German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004880

Aldi, BASF, Volkswagen China remains the “place to be”. (Photos: BASF, Aldi-Süd, Bloomberg) Regardless of the growing risks, German companies continue to invest heavily in China. According to the Chinese Ministry of Commerce, investments rose by 21 percent in the first five months of the year compared to the same period last year. The most… Continue reading German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004880

German Handelsblatt: Numbers after the second quarter: Volkswagen sees improvement in chip supply – The second half of the year should be significantly stronger004882

Production of the ID.4 at VW in Zwickau The mass brands Volkswagen passenger cars, Skoda and Seat have recently been exposed to severe production restrictions due to the chip crisis. (Photo: dpa) Volkswagen is entering the second part of the year with more optimism. “The group expects the product mix to normalize as the semiconductor… Continue reading German Handelsblatt: Numbers after the second quarter: Volkswagen sees improvement in chip supply – The second half of the year should be significantly stronger004882

German Handelsblatt: Commercial vehicle manufacturer: VW subsidiary Traton is struggling with delivery bottlenecks and high costs004881

A truck from the VW truck subsidiary In addition to MAN, the brands Scania, Navistar, VWCO and Rio also belong to Traton. (Photo: dpa) The Volkswagen commercial vehicle holding company Traton is under pressure due to supply bottlenecks and higher procurement prices. Despite an increase in sales of almost a third to 18 billion euros… Continue reading German Handelsblatt: Commercial vehicle manufacturer: VW subsidiary Traton is struggling with delivery bottlenecks and high costs004881

German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004880

Audi assembly in Ingolstadt Audi plans radical conversion. (Photo: Audi) The Volkswagen subsidiary Audi wants to halve factory costs in the coming years. “Having production costs in half means halving the hours per vehicle,” said Audi Board Member for Production Gerd Walker in Ingolstadt. In addition, the two large German Audi plants in Ingolstadt and… Continue reading German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004880

German Handelsblatt: Quarterly report: Volkswagen sees improvement in the semiconductor situation – The second half of the year should be significantly better004877

Production of the ID.4 at VW in Zwickau The mass brands Volkswagen passenger cars, Skoda and Seat have recently been exposed to severe production restrictions due to the chip crisis. (Photo: dpa) Volkswagen is entering the second part of the year with more optimism. “The group expects the product mix to normalize as the semiconductor… Continue reading German Handelsblatt: Quarterly report: Volkswagen sees improvement in the semiconductor situation – The second half of the year should be significantly better004877

German Handelsblatt: Commercial vehicle manufacturer: VW subsidiary Traton is struggling with delivery bottlenecks and high costs004875

A truck from the VW truck subsidiary In addition to MAN, the brands Scania, Navistar, VWCO and Rio also belong to Traton. (Photo: dpa) The Volkswagen commercial vehicle holding company Traton is under pressure due to supply bottlenecks and higher procurement prices. Despite an increase in sales of almost a third to 18 billion euros… Continue reading German Handelsblatt: Commercial vehicle manufacturer: VW subsidiary Traton is struggling with delivery bottlenecks and high costs004875

German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004873

Audi assembly in Ingolstadt Audi plans radical conversion. (Photo: Audi) The Volkswagen subsidiary Audi wants to halve factory costs in the coming years. “Having production costs in half means halving the hours per vehicle,” said Audi Board Member for Production Gerd Walker in Ingolstadt. In addition, the two large German Audi plants in Ingolstadt and… Continue reading German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004873

German Handelsblatt: Change of boss at Volkswagen: Herbert Diess refrains from presenting the half-year balance sheet004869

Herbert Diess Der scheidende VW-Konzernchef ist offiziell noch bis zum 31. August im Amt, verzichtet aber auf die Teilnahme an der aktuellen Bilanzvorlage. (Foto: Reuters) An diesem Donnerstag legt der VW-Konzern seine Halbjahreszahlen vor. Da wäre die Teilnahme des amtierenden Vorstandsvorsitzenden an der Bilanzpräsentation eine Selbstverständlichkeit. Doch in Wolfsburg ist derzeit nichts mehr normal nach dem… Continue reading German Handelsblatt: Change of boss at Volkswagen: Herbert Diess refrains from presenting the half-year balance sheet004869

German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004868

Volkswagen in China China plays an important role for the German car company. (Photo: dpa) Regardless of the growing risks, German companies continue to invest heavily in China. According to the Chinese Ministry of Commerce, investments rose by 21 percent in the first five months of the year compared to the same period last year.… Continue reading German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004868

German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004865

Audi assembly in Ingolstadt Audi plans radical conversion. (Photo: Audi) The Volkswagen subsidiary Audi wants to halve factory costs in the coming years. “Having production costs in half means halving the hours per vehicle,” said Audi Board Member for Production Gerd Walker in Ingolstadt. In addition, the two large German Audi plants in Ingolstadt and… Continue reading German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004865