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Sanlam's Nick Kunze talks markets and offers an update on US earnings season. Chris Rule from CoreShares on the offshore dividend aristocrats ETF. Dean de Nysschen from Glacier by Sanlam talks currency timing vs the opportunity cost of not investing at all.
Suspended African National Congress (ANC) secretary-general Ace Magashule has asked the State for a list of witnesses who implicated him in the R255-million Free State asbestos corruption case he faces. Magashule, controversial businessman Edwin Sodi, former Mangaung mayor Olly Mlamleli, former human settlements head of department Nthimotse Mokhesi and others appeared in the Free State High Court in Bloemfontein on Tuesday. The court heard that the defence was still dealing with notices the State submitted in terms of Section 212(B) of the Criminal Procedure Act, which usually contain facts that are not in dispute. The defence lawyers said they would respond to the notices before the accused's next court appearance. Magashule's advocate, Laurence Hodes, SC, told the court that they requested a list of State witnesses who implicated Magashule and were referred back to the docket. "We can revisit [the request] closer to the trial," State advocate Johan de Nysschen said. "It's quite logic[al] that they will have to read the whole docket, and I don't want to bind myself by five or 10 witnesses." The case was postponed to 3 November for pre-trial proceedings. News24 previously reported that Sodi also intended to lodge two applications - one relating to the admissibility of evidence the Zondo Commission heard about the asbestos case, and another on whether Magashule's former personal assistant, Moroadi Cholota, is a State witness. Hodes, who also represents Sodi, explained that Sodi gave testimony before the commission. The defence's argument relates to the admissibility of the testimony because Sodi was compelled to testify, which eviscerated his right to silence. It was made clear that the testimony could not be used against him in a criminal trial, the court heard. Hodes said the second application related to the State's so-called star witness, Cholota, who was Magashule's assistant when he was the premier of the Free State at the time when the crimes were allegedly committed. Hodes argued that, while the State placed on record that Cholota was a witness, she had not yet signed a statement that was drafted for her. He said the absence of a signed statement meant that the State had not secured her assistance. The defence had Cholota as a defence witness, Hodes said. Asbestos tender The accused have been charged with fraud, corruption, theft and money laundering, among other charges, related to the R255-million contract for the assessment and removal of asbestos from roofs and/or housing. It is alleged that, in 2014, two companies were appointed – including Gauteng-based Blackhead Consulting – as service providers to the Department of Human Settlements in the Free State. The two companies allegedly subcontracted two other companies, one of which did the work for R21-million.
Anchor Capital's Martin Smith talks the MTN update and resource stocks storming higher. Dean de Nysschen from Glacier by Sanlam on the role of a money market fund in your portfolio. Revix founder, Sean Sanders, on the rise of crypto alt coins.
Readying the environment for transformation: Johan de Nysschen, COO of Volkswagen North America, joins host Gregg Garrett for a discussion on the importance of readying the environment for transformation; as well as sharing his observations of the automotive industry and the lessons he’s learned through decades of executive leadership. Johan of course shares his Top Three and you have to hear what he says about the importance of professional informal interactions. About Johan De Nysschen Johan de Nysschen is a member of the boards of Volkswagen North America Region and Volkswagen of America, Inc. He also served as Chairman of the Board, Volkswagen de Mexico. As COO, he oversees engineering, quality, purchasing, value engineering, production and vehicle logistics for compact, midsize and electric vehicles. He brings extensive automotive experience from Audi, General Motors and Nissan, with domestic and global success in brand development, product portfolio planning, and overall business operations. He joined Audi of America as president in 2004, after many successful international assignments with the brand, including president of Audi Japan. de Nysschen departed from the VW Group in 2012, returning in October 2019 following his appointment as COO. de Nysschen has an MBA in marketing and finance from the University of Pretoria and a bachelor’s degree in commerce and economics from Nelson Mandela Metropolitan University. A performance car enthusiast and classic car collector, he lives in New York with his wife, Anna. Show Highlights During this episode: Building block for readying the environment [1:01] Are you doing enough “greasing the skids” for your transformation? [4:28] Welcome guest, Johan de Nysschen [5:17] The “Top Three” Brand Pretorius: “Take care of the customers and that will take care of the business” [11:24] Peter Schwarzenbauer: A great ally and shared similar philosophy on many things [12:17] Tangible lessons learned from Johan’s relationships: Talent, culture and more [13:31] Transformation & Disruption Industry Observations: Is the automotive industry under disruption? [32:40] Celebrating Johan: A public reflection on a career mistake [44:05] You have to hear this… Collaboration and teamwork are vital [47:00] Additional Information Contact Johan de Nysschen: Johan’s LinkedIn Contact Gregg Garrett: Gregg’s LinkedIn Gregg’s Twitter Gregg’s Bio Contact CGS Advisors: Website LinkedIn Twitter
Volkswagen brand's North American COO Johan de Nysschen discusses the automaker's recent strides in vehicle quality and why it will be a battle for each ID4 EV that's built. The longtime luxury brand executive also compares and contrasts the cultures at VW and his former employer, General Motors.
