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VW ousts CEO Herbert Diess, replaces him with Porsche boss

VW ousts CEO Herbert Diess, replaces him with Porsche boss

Herbert Diess (AP) Volkswagen AG abruptly ousted Herbert Diess, its chief executive officer and architect of the auto industry’s biggest electrification effort, after repeated clashes with labor unions chipped away at his support with key stakeholders. Porsche boss...
Tested: 2022 Jeep Wrangler High Tide Stands Tall

Tested: 2022 Jeep Wrangler High Tide Stands Tall

Lately it’s all Ford Bronco this, Ford Bronco that. If it’s not the Raptor, it’s the Everglades. What about the Jeep Wrangler? Is there any news there, you ask? Why yes, there is. And while it’s perhaps not anything too major—no Rubicon 392—the...
Ford to Fund Its EV Efforts in Part by Laying Off 8000 Workers

Ford to Fund Its EV Efforts in Part by Laying Off 8000 Workers

An anonymous source told Bloomberg on Wednesday that Ford is planning to cut as many as 8000 jobs from its Ford Blue division.Ford Blue produces the company’s ICE vehicles, and Ford is looking to cut $3 billion in operational costs from its gas-powered business...