thanks for joining us on this Fridayedition of first shift I’m Jennifer bonkcoming up a look at luxury loyalty butlet’s begin with your top news storiesthe Volkswagen Supervisory Board willdiscuss the future of rupert’s toddlerthe suspended chief executive of premiumbrand OD at a meeting on Monday thisaccording to a report in the Germanmagazine Der Spiegel the magazine saysthe board is due to decide whetherSadler should give up his position hehas been in police custody sincemid-june as part of a broader probe intoemissions cheating at audi Spiegel saysit’s probable styler will be asked torelinquish the role inside sources closeto the company Volkswagen declined tocomment in July Videl be recruited BMWengine development and purchasing expertMarcus newsmen who has been touted as apotential successor to StadlerVolkswagen Group wants to form analliance with other automakers to createan industry standard for self-drivingtechnology in executive tells Reutersthat VW believes such a move would givecompanies better legal protectionfollowing accidents involving a V’saccording to the executive VW hasentered discussions with potentialpartners the talks centering on costsharing risk sharing and other liabilityissues mourners gathering at a Cathedralin Turin today for the first of twomemorial services for late Fiat ChryslerCEO Sergio Marchionne FCA chairman JohnElgin and Marshalls successor mike manlyamong those in attendanceMarchione died on July 25th inSwitzerland following shoulder surgerywe’ll bring you more on the service thisafternoon on Auto news now Hyundai MotorGroup has promoted heir apparent Eastson Chun to a role of overseeing theconglomerate this moves him a stepcloser to sayseating his 80 year old father chairmanmong-koo Chung the 47 year old son isvice chairman of the group’s crown jewelHyundai Motor Company he now becomesexecutive vice chair of the parentcompany Hyundai Motor Group says today’smove is in response to quotedeteriorating global trade issues andchanges in competitive dynamics in majormarkets charge point is planning a near50 fold increase in its global networkof electric vehicle charging locationsthe Silicon Valley company whoseinvestors include BMW Daimler andSiemens is aiming for 2. 5 millioncharging points by 2025 that’s up fromabout 53 thousand now and speaking ofelectrification furniture retailer IKEAGroup says that by 2020 home deliveriesin five urban areas including LosAngeles and New York will all be done byv’s or other zero emissions means thestate of the US luxury marketedmunds. com is taking a look at thatmatter in a new report and it finds thatas the price gap between luxury vehiclesand mainstream rides are shrinking thiscould pose a risk to luxury brandsspecifically as shopper preferencescontinue to move toward larger vehiclesfor example Edmunds finds that a midsizecar from a luxury brand sells for 107percent more than one from a mainstreambrand but a midsize SUV from a luxurymarque only sells for 48 percent morethan one from a mass-market brandEdmunds Jeremy Acevedo says as luxurybrands push into vehicle segmentsdominated by more premium offerings frommainstream brands they’re going to quotehave to work harder to convince shoppersthe brand cachet is worth paying extrafor some other highlights from thereport when it comes to luring shopperswho stick strictly to luxury JaguarPorsche and BIAw do the best job brands that are mostlikely to attract customers who are alsoCross shopping mainstream brands LincolnVolvo and Acura through August usdeliveries of luxury brands as Jeff 0. 3%to 1. 3 million vehicles accounting foreleven point four percent of the marketfinally a first shift footnote is Fordrevamps in Detroit’s Michigan CentralStation at recently bought it’s savingpieces of the abandoned stations historyin the form of jewelryFord commissioning rebel now a localsocial enterprise to repurpose layers offallen graffiti paint from inside thebuilding into pins cufflinks and morethe collection is a limited run of threehundred pieces all proceeds supportlocal nonprofits that wraps up thisweek’s first shift thanks for watchingwe’ll see you back here on Monday
source https://cardetailingphoenix.com/index.php/2018/09/19/vw-likely-to-ask-jailed-stadler-to-quit-automotive-news-tv-chanel-car-news/
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