Tag: Financial Results

Tesla to be profitable in third-quarter, fourth-quarter: Musk tweets

(Reuters) – Silicon valley billionaire Elon Musk said on Friday his Tesla Inc (TSLA.O) company will not need to raise any money this year because the electric car maker will have positive cash flow and be profitable in the third and fourth quarter. FILE PHOTO: A Tesla dealership is seen in West Drayton, just outside… Continue reading Tesla to be profitable in third-quarter, fourth-quarter: Musk tweets

Escape tendencies at Opel: The new Opel rulers are heading for conflict with IG Metall

All articles and backgrounds 04/13/2018 Escape tendencies at Opel The new Opel rulers are heading for conflict with IG Metall AFP The boss and his Opel boss: Carlos Tavares (l.) And Michael Lohscheller. Carlos Tavares has a reputation to lose: that of the successful car company Sanierers. So the head of PSA Peugeot Citroën after… Continue reading Escape tendencies at Opel: The new Opel rulers are heading for conflict with IG Metall

Andreas Renschler’s truck empire before the IPO: How the truck business becomes Volkswagens Mustersparte

All articles and backgrounds 04/13/2018 Andreas Renschlers truck empire before the IPO How the truck business becomes Volkswagens Mustersparte REUTERS Andreas Renschler So much is in motion in the Volkswagen Group. Several management posts, including the boss, are being retooled, the entire management structure changed, And truck board member Andreas Renschler? On the morning before… Continue reading Andreas Renschler’s truck empire before the IPO: How the truck business becomes Volkswagens Mustersparte

New structure – 6 business units plus China, commercial vehicles ready for the stock market: VW makes Diess the CEO and bundles brands

All articles and backgrounds 04/12/2018 New structure – 6 business units plus China, commercial vehicles ready for the stock exchange VW makes Diess the CEO and bundles brands AP New VW boss: Herbert Diess Volkswagen initiates the biggest reorganization of its history. The Supervisory Board appointed VW brand leader Herbert Diess on Thursday at the… Continue reading New structure – 6 business units plus China, commercial vehicles ready for the stock market: VW makes Diess the CEO and bundles brands

12 percent salary increase at Skoda: Skills shortage forces VW and Co. to extreme wage increases in Eastern Europe

All articles and backgrounds 04/12/2018 12 percent salary increase in Skoda Skills shortage forces VW and Co. to extreme salary increases in Eastern Europe Skoda The rich salary increase in the Volkswagen Show stock market chartSubsidiary Skoda has decided: The wages of the approximately 25,000 tariff employees in the Czech Republic will increase retroactively to… Continue reading 12 percent salary increase at Skoda: Skills shortage forces VW and Co. to extreme wage increases in Eastern Europe

VW supervisory board chooses Diess as the new CEO

The former Volkswagen brand manager Herbert Diess will be the new CEO. He replaces predecessor Matthias Müller, as the VW Supervisory Board decided. Herbert Diess Thursday, 12.04.2018 19:53 clock Herbert Diess is the new CEO of Volkswagen-Konzerns. On Thursday, the supervisory board appointed the 59-year-old VW brand leader to head the world’s largest carmaker with… Continue reading VW supervisory board chooses Diess as the new CEO

Continental Unveils New Assistance Concepts for Early Risk Detection of Aquaplaning Situations

Continental is developing new concepts designed to warn drivers about an imminent risk of aquaplaning Aquaplaning assistance concepts utilize surround view camera images and signals from tire-mounted sensors (eTIS) for advanced tire information The holistic concept can give the driver time to prevent the front wheels of the vehicle from floating, while warning other vehicles… Continue reading Continental Unveils New Assistance Concepts for Early Risk Detection of Aquaplaning Situations

Exclusive: Tesla targets November 2019 for start of Model Y production – sources

SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) is targeting November 2019 as the start of production for its Model Y sport utility vehicle, with production in China to begin two years later, two sources told Reuters this week, shedding some light on the electric vehicle maker’s next project that could tax its resources and capacity.… Continue reading Exclusive: Tesla targets November 2019 for start of Model Y production – sources

Incredibly done

After his expulsion, VW CEO Matthias Müller suddenly stands as a failed manager. At the same time, the balance of his term of office can be quite impressive. Still-VW boss Matthias Müller Wednesday, 11.04.2018 18:01 clock It is such a thing with public reputation. Inevitably, in the general consciousness, only a few details are reflected… Continue reading Incredibly done