Matthias Müller The contract of the Volkswagen CEO will run until 2020. (Photo: AP) The VolkswagenTop management must, in the opinion of the CEO Matthias Müller Become “more feminine, younger and more international”. “This is a huge problem for the group,” he told the news magazine “Der Spiegel”. In determining his successor, the 64-year-old wants… Continue reading Volkswagen: VW boss Müller finds group top too old and too male
Author: Handelsblatt in German Online News
Car manufacturer: refurbishment talks at Opel falter
Opel plant in Rüsselsheim Works Council Chairman Wolfgang Schäfer-Klug stated that he did not want to accept any subsequent conditions for contracts from the new parent company. (Photo: AP) At the crisis carmaker Opel The restructuring talks between the employee representatives and the new parent company PSA are faltering. In a statement distributed on Friday… Continue reading Car manufacturer: refurbishment talks at Opel falter
Auto parts supplier: ZF Friedrichshafen pumps billions into development
ZF Friedrichshafen ZF, which belongs to the Zeppelin Foundation of the city of Friedrichshafen, is planning two new plants for the production of parts for electric drives. (Photo: AP) The auto supplier ZF Under his new boss, Wolf-Henning Scheider, Friedrichshafen does not want to let up in the race for new products for electric and… Continue reading Auto parts supplier: ZF Friedrichshafen pumps billions into development
Diesel affair: Bosch must disclose correspondence with VW
Bosch The auto parts supplier should disclose documents with which the claimants want to prove that the diesel fraud in the VW group had a long history. (Photo: picture alliance / dpa) Fabian Reuschle is an experienced judge. He has been in court for more than 18 years. His current case is also extraordinary for… Continue reading Diesel affair: Bosch must disclose correspondence with VW
VW subsidiary: Skoda wants to prevent strikes by salary increase
Skoda The Czech VW subsidiary wants to prevent strikes in the wage dispute with wage increases. (Photo: obs) The Czech Volkswagen-Daughter Skoda has submitted a wage increase of 8.3 percent from April onwards in a wage dispute with the unions to avert an impending strike. “We are negotiating next week, I hope we will reach… Continue reading VW subsidiary: Skoda wants to prevent strikes by salary increase
Automotive group: PSA invests in Opel plants outside Germany
Opel main plant in Rüsselsheim For the time being, the German locations are not involved in investments in several Opel plants by the French parent company PSA. (Photo: AP) The French automobile company PSA invests in several Opel-Werk outside Germany. So to be built from 2019 on in the factories Tychy (Poland) and Szentgotthárd (Hungary)… Continue reading Automotive group: PSA invests in Opel plants outside Germany
Diesel scandal: New searches shake Volkswagen
Volkswagen in Wolfsburg VW is already battling with shareholders who are misled by the group because of too late information on the exhaust gas scandal on 22 September 2015. (Photo: AP) Of the VWGroup does not rest. As has now become known, the prosecution in Braunschweig in another case for more punishable acts Volkswagen, This… Continue reading Diesel scandal: New searches shake Volkswagen
Balance sheet: million-risk for VW financial division due to losses in diesel cars
“Crisis made changes possible that were previously unthinkable” The business of VolkswagenGroup with auto financing and leasing contracts is still hardly burdened by the diesel scandal. As the VWSubsidiary Financial Services announced on Monday, the operating result rose again last year to a record level and reached 2.46 (previous year: 2.1) billion euros. However, the… Continue reading Balance sheet: million-risk for VW financial division due to losses in diesel cars
Mission E: The Tesla Hunter will be expensive for Porsche
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
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