Audi bets big on electric vehicles as demand surges, supply chain snarls persist
Audi plans to invest about $19 billion globally in electrification through 2026. The automaker will begin gradually phase out production of internal combustion engines in 2033.
Salvage teams assessing damage aboard burnt Felicity Ace car carrier
The Felicity Ace, which was scheduled to arrive in the Port of Davisville, Rhode Island, on Feb. 23, started burning in the Atlantic Ocean on Feb. 16 near the Azores Islands.
Felicity Ace fire 'devastating' to auto industry, Ernie Boch Jr. says
Nearly a week after its 22 crew members abandoned ship, the Felicity Ace car carrier is "still assumed to remain on fire drifting south of the Azores Islands in the Atlantic," according to its manager MOL Ship Management.
Volkswagen, Audi say 3.3 million customers' data exposed in North America
Volkswagen said a third party may have obtained the information of about 3.3 million customers or potential buyers in a Friday letter, according to reports.