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VW Profits Slide Could Weaken Union

VW Profits Slide Could Weaken Union. “But if he can convince unions the company’s future is genuinely in peril, they may be more willing to swallow painful changes” Volkswagen said operating profits dived 9.5% in the second quarter while sales for 2026 would slip by 3%, reversing an earlier positive prediction. But investors reacted calmly, […]

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Despite $50 Billion Losses, Battery Progress Points To EV Gains

Despite $50 Billion Losses, Battery Progress Points To EV Gains. “EV sales are set to reaccelerate medium-term” Traditional automakers have taken a massive financial hit because of failed electric vehicle plans, suggesting the EV revolution has stalled. But a report from leading investment bank UBS suggests the reverse in Europe, because of battery technology cost, […]

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Honda-Nissan, Stellantis May Prompt More Mega-Mergers

Honda-Nissan, Stellantis May Prompt More Mega-Mergers. “While automotive mergers always look great on paper, making them work in practice is never easy” The mooted Honda/Nissan merger and the fallout from the change of leadership at Stellantis suggests the auto industry must brace itself for a period of turmoil, where size is seen as a necessity […]

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Expect 2025 EV Price War Led By VW

Expect 2025 EV Price War Led By VW. “we wouldn’t rule out EU intervention to limit the financial burden with several challenges such as growing Chinese competition, The CO2 vice tightening on VW, Renault and Ford / looks set to ignite a price war as traditional companies race to replace the internal combustion engine with […]

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Ferrari SF90 Stradale

Will Ferrari Switch To Electric Power Open The Door To Lamborghini, Aston Martin?

Will Ferrari Switch To Electric Power Open The Door To Lamborghini, Aston Martin? “First impressions of Ferrari’s long-awaited electrification plan are positive” Ferrari is the supercar of choice for those who want to flaunt their wealth with a bit of growling and occasionally snarling V-12 bravado. Wannabe brands like Lamborghini or Aston Martin and high-end […]

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