German FAZ: Volkswagen and BMW depend on Tesla008148

Markets could hardly develop more differently: While strong growth and a sales record were once again achieved in China with 673,000 electric cars sold in October, the market in Germany fell by five percent to around 35,500 cars. Even if the German manufacturers are still hardly relevant in the two large electric car markets of… Continue reading German FAZ: Volkswagen and BMW depend on Tesla008148

German FAZ: VW seeks relief from the software crisis008150

In the midst of the struggle over factory closures and mass layoffs, Volkswagen is pushing ahead with a billion-dollar software development pact with its American partner Rivian. On Tuesday evening, the two companies announced that the planned joint venture would begin work on Wednesday. The goal is to bring the VW Group’s first vehicles onto… Continue reading German FAZ: VW seeks relief from the software crisis008150

German FAZ: Why the VW employees in Baunatal are frustrated008149

Carsten Büchling is combative. “There will be no mass layoffs with us and no factory closures,” says the works council chairman of the VW plant in Baunatal. He also sharply criticizes the demands of the company’s board of directors for a pay cut of ten percent: “We will not allow any intervention in the wallets… Continue reading German FAZ: Why the VW employees in Baunatal are frustrated008149

German FAZ: VW gets help from Tesla challenger 008148 with electric cars

Volkswagen has sealed its partnership with the American Tesla challenger Rivian. The first vehicles based on the new electric architecture should roll out as early as 2027, said CEO Oliver Blume at the start of the joint venture in Palo Alto, California. VW increased its investment in the project again: the Wolfsburg-based company wants to… Continue reading German FAZ: VW gets help from Tesla challenger 008148 with electric cars

German FAZ: Unofficial start of the election campaign? Scholz speech in the Bundestag008150

The most important thing for you on Wednesday: 1. Scholz declares himself in the Bundestag2. What happens next until the new elections3. Biden welcomes Trump to the White House4. How bleak are the prospects for the German economy?5. Bad news for the climate6. Round 2 in the fight between Trump and Fed7. What’s behind the… Continue reading German FAZ: Unofficial start of the election campaign? Scholz speech in the Bundestag008150

German FAZ: Ford introduces short-time work at the Cologne plant008149

The two new electric models Explorer and Capri are currently being built in the Cologne factory. “The significantly lower than expected demand for electric vehicles, especially in Germany, requires a temporary adjustment to the production volumes in the Cologne Electric Vehicle Center,” the “Stadt-Anzeiger” quoted the spokeswoman as saying. According to information from the newspaper,… Continue reading German FAZ: Ford introduces short-time work at the Cologne plant008149