Bloomberg Volkswagen AG (VW) Chief Financial Officer Arno Antlitz said he expects next year to be “even more challenging” than 2022 as inflation and a worsening economic outlook cut into demand. Antlitz, speaking in a Bloomberg TV interview, said VW will need to improve productivity and lower fixed costs as the carmaker can’t fully pass on soaring raw material …

  Bloomberg Intel Corp will delay construction of its German chip plant and is seeking more in government subsidies, Volksstimme reported. The US-based chipmaker earlier this year announced plans for a mega site worth $18 billion in Magdeburg. Construction was set to begin by mid-2023, and the government planned to provide €6.8 billion in state aid. The cost has now …

  Bloomberg Boeing Co is closing in on an order for as many as 200 of its 737 Max jets from Air India Ltd’s new owner Tata Group as the two sides race to wrap up talks before the year-end holidays, according to people familiar with the matter. The final deal is expected to include 40 to 50 Max aircraft …