German Manager Magazine: Hella: Auto supplier reacts to weak sales increase with savings program003116

After a surprisingly small increase in sales, the headlight specialist Hella is turning the red pencil, especially in Europe. In the new year, the Lippstadt-based company expects global car production to stagnate and, due to a slower recovery in Europe, only a slight improvement in its own business. Europe is the auto supplier’s region with… Continue reading German Manager Magazine: Hella: Auto supplier reacts to weak sales increase with savings program003116

German Manager Magazine: Volkswagen: China’s upswing is driving Volkswagen’s sales003115

The upswing in the Chinese car market after the Corona dip has Volkswagen-Group brought higher sales figures worldwide at the beginning of the year. In January, 698,200 cars and commercial vehicles were delivered to customers, 13 percent more than a year earlier, as the Wolfsburg-based car manufacturer announced on Friday. The increase is based solely… Continue reading German Manager Magazine: Volkswagen: China’s upswing is driving Volkswagen’s sales003115

German Manager Magazine: Volkswagen supplies e-parts and batteries to Mahindra003114

The Volkswagen-Group and the Indian car manufacturer Mahindra have agreed on a supply pact for electrical components and batteries. Mahindra will equip part of its Inglo electric platform with electrical components from the Wolfsburg-based MEB platform and also purchase battery cells from the Germans, the companies announced on Friday in Chennai and Wolfsburg. The companies… Continue reading German Manager Magazine: Volkswagen supplies e-parts and batteries to Mahindra003114