Author: Handelsblatt in German Online News

German Handelsblatt: Sports car subsidiary: VW CEO: Porsche IPO has “no high priority” 001750

Porsche Volkswagen’s sports car subsidiary is unlikely to go public for the time being. (Photo: Reuters) Frankfurt / Main In the Volkswagen Group there is a dispute over a possible IPO of the sports car subsidiary Porsche. CEO Herbert Diess told the “Frankfurter Allgemeine Zeitung” (Saturday): “The topic of the Porsche IPO is currently not… Continue reading German Handelsblatt: Sports car subsidiary: VW CEO: Porsche IPO has “no high priority” 001750

German Handelsblatt: Comment: The Volkswagen Supervisory Board corrects a blatant misjudgment001748

Rupert Stadler and Martin Winterkorn The two former top managers of the Volkswagen Group are said to be liable – a step that is long overdue. (Photo: dpa) The time has finally come: after a long, tough examination, the Volkswagen Group has announced that it will take recourse to several ex-board members for the diesel… Continue reading German Handelsblatt: Comment: The Volkswagen Supervisory Board corrects a blatant misjudgment001748

German Handelsblatt: Skoda: Czech Republic hopes for the next VW Gigafactory 001722

Skoda production in the main plant in Mlada Bolesla The Czech VW subsidiary will soon also need many battery cells. (Photo: obs) Düsseldorf Not only Spain has good prospects that Volkswagen will build a battery cell factory there for billions of euros. The Czech Republic also has high hopes of getting such a cell plant.… Continue reading German Handelsblatt: Skoda: Czech Republic hopes for the next VW Gigafactory 001722

German Handelsblatt: Dax current: Dax investors ignore possible curfew – private investors gamble with VW shares001683

Dax curve in the trading room in Frankfurt The Frankfurt benchmark has already reached a new record several times this year. (Photo: dpa) Frankfurt Investors in the German stock market are cautious about the imminent extension of the lockdown. On Monday morning, the German benchmark index was 0.3 percent up at 14,664 points. The main… Continue reading German Handelsblatt: Dax current: Dax investors ignore possible curfew – private investors gamble with VW shares001683

German Handelsblatt: Finanzaufsicht: Plus 50 percent in a few days: Bafin examines the price rally of the VW share001648

Bafin The financial supervisory authority routinely looks at the price rally, according to the Bafin. (Photo: Bloomberg) The latest price rally at Volkswagen calls the financial regulator on the plan. The Bafin routinely watch the movements, said a spokeswoman on Thursday. The papers of the Wolfsburg-based group had attracted attention in the past few days… Continue reading German Handelsblatt: Finanzaufsicht: Plus 50 percent in a few days: Bafin examines the price rally of the VW share001648

German Handelsblatt: Auto supplier: ZF surprises with billions in orders for electric mobility001647

ZF electric motor At the beginning of the year, the automotive supplier bundled its electrical activities in a new division. (Photo: dpa) Stuttgart The automotive supplier ZF is making faster progress in the transformation than expected in the industry. By the end of 2020, ZF had won orders for purely electric drive components with a… Continue reading German Handelsblatt: Auto supplier: ZF surprises with billions in orders for electric mobility001647

German Handelsblatt: Automotive industry: Volkswagen depresses fixed costs: Up to 5000 jobs are to be cut 001546

Volkswagen saves on staff Vehicle production at Volkswagen in Wolfsburg: Jobs are also to be cut in production. (Photo: dpa) Düsseldorf Volkswagen produces too expensive; the fixed costs are far too high compared to the competition. The Wolfsburg-based car manufacturer has to regularly listen to this accusation on the stock exchange and by investors. VW… Continue reading German Handelsblatt: Automotive industry: Volkswagen depresses fixed costs: Up to 5000 jobs are to be cut 001546

German Handelsblatt: Car maker: Renault throws billions of Daimler shares on the market001526

Renault logo in France Renault and Daimler want to continue to cooperate on vans and transporters. (Photo: Reuters) Munich The French carmaker Renault wants to part with its billion dollar package of Daimler shares overnight. 16.45 million papers would be offered to institutional investors in an accelerated placement, Renault announced on Thursday evening. At the… Continue reading German Handelsblatt: Car maker: Renault throws billions of Daimler shares on the market001526