German Handelsblatt: Automotive supplier: Schaeffler continues to benefit from good spare parts business – industrial division is weak007394

Schaeffler The industry is currently under pressure from several sides. (Photo: IMAGO/Lutz Winkler) The automotive supplier Schaeffler has slightly raised its profit forecast for the current year, mainly thanks to a strong spare parts business. “The second half of the year is likely to be challenging for our business,” said CEO Klaus Rosenfeld on Wednesday.… Continue reading German Handelsblatt: Automotive supplier: Schaeffler continues to benefit from good spare parts business – industrial division is weak007394

German Handelsblatt: Digital road maps: Audi, BMW and Mercedes pump hundreds of millions into loss-making map service Here007391

Maps for autonomous driving Measuring the world with millimeter precision is an expensive undertaking. (Photo: Corbis/Getty Images) High-resolution road maps are regarded as a key component so that one day cars will be able to handle city traffic completely autonomously. The German premium car manufacturers Audi, BMW and Mercedes-Benz therefore bought a majority stake in… Continue reading German Handelsblatt: Digital road maps: Audi, BMW and Mercedes pump hundreds of millions into loss-making map service Here007391

German Handelsblatt: Digital road maps: Audi, BMW and Mercedes pump hundreds of millions into loss-making map service Here007391

Maps for autonomous driving Measuring the world with millimeter precision is an expensive undertaking. (Photo: Corbis/Getty Images) High-resolution road maps are regarded as a key component so that one day cars will be able to handle city traffic completely autonomously. The German premium car manufacturers Audi, BMW and Mercedes-Benz therefore bought a majority stake in… Continue reading German Handelsblatt: Digital road maps: Audi, BMW and Mercedes pump hundreds of millions into loss-making map service Here007391

German Handelsblatt: Digital road maps: Audi, BMW and Mercedes pump hundreds of millions into loss-making map service Here007391

Maps for autonomous driving Measuring the world with millimeter precision is an expensive undertaking. (Photo: Corbis/Getty Images) High-resolution road maps are regarded as a key component so that one day cars will be able to handle city traffic completely autonomously. The German premium car manufacturers Audi, BMW and Mercedes-Benz therefore bought a majority stake in… Continue reading German Handelsblatt: Digital road maps: Audi, BMW and Mercedes pump hundreds of millions into loss-making map service Here007391

German Handelsblatt: Auto industry: BMW is more optimistic about the year as a whole after sales growth – share falls007390

Start of production of the all-electric BMW i5 Milan Nedeljkovic, Production Director at BMW, shows the all-electric BMW i5. (Photo: dpa) Full order books and higher prices mean that BMW is raising its annual forecast for 2023. A return of nine to 10.5 percent can now be expected in the car business, as the company… Continue reading German Handelsblatt: Auto industry: BMW is more optimistic about the year as a whole after sales growth – share falls007390

German Handelsblatt: E-cars: Exxon Mobil talks to VW and Co. about lithium deliveries007388

E-car production at Volkswagen in Zwickau Talks between the automaker and Exxon are said to be just beginning. (Photo: dpa) According to a media report, the US oil company Exxon Mobil is in talks with Volkswagen and other car manufacturers about the delivery of lithium. Negotiations are still at an early stage, Bloomberg reported on… Continue reading German Handelsblatt: E-cars: Exxon Mobil talks to VW and Co. about lithium deliveries007388

German Handelsblatt: E-cars: Exxon Mobil talks to VW and Co. about lithium deliveries007388

E-car production at Volkswagen in Zwickau Talks between the automaker and Exxon are said to be just beginning. (Photo: dpa) According to a media report, the US oil company Exxon Mobil is in talks with Volkswagen and other car manufacturers about the delivery of lithium. Negotiations are still at an early stage, Bloomberg reported on… Continue reading German Handelsblatt: E-cars: Exxon Mobil talks to VW and Co. about lithium deliveries007388

German Handelsblatt: Dax current: Dax loses more than 150 points – investors throw BMW shares out of their depots007386

The leading German index started the new stock market month weakly. In the afternoon, the Dax was at 16,292 points, around 0.9 percent or the equivalent of 154 points below the closing level on the previous day. The stock market barometer is still close to its record high, which the index reached on Monday at… Continue reading German Handelsblatt: Dax current: Dax loses more than 150 points – investors throw BMW shares out of their depots007386

German Handelsblatt: Dax current: Dax loses more than 150 points – investors throw BMW shares out of their depots007386

The leading German index started the new stock market month weakly. In the afternoon, the Dax was at 16,292 points, around 0.9 percent or the equivalent of 154 points below the closing level on the previous day. The stock market barometer is still close to its record high, which the index reached on Monday at… Continue reading German Handelsblatt: Dax current: Dax loses more than 150 points – investors throw BMW shares out of their depots007386

German Handelsblatt: E-mobility: Exxon Mobil is apparently talking to VW about lithium deliveries007384

E-car production at Volkswagen in Zwickau Talks between the automaker and Exxon are said to be just beginning. (Photo: dpa) According to a media report, the US oil company Exxon Mobil is in talks with Volkswagen and other car manufacturers about the delivery of lithium. Negotiations are still at an early stage, Bloomberg reported on… Continue reading German Handelsblatt: E-mobility: Exxon Mobil is apparently talking to VW about lithium deliveries007384