Observers suspect that the top job at BMW is cursed. Seemingly without exception a failed CEO always follows a successful one. Bernd Pischetsrieder followed Eberhard von Kuenheim, Helmut Panke bowed out after Joachim Milberg and now Harald Krueger is departing after Norbert Reithofer.
Nio is one of several smaller electric-car startups competing with larger automakers as the Industry moves toward electrification. The sports-car company's founder William Li spoke to Automotive News Europe about this rivalry and the EV maker’s plans for Europe.
When a company suddenly warns it won’t meet its profit target, shareholders can be unforgiving -- especially when there is still more than half the year to go. That is what Daimler CEO Ola Kallenius is learning a little more than a month into his new job.
VW said its ID3 will be an electric car "for the millions and not the millionaires." But the ID3 will not immediately become a car for the masses because the launch edition of the Golf-sized hatchback costs more than the entry version of the midsize Passat.