German Handelsblatt: Automotive and industrial suppliers: For more than half a billion euros: Schaeffler takes over drive specialist Ewellix004850

Headquarters of Schaeffler AG The company from Herzogenaurach is investing 582 million euros in the drive specialist Ewellix. (Photo: dpa) The automotive and industrial supplier Schaeffler is taking over the drive specialist Ewellix for well over half a billion euros. This will strengthen the group’s industrial business, Schaeffler announced on Sunday in Herzogenaurach. A price… Continue reading German Handelsblatt: Automotive and industrial suppliers: For more than half a billion euros: Schaeffler takes over drive specialist Ewellix004850

German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: What the new VW boss has to tackle now004849

Cariad Volkswagen’s software unit was overwhelmed with too many tasks. (Photo: dpa) When Herbert Diess officially hands over the top post at Volkswagen to Oliver Blume at the end of August, he will be leaving his successor a company in the midst of upheaval. Although the 63-year-old initiated the transformation towards electromobility and the development… Continue reading German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: What the new VW boss has to tackle now004849

German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004847

Cariad Volkswagen’s software unit was overwhelmed with too many tasks. (Photo: dpa) When Herbert Diess officially hands over the top post at Volkswagen to Oliver Blume at the end of August, he will be leaving his successor a company in the midst of upheaval. Although the 63-year-old initiated the transformation towards electromobility and the development… Continue reading German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004847

German Handelsblatt: Volkswagen: The chronology of the expulsion: How the replacement of VW boss Diess came about004845

Herbert Diess The replacement of Herbert Diess as VW boss was announced on Friday. Years of power struggles followed. (Photo: Reuters) The news last Thursday came as a complete surprise to Volkswagen boss Herbert Diess. The head of the supervisory board, Hans Dieter Pötsch, had asked for an interview at short notice for lunchtime, and… Continue reading German Handelsblatt: Volkswagen: The chronology of the expulsion: How the replacement of VW boss Diess came about004845

German Handelsblatt: Car manufacturer: A visionary who failed in the implementation – the balance sheet of VW boss Diess004841

Herbert Diess presented the VW ID.3 in 2019 Diess recognized the future of electrified drives early on. (Photo: AP) It actually looked like Herbert Diess would fulfill his three-year contract as VW boss. He was the favorite of the financial markets. In investor circles, he was considered the one who initiated the transformation with electromobility… Continue reading German Handelsblatt: Car manufacturer: A visionary who failed in the implementation – the balance sheet of VW boss Diess004841

German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004840

Oliver Blume Volkswagen and Porsche say that the double solution is not only temporary until the IPO, but permanently. (Photo: imago images / Patrick Scheiber) The announced change in the management of the Volkswagen Group is viewed with skepticism among investors and in financial circles. The Wolfsburg-based car manufacturer is parting ways with CEO Herbert… Continue reading German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004840

German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004839

Cariad Volkswagen’s software unit was overwhelmed with too many tasks. (Photo: dpa) When Herbert Diess officially hands over the top post at Volkswagen to Oliver Blume at the end of August, he will be leaving his successor a company in the midst of upheaval. Although the 63-year-old initiated the transformation towards electromobility and the development… Continue reading German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004839

German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004838

Oliver Blume Volkswagen and Porsche say that the double solution is not only temporary until the IPO, but permanently. (Photo: imago images / Patrick Scheiber) The announced change in the management of the Volkswagen Group is viewed with skepticism among investors and in financial circles. The Wolfsburg-based car manufacturer is parting ways with CEO Herbert… Continue reading German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004838

German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004835

Oliver Blume Volkswagen and Porsche say that the double solution is not only temporary until the IPO, but permanently. (Photo: imago images / Patrick Scheiber) The announced change in the management of the Volkswagen Group is viewed with skepticism among investors and in financial circles. The Wolfsburg-based car manufacturer is parting ways with CEO Herbert… Continue reading German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004835

German Handelsblatt: Automaker: A visionary who failed in the implementation – the balance sheet of VW boss Diess004835

Herbert Diess presented the VW ID.3 in 2019 Diess recognized the future of electrified drives early on. (Photo: AP) It actually looked like Herbert Diess would fulfill his three-year contract as VW boss. He was the favorite of the financial markets. In investor circles, he was considered the one who initiated the transformation with electromobility… Continue reading German Handelsblatt: Automaker: A visionary who failed in the implementation – the balance sheet of VW boss Diess004835