Battery for the VW ID.3 VW is recruiting the best minds of the competition for the future development of battery systems. (Photo: dpa) Wolfsburg / Cupertino For the billion-dollar expansion of its battery business, the Volkswagen Group has poached other executives from rivals in the tech and automotive industries. Among other things, the head of… Continue reading German Handelsblatt: Auto industry: VW gets top developers from Apple and BMW003367 for battery division
Author: Handelsblatt in German Online News
German Handelsblatt: Inadmissible defeat device: BGH will probably sentence Audi for the first time to pay damages in diesel affair003363
Workers at the Audi plant in Neckarsulm The car manufacturer defends itself in court against claims for damages from customers. (Photo: dapd) Karlsruhe The Federal Court of Justice (BGH) will probably for the first time sentence the automaker Audi to compensation for damages because the group installed manipulated VW diesel engines in its vehicles. During… Continue reading German Handelsblatt: Inadmissible defeat device: BGH will probably sentence Audi for the first time to pay damages in diesel affair003363
German Handelsblatt: EQE SUS in preparation: Mercedes strengthens business in China – fully electric giant sedan planned from 2024003362
Mercedes EQE Mercedes boss Ola Källenius is planning a new offshoot of the EQE in China: A SUS – a hybrid of SUV and sedan. (Photo: Reuters) Munich There aren’t many things that make Mercedes managers jealously squint at BMW. One of these few cases is of course the fact that the eternal rival from… Continue reading German Handelsblatt: EQE SUS in preparation: Mercedes strengthens business in China – fully electric giant sedan planned from 2024003362
German Handelsblatt: VW: Conflict in the works council – Frank Patta challenges Daniela Cavallo003347
VW works council boss Daniela Cavallo The conflict between the employees and the corporate management has intensified dramatically. (Photo: dpa) Wolfsburg IG Metall is a force in Wolfsburg. Around 90 percent of Volkswagen employees are members of the union. The Wolfsburg branch is the largest local administration of IG Metall in Germany. No other German… Continue reading German Handelsblatt: VW: Conflict in the works council – Frank Patta challenges Daniela Cavallo003347
German Handelsblatt: Commercial vehicle manufacturer: Daimler Truck goes public in December 003311
Daimler truck At Daimler, cars and trucks have so far come from the same house. (Photo: dpa) Stuttgart In the course of the splitting up of the Daimler group, the truck and bus business is to be brought to the Frankfurt stock exchange on December 10th. Daimler Truck expects to qualify for the Dax stock… Continue reading German Handelsblatt: Commercial vehicle manufacturer: Daimler Truck goes public in December 003311
German Handelsblatt: Handelsblatt Auto Summit 2021: Opel boss Hochgeschurtz wants to significantly shorten the delivery time of e-cars
Munich Like the rest of the industry, the car manufacturer Opel is currently suffering from two major problems: the consequences of the corona pandemic and the shortage of semiconductors. “Both topics have a very significant influence on our production and sales volumes,” said company boss Uwe Hochgeschurtz on Thursday at the Handelsblatt Auto Summit. In… Continue reading German Handelsblatt: Handelsblatt Auto Summit 2021: Opel boss Hochgeschurtz wants to significantly shorten the delivery time of e-cars
German Handelsblatt: Auto industry: VW owner Holding Porsche SE reports profit jump 003265
Porsche SE The company controlled by the Porsche and Piëch families holds a good 53 percent of VW ordinary shares. (Photo: dpa) Stuttgart Thanks to the profit of the Volkswagen Group, the parent company Porsche SE earned more. The investment company posted an after-tax profit of 3.3 billion euros between January and September, as the… Continue reading German Handelsblatt: Auto industry: VW owner Holding Porsche SE reports profit jump 003265
German Handelsblatt: Auto supplier: Schaeffler cashes in sales forecast due to chip crisis003262
Schaeffler headquarters in Herzogenaurach The company lowered its sales forecast for the full year due to production downtimes in the auto industry. (Photo: imago images / isslerimages) Munich The chip crisis is troubling the automotive and industrial supplier Schaeffler. In the third quarter, sales fell by three percent due to currency effects, as the company… Continue reading German Handelsblatt: Auto supplier: Schaeffler cashes in sales forecast due to chip crisis003262
German Handelsblatt: Car maker: Opel boss Uwe Hochgeschurtz secures receipt of all plants for 003211
Uwe Hochgeschurtz The Opel boss rules out the closure of plants in Germany. (Photo: dpa) Rüsselsheim The new Opel boss Uwe Hochgeschurtz has promised to keep the carmaker’s locations in Germany. “We keep all works. Rüsselsheim, Eisenach and Kaiserslautern are and will remain our factories in Germany, ”said Hochgeschurtz of the“ Frankfurter Allgemeine Zeitung ”(Monday).… Continue reading German Handelsblatt: Car maker: Opel boss Uwe Hochgeschurtz secures receipt of all plants for 003211
German Handelsblatt: Interview with Martin Daum: Daimler Truck boss: “Our customers said: If you deliver the buses to us, we will go bankrupt” 003139
The top manager’s biggest problem child, however, is the bus business, which is still suffering severely from the consequences of the corona crisis. “In April 2020 we didn’t get any more orders in one fell swoop,” says Daum. In many cases, his company was also unable to complete existing orders at the time. “Many customers… Continue reading German Handelsblatt: Interview with Martin Daum: Daimler Truck boss: “Our customers said: If you deliver the buses to us, we will go bankrupt” 003139