Volkswagen faces a trial in Germany as investors seek nearly $11 billion in compensation in a lawsuit that bundles 1,670 claims brought mainly by institutional shareholders.
Under new CEO Louis Camilleri, Ferrari is determined to be as successful as it was under his predecessor Sergio Marchionne, the chairman of the Italian supercar maker said.
VW Group appointed Christian Dahlheim as its new head of group sales, effective October 1. Dalheim replaces Fred Kappler, who will retire from the company.
Elon Musk smokes weed, sips whiskey on Joe Rogan podcast
Elon Musk sipped whiskey and smoked marijuana during a podcast with comedian Joe Rogan that touched upon everything from flame throwers and artificial intelligence to the end of the universe.
FCA chief Manley will name his new management team this month
Mike Manley, who took the helm at FCA four days before the July death of former CEO Sergio Marchionne, has been the largest single contributor to the company’s success, FCA Chairman John Elkann said Friday as shareholders formally approved Manley’s…