DAILY ROUNDUP | SEP 11 | VW 50% Cuts, Porsche €1B Sale, Audi EV -24.4%, Volvo AI
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Automakers are cutting models, simplifying powertrains, adding AI to gas vehicles, and selling off prestige assets just to survive the transition.
Today’s episode breaks down Volkswagen’s approved plan to cut its model lineup by 50%, Volvo standardizing the XC40 around a 247-horsepower all-wheel-drive setup, Google Gemini entering Volvo gas SUVs, UK used-car data showing luxury EV depreciation pain, and Porsche selling its Bugatti Rimac holdings in a €1 billion deal.
Today's Key Headlines…
The skinny
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