UPDATE: As the effects of the Trump administration tariffs ripple through different industries, automaker Audi is reportedly considering building a “twin” plant in Chattanooga, according to German business journal Handelsblatt. Volkswagen Chattanooga is said to be the favored location, since the current facility has been operational for more than 13 years and could reduce the…
By Rachel More BERLIN (Reuters) -Volkswagen’s embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU’s trade deal with U.S. President Donald Trump and reported a 400-million-euro ($462 million) hit from tariffs in the first half. The burden of tariffs on car imports to the United States only added to Porsche’s…
In 1988, Gates purchased the Porsche 959 ‘Komfort’—a marvel of its time, boasting a 2.85-liter twin-turbo flat-six engine, electronically adjustable suspension, and a top speed of 200 mph. It was the fastest street-legal production car of its era and an automotive dream for enthusiasts worldwide. Gates, an avowed car lover, couldn’t resist the allure of…
A few weeks ago, I was bound to crutches after fracturing the neck of my femur while running a half-marathon with Image’s fashion director at large, Keyla Marquez. This happened right before Paris Fashion Week for the men’s spring/summer 2026 season, which we both had plans to attend, and I was left with two options:…
Recent reports from Europe points to German automaker Audi moving some vehicle manufacturing to the U.S. to avoid the newly-enacted tariffs by the Trump administration. Audi, Volkswagen and Porsche are all part of the Volkswagen Group, which also sports other boutique brands such as Bentley and Lamborghini. Audi and Porsche vehicles are assembled in…
A 39-year-old former accounting manager has been sentenced to six years and six months’ imprisonment after stealing more than HK$26 million (US$3.35 million) from his former employer, the Four Seasons Hotel in Hong Kong, over four years. The High Court heard that Chan Yiu-choi, who is married and has an eight-year-old daughter, stole the money…
A 39-year-old former accounting manager has been sentenced to six years and six months’ imprisonment after stealing more than HK$26 million (US$3.35 million) from his former employer, the Four Seasons Hotel in Hong Kong, over four years. The High Court heard that Chan Yiu-choi, who is married and has an eight-year-old daughter, stole the money…