Click for more.
Volkswagen brand* delivered ~4.8 million vehicles to customers worldwide last year – 1.4 % fewer than in the previous year. However, it was the market leader in Germany with a market share of 19.1% , according to the German Federal Motor Transport Authority (KBA).**
“Around the globe, 2024 was a difficult year with sluggish economic activity, political challenges and intense competition – particularly in China,” said Martin Sander, Volkswagen Board Member for Sales, Marketing and Aftersales. “Yet, we are beginning the new year with optimism. Not only do we have attractive products, but we are meeting the needs of a wide variety of customer groups with our extensive, diverse model range that covers all drive types.” Continue reading
Seventh Big Rigging Guilty Plea in Michigan Asphalt Industry
The former president of a Michigan asphalt paving company pleaded guilty last Wednesday for his role in a conspiracy to rig bids for asphalt paving services contracts in Michigan, the U.S. Justice Department said today. Documents filed in the U.S. District Court for the Eastern District of Michigan, show that Timothy Baugher, former president of Pontiac-based Asphalt Specialists LLC (ASI), conspired with F. Allied Construction Company Inc. (Allied), and employees from those companies to rig bids in each other’s favor. Baugher participated in the conspiracy from July 2017 through May 2021.
“Americans deserve to pay a fair, competitive price to fix transportation infrastructure,” said Acting Assistant Attorney General Doha Mekki of the Justice Department’s Antitrust Division. “The division and our law enforcement partners will continue to hold accountable executives who cheat consumers by undermining the competitive process.” Continue reading →