Volkswagen expects to produce even fewer cars in 2022 compared to the current year due to the continued shortage of semiconductors according to a report by Manager Magazin on Thursday. The …
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Volkswagen reportedly in talks to sell Bugatti to Croatia’s Rimac
by SpeedLuxby SpeedLuxVolkswagen is in talks to sell its supercar brand Bugatti to Croatian businessman Mate Rimac, Manager Magazin said on Thursday citing individuals familiar with the talks. The sale to Mate …
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Volkswagen finance chief Frank Witter will quit the German automaker in the summer of 2021, German business publication Manager Magazin reported on Thursday. Witter has refused to extend his contract …
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BMW aims to surpass competitor Mercedes-Benz in regards to yearly deliveries within two years, CEO Harald Krueger informed German monthly Manager Magazin. “In 2020 we will be the No. 1 …
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Luxury British automaker Bentley Motors’ CEO Wolfgang Duerheimer is going to be replaced by Adrian Hallmark, presently head of strategy at British competitor Jaguar Land Rover, Germany’s Manager Magazin stated. …