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Author: Handelsblatt in German Online News

German Handelsblatt: Cariad: He was supposed to develop the electric car of the future for VW – now he is about to leave010076

Oliver Blume brought Sanjay Lal from Silicon Valley to reorganize the e-car software. But a US partnership is likely to end the mission prematurely. Go to Source

Published November 12, 2024
Categorized as Automotive, German Press Tagged Electric vehicles, M and A, VW

German Handelsblatt: Software subsidiary Cariad: He was supposed to develop the electric car of the future for VW – now he is about to leave010075

Sanjay Lal was supposed to lead the most important VW software project. Now his unit is likely to be incorporated into a joint venture with US competitor Rivian. What’s next for the former bearer of hope? Go to Source

Published November 11, 2024
Categorized as Automotive, German Press Tagged Electric vehicles, M and A, VW

German Handelsblatt: Software subsidiary Cariad: He was supposed to develop the electric car of the future for VW – now he is about to leave010073

Sanjay Lal was supposed to lead the most important VW software project. Now his unit is likely to be incorporated into a joint venture with US competitor Rivian. What’s next for the former bearer of hope? Go to Source

Published November 11, 2024
Categorized as Automotive, German Press Tagged Electric vehicles, M and A, VW

German Handelsblatt: Volkswagen: VW managers fail with lawsuits against austerity measures010072

Managers at VW should also forego bonuses and wage increases. Some executives have sued, but these have largely been unsuccessful. Go to Source

Published November 11, 2024
Categorized as Automotive, German Press Tagged VW

German Handelsblatt: Software subsidiary Cariad: He was supposed to develop the electric car of the future for VW – now he is about to leave010072

Sanjay Lal was supposed to lead the most important VW software project. Now his unit is likely to be incorporated into a joint venture with US competitor Rivian. What’s next for the former bearer of hope? Go to Source

Published November 11, 2024
Categorized as Automotive, German Press Tagged Electric vehicles, M and A, VW

German Handelsblatt: Volkswagen: VW managers fail with lawsuits against austerity measures010071

Managers at VW should also forego bonuses and wage increases. Some executives have sued, but these have largely been unsuccessful. Go to Source

Published November 11, 2024
Categorized as Automotive, German Press Tagged VW

German Handelsblatt: Volkswagen: IG Metall boss demands wage cuts from VW management010070

Volkswagen wants to close plants, cut tens of thousands of jobs and implement wage cuts of ten percent. If the IG Metall boss has her way, the board should set a good example. Go to Source

Published November 11, 2024
Categorized as Automotive, German Press Tagged People, VW

German Handelsblatt: Auto supplier: Continental increases profits – and lowers forecast for industrial division ContiTech010069

The Hanover-based supplier’s sales fell by four percent, but profits rose by a good third. The industrial division’s profit expectations were revised downwards. Go to Source

Published November 11, 2024
Categorized as Automotive, German Press Tagged Financial Results, Production/Sales News, Tier 1 Suppliers

German Handelsblatt: Auto supplier: Continental increases profits – and lowers forecast for industrial division ContiTech010068

The Hanover-based supplier’s sales fell by four percent, but profits rose by a good third. The industrial division’s profit expectations were revised downwards. Go to Source

Published November 11, 2024
Categorized as Automotive, German Press Tagged Financial Results, Production/Sales News, Tier 1 Suppliers

German Handelsblatt: Auto supplier: Continental increases profits – and lowers forecast for industrial division ContiTech010067

The Hanover-based supplier’s sales fell by four percent, but profits rose by a good third. The industrial division’s profit expectations were revised downwards. Go to Source

Published November 11, 2024
Categorized as Automotive, German Press Tagged Financial Results, Production/Sales News, Tier 1 Suppliers

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