9.Tata Group: The commercial vehicle division of the Indian Tata conglomerate (steel, vehicles, consumer goods, IT, hotels, insurance) has largely stayed out of China – but is represented in Southeast Asia, Latin America, Russia, the Middle East and Africa. And not exactly on a small scale: Tata sold 147,095 trucks of six tons and more… Continue reading Volvo Trucks: Corona crisis results in 57 percent less sales
Author: Manager Magazin (German)
Volkswagen AG: Slump in sales stopped in June
in theVW group has the sales slump caused by the Corona crisis somewhat weakened in June. As the company announced on Friday, worldwide deliveries decreased by 17.5 percent year-on-year to around 804,000 vehicles. This corresponds to a stabilization compared to May, when the minus was still around a third (33.7 percent). For the entire first… Continue reading Volkswagen AG: Slump in sales stopped in June
Corona crisis in the car industry: Daimler’s savings program is having an effect, Q2 loss less than expected
The car makerDaimlerhas in the second quarter Corona crisis not as badly fared as feared despite an operating loss of billions. The loss before interest and taxes was 1.68 billion euros, as the Dax company announced on Thursday evening after the market closed on the basis of preliminary figures in Stuttgart. That was only slightly… Continue reading Corona crisis in the car industry: Daimler’s savings program is having an effect, Q2 loss less than expected
Volkswagen: Dirk Hilgenberg becomes software director
Volkswagen once again expands the power of its new top manager Markus Duesmann (51). The Volkswagen development board and Audi boss will in future also be responsible for the increasingly important software development throughout the group, as Europe’s largest car maker announced on Wednesday. Under Duesmann, the previous BMW manager Dirk Hilgenberg takes over from… Continue reading Volkswagen: Dirk Hilgenberg becomes software director
Volkswagen: main brand VW imposes hiring freeze
No newcomers from outside, better internal management:Volkswagenwants to save even more staff, without endangering the conversion to e-mobility and digitalization. “The board of directors will stop hiring until at least the end of the year because of corona and securing liquidity,” said works council chief Bernd Osterloh (63) of the VW company newspaper “Mitbestießen”. “I… Continue reading Volkswagen: main brand VW imposes hiring freeze
Tesla: Gigafactory Berlin in Grünheide should cost a billion euros
The US electric car makerTeslaplans construction costs of around EUR 1.065 billion for its first factory in Europe. This comes from an updated application for environmental approval, which was published on Thursday. The construction work is expected to last until March 2021. Production in Grünheide near Berlin, which is scheduled to start in July 2021,… Continue reading Tesla: Gigafactory Berlin in Grünheide should cost a billion euros
Tesla: Elon Musk’s electric car manufacturer defies corona crisis, deliveries increased in Q2
Inside, the Model 3 welcomes you with an almost Scandinavian, simple interior – and a giant screen that controls almost all vehicle functions. Tesla has saved on buttons and levers: to the left of the steering wheel is the turn signal lever, which also functions as a flasher and activates the windshield wipers. To the… Continue reading Tesla: Elon Musk’s electric car manufacturer defies corona crisis, deliveries increased in Q2
New cars with an average of 166 hp: Germans also resort to high-horsepower cars in the corona crisis
DPA Traffic on the A8 in Bavaria – new cars currently have a whopping 166 hp on average, according to a study The trend towards increasingly more motorized cars in Germany has been going on for decades. According to industry expert Ferdinand Dudenhöffer, the average new car had 159 HP last year, this year it… Continue reading New cars with an average of 166 hp: Germans also resort to high-horsepower cars in the corona crisis
How the VW boss saved his job: Herbert Diess – cowboy without weapons
The preliminary meeting of the employees on the VW supervisory board on June 8th almost turned into a rebellion. When, if not now, CEO Herbert Diess (61) should be thrown out, some asked. Given that he had just accused the controllers of cheating internals and talked about crimesthat “can obviously be assigned”. In front of… Continue reading How the VW boss saved his job: Herbert Diess – cowboy without weapons
Separation from brand ambassador in Russia: Audi pulls the rip cord after accusation of racism
DPA Critical comments on “Black Lives Matter”: Xenia Sobtschak should no longer advertise for Audi. Audi is separating itself from its Russian brand ambassador, television presenter Xenia Sobtschak, who is best known in the West for her candidacy in the 2018 presidential election. The reason is alleged racist statements. “The incidents known to us today… Continue reading Separation from brand ambassador in Russia: Audi pulls the rip cord after accusation of racism