Auto parts supplier: Around 46 million euros from NHG are frozen due to VW reclamation

Volkswagen Golf The freezing of funds to ensure that VW may still be able to enforce recoveries against the Neue Halberg casting, said a court spokeswoman. (Photo: Reuters) BrunswickVolkswagen has won a stage victory in the dispute with the supplier Neue Halberg Guss (NHG): Around 46 million euros assets of the automotive supplier from Saarbrücken… Continue reading Auto parts supplier: Around 46 million euros from NHG are frozen due to VW reclamation

Outdated top model: Big muzzle and what’s behind – that’s the new BMW 7 Series

BMW 7 Series – The grill giant The kidney at the front was again increased significantly. CologneThe luxury model 7er certainly does not lack charisma, but the designers of BMW have yet discovered potential for a bit more presence: From the beginning of March, the flagship of Munich with a magnified by 40 percent grille… Continue reading Outdated top model: Big muzzle and what’s behind – that’s the new BMW 7 Series

Evelozcity boss Neumann: Ex-Opel boss on the cause Habeck: “Retreat from social media is not a solution”

Karl-Thomas Neumann The former Opel boss also had reservations about using Twitter. But: “What I experienced was above all positive,” he says today. (Photo: evelozity) DusseldorfIn Los Angeles people know many celebrities. Robert Habeck is not one of them. Nevertheless, Karl-Thomas Neumann has pursued in his new adopted home the German debate about the Green… Continue reading Evelozcity boss Neumann: Ex-Opel boss on the cause Habeck: “Retreat from social media is not a solution”

Continental: Powertrain boss Andreas Wolf has to woo investors in difficult times

Duesseldorf Andreas Wolf could be quite satisfied. The 58-year-old is the boss of a new large company, which has about 40,000 employees and is represented worldwide. The outsourced powertrain division of the ContinentalGroup should intensively deal with electric drives in the future, so it is also promising for the future. An IPO, in which the… Continue reading Continental: Powertrain boss Andreas Wolf has to woo investors in difficult times

SK Gaming: Daimler expands partnership in e-sports

League of Legends competition Video games are no longer just a pastime. Professional competitions now fill arenas. (Photo: AP) StuttgartThe carmaker Daimler is expanding its involvement in the e-sports business. The group participates in the e-sports specialist SK Gaming, as Daimler announced on Tuesday. E-sports are when video players compete against each other on consoles… Continue reading SK Gaming: Daimler expands partnership in e-sports

Alliance of car manufacturers: The cooperation between VW and Ford is only the beginning in the auto industry

Düsseldorf, MunichGeneral pick-ups in the United States and in Europe, a possible cooperation in electric cars and autonomous driving. Volkswagen and ford, two heavyweights in the global auto industry are joining forces. Because digitization and electrification are devouring billions of development costs, they want to the German and the American automaker team up, The cooperation… Continue reading Alliance of car manufacturers: The cooperation between VW and Ford is only the beginning in the auto industry

Alliance of VW and Ford: The auto industry is driven to new alliances

Düsseldorf, MunichGeneral pick-ups in the United States and in Europe, a possible cooperation in electric cars and autonomous driving. Volkswagen and ford, two heavyweights in the global auto industry are joining forces. Because digitization and electrification are devouring billions of development costs, they want to the German and the American automaker team up, The cooperation… Continue reading Alliance of VW and Ford: The auto industry is driven to new alliances

Detroit Auto Show: Transatlantic Cooperation – So VW and Ford want to work together in the future

Herbert Diess (left) and Jim Hackett The bosses of VW and Ford confirmed their alliance on Tuesday in Detroit. (Photo: AP) DüsseldorfThe automobile companies Volkswagen and ford start with their global alliance, about which both companies had negotiated since the middle of last year. The two companies definitely want to jointly produce vans, pick-ups and… Continue reading Detroit Auto Show: Transatlantic Cooperation – So VW and Ford want to work together in the future

Suspected subsidy fraud: Justice is investigating against VW employees

VW In the opinion of the prosecutor, the criminal offense of subsidy fraud at VW is out of the question. (Photo: AP) BraunschweigThe German judiciary has investigated VW hired for possible fraud on EU funds in the millions. The case against employees of VolkswagenCorporation for subsidy fraud had been set for lack of sufficient suspicion,… Continue reading Suspected subsidy fraud: Justice is investigating against VW employees

Auto parts supplier: “The party is over” – Continental management expects falling margins

Continental AG Automotive supplier Continental expects shrinking margins. (Photo: AP) DüsseldorfWith extreme caution, the auto parts supplier Continental into the just started year. Because of the worldwide Slowdown in car sales The Hanover-based company now calculates a further decline in operating return on sales (EBIT margin, adjusted). In 2019, the yield is expected to be… Continue reading Auto parts supplier: “The party is over” – Continental management expects falling margins