German Manager Magazine: News about Volkswagen, Rivian, Continental, Airbus and more in the newsletter manage:mobility003404

Dear reader,

Last week we reported in our “Ghost Drivers” category that some Austrian football fans were stranded on the train in Passau. This was also mocked again around Austria’s game against the Netherlands on Tuesday in Berlin. “Deutsche Bahn is so bad 

“, red-white-red supporters chanted on the way to the Olympic Stadium.

Improvement in sight at the state-owned company? On the contrary. Everything seems to be getting worse. The railway is canceling several long-distance connections due to rising route prices. So the offer is getting worse, but the tickets will probably still be more expensive. The train has its own rules.

Our topics of the week:

Why Volkswagen also gets help in restructuring cases.

How “fire extinguisher” Olaf Schick wants to prevent further scandals at Conti.

What bicycle company Accell is doing to combat more than a billion euros in debt.

Top topic: Why Volkswagen gets help from tiny babies

Volkswagen saved the news of the week for Tuesday evening, 10 p.m. and a few minutes. Shortly after the stock market closed, the car maker announced that it would invest up to $5 billion in Rivian. For the US start-up, this is urgently needed survival insurance. The next admission for Volkswagen and CEO Oliver Blume (55): We can no longer make any progress in software development alone. The deal is reminiscent of Volkswagen’s alliance with the tiny Chinese electric car company XPeng from last winter. Rivian and XPeng not only have better software than the Wolfsburg car giant, but also massive financial problems. We have analyzed why Volkswagen also seeks help in restructuring cases 

– and how Rivian might also be able to help with Volkswagen’s Scout pick-up project.

Not only are people flying more often again, they are also driving more and more cars. Driving is relative. In Germany, drivers spent an average of 40 hours in traffic jams last year. According to an analysis by the data service provider Inrix 

The traffic congestion in this country is now higher than before Corona. Traffic flows particularly slowly in Berlin: 56 hours of traffic jams. But, how good is it, people stand for much longer elsewhere: Globally, New York (101 hours), London (99 hours) and Paris (97 hours) are the traffic jam hotspots.

Deep Drive: Are taxes slowing down the transport transition?

Less traffic jams would probably be realistic; For example, more people would just have to go without their own car. It’s just that too few people seem to be interested in it. Alternatives to cars are having a hard time; success stories in car, moped or scooter sharing are rare. An analysis of the Portland State University 

According to a study in which the micromobility provider Lime was also involved, this could also have something to do with the state being too greedy: the taxes per mile driven that scooter rental companies have to pay to the tax authorities are on average 23 times higher than for private cars .

Ryanair boss Michael O’Leary (63) is rarely embarrassed by provocations. The Irishman once described his archenemy, Lufthansa, as a “crack cocaine junkie asking for government aid.” Now the low-cost airline is targeting the Irish Greens. At Among other things, he wants to cap air traffic in Dublin. Ryan promptly lost the European elections and resigned as party leader. Ryanair’s reaction 

: A picture of Ryan and his deputy Catherine Martin (51) with “idiot” hats and the remark: “Greens always recycle the same old garbage …” In contrast, the Habeck-bashing from Deutsche Börse boss Theo Weimer ( 64) almost like constructive criticism.

Have a good week.

Yours, Christoph Seyerlein

Do you have any wishes, suggestions or information that we should take care of journalistically? You can reach my colleagues in the Mobility team and me at manage.mobility@manager-magazin.de 

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