Petri Redelinghuys of Herenya Capital on the Nasdaq and S&P500 charts as well as the Top40 looking weak. OneLogix CEO Ian Lourens on its first profit decline in 11 years. Dean de Nysschen of Glacier by Sanlam on not trying to time the rand when investing offshore.
The CEO of Volkswagen of America opens up about lessons learned from the automaker's 2015 diesel emissions scandal, the launch of the ID4 battery-electric subcompact crossover, the hiring of longtime luxury executive Johan de Nysschen and offering customers zero percent financing on certified pre-owned vehicles during the COVID-19 outbreak.
SPECIAL GUEST: Sandy Munro, Munro and Associates, Inc.NEWS:03:00 - Tesla Model 3 Teardown Analysis14:55 - The Good Stuff: Model 3 Automatic Drive Modules26:46 - Are the pieces good? Door Panels, Exterior, etc.29:00 - Model 3 Battery: Intricate Magic42:55 - Doctor Data44:55 - Mechanics of the Model 31:11:10 - PHONE CALL: Automation Issues1:14:29 - PHONE CALL: Model 3 Build Quality1:18:30 - Johan de Nysschen out at CadillacPANEL:- John McElroy, Autoline.tv- Gary Vasilash, Automotive Design and Production- Craig Cole, AutoGuide.com
Did ousted Cadillac boss de Nysschen have the U.S. market in his blind spot? Plus, how Mueller’s cleanup job still left a mess at Volkswagen Group.
- De Nysschen Out as Head of Cadillac- FCA CEO to Be Announced Next Year- Diesel F-150 Fuel Economy Figures- New Ford Mustang Cobra Jet- Opel’s German Plants 2X More Expensive Than PSA’s- Tesla Accused of Using Misleading Autopilot Stat
- De Nysschen Out as Head of Cadillac - FCA CEO to Be Announced Next Year - Diesel F-150 Fuel Economy Figures - New Ford Mustang Cobra Jet - Opel’s German Plants 2X More Expensive Than PSA’s - Tesla Accused of Using Misleading Autopilot Stat
Bob Carter, president of Toyota North America, discusses the new Camry and the global nature of the auto industry. Nancy Ognanovich, a senior reporter at Bloomberg BNA, talks to Pimm Fox and Lisa Abramowicz about the Senate hearings on Donald Trump's cabinet picks. Johan de Nysschen, president of Cadillac, discusses Cadillac's new car subscription service in NYC and the importance of the V-series to the brand. Joe Hinrichs, president of the Americas at Ford, discusses new electrified vehicles and investment in new jobs in Michigan.
Once not too long ago it was king of the luxury hill. But having lost that title to the Germans years back, Cadillac has sputtered on every end. By the time the product was fixed much of the customer base had defected. But now Cadillac has turned to the luxury brands’ Mr. Fix It, Johan de Nysschen. Responsible for transforming Audi into the U.S. sales powerhouse it is today and was on his way to attempting the same for Infiniti before Cadillac came calling. On this week’s show, Mr. de Nysschen talks about his strategy for Cadillac to regain the luster, and more importantly, sales it has lost since 2000. Joining John McElroy on his panel are John Stoll of the Wall Street Journal and AutoPacific analyst David Sullivan.
Once not too long ago it was king of the luxury hill. But having lost that title to the Germans years back, Cadillac has sputtered on every end. By the time the product was fixed much of the customer base had defected. But now Cadillac has turned to the luxury brands’ Mr. Fix It, Johan de Nysschen. Responsible for transforming Audi into the U.S. sales powerhouse it is today and was on his way to attempting the same for Infiniti before Cadillac came calling. On this week’s show, Mr. de Nysschen talks about his strategy for Cadillac to regain the luster, and more importantly, sales it has lost since 2000. Joining John McElroy on his panel are John Stoll of the Wall Street Journal and AutoPacific analyst David Sullivan.
