Mercedes Star Daimler’s loss in the second quarter was lower than expected. (Photo: Reuters) Stuttgart The Car maker Daimler In the second quarter, it performed better on some indicators than it expected from experts. Earnings before interest and taxes (EBIT) across the group were minus 1.68 billion euros. Adjusted EBIT therefore came to minus 708… Continue reading Car maker: Daimler’s quarterly loss is lower than expected
Author: Handelsblatt in German Online News
Diesel scandal: Ex-VW manager Schmidt agrees to deliver to Germany
VW logo The United States has indicted a number of former Volkswagen employees in the diesel scandal. (Photo: dpa) Detroit in the process of extradition because of his role in the diesel scandal in the United States convicted and detained Ex-Volkswagen manager Oliver Schmidt to Germany comes movement. Schmidt gave his consent at a court… Continue reading Diesel scandal: Ex-VW manager Schmidt agrees to deliver to Germany
Car maker: Restructuring with obstacles: How Daimler boss Källenius wants to get the group on track
Daimler boss Ola Källenius The manager sees the future of the group in the luxury sector. (Photo: Smetek) Champagne, diamond rings and cases made of precious leather – luxury products are particularly important at Daimler. When CEO Ola Källenius speaks to top managers about the future of the car company these days, the name keeps… Continue reading Car maker: Restructuring with obstacles: How Daimler boss Källenius wants to get the group on track
Interview with Ola Källenius: Daimler boss focuses Mercedes on luxury cars again
Ola Källenius In office since May 2019 – but only now is he tightening the austerity course. (Photo: Verena Müller / laif) Munich, Frankfurt In the middle of the corona crisis sharpens Daimler-Boss Ola Källenius his Strategy and trims the automaker for return. “We want to go back to our core as a manufacturer of… Continue reading Interview with Ola Källenius: Daimler boss focuses Mercedes on luxury cars again
Auto industry: Volkswagen and Brose cooperate on car seats
Michael Stoschek Brose owner Michael Stoschek is confident that the joint venture will play a leading role in the market. (Photo: dpa) Munich The approximately 5000 employees of the VWSubsidiary Sitech get a new owner. Explained on Monday Volkswagen and the Franconian automotive supplier Brose want to set up a joint venture to produce car… Continue reading Auto industry: Volkswagen and Brose cooperate on car seats
Auto industry: false start with VW’s own auto software: top manager has to vacate his position
Christian Senger A new task is being sought for the manager. (Photo: Volkswagen AG) Frankfurt, Munich In the ranks of Volkswagen Christian Senger is one of the most capable minds. The graduate engineer led the development of the ID electrical series for the car manufacturer Volkswagen wants to create entry into electromobility. The pace at… Continue reading Auto industry: false start with VW’s own auto software: top manager has to vacate his position
Car maker: Opel temporarily transfers German employees to French PSA plants
Opel production in Germany So far, little more than a dozen volunteers have signed up for the temporary transfer. (Photo: dpa) Munich The car maker Opel wants to “temporarily move up to 150 German production employees to French plants”, as stated in a circular of the works council called. According to the leaflet available in… Continue reading Car maker: Opel temporarily transfers German employees to French PSA plants
Volkswagen: Skoda boss Bernhard Maier has to go
Bernhard Maier The contract of the head of the VW subsidiary Skoda expires soon. Volkswagen apparently wants to use this opportunity to force the 60-year-old out of the company. (Photo: AFP / Getty Images) Frankfurt After almost five years at the helm of Skoda should end for Bernhard Maier. He will Post as CEO of… Continue reading Volkswagen: Skoda boss Bernhard Maier has to go
Balance sheet check: Daimler’s structural weaknesses take revenge in the corona crisis
Daimler headquarters in Stuttgart The brand’s wholesale sales slumped by more than a fifth in the first five months of 2020. (Photo: Imago) Munich Daimler is not that Lufthansa. Neither does the carmaker foreseeably fly out of the Leading index Dax, As a result of the corona pandemic, the Swabians still urgently need help from… Continue reading Balance sheet check: Daimler’s structural weaknesses take revenge in the corona crisis
Electromobility: The VW plant in Emden is becoming electric
VW plant in Emden Volkswagen has started retrofitting the factory. The production of electric cars begins in two years. (Photo: dpa) Düsseldorf almost two years ago Volkswagen Made the start in Zwickau, Saxony: The Wolfsburg-based car group is investing a good one billion euros there to convert its own plant to the exclusive production of… Continue reading Electromobility: The VW plant in Emden is becoming electric