German Handelsblatt: Quarterly report: Volkswagen sees improvement in the semiconductor situation – The second half of the year should be significantly better004877

Production of the ID.4 at VW in Zwickau The mass brands Volkswagen passenger cars, Skoda and Seat have recently been exposed to severe production restrictions due to the chip crisis. (Photo: dpa) Volkswagen is entering the second part of the year with more optimism. “The group expects the product mix to normalize as the semiconductor… Continue reading German Handelsblatt: Quarterly report: Volkswagen sees improvement in the semiconductor situation – The second half of the year should be significantly better004877

German Handelsblatt: Commercial vehicle manufacturer: VW subsidiary Traton is struggling with delivery bottlenecks and high costs004875

A truck from the VW truck subsidiary In addition to MAN, the brands Scania, Navistar, VWCO and Rio also belong to Traton. (Photo: dpa) The Volkswagen commercial vehicle holding company Traton is under pressure due to supply bottlenecks and higher procurement prices. Despite an increase in sales of almost a third to 18 billion euros… Continue reading German Handelsblatt: Commercial vehicle manufacturer: VW subsidiary Traton is struggling with delivery bottlenecks and high costs004875

German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004873

Audi assembly in Ingolstadt Audi plans radical conversion. (Photo: Audi) The Volkswagen subsidiary Audi wants to halve factory costs in the coming years. “Having production costs in half means halving the hours per vehicle,” said Audi Board Member for Production Gerd Walker in Ingolstadt. In addition, the two large German Audi plants in Ingolstadt and… Continue reading German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004873

German Handelsblatt: Change of boss at Volkswagen: Herbert Diess refrains from presenting the half-year balance sheet004869

Herbert Diess Der scheidende VW-Konzernchef ist offiziell noch bis zum 31. August im Amt, verzichtet aber auf die Teilnahme an der aktuellen Bilanzvorlage. (Foto: Reuters) An diesem Donnerstag legt der VW-Konzern seine Halbjahreszahlen vor. Da wäre die Teilnahme des amtierenden Vorstandsvorsitzenden an der Bilanzpräsentation eine Selbstverständlichkeit. Doch in Wolfsburg ist derzeit nichts mehr normal nach dem… Continue reading German Handelsblatt: Change of boss at Volkswagen: Herbert Diess refrains from presenting the half-year balance sheet004869

German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004868

Volkswagen in China China plays an important role for the German car company. (Photo: dpa) Regardless of the growing risks, German companies continue to invest heavily in China. According to the Chinese Ministry of Commerce, investments rose by 21 percent in the first five months of the year compared to the same period last year.… Continue reading German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004868

German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004865

Audi assembly in Ingolstadt Audi plans radical conversion. (Photo: Audi) The Volkswagen subsidiary Audi wants to halve factory costs in the coming years. “Having production costs in half means halving the hours per vehicle,” said Audi Board Member for Production Gerd Walker in Ingolstadt. In addition, the two large German Audi plants in Ingolstadt and… Continue reading German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004865

German Handelsblatt: Mercedes quarterly figures: This is how high Mercedes-Benz sales and profits are in Q2004864

The most important thing about the quarterly figures from Mercedes-Benz The Mercedes-Benz Group, formerly Daimler, achieved sales of 36.4 billion euros in Q2 2022. The company’s operating profit was 4.6 billion euros. Earnings per share were EUR 2.91 in Q2. When did Mercedes-Benz publish the quarterly figures for Q2 2022? On Wednesday, July 27, 2022,… Continue reading German Handelsblatt: Mercedes quarterly figures: This is how high Mercedes-Benz sales and profits are in Q2004864

German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004863

Mercedes-Benz’s luxury strategy paid off for the automaker in the difficult second quarter. In its passenger car division, Mercedes achieved a return on sales of over 14 percent after 15 percent in the first quarter. Overall, sales increased by seven percent to EUR 36.4 billion, and the EBIT margin rose by six percent to EUR… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004863

German Handelsblatt: Volkswagen: The chronology of the expulsion: How the replacement of VW boss Diess came about004861

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 about004861

German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004858

Mercedes-Benz boss Ola Källenius Sales should now be well above the previous year’s level instead of just slightly, EBIT should increase slightly instead of stagnating. (Photo: dpa) Mercedes-Benz increased its profit in the second quarter despite falling sales in its passenger car division and, thanks to strong demand, is more confident about the year as… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004858