(Bloomberg) Volkswagen, Renault and Stellantis are thinking the unthinkable, exploring tie-ups with sworn competitors to make cheaper electric vehicles and fend off existential threats.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersStocks Pause Near Record as Traders Await Catalyst: Markets WrapWall Street’s Moelis Bet Big on the Middl
(Bloomberg) Volkswagen, Renault and Stellantis are thinking the unthinkable, exploring tie-ups with sworn competitors to make cheaper electric vehicles and fend off existential threats.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersA $6 Trillion Wall of Cash Is Holding Firm as Fed Delays CutsYour 401(k) Will Be Gone Within a DecadeAs C
Also, General Motors pauses Chevy Colorado and GMC Canyon sales for software issues, and a Toyota affiliate is facing a crackdown for emissions cheating.
Audi: Frascella, alumnus of the Istituto d`Arte Applicata & Design in Turin, began his career at Stile Bertone. Positions at Ford Motor Company and Kia followed. Since 2011, Frascella (52) held leading roles at Jaguar Land Rover, most recently as Head of Design for both the brands.
Former Volkswagen Group chief executive Martin Winterkorn denied responsibility for the diesel emissions scandal in court testimony on Wednesday, more eight years after revelations of the affair rocked the German auto giant. Winterkorn, 76, took the witness stand in a civil lawsuit brought by VW investors. Winterkorn is also facing two criminal proceedings over his alleged involvement in the scandal, in which VW diesel engines were programmed to appear cleaner in emissions testing than in real-w