October 31, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Audi Q8 sport concept

    Audi chief sees 2020 sales decline despite strong Q3

    German automaker Volkswagen’s Audi unit expects a decline in sales this year despite strong numbers in the months of July, August, and September, Automobilwoche on Sunday, mentioning the statement of the head of the division, Markus Duesmann. “We will not be able to compensate worldwide the heavy losses of the months of April and May […]

    Volkswagen logo

    Volkswagen CEO will announce strategic steps over electric cars this year

    Volkswagen needs to modify to stay relevant in the electric and digital vehicle era and will announce “important steps” to that end before the end of the year, CEO Herbert Diess said on Wednesday. “Volkswagen needs to change: From a collection of valuable brands and fascinating combustion-engine products that thrill customers with superb engineering – […]

    Markus Duesmann

    Markus Duesmann to head Audi’s research and development division

    Markus Duesmann, the head of Audi, is going to also head the research and development division at Volkswagen’s premium brand, two sources informed Reuters on Thursday. Hans-Joachim Rothenpieler, Audi’s current head of development, will retire. Markus Duesmann was born on June 23, 1969 in Heek, North Rhine-Westphalia, Germany. In 1991, he finished his studies of […]

    Audi 2019 e-tron

    Former BMW executive Markus Duesmann tasked with reinventing Audi

    Volkswagen on Friday selected former BMW executive Markus Duesmann to reinvent Audi as the German premium brand appears to have lost key engineering know-how and influence following the 2015 diesel-cheating scandal. Duesmann will become chief executive of Audi and together with that he will take on board level responsibility for research and development at Volkswagen […]

    Audi , Luxury
    CEO Rupert Stadler

    Volkswagen board to discuss future of Audi CEO Stadler next week

    The supervisory board of Volkswagen is going to meet on Monday to talk about the future of Rupert Stadler, the suspended CEO of its premium brand Audi, German magazine Der Spiegel reported on Friday. The magazine stated the board was due to come to the decision if Stadler, who has been in police custody since […]

    Markus Duesmann

    BMW’s Markus Duesmann to join Volkswagen

    Volkswagen on Tuesday stated engine development expert Markus Duesmann, presently head of purchasing and suppliers at competitor BMW, is to join the automaker’s management board. Duesmann is the second high-profile defection from BMW to Volkswagen group after the departure of Herbert Diess in July 2015 as head of the Volkswagen brand. Diess took over as […]

    BMW , Volkswagen
    Contemporary Amperex Technology Ltd.

    CATL to build its first European electric vehicle battery factory in Germany

    Chinese battery maker Contemporary Amperex Technology (CATL) is going to build its first production site in Europe in Germany, agreeing a significant contract with BMW to provide lithium-ion batteries. The lack of Europe’s own production capabilities for the cells that power electric vehicles has prompted warnings that it could leave its vehicle industry exposed and […]

    BMW M2 M Performance Edition

    BMW to cut 1 billion euros in indirect expenses

    BMW plans to slash 1 billion euros ($1.14 billion) in indirect procurement expenses by 2019, BMW head of production Markus Duesmann informed the Handelsblatt daily. A BMW representative confirmed the figure. The German automaker’s indirect procurement costs total up to about 20 billion euros yearly, however BMW needs to make savings so the company can […]

    2017 BMW M4 CS

    BMW to Look For Compensation From Bosch for Auto Production Disruption

    BMW will look for compensation from Robert Bosch GmbH after missing out on parts for models consisting the bestselling 3-Series sedan caused production interruptions in Germany, China and South Africa. An absence of steering gears provided by Bosch, the world’s biggest vehicle parts provider, suggests there’s only limited car production at different German plants, while […]


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