The car manufacturer has to save billions. As a sign of solidarity, the company’s top management forgoes a small portion of their compensation – for a limited time. That causes discussions. Go to Source
Category: German Press
German Handelsblatt: Damages: Million-dollar lawsuit against VW companies after the Felicity Ace008638 accident
A fire led to the sinking of a freighter carrying almost 4,000 cars two years ago. Owners and insurance companies now want money from Porsche, among other things – they suspect batteries are the cause. Go to Source
German Handelsblatt: Car supplier: Continental is making money again in the car business and is increasing its dividend008637
The supplier generated more sales and profits in the past financial year. The restructuring of the car division is showing initial success. But the shares are falling. Go to Source
German Handelsblatt: Auto suppliers: “The old business model is coming under increasing pressure” – tech companies are relying on Bosch, ZF and Conti008636
The largest German auto suppliers lack blockbuster innovations. They are being increasingly pushed out in the future fields with the highest margins – with dramatic financial consequences. Go to Source
German Handelsblatt: Car manufacturer: VW cancels ID.3 production in Wolfsburg008634
The car was to be the first electric model to be manufactured at the main factory in Wolfsburg. Now Volkswagen has announced that it will continue to build the ID.3 exclusively in Saxony. The demand is too low. Go to Source
German Handelsblatt: Car manufacturer: VW cancels ID.3 production in Wolfsburg008634
The car was to be the first electric model to be manufactured at the main factory in Wolfsburg. Now Volkswagen has announced that it will continue to build the ID.3 exclusively in Saxony. The demand is too low. Go to Source
AI in car dealership practice: “Never write an email again”
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German Handelsblatt: Car manufacturer: VW cancels ID.3 production in Wolfsburg008632
The car was to be the first electric model to be manufactured at the main factory in Wolfsburg. Now Volkswagen has announced that it will continue to build the ID.3 exclusively in Saxony. The demand is too low. Go to Source
German Handelsblatt: Car manufacturer: VW cancels ID.3 production in Wolfsburg008632
The car was to be the first electric model to be manufactured at the main factory in Wolfsburg. Now Volkswagen has announced that it will continue to build the ID.3 exclusively in Saxony. The demand is too low. Go to Source
German Manager Magazine: Rivian: Tesla competitor tries to distract from problems with new models R2 and R3003158
The TeslaChallenger Rivian is postponing the construction of a factory worth around five billion dollars USA until further notice. The move will initially save Rivian $2.25 billion (a good two billion euros), said company boss R.J. Scaringe (41) on Thursday at the presentation of new models. The new factory in the US state of Georgia… Continue reading German Manager Magazine: Rivian: Tesla competitor tries to distract from problems with new models R2 and R3003158