German Handelsblatt: Auto industry: Investment in Spartanburg billions – BMW is converting the US plant electrically005442

BMW production in Spartanburg, South Carolina So far, the US plant has only installed batteries in hybrid models. Pure electric cars will soon roll off the assembly line. Johannes Zirngibl speaks plain language. “There has never been such a change at BMW,” says the assembly manager in Spartanburg, South Carolina, the largest plant of the… Continue reading German Handelsblatt: Auto industry: Investment in Spartanburg billions – BMW is converting the US plant electrically005442

German Handelsblatt: Electromobility: Race for the best car battery: Porsche is building the “smallest gigafactory in the world”005440

Der Porsche AG geht es gut. Der jüngst erfolgte Börsengang ist gelungen, nach einem durchwachsenen ersten Halbjahr befindet sich der Sportwagenbauer geschäftlich wieder im Aufwärtstrend. Porsche geht es sogar so gut, dass die Beschäftigten bis zu 3000 Euro Prämie im Nachgang des IPO erhalten sollen. Und auch für Investitionen ist Geld da: Die Zuffenhausener weiten… Continue reading German Handelsblatt: Electromobility: Race for the best car battery: Porsche is building the “smallest gigafactory in the world”005440

German Handelsblatt: Electromobility: Race for the best car battery: Porsche is building the “smallest gigafactory in the world”005439

Der Porsche AG geht es gut. Der jüngst erfolgte Börsengang ist gelungen, nach einem durchwachsenen ersten Halbjahr befindet sich der Sportwagenbauer geschäftlich wieder im Aufwärtstrend. Porsche geht es sogar so gut, dass die Beschäftigten bis zu 3000 Euro Prämie im Nachgang des IPO erhalten sollen. Und auch für Investitionen ist Geld da: Die Zuffenhausener weiten… Continue reading German Handelsblatt: Electromobility: Race for the best car battery: Porsche is building the “smallest gigafactory in the world”005439

German Handelsblatt: Drive turnaround: Tesla is leaving VW behind as the market leader in e-cars in Germany005437

Tesla factory in Grünheide With overall sales falling, the proportion of cars with alternative drive systems rose by eleven to 45 percent in Germany by the end of September. (Photo: via REUTERS) The US carmaker Tesla has left Volkswagen as the market leader for electric cars in Germany. From January to September, Tesla sold 38,458… Continue reading German Handelsblatt: Drive turnaround: Tesla is leaving VW behind as the market leader in e-cars in Germany005437

German Handelsblatt: Car manufacturer: Mercedes wants to produce half of its electricity itself with wind turbines and solar systems005435

Mercedes-Chef Ola Källenius In Deutschland will der Autobauer schon bald bis zur Hälfte der genutzten Elektrizität gemeinsam mit Partnern mithilfe von Windrädern und Solaranlagen erzeugen. (Foto: dpa) Der Autobauer Mercedes-Benz will seinen Strombedarf künftig möglichst autark aus erneuerbaren Quellen speisen. „Wir werden uns in den nächsten Jahren komplett unabhängig machen von fossilen Energien, das gilt für… Continue reading German Handelsblatt: Car manufacturer: Mercedes wants to produce half of its electricity itself with wind turbines and solar systems005435

German Handelsblatt: Car manufacturer: Mercedes wants to produce half of its electricity itself with wind turbines and solar systems005434

Mercedes-Chef Ola Källenius In Deutschland will der Autobauer schon bald bis zur Hälfte der genutzten Elektrizität gemeinsam mit Partnern mithilfe von Windrädern und Solaranlagen erzeugen. (Foto: dpa) Der Autobauer Mercedes-Benz will seinen Strombedarf künftig möglichst autark aus erneuerbaren Quellen speisen. „Wir werden uns in den nächsten Jahren komplett unabhängig machen von fossilen Energien, das gilt für… Continue reading German Handelsblatt: Car manufacturer: Mercedes wants to produce half of its electricity itself with wind turbines and solar systems005434

German Handelsblatt: Car manufacturer: Mercedes wants to produce half of its electricity itself with wind turbines and solar panels005432

Mercedes-Chef Ola Källenius In Deutschland will der Autobauer schon bald bis zur Hälfte der genutzten Elektrizität gemeinsam mit Partnern mithilfe von Windrädern und Solaranlagen erzeugen. (Foto: dpa) Der Autobauer Mercedes-Benz will seinen Strombedarf künftig möglichst autark aus erneuerbaren Quellen speisen. „Wir werden uns in den nächsten Jahren komplett unabhängig machen von fossilen Energien, das gilt für… Continue reading German Handelsblatt: Car manufacturer: Mercedes wants to produce half of its electricity itself with wind turbines and solar panels005432

German Handelsblatt: Auto industry: VW pays a special dividend of 19.06 euros after the Porsche IPO005429

Volkswagen and Porsche Volkswagen will pay out a total of 9.55 billion euros to shareholders. (Photo: dpa) Rain of money for the Volkswagen shareholders: At the beginning of January, the Wolfsburg-based car manufacturer distributed an additional 9.55 billion euros to its shareholders, above all to the Porsche and Piech families. VW is proposing a special… Continue reading German Handelsblatt: Auto industry: VW pays a special dividend of 19.06 euros after the Porsche IPO005429

German Handelsblatt: Automotive supplier: Allegation of control failure at Continental: Shareholder representatives demand the replacement of Wolfgang Reitzle005428

In view of new compliance violations at Continental, criticism of the Executive Board and Supervisory Board is growing both inside and outside the company. According to information from the Handelsblatt, the control mechanisms are being questioned in corporate circles. Shareholder protectors are already demanding that Chief Inspector Wolfgang Reitzle be replaced. “We believe that there… Continue reading German Handelsblatt: Automotive supplier: Allegation of control failure at Continental: Shareholder representatives demand the replacement of Wolfgang Reitzle005428

German Handelsblatt: Car manufacturer: Porsche employees receive a bonus of up to 3000 euros after the IPO005426

Porsche AG The carmaker’s IPO was the largest German IPO since Telekom in 1996. (Photo: dpa) Employees of Porsche AG benefit from the IPO with up to 3000 euros. A company spokesman confirmed the amount of the premium on Monday. “Stuttgarter Zeitung” and “Stuttgarter Nachrichten” had previously reported. The cost of such a bonus for… Continue reading German Handelsblatt: Car manufacturer: Porsche employees receive a bonus of up to 3000 euros after the IPO005426