If President Trump pursues the proposed 100-percent tariff on Mattel, the Hot Wheels parent corporation, it could not be too long before consumers face higher prices for the cherished little cars. Trump’s planned tariffs on Mattel’s CEO, Ynon Kreiz’s comments on production diversification, may be reflected in higher prices for customers throughout the country. Tariffs: A Double-Edged Sword In a...
In 2010, Volkswagen Group acquired an impressive 90.1 percent stake in Italdesign, an upscale Italian design entity that gave birth to various iconic sports and supercars. While Lamborghini operated as the means of purchase, Italdesign found itself in Audi when Volkswagen Group purchased it. However, it has now become clear that Audi could be looking to liquidate Italdesign, which has...
Four brand new Cybertrucks amongst several burned cars appeared in the SODO area of Seattle early Monday at 4 a.m. The period presents uncomfortable times for Tesla due to rising conflicts because the company faces pressure and threats and widespread backlash within the United States. The building fire triggered at 11 p.m. Sunday in the 4th Avenue South near South...
In a rather regrettable incidence that has become an all too common occurrence, yet another shooting incident happened where a Tesla dealership was the target. The most recent episode was at Tigard, which happened last Thursday in the morning (March 6th) at 1.46 a.m. I feel that people are increasingly overemotional when discussing Tesla, as well as other businesses, with...
Porsche deals with important strategic modifications because Volkswagen Group operates within an industry that is expanding quickly. Further cost-cutting measures at Porsche will become effective through employee downsizing that aims to reduce the workforce to 2,000 employees by 2029 while the industry encounters fluctuating demand and economic instability. It is not only Porsche’s problem to reduce jobs, but it is...
Scout, the newly established off-road vehicle brand owned by the Volkswagen Group, is not a stranger to legal troubles, even if the first car, the Terra pickup, is not even expected this year. Some have led to major legal cases because of the company’s direct to consumer business model targeting car dealerships. These legal cases present the potential to have...
