German FAZ: VW will produce normally next week010138

Despite the chip crisis, there will be no production downtimes at Volkswagen next week. As things stand today, vehicle production at the German locations will be secured for the coming week, the group said. “The delivery bottlenecks at the Dutch chip manufacturer Nexperia continue to have no impact on production at the Volkswagen brand’s vehicle… Continue reading German FAZ: VW will produce normally next week010138

German Manager Magazine: Porsche: Profit slump of 95.9 percent in the first three quarters004512

The car manufacturer Porsche is making a heavy loss due to its severe crisis: burdens from the strategic realignment led to an operating loss of almost one billion euros in the third quarter. From January to September, the Group’s operating result shrank to a full 40 million euros from a good four billion euros a… Continue reading German Manager Magazine: Porsche: Profit slump of 95.9 percent in the first three quarters004512