German Handelsblatt: Mahle boss in an interview: “We will continue to do what we have been able to do for 100 years – parts for combustion engines as long as they exist”006101

Mahle ist groß geworden mit Kolben und anderen Teilen für Verbrennungsmotoren. Darauf entfallen heute nur noch 40 Prozent des Umsatzes. Aber die Transformation zur Elektromobilität hat der Automobilzulieferer in den vergangenen Jahren mit Akquisitionen teuer erkauft.Der Umsatz stieg 2022 zwar um mehr als zehn Prozent auf über zwölf Milliarden Euro. Der neue Mahle-Chef Arnd Franz sagt: „Operativ schreiben… Continue reading German Handelsblatt: Mahle boss in an interview: “We will continue to do what we have been able to do for 100 years – parts for combustion engines as long as they exist”006101

German Handelsblatt: Mahle boss in an interview: “We will continue to do what we have been able to do for 100 years – parts for combustion engines as long as they exist”006101

Mahle ist groß geworden mit Kolben und anderen Teilen für Verbrennungsmotoren. Darauf entfallen heute nur noch 40 Prozent des Umsatzes. Aber die Transformation zur Elektromobilität hat der Automobilzulieferer in den vergangenen Jahren mit Akquisitionen teuer erkauft.Der Umsatz stieg 2022 zwar um mehr als zehn Prozent auf über zwölf Milliarden Euro. Der neue Mahle-Chef Arnd Franz sagt: „Operativ schreiben… Continue reading German Handelsblatt: Mahle boss in an interview: “We will continue to do what we have been able to do for 100 years – parts for combustion engines as long as they exist”006101

German Handelsblatt: Mahle boss in an interview: “We will continue to do what we have been able to do for 100 years – parts for combustion engines as long as they exist”006092

Mahle ist groß geworden mit Kolben und anderen Teilen für Verbrennungsmotoren. Darauf entfallen heute nur noch 40 Prozent des Umsatzes. Aber die Transformation zur Elektromobilität hat der Automobilzulieferer in den vergangenen Jahren mit Akquisitionen teuer erkauft.Der Umsatz stieg 2022 zwar um mehr als zehn Prozent auf über zwölf Milliarden Euro. Der neue Mahle-Chef Arnd Franz sagt: „Operativ schreiben… Continue reading German Handelsblatt: Mahle boss in an interview: “We will continue to do what we have been able to do for 100 years – parts for combustion engines as long as they exist”006092

German Handelsblatt: Mahle boss in an interview: “We will continue to do what we have been able to do for 100 years – parts for combustion engines as long as they exist”006092

Mahle ist groß geworden mit Kolben und anderen Teilen für Verbrennungsmotoren. Darauf entfallen heute nur noch 40 Prozent des Umsatzes. Aber die Transformation zur Elektromobilität hat der Automobilzulieferer in den vergangenen Jahren mit Akquisitionen teuer erkauft.Der Umsatz stieg 2022 zwar um mehr als zehn Prozent auf über zwölf Milliarden Euro. Der neue Mahle-Chef Arnd Franz sagt: „Operativ schreiben… Continue reading German Handelsblatt: Mahle boss in an interview: “We will continue to do what we have been able to do for 100 years – parts for combustion engines as long as they exist”006092

Clean Technica: China’s Purchasing Power Advantage & Wright’s Law Mean Its Green Investments Go A Lot Further002555

A bunch of headlines have been quite reasonably celebrating the $1.1 trillion in green investments globally in 2022. A few more have been pointing out that almost half, $546 billion, was in China alone. But that’s deeply understating what’s actually going on. China is spending even more than the raw statistics show, and has deep… Continue reading Clean Technica: China’s Purchasing Power Advantage & Wright’s Law Mean Its Green Investments Go A Lot Further002555

Mercedes Claims to Have Achieved Level 3 Automation, Beating Tesla

German automaker Mercedes-Benz claims to have achieved Level 3 autonomy — “conditionally automated” vehicles that can monitor their driving environment and make informed decisions on behalf of the driver, but still require humans to occasionally take over — in the United States, an incremental but noteworthy step towards a future void of steering wheels and… Continue reading Mercedes Claims to Have Achieved Level 3 Automation, Beating Tesla

Inside the industry: the automotive impact of a war in Taiwan

For around a decade now, the automotive industry’s worst-case scenario has kept getting worse, with lowlights ranging from the emissions scandal and its fallout to the pulling forward of electric car mandates by a decade, the ramping up of safety and pollution standards, the pandemic, Russia’s invasion of Ukraine and more. But if you can… Continue reading Inside the industry: the automotive impact of a war in Taiwan

GM begins production of 2024 GMC Hummer SUV in Detroit

General Motors started production Monday of the second electric vehicle in the Hummer family: The 2024 GMC Hummer SUV. That vehicle will hit dealership lots later in the first quarter. GM’s Global Vice President of Buick GMC Duncan Aldred sat down with the media Monday as the first Hummer SUV rolled off the line at… Continue reading GM begins production of 2024 GMC Hummer SUV in Detroit

Ford cuts Mach-E price to compete with Tesla, offers deal to recent buyers too

Ford Motor Co. announced Monday that it’s dropping the price of the 2023 Mustang Mach-E SUV from $600 to $5,900 depending on the model, just weeks after its primary competitor Tesla also cut the cost of its electric vehicles (EVs). “We’re not going to cede ground to anyone,” Marin Gjaja, chief customer officer for Ford… Continue reading Ford cuts Mach-E price to compete with Tesla, offers deal to recent buyers too

Ford’s EV price cuts could pressure profitability, a headwind the automaker needs to address

Ford Motor (F) confirmed Monday what Jim Cramer has been speculating for weeks: Price cuts on its electric vehicles following similar moves by Tesla (TSLA). While engaging in this price war was necessary for Ford to stay competitive and maintain customer demand, we’re concerned about the dent the Club holding faces in profitability. Ford will… Continue reading Ford’s EV price cuts could pressure profitability, a headwind the automaker needs to address