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Author: Handelsblatt in German Online News

German Handelsblatt: Damages: Million-dollar lawsuit against VW companies after the Felicity Ace008639 accident

A fire led to the sinking of a freighter carrying almost 4,000 cars two years ago. Owners and insurance companies now want money from Porsche, among other things – they suspect batteries are the cause. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged Electric vehicles, VW

German Handelsblatt: Car manufacturer: VW board members are prepared to make minimal remuneration cuts008639

The car manufacturer has to save billions. As a sign of solidarity, the company’s top management forgoes a small portion of their compensation – for a limited time. That causes discussions. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged VW

German Handelsblatt: Damages: Million-dollar lawsuit against VW companies after the Felicity Ace008638 accident

A fire led to the sinking of a freighter carrying almost 4,000 cars two years ago. Owners and insurance companies now want money from Porsche, among other things – they suspect batteries are the cause. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged Electric vehicles, VW

German Handelsblatt: Car supplier: Continental is making money again in the car business and is increasing its dividend008637

The supplier generated more sales and profits in the past financial year. The restructuring of the car division is showing initial success. But the shares are falling. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged People, Production/Sales News, Tier 1 Suppliers

German Handelsblatt: Auto suppliers: “The old business model is coming under increasing pressure” – tech companies are relying on Bosch, ZF and Conti008636

The largest German auto suppliers lack blockbuster innovations. They are being increasingly pushed out in the future fields with the highest margins – with dramatic financial consequences. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged Tier 1 Suppliers

German Handelsblatt: Car manufacturer: VW cancels ID.3 production in Wolfsburg008634

The car was to be the first electric model to be manufactured at the main factory in Wolfsburg. Now Volkswagen has announced that it will continue to build the ID.3 exclusively in Saxony. The demand is too low. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged Manufacturing, Production/Sales News, VW

German Handelsblatt: Car manufacturer: VW cancels ID.3 production in Wolfsburg008634

The car was to be the first electric model to be manufactured at the main factory in Wolfsburg. Now Volkswagen has announced that it will continue to build the ID.3 exclusively in Saxony. The demand is too low. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged Manufacturing, Production/Sales News, VW

German Handelsblatt: Car manufacturer: VW cancels ID.3 production in Wolfsburg008632

The car was to be the first electric model to be manufactured at the main factory in Wolfsburg. Now Volkswagen has announced that it will continue to build the ID.3 exclusively in Saxony. The demand is too low. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged Manufacturing, Production/Sales News, VW

German Handelsblatt: Car manufacturer: VW cancels ID.3 production in Wolfsburg008632

The car was to be the first electric model to be manufactured at the main factory in Wolfsburg. Now Volkswagen has announced that it will continue to build the ID.3 exclusively in Saxony. The demand is too low. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged Manufacturing, Production/Sales News, VW

German Handelsblatt: BMW, Mercedes, Tesla: Slump at VW and Tesla, BMW and Mercedes are defying the trend – these are the most popular electric cars 2024008631

The end of the purchase premium is clearly noticeable in new electric registrations in February. The Tesla Model 3 slips out of the top ten, a Chinese model climbs up for the first time. Go to Source

Published March 8, 2024
Categorized as Automotive, German Press Tagged BMW, Daimler, Electric vehicles, Production/Sales News, Tesla, VW

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