Continental AG Automotive supplier Continental expects shrinking margins. (Photo: AP) DüsseldorfWith extreme caution, the auto parts supplier Continental into the just started year. Because of the worldwide Slowdown in car sales The Hanover-based company now calculates a further decline in operating return on sales (EBIT margin, adjusted). In 2019, the yield is expected to be… Continue reading Auto parts supplier: “The party is over” – Continental management expects falling margins
Author: Handelsblatt in German Online News
Auto parts supplier: Continental expects falling margins
Continental AG Automotive supplier Continental expects shrinking margins. (Photo: AP) MunichThe auto supplier Continental is preparing for increased pressure on its margins in the new year. The company from Hanover expects only an adjusted return on earnings before interest and taxes (EBIT margin) of between eight and nine percent for 2019, such as Conti announced… Continue reading Auto parts supplier: Continental expects falling margins
Diesel manipulations: VW threatens in diesel affair further recall
Volkswagen The KBA may leave it for reasons of proportionality, again in an official recall. (Photo: AP) FrankfurtVolkswagen threatens another callback in the diesel scandal. The Federal Motor Transport Authority (KBA) accuses the Wolfsburg-based carmaker also to cheat the software update for maltreated diesel vehicles with 1.2-liter engine, as reported “Bild am Sonntag” without information… Continue reading Diesel manipulations: VW threatens in diesel affair further recall
Gadgets: CES News: Foldable TV, Audi VR platform, Harley Davidson e-bike
Activate notification Can we inform you in your browser about the most important news of the Handelsblatt? You receive 2-5 messages per day. Almost done Let tradeblatt.com send you notifications. You can confirm this in the message of your browser. Notifications successfully activated We will keep you up to date on the most important news… Continue reading Gadgets: CES News: Foldable TV, Audi VR platform, Harley Davidson e-bike
Charging stations from Elli: Volkswagen founds eco-electricity providers for electric cars
VW Golf is loading A car driver puts the charging cable in the front of a VW Golf Hybrid. Loading should be much easier with the help of the new Volkswagen subsidiary Elli. (Photo: AP) Düsseldorf Loading an electric car is not always easy. The standards sometimes change from city to city. Sometimes there are… Continue reading Charging stations from Elli: Volkswagen founds eco-electricity providers for electric cars
VW boss Diess: “The future of Volkswagen decides on the Chinese market”
VW boss Herbert Diess According to the plans of VW boss Herbert Diess, China will in future play a much more important role for the German carmaker. (Photo: AP) PekingChina should according to the plans of VW-Boss Herbert Diess play an even more important role for the German carmaker in the future. “The future of… Continue reading VW boss Diess: “The future of Volkswagen decides on the Chinese market”
Diesel scandal: Baden-Württemberg files million suit against VW
VW plant The lawsuit relates to vehicles bought by the state of Baden-Württemberg. (Photo: imago / regios24) StuttgartThe green-black state government demands of Volkswagen for 1400 cars Compensation in the course of the diesel scandal, The announced lawsuit was filed at the end of the year at the district court of Stuttgart, as a spokeswoman… Continue reading Diesel scandal: Baden-Württemberg files million suit against VW
BMW, Daimler. VW: The German car makers catch up on e-mobility – but have a big weakness
DüsseldorfThe pace of electromobility is increasing rapidly. For four million electric vehicles sold worldwide, the automakers have still needed the past seven years. For the next million, just six months will be needed. The overall market for batteries used in e-cars is becoming cautious industry estimates about tenfold in the next 30 years – from… Continue reading BMW, Daimler. VW: The German car makers catch up on e-mobility – but have a big weakness
Diesel scandal: More than 300,000 VW owners claim damages
Volkswagen plant in Wolfsburg More than 300,000 vehicle owners complain after expiry of the limitation period against the German carmaker. (Photo: AP) BerlinDeutlich over 300,000 owners of Volkswagen-Kfz with manipulated exhaust control demand compensation from the group. By December 28, 294,000 would have VWOwner in the list for the model declaration action (MFK) said spokesman… Continue reading Diesel scandal: More than 300,000 VW owners claim damages
From VW to Porsche: The Top 10 Car News 2019
Production at VW in Saxony From the outside, the eighth Golf also remains a Golf. Inside is a lot new for the model 8. (Photo: AP) Cologne Bestsellers, real eye-catchers and classics with a fresh inner life – dozens of new car models will be re-launched this year. From golf in the usual look to… Continue reading From VW to Porsche: The Top 10 Car News 2019