The world’s largest automaker Volkswagenincreased amidst the Corona crisis and the economic uncertainty set the pace when switching to the Electromobility. In the next five years (2021-2025), Volkswagen plans to invest 73 billion euros in climate-friendly drives and digitalization and thus almost every second euro of its entire investment budget in this period. As before,… Continue reading German Manager Magazin: Volkswagen: Investments stagnate, but more for electric cars – Plant Emden loses Passat000323
Category: German Press
German Handelsblatt: Car manufacturer: Volkswagen sounds the alarm: “The charging network is exhausted” 000770
Ionity fast charging station in Rhineland-Palatinate A car driver charges her electric car at the Brohltal service area on the A61 motorway. Germany needs more of these charging stations. (Photo: dpa) Düsseldorf Volkswagen warns that there will soon no longer be enough charging points for the many new electric cars on Germany’s roads. “The number… Continue reading German Handelsblatt: Car manufacturer: Volkswagen sounds the alarm: “The charging network is exhausted” 000770
German Handelsblatt: Truck subsidiary of Volkswagen: Traton presents good quarterly figures – but does not dare to make a profit forecast000740
Traton – subgroup with many brands Traton is a Volkswagen subsidiary. This in turn includes a number of truck brands such as Scania and MAN. Now there is also Navistar from the USA. (Photo: Reuters) Düsseldorf The business of the VW truck subsidiary Traton is developing better again, but the company has still not reached… Continue reading German Handelsblatt: Truck subsidiary of Volkswagen: Traton presents good quarterly figures – but does not dare to make a profit forecast000740
German FAZ: Gilded November000476
Gerald Kink wants to make one thing clear right away: “That really helps us,” says the hotelier and restaurateur from Wiesbaden. “We accept this money very gratefully,” assures the entrepreneur who runs the Hotel Oranien in the Hessian state capital, a long-established family business with 80 rooms and 36 employees. Ralph Bollmann Correspondent for economic… Continue reading German FAZ: Gilded November000476
German Handelsblatt: Handelsblatt Auto Summit: VW boss Diess: “In 2023 and 2024 we want to use the software like Tesla” 000722
Herbert Diess “We are very committed to batteries and continue to invest.” (Photo: dpa) Düsseldorf Volkswagen CEO Herbert Diess sees no alternative to the electric offensive that the Wolfsburg-based car company has launched this year. Only with these vehicles can the new EU climate targets be achieved. At the Handelsblatt Auto Summit 2020 this Friday,… Continue reading German Handelsblatt: Handelsblatt Auto Summit: VW boss Diess: “In 2023 and 2024 we want to use the software like Tesla” 000722
German Handelsblatt: Handelsblatt Auto Summit 2020: VW boss Diess promises rapid expansion of electromobility000721
Volkswagen on the way to becoming an electronics company VW CEO Herbert Diess sees no alternative. Volkswagen has to accelerate the electrification of its fleet again. (Photo: Reuters) Düsseldorf Volkswagen not only has to ensure the rapid expansion of electric mobility. At the same time, the Wolfsburg-based car company must also advance the digitization of… Continue reading German Handelsblatt: Handelsblatt Auto Summit 2020: VW boss Diess promises rapid expansion of electromobility000721
German Handelsblatt: Handelsblatt Auto Summit 2020: Daimler intends to increasingly develop vehicle software itself000720
Ola Källenius In addition to digitization, Källenius is fully committed to electric mobility. (Photo: dpa) Munich Daimler is changing. The Stuttgart-based carmaker is saving drastically, realigning its core business and cutting thousands of jobs in its combustion plants. Despite all the modifications, customers could still rely on the fact that all Mercedes vehicles would continue… Continue reading German Handelsblatt: Handelsblatt Auto Summit 2020: Daimler intends to increasingly develop vehicle software itself000720
German Manager Magazin: Billions in aid for auto suppliers: Peter Altmaier wants “bonus program” 000295
Federal Minister of Economics Peter Altmaier (62, CDU) has presented key points for a billion-dollar program with the Auto supplier to be supported in structural change. According to information from the German Press Agency, the program is intended to accelerate transformation, strengthen innovation and advance the use of data. The Ministry of Economic Affairs assumes… Continue reading German Manager Magazin: Billions in aid for auto suppliers: Peter Altmaier wants “bonus program” 000295
German Manager Magazin: Oliver Zipse, BMW: “A hard Brexit won’t kill us” 000295
BMW boss Oliver Zipse (56) sees the elections in the USA and the struggle for one Brexit trade agreement calmly. “We can get along with any government,” Zipse told journalists in Munich. And if Great Britain and the EU should collect customs duties on cars and parts from January, that would be a burden, but… Continue reading German Manager Magazin: Oliver Zipse, BMW: “A hard Brexit won’t kill us” 000295
German Manager Magazin: Federal Environment Agency imposes a fine of millions on Tesla000289
The US electric car makerTeslashould in Germany Pay a fine of over twelve million euros. According to information from “Welt am Sonntag”, this is evident from the report filed with the US Securities and Exchange Commission for the third quarter of the fiscal year. It says: “The German Federal Environment Agency (UBA) has issued a… Continue reading German Manager Magazin: Federal Environment Agency imposes a fine of millions on Tesla000289