Volkswagen said group production chief Michael Macht is quitting immediately, the second top executive to leave the automaker within a week.
fan made Tesla Model S advertisement videos enjoy
Unlike other big automakers, Tesla doesn’t do traditional marketing and as a “cool” company their fans seem to be doing some of the creative work.
VW may raise stake in FAW Chinese joint venture
Volkswagen’s only acquisition deal on the horizon is a possible increase of its stake in its highly profitable Chinese joint venture with First Automobile Works Corp., VW finance chief Hans Dieter Poetsch said.
VW profit falls in second-quarter, increases pressure to cut costs
Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings.
Operating profit fell to €3.33 billion ($4.46 billion), from €3.44 billion a year ago, VW said in a statement today.
Ford holding auto app developer conference
Ford will hold an automotive app developer conference on 8 September as part of the Connected Car Expo taking place at CTIA’s Super Mobility Week at the Sands Expo and Convention Center in Las Vegas.
