Interview with Ola Källenius: Daimler boss focuses Mercedes on luxury cars again

Ola Källenius In office since May 2019 – but only now is he tightening the austerity course. (Photo: Verena Müller / laif) Munich, Frankfurt In the middle of the corona crisis sharpens Daimler-Boss Ola Källenius his Strategy and trims the automaker for return. “We want to go back to our core as a manufacturer of… Continue reading Interview with Ola Källenius: Daimler boss focuses Mercedes on luxury cars again

Auto industry: Volkswagen and Brose cooperate on car seats

Michael Stoschek Brose owner Michael Stoschek is confident that the joint venture will play a leading role in the market. (Photo: dpa) Munich The approximately 5000 employees of the VWSubsidiary Sitech get a new owner. Explained on Monday Volkswagen and the Franconian automotive supplier Brose want to set up a joint venture to produce car… Continue reading Auto industry: Volkswagen and Brose cooperate on car seats

Auto industry: false start with VW’s own auto software: top manager has to vacate his position

Christian Senger A new task is being sought for the manager. (Photo: Volkswagen AG) Frankfurt, Munich In the ranks of Volkswagen Christian Senger is one of the most capable minds. The graduate engineer led the development of the ID electrical series for the car manufacturer Volkswagen wants to create entry into electromobility. The pace at… Continue reading Auto industry: false start with VW’s own auto software: top manager has to vacate his position

Car maker: Opel temporarily transfers German employees to French PSA plants

Opel production in Germany So far, little more than a dozen volunteers have signed up for the temporary transfer. (Photo: dpa) Munich The car maker Opel wants to “temporarily move up to 150 German production employees to French plants”, as stated in a circular of the works council called. According to the leaflet available in… Continue reading Car maker: Opel temporarily transfers German employees to French PSA plants

Volkswagen: Skoda boss Bernhard Maier has to go

Bernhard Maier The contract of the head of the VW subsidiary Skoda expires soon. Volkswagen apparently wants to use this opportunity to force the 60-year-old out of the company. (Photo: AFP / Getty Images) Frankfurt After almost five years at the helm of Skoda should end for Bernhard Maier. He will Post as CEO of… Continue reading Volkswagen: Skoda boss Bernhard Maier has to go

Balance sheet check: Daimler’s structural weaknesses take revenge in the corona crisis

Daimler headquarters in Stuttgart The brand’s wholesale sales slumped by more than a fifth in the first five months of 2020. (Photo: Imago) Munich Daimler is not that Lufthansa. Neither does the carmaker foreseeably fly out of the Leading index Dax, As a result of the corona pandemic, the Swabians still urgently need help from… Continue reading Balance sheet check: Daimler’s structural weaknesses take revenge in the corona crisis

Electromobility: The VW plant in Emden is becoming electric

VW plant in Emden Volkswagen has started retrofitting the factory. The production of electric cars begins in two years. (Photo: dpa) Düsseldorf almost two years ago Volkswagen Made the start in Zwickau, Saxony: The Wolfsburg-based car group is investing a good one billion euros there to convert its own plant to the exclusive production of… Continue reading Electromobility: The VW plant in Emden is becoming electric

Car maker: BMW plans to build 500,000 electric drives a year in Dingolfing

BMW plant in Dingolfing In Dingolfing, fully electric, highly autonomous luxury SUVs will roll off the assembly line next year. (Photo: BMW) Dingolfing BMW accelerates the ramp-up of e-mobility. BMW-Boss Oliver Zipse said on Thursday at the opening of the new battery and electric motor factory in Dingolfing, Lower Bavaria: “As early as 2022, we… Continue reading Car maker: BMW plans to build 500,000 electric drives a year in Dingolfing

After Corona shock: VW stops plans for new plant in Turkey

VW stops plans for new plant in Turkey The controversial construction of a new plant in Turkey was stopped. (Photo: dpa) Istanbul The VWCorporation stops plans to build a new plant in the Turkey. “The background is the slump in global automotive demand caused by the corona crisis,” the company said in Wolfsburg on Wednesday.… Continue reading After Corona shock: VW stops plans for new plant in Turkey

Lutz Meschke: Porsche CFO will also become a board member at Holding Porsche SE

Lutz Meschke The manager will continue to carry out his duties as CFO and deputy chairman of the board of the sports car manufacturer Porsche AG. (Photo: dpa) Stuttgart Porsche-Finance director Lutz Meschke will also be responsible for the investment business of VW– parent company Porsche SE. The 54-year-old will take over the position on… Continue reading Lutz Meschke: Porsche CFO will also become a board member at Holding Porsche SE