A wave of recalls is weighing on the auto industry. The problem is particularly growing at BMW, where the company is giving quality tutoring to suppliers. But their industry points to a completely different problem. Go to Source
Category: German Press
German Manager Magazine: Auto industry: Mood in a nosedive – lack of orders and pessimistic future prospects003537
The German one Auto industry According to the Ifo Institute, looks to the future with concern. Extremely pessimistic expectations caused the business climate in the industry surveyed by the Munich Institute to fall by 6.2 points to minus 24.7 points in August. After a temporary slight recovery, it was now the fourth decline in a… Continue reading German Manager Magazine: Auto industry: Mood in a nosedive – lack of orders and pessimistic future prospects003537
German Manager Magazine: Electric cars: Government plans tax rebates for electric company cars003536
The federal government wants the sale of Electric cars boost with tax relief. On the one hand, tax advantages for fully electric company cars should be extended to cars worth up to 95,000 euros, according to the draft law, which the cabinet wants to approve on Wednesday and which was available to several news agencies.… Continue reading German Manager Magazine: Electric cars: Government plans tax rebates for electric company cars003536
German Manager Magazine: Stock market: Dax with price slide, Nvidia shares plummet003536
The Dax fell further from its recent record on Wednesday in a weak global market environment. In early trading, the leading German index lost 0.85 percent to 18,587 points. The MDax of medium-sized stock exchange companies fell by 1.04 percent to 25,142 points. The Eurozone leading index EuroStoxx 50 lost 1.1 percent. On Tuesday, the… Continue reading German Manager Magazine: Stock market: Dax with price slide, Nvidia shares plummet003536
German Manager Magazine: Volkswagen works meeting in Wolfsburg: Oliver Blume defends austerity measures003536
At the works meeting in Wolfsburg, VW management defended its tightened austerity measures and the termination of employment protection. “We still have a year, maybe two years to turn things around. But we have to use this time,” said group finance chief Arno Antlitz (55) in front of more than 10,000 employees at the VW… Continue reading German Manager Magazine: Volkswagen works meeting in Wolfsburg: Oliver Blume defends austerity measures003536
German Handelsblatt: Volkswagen: “This is a declaration of bankruptcy” – works council boss takes a tough stance on the VW board009556
At a works meeting at the headquarters in Wolfsburg, the dissatisfaction of the employees is loud. Confidence in the board was lost after the announced plant closures. Go to Source
German Handelsblatt: Comment: VW wants to close German plants – only one thing is surprising about the plan009555
The structural problems at Germany’s largest car manufacturer have been evident for decades. CEO Blume now has to show that he is consistently fixing them. Go to Source
German FAZ: Rudi Klein’s junkyard in Los Angeles007590
Porsche Tower: The old warhorses bask in the Californian sun on three floors. There are said to be around 200 of the Type 356, and we’re still counting. How stories are created? A reader writes to the author that it might be exciting to go to Los Angeles, where a scrapyard is being auctioned off.… Continue reading German FAZ: Rudi Klein’s junkyard in Los Angeles007590
German FAZ: Volvo fills up with fresh energy007591
Volvo is practicing the balancing act. We ask ourselves whether there can be a balancing act with three legs. So the story goes like this: The large SUV XC90, which defines the brand alongside the eternal station wagons, is currently getting a refresh so that it can live even longer with its practical talents and… Continue reading German FAZ: Volvo fills up with fresh energy007591
German FAZ: Volvo fills up with fresh energy007590
The electric EX 90 competes against the BMW iX or Mercedes EQS SUV. He does that really well. He will be coming to Germany in the fall. However, this will be an expensive pleasure. Go to Source