This week's Cleantech Talk podcast was an especially interesting one, imho. The first story Chris DeMorro and I discussed was a particularly fun one because it's about the CEO of Cadillac, Johan de Nysschen, and Johan dropped several comments on Chris's article in response to the article. The short story is that Johan said in 2009 (when he was heading up Audi) that anyone who bought a Chevy Volt was an idiot. Now, he's the CEO of Cadillac, and the company is reportedly pulling the plug on the Cadillac ELR. I think you get the idea. Johan, however, jumped onto the Gas2 article (on a Sunday, no less) to defend himself and Cadillac's electric interest and ambitions. That led us into a discussion of the 2016 Chevy Malibu Hybrid, a car that is bigger than the Toyota Prius but has almost the same efficiency... and is largely based on the Chevy Volt drivetrain (despite not being a plug-in car). Of course, we got around to some Tesla news, talking about the Model S 70D, Tesla's current lineup, and Tesla's super controversial website pricing approach. Read more on CleanTechnica.com, GAS2.org, and/or EVObsession.com
The new Cadillac CTS is making news and turning heads at the New York Auto show and Paul W. Smith talks to Johann de Nysschen Cadillac President about the luxury vehicle.
UP FOR DISCUSSION:- Ford’s big quarter: Mustang and F-150. What do they do for a second (third?) act?- Ram 1500 not only is selling like mad, but they’re going to be making 20% diesels.- Johan de Nysschen tells Cadillac dealers that things are going to get worse before they get better.- GM’s Mary Barra gets on the cover of Time magazine. Why?SPECIAL GUEST: Jeff Nowak, Chief Designer, Ford Studio 2000X- What does this little-known studio have to do with how future Ford models will look and feel?All that and much more with Gary Vasilash, Automotive Design and Production; Jeff Sabatini, Car and Driver; John Manoogian, College for Creative Studies.
Fiat-Chrysler CEO Sergio Marchionne has tapped Ron Bloom to advise him on buying the rest of Chrysler from the UAW’s VEBA health care trust fund. And speaking of Chrysler, it’s taking a more “hands on” approach to boosting engine output. Johan de Nysschen, the head of Infiniti says the company needs to “de-Americanize” its cars in order to boost sales globally. All that and more, plus a preview of Autoline This Week all about converting fleet vehicles to run on propane.
Ford is the first automaker to release its 2012 earnings, and we take a deep dive into the places where they're winning and losing. At long last we'll see the clean diesel version of the Chevrolet Cruze debut in the U.S. John McElroy asks Johan de Nysschen why Infiniti has changed its naming scheme to focus on the letter Q. All that and we take a look at the all-new 2013 Nissan Pathfinder.
While AAH is off the air this week, please enjoy this encore presentation of our Paris Motor Show coverage. Join John McElroy for a personal tour of the Mondial de l’Automobile with guests such as Johan de Nysschen, the man who has been challenged to transform Infiniti into a competitive global brand. John also talks to Jim O'Sullivan and gets a peek at the brand new Mazda6, including a version we won't see in the U.S. Plus a look at some of the coolest French concept and production cars to debut at the show. What is the best looking concept at this year's exhibition? McElroy gives you his answer. All that and way, way more.
The gap in quality among carmakers continues to shrink according to J.D. Power’s Initial Quality Survey. Audi just announced that Scott Keogh will replace Johan de Nysschen as President of the company’s U.S. operations. Chevy just announced the base price for the 2013 Malibu is just over 23,000 dollars, which is a small increase over the current Malibu. All that and more, plus a look at the all-new Ford Escape.
Every two years the massive Messa in Frankfurt, Germany plays host to one of the largest, if not the largest auto show in the world. Twelve huge buildings with another constructed just for that event alone, it’s the center of the automotive universe for those days in September. This backyard advantage provides the hometown German automakers with the opportunity to impress the auto world with displays the size of zeppelins filled with cutting edge concepts. John McElroy anchors Autoline this week from the site of this biennial show getting the latest from executives for three important German brands, including Jonathan Browning of Volkswagen of America, Ian Robertson from BMW AG and Johan de Nysschen of Audi America.
Every two years the massive Messa in Frankfurt, Germany plays host to one of the largest, if not the largest auto show in the world. Twelve huge buildings with another constructed just for that event alone, it’s the center of the automotive universe for those days in September. This backyard advantage provides the hometown German automakers with the opportunity to impress the auto world with displays the size of zeppelins filled with cutting edge concepts. John McElroy anchors Autoline this week from the site of this biennial show getting the latest from executives for three important German brands, including Jonathan Browning of Volkswagen of America, Ian Robertson from BMW AG and Johan de Nysschen of Audi America.
