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PORSCHE CEO POSITION
Porsche's new CEO will inherit old problemsPorsche's outgoing CEO delivers a grim report. The German sports car maker faces a significant operating loss. A new CEO, Michael Leiters, ...
Ferrari goes electric with four-seat coupe 'Elettrica'Ferrari is launching its first all-electric sports car, the "Elettrica," next year. This four-seat coupe will boast over 1,000 horsepower a...
Volkswagen CEO: Tariffs have cost group billions so farVolkswagen's CEO, Oliver Blume, revealed that U.S. tariffs have cost the company billions of euros this year, significantly impacting brand...
Volkswagen undecided on when to end CEO Oliver Blume dual roleVolkswagen CEO Oliver Blume addressed concerns about his dual role leading both Volkswagen and Porsche. Blume stated that no decision has b...
Volkswagen's $5 billion investment in Rivian boosts EV maker's sharesRivian secures vital funding through Volkswagen's investment, enabling the launch of new EV models. The partnership signifies a significant...
China's Xiaomi unveils first electric vehicle, plans to become top automakerThe sedan, dubbed the SU7, will make its debut at a time when the world's largest auto market is wrestling with a capacity glut and slowing...
Foreign auto manufacturers in India step up manpower hunt in bid to drive expansionOverseas automobile and component makers in India are boosting their search for specialised talent in engineering, research and design and ...
Investors switch to Porsche AG shares from Volkswagen on debut dayA Swiss-based equity fund manager said some investors that bought Volkswagen and Porsche Holding to play a potential IPO boom might be unwi...
Porsche shares flat at close after landmark $72 bln listingThe share performance puts Porsche AG's valuation at about 75.43 billion euros, only slightly below former parent Volkswagen, which is wort...
Porsche ignites blockbuster IPO, defying market turmoilEven as markets worldwide suffer from surging inflation and mounting recession fears, the maker of the 911 sports car has pushed ahead with...
- Sponsors hail Sharapova's reduced ban
SPORT-DOPING-SHARAPOVA-SPONSORS:Sponsors hail Sharapova's reduced ban
- Tennis-Sponsors hail Sharapova's reduced ban
SPORT-DOPING/SHARAPOVA-SPONSORS:Tennis-Sponsors hail Sharapova's reduced ban
- Novelis to build $100 million plant in China to cater auto sector
Novelis will invest $ 100 mn to set up a manufacturing plant at Changzhou in China with a capacity of 1.2 lakh tonnes a year to cater to th...
- Porsche board meets to discuss VW plans
Volkswagen's CEO said the company ``will not be pushed'' to hurry talks over a possible merger with majority shareholder Porsche AG.
- Forget fat packages & ESOPs, execs now want luxe cars too
Even employees at mid-level positions are being offered hatchbacks or mid-size sedans like the Hyundai i10 or Accent, Swift or Dzire and Sk...
- Interbrand to help Datacom build brand
Interbrand worked on new identity for Godrej Group a few months back. Globally, Interbrand has worked with AT&T, BMW, Cartier, Gillette, Po...
- Volkswagen picks up 15.1% stake in MAN
Volkswagen bought a 15.1% stake in MAN, turning the tables on Europe’s third-largest truckmaker and blocking its attempted takeover of Swed...