Volkswagen U.S. CEO Pablo Di Si joined Cheddar New to discuss record quarterly electric vehicle sales and his reaction to Tesla trimming prices on some vehicles by 20% last week. “We'll continue with our pricing strategy, we're not cutting prices on the vehicle's quality over quantity and product content,” he said.
Share:
More In Business
Report: Virgin Orbit In Talks For $200M Investment
Virgin Orbit is reportedly in talks for a $200 million rescue plan and the company said in a regulatory filing that it plans to resume operations on Thursday.
Supreme Court Chews on Jack Daniel's Dog Toy Dispute
The court is deciding whether the toy maker infringed on Jack Daniel’s trademarks with its similar look.
Fed Raises Interest Rates Despite Recent Bank Collapses
The Federal Reserve has announced the latest decision on interest rate hikes.
Jack Daniels Trademark Lawsuit Against Dog Toy Company Heads to Supreme Court
Jack Daniels was at the U.S. Supreme Court today. The whiskey-makers argued that a dog toy company violated federal trademark law with a product that parodies the distiller's iconic bottle. The toy is the Bad Spaniels Silly Squeaker toy by VIP products. The first amendment case pits the rights of a famous trademark holder against parody products. Jack Daniel says the toy damages its reputation, especially the references to dog poop.
White Claw Announces Branded Vodka
Alcohol brand White Claw is moving into spirits amid an industrywide shift away from hard seltzers. The spiked seltzer brand announced a new line of regular and flavored White Claw premium vodkas. The bottles are available in select markets across North America and come in an unflavored option as well as pineapple mango and black cherry white Claw has dominated the Heart Seltzer market for years. Now bringing the category into the mainstream as more consumers sought those low calorie alcohol drinks.
Afternoon Alexa Flash Briefings of March 22nd
Afternoon Alexa Flash Briefings
Cheddar Afternoon News Briefings of March 22nd
Cheddar Afternoon News Briefings
JPMorgan Buys Firm Serving Startups in Wake of SVB Collapse
JPMorgan on Wednesday announced that it has entered an agreement to purchase Alumni, an analytics firm serving the venture capital industry.
Wall Street Holds Steady Ahead of Fed Decision on Rates
Stocks are holding relatively steady Wednesday as Wall Street bides its time until the Federal Reserve’s announcement in the afternoon about whether it will tighten the screws further on the economy.
