The Daily Populous

Tuesday November 28th, 2023 day edition

image for Volkswagen says its core VW brand is ‘no longer competitive’

Berlin — Volkswagen’s original brand is “no longer competitive,” the company’s brand chief warned Monday, owing to high costs and low productivity.

The company has been working to improve the financial performance its globally popular namesake car brand, a company spokesperson said.

The process is especially important as the VW Group, the parent company, shifts to production of more electric cars.

Volkswagen Group owns several brands including Porsche, Audi and its original brand Volkswagen, founded in 1937.

VW Group hopes to increase the VW brand’s return on sales from 3.6% last year to 6.5% by 2026, according to an investor presentation.

The company had previously said it planned to take advantage of the “demographic curve” to reduce its workforce.

In Monday’s meeting, human resources board member Gunnar Kilian said this would be achieved through agreements on partial or early retirement. »

‘Stop the price gouging’: Biden hits corporations over high consumer costs

Authored by cnbc.com

President Joe Biden took aim at corporations Monday for charging prices he said were artificially high even though the rate of inflation has slowed and some shipping costs have fallen.

While it's true that the annual rate of inflation has cooled from its high last summer, this doesn't translate directly into falling consumer prices.

Prices for some everyday goods have fallen over the past year, a reality reflected in lower Thanksgiving costs this year, for example. »

Palestinian minister: Hamas's October 7 massacre of Israelis 'heroic'

Authored by jpost.com

Fatah, Rajoub's party, which governs the Palestinian Authority under the leadership of President Mahmoud Abbas, officially supports a two-state solution.

He named this project as "an independent state with full sovereignty in accordance with the resolutions of international legitimacy.".

and that it was the American administration that has prevented the war from expanding. »

The Game Awards 2023 Security Will Be Ramped Up To Avoid Last Year’s Incident

Authored by gameinfinitus.com

The event security at The Game Awards 2023 is being ramped up in order to avoid the unforeseen incident from last year’s show.

During a live Q&A session, The Game Awards producer and host Geoff Keighley was asked whether he is taking more security measures for the 2023 event in order to prevent stage crashers.

Keighley responded by saying that he didn’t want to discuss this matter much publicly because it concerns security. »

Disneyland Park Guest Arrested After Stripping Off Clothes On “It’s A Small World” Ride

Authored by deadline.com

A Disneyland park guest in Anaheim, California was arrested and escorted off the property by local authorities after stripping off their clothes during the It’s A Small World attraction.

Another video shows the person sitting and touching the animatronics that decorate the ride located within the Fantasyland area of Disneyland park.

Disneyland’s “It’s a small world” apparently had a guest take off his clothes and walk through the attraction. »