AD #3884 - VW Shocks Germany with Plant Closing Warning; UAW Raises Threaten Supplier Jobs; Volvo Joins Central Compute Club
About this episode
Volkswagen warns of potential factory closures in Germany amid ongoing struggles in the European auto market, with overcapacity and pandemic impacts cited. The trial of former VW CEO Martin Winterkorn for Dieselgate fraud begins, highlighting the scandal's lasting effects. The UAW's aggressive wage demands at suppliers risk job losses due to automation. Chinese EV sales surge thanks to subsidies, yet stock prices falter. Volvo joins Tesla, Rivian, and BYD in adopting centralized zonal computing, showcased in its new EX90 electric SUV. Audi launches new combustion and electric platforms, while Aston Martin revives the Vanquish with a powerful V12, signaling diverse industry directions.
Chrysler P Chrysler
"Speaker 1: Stilantis says it's not splitting off any of its brands. That's the company's response to Frank Rhodes, the grandson of Walter P. Chrysler, who last week revealed he wants to put together an investment group to buy Chrysler, Dodge, Plymouth, Mopar and pretty much everything else that goes along with them."
Aston Martin Vanquish
"...c name. At the same time, it revealed the all new Vanquish, which rocks a twin turbo five point two liter V ..."
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