Category: German Press

German FAZ: Ex-Daimler boss Zetsche defends himself against allegations010520

In the hallway of the Stuttgart Higher Regional Court before the start of the hearing into alleged emissions violations of Mercedes-Benz diesel cars, one of the car manufacturer’s legal representatives pulled out his cell phone to take a photo. Several lawyers and representatives of the legal department smile happily into the camera. That shows confidence.… Continue reading German FAZ: Ex-Daimler boss Zetsche defends himself against allegations010520

German FAZ: Green kerosene from Schwedt?010519

The largest production plant for sustainable aviation fuels to date in Germany is to be built at the Schwedt refinery site in Brandenburg. The Federal Ministry of Economics has approved the implementation of the almost 500 million euro Concrete Chemicals project at the PCK refinery Schwedt site. The federal government and the state of Brandenburg… Continue reading German FAZ: Green kerosene from Schwedt?010519

German FAZ: Ex-Daimler boss Zetsche defends himself against allegations010521

In the hallway of the Stuttgart Higher Regional Court before the start of the hearing into alleged emissions violations of Mercedes-Benz diesel cars, one of the car manufacturer’s legal representatives pulled out his cell phone to take a photo. Several lawyers and representatives of the legal department smile happily into the camera. That shows confidence.… Continue reading German FAZ: Ex-Daimler boss Zetsche defends himself against allegations010521

German FAZ: Car manufacturer BYD loses its top position in China010520

The world’s largest electric car manufacturer BYD is threatened with a real crisis. The group’s sales fell by 30 percent to 210,000 vehicles in January compared to the same month last year, the company announced. It was the fifth consecutive month of declining sales. The company’s share price fell almost seven percent in Hong Kong.… Continue reading German FAZ: Car manufacturer BYD loses its top position in China010520

German FAZ: Two audio managers in court 010519

When things weren’t going well in the Volkswagen empire, Ulrich Hackenberg often came into play. The gifted car engineer was something of a problem solver in the company. When the model brand Audi was weakening, the then chairman of the supervisory board, Ferdinand Piëch, and his CEO, Martin Winterkorn, sent their best man to Ingolstadt.… Continue reading German FAZ: Two audio managers in court 010519

German Manager Magazine: Google: Waymo raises $16 billion. Valuation rises to $126 billion004686

In the race for the market for driverless robotaxis, the Google-Sister company Waymo their coffers for global expansion. Waymo raised $16 billion (around 13.5 billion euros) from investors in a financing round. The company was valued at a total of $126 billion, according to a statement. Waymo’s robotaxis now make more than 400,000 paid rides… Continue reading German Manager Magazine: Google: Waymo raises $16 billion. Valuation rises to $126 billion004686

German Manager Magazine: Elon Musk: SpaceX takes over AI start-up xAI004685

Tech billionaire Elon Musk (54) owns the space company SpaceX and its AI developer xAI merged. The US entrepreneur is merging his rocket and satellite company with the developer of the chatbot Grok, as SpaceX announced on Monday. Sharing computing power, data and engineering knowledge will both accelerate AI development and support longer-term ambitions such… Continue reading German Manager Magazine: Elon Musk: SpaceX takes over AI start-up xAI004685