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
Author: Handelsblatt in German Online News
Car maker: Daimler threatens the anger of the shareholders
Daimler in Stuttgart The Mercedes manufacturer is currently angry with many of its shareholders. (Photo: Reuters) Hamburg Daimler must expect strong dissatisfaction from dissatisfied shareholders at the Annual General Meeting. The fund company Union Investment does not want to discharge the board of directors and the supervisory board of the Stuttgart-based car group at the… Continue reading Car maker: Daimler threatens the anger of the shareholders
New generation: Opel makes the mocha electric
Quickly full again The mocha can also be loaded via CCS. Rüsselsheim With the second generation of the Opel Mokka will not only celebrate the new edition of the most important SUV of the Hesse in late summer, but also the new brand face, which everyone will see in the future OpelModels should wear. The… Continue reading New generation: Opel makes the mocha electric
Job cuts: VW plans to cut 5,000 jobs in commercial vehicles and relocate production to Poland
VW commercial vehicles Instead of 15,000, only 10,000 are supposed to work in the Hanover plant. (Photo: dpa) Hanover The carmaker VW wants in his line of business Volkswagen Commercial vehicles (VWN) will cut around 5,000 jobs at the main Hanover plant in the coming years and rework parts of their production Poland relocate. “Another… Continue reading Job cuts: VW plans to cut 5,000 jobs in commercial vehicles and relocate production to Poland
Car maker: VW software unit to launch in July – operating system until 2024
Production of the ID.3 in Zwickau The expansion of software development is one of the strategic focuses of CEO Herbert Diess. (Photo: dpa) Wolfsburg, Ingolstadt The software unit of Volkswagen is ready to start after months of preparation: The development of its own digital platform for all brands in the Group is scheduled to begin… Continue reading Car maker: VW software unit to launch in July – operating system until 2024
Reason for costs: BMW and Daimler put joint project for autonomous driving on ice
BMW and Mercedes The corona crisis caused the automakers’ business to collapse. (Photo: dpa) Frankfurt BMW and Daimler’s car subsidiary Mercedes Benz have canceled their development cooperation for highly automated driving for cost reasons. After intensive examination, they came to the conclusion that now was not the right time to do so due to the… Continue reading Reason for costs: BMW and Daimler put joint project for autonomous driving on ice
Savings program: BMW decides to cut 6,000 jobs
BMW production It is the first job cuts that the automaker has been doing since the 2008 financial crisis. (Photo: dpa) Munich The tapes have been running since mid-May BMW again, but the factories are not busy. The Short-time work For the approximately 34,000 employees it is largely canceled, but there is a lack of… Continue reading Savings program: BMW decides to cut 6,000 jobs
Illegal exhaust technology: Daimler has to recall 170,000 additional diesel vehicles
Mercedes logo Hundreds of thousands of vehicles are affected by the allegation of illegal exhaust technology. (Photo: dpa) Stuttgart The carmaker Daimler has to recall around 170,000 additional diesel vehicles because of the allegation of illegal exhaust technology. Older models of the A, B, C, E and S class are affected by Mercedes Benz with… Continue reading Illegal exhaust technology: Daimler has to recall 170,000 additional diesel vehicles
Automotive industry: Volkswagen sales slump by a third in May
Volkswagen Deliveries slumped 45 percent in April. (Photo: AP) Wolfsburg Volkswagen sold significantly fewer vehicles worldwide due to the corona crisis. However, the decline in May, at minus 33.7 percent to 609,400 vehicles, was less pronounced than in the previous month. Deliveries slumped 45 percent in April because production in Europe stopped and the trade… Continue reading Automotive industry: Volkswagen sales slump by a third in May
Leadership crisis: Drama about dies: The VW boss loses support
Herbert Diess The Volkswagen boss, here shortly after starting in spring 2018, weakened his position with a harsh attack on the supervisory board. (Photo: Reuters) Dusseldorf, Frankfurt offensive Volkswagen-Boss Herbert Diess can hardly place his message to the top of the supervisory board. In front of 3400 top managers, he accused the members of the… Continue reading Leadership crisis: Drama about dies: The VW boss loses support