Volkswagen Group has launched an all-encompassing new cost-cutting plan, which will determine the workings of the German automaker in the coming 3 years. The company said in a closed-door briefing attended by CEO Oliver Blume and CFO Arno Antlitz that it had a goal of cutting operating expenses by 20 percent in 2028. The announcement was hastened due to a...
Something you most likely encountered when visiting any car expo is the number of young ladies intentionally placed around the shown cars. The booth babes, as they are called, will become a thing of the past, as it was shown that using ladies to promote vehicles could be interpreted as a degrading attitude towards women. Correctly outlining the fact that...
You may remember the reports of a possible buying of Italdesign Giugiaro by Volkswagen AG and I am pleased to see some confirmation on the situation as the German group announced the future purchase a controlling stake today. The official figure desired by VW is a whopping 90.1% of the Italian design and engineering company. Volkswagen Group have will be...
