Jonathan Browning News
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Axiata Group Bhd., Malaysia’s largest mobile-phone operator, is evaluating a bid for PT Axis Telekom Indonesia, three people with knowledge of the matter said.
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Goldman Sachs Group Inc. ended a seven-year investment in Industrial & Commercial Bank of China Ltd. by selling a $1.1 billion stake in the world’s largest lender by market value, a person familiar with the matter said.
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Goldman Sachs Group Inc. ended a seven-year investment in Industrial & Commercial Bank of China Ltd. by selling a $1.1 billion stake in the world’s largest lender by market value, a person familiar with the matter said.
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“My first car was a Jetta,” said Caroline Cunningham, the president of the Trust for the National Mall yesterday at its 6th Annual Benefit Luncheon.
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With the yen weakening and Europe’s debt crisis spreading, Volkswagen AG and its German peers are planning to spend more than $25 billion by 2017 to expand production outside their home region and insulate themselves from currency convulsions.
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Volkswagen AG, pursuing aggressive sales growth, said it hired Mark McNabb as chief operating officer for its namesake brand in the U.S., overseeing sales and customer experience.
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Volkswagen AG handpicked a group of 25 U.S. auto dealers two years ago for a three-day trip to its headquarters. Off-road drives in a Touareg sport-utility vehicle and a glimpse at future products were capped by dinner with German beers in the medieval Wolfsburg Castle.
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The U.S. needs to address rising debt and reduce political discord if it wants further investment from foreign companies such as Volkswagen AG, the top U.S. executive for Europe’s biggest carmaker said.
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Volkswagen AG, aiming to increase U.S. sales with a revamped Passat, has received an award from Motor Trend magazine that may help its marketing of the redesigned midsize sedan.
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Volkswagen AG , Europe’s largest carmaker, named Jonathan Browning to head its U.S. operations, putting an end to a 2 1/2-month leadership vacuum at the unit.
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