Stefan Sommer becomes Volkswagen Board Member

D he after a power struggle with the supplier ZF Retired former CEO Stefan Sommer changes to the world’s largest carmaker. There, he takes over a VW release on Monday evening according to the procurement department. Sommer follows the long-term purchasing director Francisco Javier Garcia Sanz, who left the group at his own request. Volkswagen… Continue reading Stefan Sommer becomes Volkswagen Board Member

Adieu BMW, Mercedes, VW?

W I was worried Svenja Schulze I went on vacation. Maybe with plane, ship, car, cow, something pollutantunwreibreibendem stop. But then the Federal Environment Minister appeared in the Rhineland, where she found out about the hardware retrofitting she loved for old diesels. Because the minister wants to avoid driving bans. The same thing that has… Continue reading Adieu BMW, Mercedes, VW?

Salaries in Dax companies diverges

D The salary gap in Germany’s top corporations has increased in the past year. The executives of the 30 Dax companies earned an average of 52 times as much as their employees, as a study published on Thursday in Frankfurt by the German Association for the Protection of Securities ( DSW ) and the Technical… Continue reading Salaries in Dax companies diverges

EU to Trump: $ 300 billion in retaliation for auto duties

Z The American President attacks aggressively aggressively Donald Trump the European Union: While he likes the European states, the EU is an institution to the detriment of the United States, he said just during a campaign meeting in the state of North Dakota. The French President Emmanuel Macron he allegedly a favorable “deal” offered, if… Continue reading EU to Trump: $ 300 billion in retaliation for
auto duties

Auto stocks in the acid test

e It was the German afternoon on Friday afternoon, when the 45th President of the United States was doing his favorite thing in faraway Washington: Donald Trump tweeted. His message moved – as the President likes it – immediately the stock exchanges. In Germany, shortly before the market closed, the prices of German automakers Daimler,… Continue reading Auto stocks in the acid test

Auto duties are not off the table

D onald Trump threatens with additional duties on cars and car parts. The consequence of this would be grave, especially compared to the import surcharges for steel and aluminum, which the American president has already set in motion for manufacturers from Europe. The stock market development of BMW, Daimler and Volkswagen speaks for itself –… Continue reading Auto duties are not off the table

Musk’s dangerous arrogance

e It’s amazing how self-esteem and track record can diverge. The electric vehicle manufacturer has no 30,000 cars Tesla shipped in the first quarter, $ 3.4 billion implemented and a total of more than a billion dollars of money burned. By contrast, Ford has delivered 1.67 million vehicles, $ 42 billion in revenue and $… Continue reading Musk’s dangerous arrogance

The dream of Tesla & Co.

A All talk about Tesla and the wonderful electric cars, but the trend is going in the opposite direction: heavy fuel-guzzling cars are in demand. The Ford Motor Company, which is about the same as Tesla on the stock market, sold just 73,104 so-called F-Series pick-up trucks in April this year. This is the best… Continue reading The dream of Tesla & Co.

VW Truck & Bus will soon be called Traton

D In the future, the commercial vehicle group in the Volkswagen Group wants to operate under the name Traton Group instead of “Volkswagen Truck & Bus”. The new name is an important milestone on the way to a leading global market position, said CEO Andreas Renschler on Wednesday. Under the roof of the Traton Group,… Continue reading VW Truck & Bus will soon be called Traton