Herbert Diess is the new CEO of Volkswagen. As the successor of Matthias Müller, he faces great challenges. In the first few hours he already shows what to expect from him. Friday, 13.04.2018 16:57 clock The location at Volkswagen reminiscent of a divorce. The former husband raised the children, and they do not like to… Continue reading “Better a bandage of ships than a battleship”
Category: OEMs
Thousands of Slovenians file lawsuits against VW
Car buyers from Slovenia pull against VW in court. However, the competent Brunswick judges have so far decided on many cases in favor of the car manufacturer. Monday, 09.04.2018 12:39 clock The exhaust affair has further legal consequences for VW: Thousands of owners of manipulated diesel cars from Slovenia have filed a claim for damages… Continue reading Thousands of Slovenians file lawsuits against VW
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
The uncertainty for the Neue Halberg casting continues
D The striking employees of the automotive supplier Neue Halberg Guss have chosen big words on Thursday to support the further negotiations on a social wage agreement for their company with protests. When around 600 employees from Saarbrücken and Leipzig gathered at the Opernturm in Frankfurt at noon, they carried several banners: “Where justice becomes… Continue reading The uncertainty for the Neue Halberg casting continues
Are all automanagers scammers?
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Diesel scandal helped us
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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?
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
Car values pull Dax up
D he global trade dispute with the United States remains the main topic of conversation on the German stock market floor. The Dax investors hoped on Thursday that the European carmakers still get around to higher US tariffs. The German leading index gained 0.9 percent to 12,433 points. The papers of Daimler , Volkswagen and… Continue reading Car values pull Dax up
VW will not release its cars for longer than expected
D The car maker Volkswagen expects due to the new emissions test with an even longer dry spell than previously known. “This topic will occupy us for a few months until we come back to a normal driving style in the plants,” wrote CEO Herbert Diess to the employees. Because of the from 1 September… Continue reading VW will not release its cars for longer than expected