Audi

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NSUG

Internal dossier criticises Audi top management: Bild

German luxury carmaker Audi's management board, including Chief Executive Rupert Stadler, has been sharply criticized by company managers, Bild am Sonntag reported on June 25, citing an internal dossier.

It said the executive board had shown no signals of a fresh start, change or readiness for the future, and that workers were frustrated with "disastrous" indecisiveness.

BAMC says Cimos clients ready to continue with cooperation

"A meeting was held in a very positive atmosphere today between representatives of [state assets custodians] BAMC and SSH and Cimos's clients," BAMC, the Slovenian bad bank, wrote today after it become clear a few days ago that the Italian fund Palladio Finanziaria would not acquire the indebted company.

Toyota loses top-selling automaker crown in 2016

Toyota lost its crown as the world's top-selling automaker in 2016, company figures showed on Jan. 30, with the Japanese giant overtaken by Volkswagen as the industry prepares for an uncertain trade environment under U.S. President Donald Trump.

The German automaker moved back into the top spot despite being hit by a massive emissions cheating scandal that rocked its reputation.

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