Volkswagen CEO plans to separate the core Volkswagen brand from the Volkswagen Group and establish it as an independent company.

Japan Meteorological Agency reported an earthquake at 22:28:59 JST in Yamanashi Prefecture.

Zhongfu Shenying Carbon Fiber Co. said its wholly owned unit, Zhongfu Shenying Carbon Fiber Lianyungang Co., has begun trial production on some lines of its planned 30,000 tpa high-performance carbon-fiber project. The project, with planned investment of CNY5.96 bln, started construction in June 2023 and has a designed capacity of 30,000 tpa. The first-phase three production lines have entered trial runs. Using industry benchmark SYT49 (T700)-12K, a single line’s theoretical annual capacity is 3,000 t, so the three lines total 9,000 tpa theoretical capacity.