automaker - California Times

Audi CEO shares future plans with a glimpse of the new Audi A5 family

July 13, 2024July 13, 2024Archana Suryawanshi

The CEO of Audi, Gernot Döllner, described the automaker’s plans to introduce new models in 2024 and 2025, noting that the Q6 e-tron’s debut this spring approved Audi’s model initiative. The first teaser of the A5 family’s tail light and rear light bar, which are scheduled to make their global debut on July 16, 2024, […]

Passage Q2 profit: EV reception will be ‘surprisingly sluggish,’ pushes back 600K run rate objective

July 28, 2023July 28, 2023Tejaswini Patil

Portage Engine delivered Q2 income post-retail close on Thursday, saying, “EV reception will be somewhat more slow than anticipated.” The automaker is pushing back its 600,000 EV run rate objective until the following year. Passage’s second-quarter income reviewSubsequent to losing $2.1 billion last year, working misfortunes developed to $722 million (dramatically increasing YOY) at Passage’s […]