Audi Ag Puns

Retired Vice President from Audi AG, General Motors, and Volkswagen AG

Terence has 35 years of professional sales experience at top levels of the world’s largest automotive manufacturers

Guide Exro in pioneering new technologies into emerging markets while generating revenue growth

Calgary, Alberta (January 27, 2020) – Exro Technologies Inc. (TSXV: EXRO, OTC: EXROF) (the “Company” or “Exro”), a leading clean technology company which has developed a new class of power electronics for electric motors and batteries, is pleased to announce that Terence Johnsson, an accomplished automotive global executive, has joined the Exro Board of Directors (“Board of Directors”).   Terence Johnsson has 35 years of professional experience at top levels of the world’s largest automotive manufacturers. Terence officially retired as Vice President from Audi AG in 2019, where he led the corporate P&L Overseas Sales Division and Globalization Strategic Initiative to operating profitability of $1 Billion while entering emerging markets with new engineered products. Prior to his tenure with Audi AG, Terence led Americas Sales Division for Volkswagen to 1.5x earnings growth. Terence began his career with General Motors in Detroit, Michigan.   After retiring, Terence has turned his business passion to supporting start-ups that are pioneering new technologies and reinventing sales channels for the emerging electric vehicle industry. Johnsson will help Exro to stay actively engaged with top leaders in automotive as well as provide guidance to revenue growth of the Coil Driver technology.

“I’m very excited about joining Exro at this time of transition,” said Mr. Johnsson. “I believe I can help Exro to accelerate commercialization of their next generation technology and supply electric vehicle applications globally.”

“We are thrilled about the commercial partnership opportunities in 2021 with bringing Terence on our board,” commented Sue Ozdemir, Chief Executive Officer of Exro. “As a well-respected automotive executive and proven global sales leader, we are very glad to welcome Terence to the team.”

ON BEHALF OF THE BOARD OF DIRECTORS

Sue Ozdemir, Chief Executive Officer

Microvision is mentioned as one of the "other players in the market". The list might be pretty interesting of who is mentioned and who isn't. The full report looks to have interesting sections that could paint more of a picture for those that can access it.

To get access to the actual report you need to submit a request. I put in a submission but I'm guessing they won't give one to a Robotics and Middle School Humanities teacher from Tokyo. I put in a request though so we will see. If anyone does think they can get access to the report, here is the link to the request page.

Download Free Sample Report (including 350 Pages PDF, Charts, Info-graphics and Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-autonomous-luxury-vehicle-market

The key players operating in the global autonomous luxury vehicle market are –

• AUDI AG
• BMW AG
• NIO
• Porsche Inc.
• Tesla

The other players in the market are Robert Bosch, Mercedes-Benz, Changan Automobile, Saic Motor Corporation, Baidu, Baic Motor, WaymoPanasonic, Continental AG, Denso Corporation, Visteon Corporation, Nippon Seiki Co.Ltd, Pioneer Corporation, Denso, Delphi Automotive, Infineon Technologies, NXP Semiconductors, Valeo, Texas Instruments, ZF Friedrichshafen, Magna International, Cisco Systems, Harman, Garmin, Microvision*, Inc., among other.*

So, i was sitting wondering what sectors would be cool to kind of dip the toes in... thought automotive.... but not just automotive (as i picked up Ford low.) I started to just take a peek at luxury car brands and auto groups as well as their stock prices.. nothing looked all too appealing except AUDI. The reason i say audi is they own a group of subsidiaries which most know of, Ducati, Lamborghini, Volkswagen to name a few... and long story short i find that as of monday it was sitting at 1000 euros which id have scooped up, but it gained 50% to 1500 euros.

Not here to cry over spilt milk, but the stock charts look different than anything ive seen or understand as im still fairly new. I am mainly wondering what would cause such a drastic increase of almost 600$usd over night for a company in a hurting sector.. Even before corona people were slowing down on purchase of luxury cars as of October 2019. There was no big news that i seen that would cause this either.

The reason i look to understand this is so in the future i can jump in, i was barely a day late this time, and this wouldve been a killer investment for someone as new as myself.

THANKS

-TBM

https://www.elektroauto-news.net/elektroautos/peter-mertens-ex-leiter-forschung-entwicklung-audi-wir-haben-geschlafen-es-wird-blutig

Was hier der ex-Leiter für Forschung und Entwicklung bei Audi sagt, ist brutaler Klartext und zeigt auf, wie gefährdet die deutsche Autoindustrie ist.

APO'

According to investopedia, Audi is wholly owned by Volkswagen AG. As I understand it, that means that VAG owns all shares. Could someone explain to me why Audi is then listed separately on the German Xetra exchange? I appreciate any input.

http://fourtitude.com/news/Audi_News_1/audi-annual-general-meeting-of-audi-ag-speeches/

"In the past eight years, we have halved the number of cylinders in our diesel racing engines and reduced their displacement by one third. We have increased their performance by 72 percent while reducing their fuel consumption by 38 percent. Efficient with engines, successful at the finishing line. We have entered the 24 Hours of Le Mans 16 times, and we have won it 13 times. And we have always applied pioneering technology: The first victory by a diesel racing car in 2006. The first victory by a hybrid sports car in 2012. Since then, the Audi R18 e-tron quattro has been unbeaten at Le Mans."