BMW readies iNext for planned EV wave
The brand is gearing up for several electric vehicles including the i4 sedan, iNext crossover and battery-powered variants of its 5 Series and 7 Series sedans.
U.S. judge denies bail to 2 men accused of aiding Ghosn escape
Judge Indira Talwani rejected bail for U.S. Army Special Forces veteran Michael Taylor and his son, Peter Taylor, after Japan had sought their extradition. A magistrate also previously denied their release.
Walt Disney World slashes park hours for fall
Walt Disney World will cut its theme-park operating hours this fall, with Epcot closing two hours earlier than normal despite hosting the Taste of Epcot Food & Wine Festival.
Schaefflers enjoyed $35 billion fortune, then things unraveled
Georg Schaeffler and Maria-Elisabeth Schaeffler-Thumann’s combined fortune has been diminished to $8.5 billion during the coronavirus pandemic, which has hurt their two large automotive assets.
Consumers more likely to consider used than new
The study by McKinsey & Co. finds that used-vehicle consideration remains down compared with pre-pandemic levels, but it is stabilizing, while new-vehicle intent is decreasing.