German Brands Gloomy About Future

Poll measures their confidence at its lowest since Great Recession.
Poll measures their confidence at its lowest since Great Recession.
Volkswagen's supervisory board will convene Tuesday to discuss a proposed cost-cutting initiative ahead of investor meeting.
‘ID.Buzz’ first iteration of iconic brand in North America in 20 years.
They will remain so until automaker’s dispute with Russian automaker GAZ is resolved.
It will focus on electric and digital efforts, particularly in China and North America.
According to EV-Volumes data, from Jose Pontes, five OEMs handled more than half of all EV sales.
Japanese automaker holds top sales title for third straight year, besting VW.
Around $28 billion in green bonds are available globally for automakers to help fund their transition to electric vehicles.
Data analysis puts South Korean brand’s volume above GM, other big players.
Economic pressures expected to make 2023 even more challenging.
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