After VW and BMW, Mercedes is now also in crisis. In its passenger car division, the group expects a return of at best 8.5 instead of eleven percent in 2024. A bunch of problems are to blame. Go to Source
Author: Handelsblatt in German Online News
German Handelsblatt: Business: Mercedes-Benz has to cut its forecast009685
The Chinese business for luxury cars is weakening due to the slowing economic performance in the country. The car manufacturer is now expecting a significantly lower profit for the year as a whole. Go to Source
German Handelsblatt: Volkswagen: “This number has no basis whatsoever” – VW counters reports of severe job cuts009684
How drastic will the VW austerity program be? Volkswagen and the works council deny specific figures. The company and the employees want to negotiate next week. Go to Source
German Handelsblatt: Auto industry: Criticism of human rights report on the VW plant in Xinjiang009683
With a report from the VW factory in the Uyghur province of Xinjiang, the company wanted to dispel concerns about the situation there. But there are said to have been major deficiencies. Go to Source
German Handelsblatt: Volkswagen: “This number has no basis whatsoever” – VW counters reports of severe job cuts009682
How drastic will the VW austerity program be? Volkswagen and the works council deny specific figures. The company and the employees want to negotiate next week. Go to Source
German Handelsblatt: MMA: This is how Mercedes wants to build the “one-liter car of the electric age”009681
The CLA, the first Mercedes based on the MMA platform, is scheduled to be built this year. Five more models are to follow. Not all of them are completely electric. Go to Source
German Handelsblatt: Kia EV3: This Korean makes the VW ID.3 look old009680
With a new model, Kia is now also competing in the electric compact class. The EV3 not only offers more range than its competitor – it is also way ahead when it comes to software. Go to Source
German Handelsblatt: Electric sports car: This is how the Audi E-Tron GT is supposed to stand up to the Porsche Taycan009679
Although both share a base, the Porsche Taycan has so far been more successful than the Audi E-Tron GT. That’s why the people of Ingolstadt are working on it. What worked and what didn’t. Go to Source
German Handelsblatt: Electric sports car: This is how the Audi E-Tron GT is supposed to stand up to the Porsche Taycan009678
Although both share a base, the Porsche Taycan has so far been more successful than the Audi E-Tron GT. That’s why the people of Ingolstadt are working on it. What worked and what didn’t. Go to Source
German Handelsblatt: Auto industry: VW and SAIC apparently want to close the plant in China009677
Sales of combustion engines in China have recently collapsed. That’s why, according to a media report, Volkswagen could now give up a Chinese joint venture with SAIC. Go to Source