Slump in sales, overcapacity: carmakers demand new purchase premium in the Corona crisis

Getty Images Looking for buyers: German carmakers are suffering from overcapacity and dwindling demand. The corona crisis is putting itself under pressure. Now VW and BMW are campaigning for another purchase bonus. The call for further support in the corona-Crisis will also occur among Germans Car makers volume up. In any case, characterized by falling… Continue reading Slump in sales, overcapacity: carmakers demand new purchase premium in the Corona crisis

Employees should donate part of the bonus: Porsche pays each employee a bonus of 9,000 euros

DPA Porsche CEO Oliver Blume: “Employees are encouraged to donate to non-profit organizations on a voluntary basis” The sports car maker Porsche Show stock market chart Pays its employees a bonus of € 9,000 each for their work in the past year 2019 as agreed – but calls on the employees to voluntarily donate something… Continue reading Employees should donate part of the bonus: Porsche pays each employee a bonus of 9,000 euros

Sales plummet 15 percent worldwide: Mercedes wants to gradually ramp up production again

DPA Mercedes plant in Sindelfingen: Controlled ramp-up of production at Daimler from April 20 The car maker Daimler suffered significant sales losses worldwide in the first quarter due to the corona pandemic. In total, around 477,400 Mercedes and Smart cars were sold from January to March this year, which corresponds to a decline of 14.9… Continue reading Sales plummet 15 percent worldwide: Mercedes wants to gradually ramp up production again

March 2020 strongest month so far: Purchase premium drives demand for electric cars to record highs

Jan Woitas / dpa central image An electrically powered BMW i3 in downtown Leipzig Last March, more applications were made for the electric car and plug-in hybrid purchase premium than ever in a month. A total of 12,365 people or companies registered with the responsible Federal Office of Economics and Export Control, as can be… Continue reading March 2020 strongest month so far: Purchase premium drives demand for electric cars to record highs

Coronavirus is decommissioning car factories worldwide – but not everywhere: where the car industry is idle, where something is still rolling

AP VW plant in Chattanooga, Tennessee: Nothing is rolling off the assembly line here either In the past few days, events in the automotive industry have overturned: Because of the Corona virus-Pandemic, car manufacturers and suppliers had to shut down their plants and temporarily shut them down – first in Europe, now almost everywhere in… Continue reading Coronavirus is decommissioning car factories worldwide – but not everywhere: where the car industry is idle, where something is still rolling

Daimler in danger: fear of Chinese takeover

Sindelfingen, Daimler design studio, autumn 2019. CEO Ola Källenius (50) should give the okay for a new model from his small car brand Smart. The SUV in bonsai format will be launched in 2022, electrically, of course. “Cool,” says Källenius. The eyes are on the man next to the Daimler boss, An Conghui (49), CEO… Continue reading Daimler in danger: fear of Chinese takeover

EXCLUSIVE Possible cooperation: Volkswagen and Daimler are exploring software cooperation

DPA (2) Volkswagen and Daimler: The groups are exploring possible cooperation at the highest level. The auto companies Volkswagen Show stock market chart and Daimler Show stock market chart think about a software cooperation. There were first talks about a partnership reports the manager magazin. Volkswagen CEO Herbert Diess (61) and his Daimler colleague Ola… Continue reading EXCLUSIVE Possible cooperation: Volkswagen and Daimler are exploring software cooperation

BMW annual balance sheet in times of the corona virus pandemic: clear words about the corona turmoil

Eric Krügl / BMW “Cautiously confident” – BMW boss Oliver Zipse hits the right note in times of coronavirus That’s not how it was meant in Munich, of course. BMWBoss Oliver Zipse wanted to set the first signs at the annual press conference 2020. Seven months ago he took over the position of CEO, now… Continue reading BMW annual balance sheet in times of the corona virus pandemic: clear words about the corona turmoil

VW brand had a good year in 2019, but …: Coronavirus is also weighing on VW’s electric car plans

Oliver Killig / Volkswagen VW ID.3: The electric car is due to come onto the market in summer despite software delays and the corona crisis The Corona crisis will be a tough test for the VW Group’s main brand in the middle of the ramp-up of e-mobility this year. The business figures continued to improve… Continue reading VW brand had a good year in 2019, but …: Coronavirus is also weighing on VW’s electric car plans

EXCLUSIVE goal for 2023: Volkswagen plans cheaper electric cars

Friso Gentsch / Volkswagen CEO Herbert Diess wants platform for small electric cars. Volkswagen wants a significantly cheaper generation of Electric cars launch. The models should have their own architecture and if possible go on sale from 2023. CEO Herbert Diess wants to make it possible with the new architecture to also offer small cars… Continue reading EXCLUSIVE goal for 2023: Volkswagen plans cheaper electric cars