Audi reportedly rejected $9.2 billion investor bid for Lamborghini

Audi-reportedly-rejected-$9-2-billion-investor-bid-for-Lamborghini

The goal of Quantum is not to cut all ties with Volkswagen. It plans to turn Lamborghini into a “pioneer in innovation through the continuous implementation of new clean transmission technologies” throughout the entire range.  Volkswagen is keen to ditch some brands from its portfolio, but has yet to put up a “sold” sign in front… Continue reading Audi reportedly rejected $9.2 billion investor bid for Lamborghini

BMW CEO says they aren’t done with internal combustion engines

BMW-CEO-says-they-arent-done-with-internal-combustion-engines

At the same time, BMW has made a big announcement about new electric models and says that the BMW-owned Mini will only be powered by 2030, with the final ICE model to be released in 2025. Most of the automotive industry is undergoing a major transition from fossil fuels, but BMW CEO Oliver Zips says… Continue reading BMW CEO says they aren’t done with internal combustion engines