German Manager Magazin: Higher purchase premium for e-cars until the end of 2025000951

Who a new Electric car wants to buy is now clear: The significantly higher state premium will soon be extended to the end of 2025 – so far it is limited to the end of 2021. The Federal Ministry of Economics announced on Thursday that the purchase premium, financed from taxpayers’ money, should be extended… Continue reading German Manager Magazin: Higher purchase premium for e-cars until the end of 2025000951

German Manager Magazin: 11 billion dollar valuation and hardly any income000951

The robot car company Aurora is the first promising developer of future technology to go public. So far from, among others Amazon supported company takes – like many start-ups currently – an abbreviation via the merger with an already listed company shell, a so-called Spac (“Special Purpose Acquisition Company”). Aurora is valued at around eleven… Continue reading German Manager Magazin: 11 billion dollar valuation and hardly any income000951

German Manager Magazin: Volkswagen: Sales are falling in China of all places000952

The brands of Volkswagen-Group delivered almost five million vehicles worldwide between January and June. That was 28 percent more than in the first half of 2020, the group announced on Friday. At that time, during the peak of the first corona wave, the temporary closings of plants and dealers as well as the collapse in… Continue reading German Manager Magazin: Volkswagen: Sales are falling in China of all places000952

German Manager Magazin: Daimler-Dieselklage: BGH does not see thermal windows alone as immoral000951

Diesel plaintiffs who received compensation from Daimler demand, should go away empty-handed in many cases. When they first pronounced their verdict in a “thermal window” procedure, the judges of the Federal Court of Justice (BGH) confirmed on Tuesday that they do not consider the use of the technology to be immoral. At the same time,… Continue reading German Manager Magazin: Daimler-Dieselklage: BGH does not see thermal windows alone as immoral000951

German Manager Magazin: Volkswagen “New Auto” Group strategy 2030: Faster change to a tech company, overtaking Tesla in 2025000945

He’s just got his contract get extended until autumn 2025 – Now Volkswagen group boss Herbert Diess (62) wants to really set the pace with the conversion towards a tech group: With its eleven vehicle brands, the Volkswagen group is preparing to play a leading role in the new mobility world, Diess said at the… Continue reading German Manager Magazin: Volkswagen “New Auto” Group strategy 2030: Faster change to a tech company, overtaking Tesla in 2025000945

German Handelsblatt: VW diesel scandal: Volkswagen looks bad in dispute with fired engineers 002432

Cologne Gunnar Kilian left no doubt when he announced the expulsions: “The reason for the measures are serious misconduct,” said Volkswagen’s Chief Human Resources Officer on August 17, 2018. Finally – so suggested Kilian – the carmaker had identified those who were primarily responsible for the diesel scandal. Five men and one woman received their… Continue reading German Handelsblatt: VW diesel scandal: Volkswagen looks bad in dispute with fired engineers 002432

German Handelsblatt: Battery manufacturer: Cell factory in Bitterfeld wobbles: Daimler partner Farasis is struggling with serious problems002429

Munich Battery cells for electric cars are a scarce commodity. The car manufacturer Daimler therefore obtains the coveted goods from a large number of suppliers such as the South Korean groups LG Chem and SK Innovation. The Mercedes manufacturer maintains a particularly close alliance with two suppliers from China, which goes far beyond a traditional… Continue reading German Handelsblatt: Battery manufacturer: Cell factory in Bitterfeld wobbles: Daimler partner Farasis is struggling with serious problems002429

German Handelsblatt: Interview with Oliver Blume: Porsche takes over Bugatti: “The brand doesn’t really fit VW” 002365

Oliver Blume The Porsche boss expects the joint venture at Bugatti to give new momentum to electric cars. (Photo: Porsche) Stuttgart The sports car manufacturer Porsche is pushing its business with electric cars, but does not want to completely forego the business with the internal combustion engine. “The focus is on the electrification of our… Continue reading German Handelsblatt: Interview with Oliver Blume: Porsche takes over Bugatti: “The brand doesn’t really fit VW” 002365

German Manager Magazin: Nissan and Envision AESC build battery factory in Sunderland, England000917

The Japanese auto company Nissan wants to invest heavily in its plant in Sunderland, England, despite Brexit. A new electric car is to be produced there in the future. Nissan and its Chinese partner Envision AESC also want to build a completely new plant for batteries in the city. The plant with a capacity of… Continue reading German Manager Magazin: Nissan and Envision AESC build battery factory in Sunderland, England000917

German Manager Magazin: Volkswagen: Strongest US business in one quarter since 1973000917

After the slump in the Corona crisis, car sales come into the United States back on the road – German manufacturers also benefit greatly from this. Volkswagen According to information from Thursday, 120,520 new cars with the VW logo were sold in the important US market in the second quarter. That was 72 percent more… Continue reading German Manager Magazin: Volkswagen: Strongest US business in one quarter since 1973000917