Audi's CEO sees volume doubling by 2030 in EV-dominated future
Markus Duesmann said growing Volkswagen Group synergies mean “a sustainable return of 11 percent is definitely realistic for us in the long term.”
Audi's Grandsphere concept envisions autonomous vehicle as living room
It is the second of three such vehicles that look at how the brand sees its interaction with customers after it transitions to all EVs and introduces autonomous driving capabilities.
U.S. traffic deaths jump 10.5% in first quarter
Traffic deaths have risen dramatically after coronavirus lockdowns ended in 2020 as more drivers engaged in unsafe behavior like speeding, regulators said.
Nikola, Bosch tie up to build fuel cell power modules
The truck maker will assemble the modules at its manufacturing operation in Coolidge, Ariz., for its regional and long-haul commercial semis.
Daimler expects chip shortage to whack Mercedes' Q3 sales
CEO Ola Kallenius declined to predict how long the semiconductor crisis will affect the automaker’s business. “What is important is that demand for cars is there,” he said. “At some point the chip problem will be solved.”