Job cuts and possible factory closures: The crisis at Volkswagen could also slow down the car company’s investment planning. An important decision could be made this week. Go to Source
Category: German Press
Autohaus Skrobek: Distinctive “Repmaster” identity over Waldbrunn
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German Manager Magazine: BMW, Mercedes, Audi: The China problem in the premium segment003587
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German Handelsblatt: Interview: “Don’t write us off” – Mercedes boss announces the largest product offensive in the company’s history009721
In an interview with Handelsblatt, Ola Källenius sticks to the luxury strategy, praises the innovative strength of German car manufacturers and calls for more lax CO2 targets. A signal worries him. Go to Source
German Handelsblatt: Volkswagen: This is how the VW Golf wants to get back to the top009720
The VW Golf VIII got off to a pretty bumpy start and has also weakened recently. Now an extensive model update is ironing out the operating and software weaknesses. Go to Source
German Handelsblatt: Auto industry: Mercedes wants to offer automated driving up to 95 kilometers per hour009719
So far, Mercedes’ semi-autonomous system can only be used at low speeds. That should change. Only the Federal Motor Transport Authority still has to give the green light. Go to Source
German Handelsblatt: Top meeting: Before the car summit: Lower Saxony’s economics minister and VW are pushing with new demands009718
Economics Minister Habeck has invited people to a “car summit” in the afternoon. Scrappage bonus and funding packages – what the industry demands and what an economist thinks about it. Go to Source
German FAZ: Norris and Solo at the limit in Singapore007747
Lando Norris weighed an estimated five kilos less when he climbed out of his McLaren after a victorious drive. A city tour at Formula 1 speed in Singapore is stressful at 30 degrees Celsius and humidity levels around 75 percent. However, as superior as the Brit won the night race at the equator on Sunday… Continue reading German FAZ: Norris and Solo at the limit in Singapore007747
German FAZ: “We as a group must be able to help ourselves”007749
Mr. Setzer, the auto industry is in big trouble. Your competitor ZF Friedrichshafen wants to cut 14,000 jobs, and VW is even threatening to close plants. Has Germany been written off as a car location? The situation is challenging. We already said at our Capital Markets Day in December that we expect little tailwind from… Continue reading German FAZ: “We as a group must be able to help ourselves”007749
German FAZ: Eurovision Song Contest 007748
When ambition and reality don’t match, a clear vision might help. Kia’s sales share of electric cars in Europe is expected to rise to 40 percent “in the foreseeable future,” as President Ho-sung Song says. The customer, of course, doesn’t really go along with it; the purchase price in particular is a high hurdle. Of… Continue reading German FAZ: Eurovision Song Contest 007748