Where dreams are made of carbon fiber

By Xiumei Dong and Iacopo Luzi Composite Envisions LLC, located in Wausau, Wisconsin, produces carbon fiber composite materials for customers around the world. As the company moves to a bigger factory, 29-year-old founder Cory Thorson, who became rich as a teen-age entrepreneur, said he is excited about the emerging opportunities. “More space, more employees, more […]

Volkswagen targets new demographic as it looks past emissions scandal

By Xiumei Dong Volkswagen AG, still reeling from a scandal that tarnished its reputation last year, is taking aim at some new demographic groups: younger drivers worldwide and Chinese car buyers. “Volkswagen is changing,” Dr. Herbert Diess, Chairman of the Volkswagen Passenger Cars, told the audience at a high-profile auto show in Geneva this week. […]

Size matters at the Chicago auto show

By Xiumei Dong With the drop in oil and gasoline prices, the auto industry is increasingly betting on larger size cars including SUVs, crossovers, and pickup trucks. At the Chicago Auto Show Thursday, Ford, Nissan, and Hyundai all introduced new lines of SUVs or crossovers. “The trend is undeniable. Since 2010, small SUV sales have been up […]