Top News:
- Shareholder adviser ISS opposes VW boards but backs dividend – Reuters: ISS advises against management, supervisory boards. * ISS backs planned dividend payout. * Volkswagen AGM to be held on June 22
- No, Germany Did Not Issue A Death Sentence For Fossil-Fuel Cars – Forbes: Electrek apparently has the alleged news from Toronto’s Globe and Mail, which used a Bloomberg piece, albeit with a catchier headline: “All cars in…
- Audi SQ2 breaks cover at the Nurburgring with up to 300bhp – Autocar: Hotter crossover is likely to use the S3’s 296bhp engine; flaunts quad exhausts and black exterior trim
- VW reorganises South American structure – Just-auto: The crisis-hitVolkswagen brand says itis progressing as planned with its regionalisation strategy and is creating a new regional structure in South America.
- Ford moves top managers around in China, India and HQ – Just-auto: Ford has announced announcing major changes in its China, India, global strategy and finance management team as part of plans to “elevate”Chinese operations and its new strategy to be both an auto and mobility company.
- Mazzanti Evantra Millecavalli supercar revealed with 986bhp – Autocar: New Mazzanti is claimed to be the ‘most extreme street-legal car ever built in Italy’; its turbocharged 7.2-litre V8 produces 36bhp more than the LaFerrari’s hybrid V12 powertrain
- 2016 Skoda Kodiaq shown in new sketches – Autocar: The production version of Skoda’s first SUV model will be launched this autumn; available in the UK in early 2017
- Daimler eyes first Russian car plant -spokeswoman – Reuters: Russia’s volume car market has been in decline for some time, grappling with plunging oil prices, a weak rouble and Western sanctions over the …
- Are Investors Over the Volkswagen Diesel Scandal? – Bloomberg: David Stubbs, global market strategist at JPMorgan Asset Management, discusses the outlook for Volkswagen, global M&A and impact on EU markets…