Wells Fargo

Volkswagen will cease to write U.S. Audi and VW auto loans through its in-house captive finance company and instead refer that business to Wells Fargo starting in April. It will also start to refer U.S. Ducati motorcycle loans to Wells Fargo at some.....»»

Category: topSource:  autonewsRelated NewsSep 16th, 2024