GlobalFoundries (NASDAQ:GFS) (GF) today announced the appointment of two new senior executives to its leadership team. Tim Stone has been appointed as the new Chief Financial Officer (CFO), taking over for David
Audi, a subsidiary of Volkswagen AG, is developing new models on a China-specific "Advanced Digitized Platform" with SAIC. This collaboration will expand Audi's BEV portfolio in China, accelerating its transformation in the world's largest market. The first model is set to launch in 2025, reducing time-to-market by over 30%.