Category: German Press

German Manager Magazin: Volkswagen: Car manufacturer cuts sales forecast due to uncertain economy002628

Volkswagen increased the operating result significantly in the second quarter thanks to decreasing delivery bottlenecks, but has become more cautious in its sales forecast due to the uncertain economy. The operating result increased by almost a quarter to 5.6 billion euros, the Wolfsburg-based group announced on Thursday. Sales climbed 15.2 percent to a good 80… Continue reading German Manager Magazin: Volkswagen: Car manufacturer cuts sales forecast due to uncertain economy002628

German Manager Magazin: Wissing, the stimulus figure, and Winterkorn in exile: The new newsletter manage:mobility002627

Dear reader, Some of the nation’s auto plants are currently on vacation, and many others are about to have their free time. Apart from the incoming orders, the summer slump in the industry is canceled. In China, Volkswagen is turning its strategy inside out, more on that later. In Germany, the Chinese competitors are attacking… Continue reading German Manager Magazin: Wissing, the stimulus figure, and Winterkorn in exile: The new newsletter manage:mobility002627

German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007354

For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007354

German Handelsblatt: Dax current: breakout done: Dax climbs towards record high – VW share loses significantly007353

Der deutsche Leitindex verlässt am Tag nach der Zinserhöhung in den USA seine mehrwöchige Seitwärtsspanne. Im Vormittagshandel notiert der Dax bei 16.271 Punkten, ein Plus von 0,9 Prozent gegenüber dem Vortagesschluss. Vom 13. Juli bis zum heutigen Vormittag bewegte sich der deutsche Leitindex zwischen 16.240 Punkten auf der Ober- und 15.995 auf der Unterseite, eine… Continue reading German Handelsblatt: Dax current: breakout done: Dax climbs towards record high – VW share loses significantly007353

German Handelsblatt: Ola Källenius: 40 billion euros are not enough: Mercedes is increasing investments in electromobility007351

Ola Källenius The Mercedes boss is pushing ahead with his electric strategy despite setbacks. (Photo: Bloomberg) The Stuttgart car manufacturer Mercedes-Benz wants to invest even more money in the development and production of electric cars. “We are increasing the stakes,” says CEO Ola Källenius in an interview with the Handelsblatt. The Swedish-German manager is reacting… Continue reading German Handelsblatt: Ola Källenius: 40 billion euros are not enough: Mercedes is increasing investments in electromobility007351

German Handelsblatt: Ola Källenius: 40 billion euros are not enough: Mercedes is increasing investments in electromobility007351

Ola Källenius The Mercedes boss is pushing ahead with his electric strategy despite setbacks. (Photo: Bloomberg) The Stuttgart car manufacturer Mercedes-Benz wants to invest even more money in the development and production of electric cars. “We are increasing the stakes,” says CEO Ola Källenius in an interview with the Handelsblatt. The Swedish-German manager is reacting… Continue reading German Handelsblatt: Ola Källenius: 40 billion euros are not enough: Mercedes is increasing investments in electromobility007351