Ex-VW CEO Winterkorn said to pay $12M in diesel scandal damages
VW’s supervisory board is scheduled to discuss an agreement this week, sources told Reuters.
Porsche, Piech families may take direct stake in possible Porsche IPO, report says
Speculation about a listing of the sport-car brand earlier this year included estimates of a standalone valuation ranging from $55 billion to $110 billion.
New flying theater helps Dynamic Attractions launch co-venture effort
Orlando-based Dynamic Attractions developed a reputation for “flying theater” experiences, and it’s using that expertise to explore owning attractions. Its first co-venture is SkyFly: Soar America at the Island in Pigeon Forge in Tennessee.
Judges question Carlos Ghosn in Beirut
The architect of the Renault-Nissan alliance has been fighting multiple probes since fleeing to Lebanon from Japan in late 2019.
Tight supply sends some prices well over sticker
Cars and trucks are in high demand and selling quickly, even with few incentives or with a “market adjustment” added to the MSRP.