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Mercedes is getting rid of the EQS, due to flopping sales!

• Mercedes-Benz is set to replace its EQS with an all-electric S-Class model, following CEO Ola Källenius's announcement.

• The change comes as the EQS has not performed as expected, with weaker-than-hoped sales.

• Mercedes will now offer two versions of the S-Class: a combustion engine model and a fully electric version, both based on the “normal” S-Class design.

Source

Is Germany going downhill? Volkswagen considers closing production plants in Germany

• Volkswagen is considering closing some of its factories in Germany, marking a potential first in the company's 87-year history.

• This unprecedented move is driven by rising costs and stiff competition, especially from Chinese electric vehicle makers.

• The automaker had already announced a plan to cut costs by €10 billion by 2026 but now needs to save an additional €4 billion to stay competitive.

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Another Brand admits their electric plans were a little “too optimistic”. This time, it’s Volvo

• Volvo has revised its ambitious goal of becoming fully electric by 2030.

• The automaker initially announced its EV-only target in 2021, aiming to phase out all internal combustion engine vehicles, including hybrids, by the end of the decade.

• Volvo is now the fifth brand to admit their plants were too optimistic.

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Horacio Pagani confirms: Not interested in EVs or hybrids at all: “We will stick to the V12”

• Pagani Founder & CEO Horacio Pagani confirms: The company is sticking with pure V12 power for the foreseeable future, even as other supercar makers embrace electrification.

• He revealed, they initially considered a twin-turbo V8 hybrid powertrain for the Huayra's successor.

• However, this idea was quickly axed as the hybrid system added too much weight (880-1100 lbs) and Pagani's customers simply weren't interested in a hybrid. ⁠

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9 Years Later: VW’s Ex-CEO Could Face Jail Over Dieselgate

• Volkswagen's former CEO, Martin Winterkorn, faces trial over his role in the 2015 "Dieselgate" emissions scandal.

• He is charged with fraud, market manipulation, and false testimony.

• Prosecutors allege that Winterkorn knew about the illegal software used to cheat emissions tests and failed to notify investors of the risks.

• If convicted, he could face up to 10 years in prison, though a lighter sentence is anticipated.

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Audi Boss dead as he falls from 10,000ft. while climbing in Italy

• Audi executive Fabrizio Longo (62) tragically died in a climbing accident in Italy.

• He fell while hiking in the Dolomite Mountains, where he was undertaking a challenging route.

• His sudden passing has shocked the automotive industry and left a profound impact on his colleagues and the company.