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AUDI FINANCE RESTRUCTURING
Audi must work with Volkswagen to realign business, says CFOAudi's finance chief stated the premium brand needs restructuring with Volkswagen. Declining sales in China and the United States are creat...- Volkswagen to overhaul India business amid market pressures, company memo showsVolkswagen Group is restructuring its India business amidst a $1.4 billion import tax demand and struggling market share. Skoda Auto, leadi...
- Audi weighs price increases to soften US tariff blowAudi is considering whether to pass on the cost of U.S. import tariffs to customers and expects a decision this year on localising producti...
- When a loan account is tagged fraud: Borrower's respite is bank's worryA loan acocunt is categorised as a 'fraud account' after it is red-flagged on the basis of practices like fund diversion (even if there is ...
- What pushed CXOs to the edge in Covid world; Over 100 senior execs quit since April 2020ETAuto attempts to find out what prompted the OEMs to make such changes in senior management roles and to bring out a list of over 100 mana...
- Volkswagen rolls out 1-millionth car from Pune plant"The rollout of the 1-millionth car is an important milestone for us," said Gurpratap Boparai, managing director, Volkswagen India.
- Volkswagen group recasts structure to make quicker decisionsSkoda will manage the production and engineering operations of India-specific products for both the mass-market brands.
- need2know: 10 macro cues for your day on D-StreetGST collections fell to the lowest since the tax regime was put in place to Rs 80,808 crore in November.
- IT majors eye European SAP cosTech firms are evaluating SAP service providers such as BearingPoint and IDS Scheer for a potential acquisition, as they seek to increase t...
- Chrysler out of the way, Daimler starts off on a lean slateGerman automaker DaimlerChrysler is to be renamed simply Daimler on Thursday, reflecting the company’s divestment of its troubled US unit C...
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