German Automakers Caught in the Electric Offensive: Tesla and Chinese Rivals Outshine in China Market

2023-09-03 17:37:14 From left to right: German premium brands Mercedes, BMW and Audi. Today, no German brand is in the top 10 sales of electrified vehicles in China. Adobe Stock They make a third of their global sales there. But they are caught between Tesla and their Chinese rivals, on the electric offensive. The German … Read more

Auction Spotlight: Rare Jaguar XKSS Roadster for Sale at RM Sotheby’s

2023-08-06 10:18:08 Zach Brehl ©2023 Courtesy of RM Sotheby’s AUCTION – Exceptional event: RM Sotheby’s sells, on the sidelines of the Pebble Beach Concours d’Élégance in California, one of the sixteen roadsters derived from the Type D of Le Mans XKSS: four letters that entered history almost by default and became, over the decades, the … Read more

Former Audi CEO Rupert Stadler Sentenced in Diesel Scandal: Latest Update and Verdict

2023-06-27 07:00:00 Five years after his first detention, the proceedings against former Audi boss Rupert Stadler for fraud in the so-called diesel scandal have ended. The 60-year-old was sentenced to a suspended sentence of one year and nine months by the Munich Regional Court today. He also has to pay a fine of 1.1 million … Read more

Understanding Audi Boss Markus Duesmann’s Stance on Speed Limits and Future Solutions

2023-05-08 07:00:00 The comments by Audi boss Markus Duesmann had caused unrest among customers: Last October, in an interview with the “Süddeutsche Zeitung”, the Ingolstadt brand leader signaled openness to a speed limit on the motorway and “car-free Sundays”. His remarks were quickly interpreted as a plea: Duesmann “recommends” or “demands” speed limits, triumphed quite … Read more

Kolon Mobility Group, BMW Headquarters split into a new company

2023-06-09 09:02:24 [딜사이트 최보람 기자] Kolon Mobility Group, a foreign car dealership, decided to split the sales headquarters of the BMW and MINI brands into business companies. It is a dimension to improve the efficiency of decision-making through independent management. Kolon Mobility Group held a board of directors meeting on the 9th and announced on … Read more

“Volkswagen Announces Major Restructuring Plan for Core Brand”

2023-05-17 16:46:02 Volkswagen boss Oliver Blume The restructuring of the core brand becomes the second major project of his tenure. (Photo: dpa) Düsseldorf, Wolfsburg The car manufacturer Volkswagen is preparing a far-reaching restructuring of its core brand. Volkswagen’s processes are to become faster, the model range to be streamlined and savings to be made at … Read more