German FAZ: Why the US sanctions do not affect the refinery in Schwedt010157

The relief at the Schwedt refinery site was likely to have been great on Wednesday. After the United States imposed sanctions on the Russian oil companies Rosneft and Lukoil last week, it was initially unclear whether the PCK refinery in Schwedt, operated by Rosneft Germany, could also be affected. Although Rosneft Germany is under trust… Continue reading German FAZ: Why the US sanctions do not affect the refinery in Schwedt010157

German FAZ: Actually Sonnenschein010157

Electric cars don’t just come from China, they also come from Eisenach. Opel has been sending its Grandland out into the world from this traditional location for a year now, as a hybrid with a somewhat narrow 145 horsepower, as a plug-in hybrid with 195 horsepower and as an electric SUV with 213 or 325… Continue reading German FAZ: Actually Sonnenschein010157

German FAZ: Volkswagen sees chip supply secured in the short term010158

Despite the chip crisis, Volkswagen probably won’t have to order any production stops next week. As things stand today, production is secured at all German locations within this period, the group announced in Wolfsburg. This also applies to the subsidiaries Audi, Porsche and VW Commercial Vehicles, said a spokesman when asked. However, it is not… Continue reading German FAZ: Volkswagen sees chip supply secured in the short term010158

German FAZ: Volkswagen writes losses in the billions010157

The VW Group posted a billion-dollar loss in the third quarter, primarily because of the problems at its sports car subsidiary Porsche. The bottom line is that there was a loss of 1.07 billion euros between July and September, as the Wolfsburg-based automobile manufacturer announced on Thursday. A year ago there was a surplus of… Continue reading German FAZ: Volkswagen writes losses in the billions010157

German FAZ: Profit slump at Mercedes010152

Mercedes-Benz’s profits fell by half in the first nine months. The Stuttgart-based car manufacturer announced that consolidated earnings fell by 50.3 percent from 7.80 billion euros to 3.87 billion euros compared to the same period last year. The Swabians cited customs duties, lower sales figures and expenses for efficiency measures as reasons for this. CEO… Continue reading German FAZ: Profit slump at Mercedes010152

German FAZ: The battle for the dashboard010151

General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151

German FAZ: The battle for the dashboard010151

General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151