Don't Look Back The longtime Hall of Fame baseball pitcher Satchel Paige once said "Don't look back -- something might be gaining on you." In the case with today's luxury car leaders BMW, Mercedes-Benz and Lexus that "something" is Audi. The great luxury car maker that, in the past, could never quite get over the top has been gaining momentum with awards, marketing and, most importantly, sales. Halo vehicles like the R8 have grabbed the headlines but the real gains are coming across the entire lineup putting pressure on the traditional leaders of the segment. Just what are Audi's sales goals and how does the company plan to keep the momentum rolling? This week on Autoline Detroit to answer those and other questions on this blazing hot German luxury car maker is Johan de Nysschen, President of Audi of America. John McElroy is joined on his Autoline Detroit panel by David Welch of Bloomberg/Businessweek and Chris Paukert from Autoblog.com.
Autoline Daily has learned that VW is tooling up its new assembly plant in Tennessee to build up to 85 percent diesels when it introduces its new mid-size sedan. A look at Jaguar's latest concept, the C-X75, unveiled in Paris. Researchers in Japan have developed a hybrid car that doesn't use rare-earth metals. All that and more, plus a preview of this week's Autoline Detroit with the President of Audi of America, Johan de Nysschen.
Don't Look BackThe longtime Hall of Fame baseball pitcher Satchel Paige once said "Don't look back -- something might be gaining on you." In the case with today's luxury car leaders BMW, Mercedes-Benz and Lexus that "something" is Audi.The great luxury car maker that, in the past, could never quite get over the top has been gaining momentum with awards, marketing and, most importantly, sales. Halo vehicles like the R8 have grabbed the headlines but the real gains are coming across the entire lineup putting pressure on the traditional leaders of the segment. Just what are Audi's sales goals and how does the company plan to keep the momentum rolling? This week on Autoline Detroit to answer those and other questions on this blazing hot German luxury car maker is Johan de Nysschen, President of Audi of America. John McElroy is joined on his Autoline Detroit panel by David Welch of Bloomberg/Businessweek and Chris Paukert from Autoblog.com.
One of the hottest brands in the luxury segment right now is Audi. After making strides in Europe and China, the company now appears to be on the verge of a breakout in the United States. On this edition of Autoline EXTRA, John McElroy talks with the man in charge of Audi of America, Johan de Nysschen. They discuss Audi’s participation in the American Le Mans series and whether or not that’s helped Audi’s image in the US. Mr. de Nysschen also discusses how Audi’s marketing has changed in the American market and what its direction will be in the future. Joining John in the discussion are Scott Burgess from the Detroit News, and David Welch from BusinessWeek magazine.
Ring LeaderIn the past when you talked of the North American luxury car market two names always jumped to the head of the class, Mercedes-Benz and BMW. But these days there's a bona fide third manufacturer in the mix, Audi. For the last few years, the high-end brother of the Volkswagen brand has been making its move in the American market with a fleet of freshly designed performance-based cars that have heads turning across the country. The luxury brand known for its four ring emblem has been growing market share in the states even during this sales slump. And that's good news at headquarters as the company prepares to celebrate its centennial this summer.Joining John to discuss the brand, its 100-year heritage and its sizzling new products is Johan de Nysschen, president, Audi of America. Also on the panel are David Welch of BusinessWeek and Scott Burgess of The Detroit News.
One of the hottest brands in the luxury segment right now is Audi. After making strides in Europe and China, the company now appears to be on the verge of a breakout in the United States. On this edition of Autoline EXTRA, John McElroy talks with the man in charge of Audi of America, Johan de Nysschen. They discuss Audi’s participation in the American Le Mans series and whether or not that’s helped Audi’s image in the US. Mr. de Nysschen also discusses how Audi’s marketing has changed in the American market and what its direction will be in the future. Joining John in the discussion are Scott Burgess from the Detroit News, and David Welch from BusinessWeek magazine.
Ring Leader In the past when you talked of the North American luxury car market two names always jumped to the head of the class, Mercedes-Benz and BMW. But these days there's a bona fide third manufacturer in the mix, Audi. For the last few years, the high-end brother of the Volkswagen brand has been making its move in the American market with a fleet of freshly designed performance-based cars that have heads turning across the country. The luxury brand known for its four ring emblem has been growing market share in the states even during this sales slump. And that's good news at headquarters as the company prepares to celebrate its centennial this summer. Joining John to discuss the brand, its 100-year heritage and its sizzling new products is Johan de Nysschen, president, Audi of America. Also on the panel are David Welch of BusinessWeek and Scott Burgess of The Detroit News.