German Manager Magazin: USA: Government cancels tax premium for e-cars from Volkswagen, BMW and other manufacturers002435

The US government is promoting the purchase of electric cars with tax credits of up to $7,500 – but only relatively few models will qualify for this in the future. For e-vehicles from bmw, Volkswagen, Nissan, Rivian, Hyundai and Volvo, the subsidies will initially be eliminated, as emerged on Monday (local time) from a list… Continue reading German Manager Magazin: USA: Government cancels tax premium for e-cars from Volkswagen, BMW and other manufacturers002435

German Handelsblatt: Electric luxury: This is how Mercedes Maybach makes electric006709

Mercedes-Maybach EQS SUV The luxury SUV is the luxury brand’s first electric model. (Photo: Mercedes-Benz) The term luxury is clearly defined in the Mercedes world. 99 percent of customers choose the S-Class, EQS or GLS. However, anyone who can afford it gets into a Mercedes-Maybach. The sub-brand serves particularly well-funded buyers who want it even… Continue reading German Handelsblatt: Electric luxury: This is how Mercedes Maybach makes electric006709

German Handelsblatt: Mercedes, BMW, Volkswagen: Falling new car prices – car manufacturers face the end of “picture book profits”006707

BMW production in Shenyang The classic combustion engine business in China is shrinking. (Photo: BMW Group) Many car manufacturers are profiteers from the crisis. Because a lack of semiconductors and wiring harnesses kept the vehicle supply tight, Volkswagen, Mercedes-Benz and BMW were able to push through ever higher prices. They achieved dream returns of more… Continue reading German Handelsblatt: Mercedes, BMW, Volkswagen: Falling new car prices – car manufacturers face the end of “picture book profits”006707

German Handelsblatt: Mercedes, BMW, Volkswagen: Falling new car prices – car manufacturers face the end of “picture book profits”006707

BMW production in Shenyang The classic combustion engine business in China is shrinking. (Photo: BMW Group) Many car manufacturers are profiteers from the crisis. Because a lack of semiconductors and wiring harnesses kept the vehicle supply tight, Volkswagen, Mercedes-Benz and BMW were able to push through ever higher prices. They achieved dream returns of more… Continue reading German Handelsblatt: Mercedes, BMW, Volkswagen: Falling new car prices – car manufacturers face the end of “picture book profits”006707

German Handelsblatt: Inflation Reduction Act: US Treasury Department publishes list of subsidized electric cars: BMW and Mercedes do not benefit, VW has to tremble006705

Volkswagen The ID.4 EV did not initially qualify for tax rebates. (Photo: IMAGO/ZUMA Wire) According to the US Treasury Department, electric models from German automakers Volkswagen, BMW and Mercedes do not qualify for tax breaks of $7,500. The three manufacturers did not meet the new battery procurement rules and thus lost their right to the… Continue reading German Handelsblatt: Inflation Reduction Act: US Treasury Department publishes list of subsidized electric cars: BMW and Mercedes do not benefit, VW has to tremble006705