Competition for the Tesla Model X At the Geneva Motor Show, Porsche CEO Oliver Blume shows the Porsche Mission E Cross Turismo. An electric SUV designed to challenge Tesla. (Photo: AP) Sports car manufacturer Porsche is burdened with high investments in electromobility. For the current year is the most profitable brand of the VWGroup carefully.… Continue reading Mission E: The Tesla Hunter will be expensive for Porsche
Author: Handelsblatt in German Online News
Annual figures: BMW makes record profit – and benefits from Trump’s tax reform
BMW boss Harald Krüger Satisfied in Geneva: BMW can present a new record profit. (Photo: AP) BMW Thanks to the US tax reform, the net profit has increased significantly. The surplus climbed in 2017 to 8.7 billion euros, which is 26 percent more than in the previous year, as the Munich car maker announced on… Continue reading Annual figures: BMW makes record profit – and benefits from Trump’s tax reform
660,000 electric cars by 2025: BMW partner Great Wall invests heavily in electromobility
Everything electric With the brand Haval Great Wall is already the largest SUV provider in China. Now also the electric market is to be conquered. (Photo: Reuters) The Chinese car manufacturer Great Wall wants to more than double its annual sales by 2025 to two million vehicles. About a third of these would be electric… Continue reading 660,000 electric cars by 2025: BMW partner Great Wall invests heavily in electromobility
Cars on subscription: Daimler launches Mercedes flat rate in Germany
Subscription S-Class Mercedes experiments in Germany with subscription models. (Photo: AP) Porsche and Cadillac are already testing it in the USA: the car subscription. Now a German car maker is moving in Germany. Daimler is offering its customers a flat rate for premium vehicles under the name “Mercedes Me Flexperience”. In the future, car enthusiasts… Continue reading Cars on subscription: Daimler launches Mercedes flat rate in Germany
Andreas Renschler: The man who is to bring the VW lorry division on the stock market
Michael Lohschneller: Opel boss explains his savings plan – “It can not go on like this”
RüsselsheimThe goal that PSA has spent on the German brand is clear: By 2020 at the latest Opel make a profit again. The French do not want to reveal how high the losses of the German brand were in the past financial year. “We have no figures on a full-year basis,” said PSA CFO Jean-Baptiste… Continue reading Michael Lohschneller: Opel boss explains his savings plan – “It can not go on like this”
Group restructuring: PSA boss Carlos Tavares prepares Opel for tough decisions
PSA boss Carlos Tavares “We do not dictate, we do not give guidance, I just ask questions – sometimes meaningful, sometimes stupid.” (Photo: Reuters) ParisCarlos Tavares is known as a tough guy. On Thursday at the annual press conference, the head of the auto company PSA (Peugeot, Citroën, Opel) gave even more unforgiving: “We must… Continue reading Group restructuring: PSA boss Carlos Tavares prepares Opel for tough decisions
FAW-Volkswagen: VW joint venture recalls more than 430,000 cars
Volkswagen For the troubled company from Wolfsburg, there is now even more trouble in China. (Photo: AP) Because of a problem with the dashboard, the joint venture calls VW According to authorities, in China around 430,000 cars are returned. As the State Quality Supervision announced on Wednesday, the vehicles from FAW-Volkswagen to be ordered from… Continue reading FAW-Volkswagen: VW joint venture recalls more than 430,000 cars
“Mission E”: This is how Porsche uses the blockchain in the new electric car
It will be for Porsche not easy to transfer the myth of the sports car brand into the digital world. Next year, the Zuffenhausen companies will launch their first electric racer, the “Mission E”. Many of the digital gadgets will be perfected for Mission E until then. Porsche is making considerable efforts for digitization. “We… Continue reading “Mission E”: This is how Porsche uses the blockchain in the new electric car
Macan, Cayenne and Co .: How it comes to Porsche for creeping diesel off
DusseldorfPorsche is having a hard time with the diesel. As chief executive Oliver flower Last summer in Stuttgart presented the latest version of the SUV Cayenne, there was no clarity about a possible diesel variant. “We have not yet decided whether the new Cayenne will get a diesel engine,” said Blume at the time.