Renault boss Luca de Meo said: “Today, we have taken a difficult but necessary decision; and we are making a responsible choice towards our 45,000 employees in Russia, while preserving the group’s performance and our ability to return to the country in the future, in a different context.” Go to Source
Tag: Possible_Terrorism_Warfare
German Manager Magazin: Renault: Automaker sells all Russian holdings – with buyback option for Avtovaz001778
The French carmaker Renault presents its activities in Russia because of the war in the Ukraine completely and sells all shares in the company. As the group announced on Monday in Boulogne-Billancourt, Renault is selling all its shares in Renault Russia to the city of Moscow and its stake in the manufacturer Avtovaz to the… Continue reading German Manager Magazin: Renault: Automaker sells all Russian holdings – with buyback option for Avtovaz001778
German Manager Magazin: Insider report: The war is shifting the basic rules of the German economy001778
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Insider report: The war is shifting the basic rules of the German economy001778
German Manager Magazin: Ifo analysis: Record order backlog in industry001779
The interrupted supply chains have been a burden for numerous companies for months: According to a survey, German industry is sitting on a record high order mountain. Even without a single new order, it could continue to produce for another 4.5 months, according to the analysis of the April Ifo business survey published on Monday.… Continue reading German Manager Magazin: Ifo analysis: Record order backlog in industry001779
Ford finally bids adieu
Ford is in the news and, once again, for all the wrong reasons. The company has gone back on its intent to manufacture electric vehicles in India for overseas markets as part of the Centre’s production-linked incentive scheme. In the process, it did not quite cover itself in glory with this fickle approach. Ford will… Continue reading Ford finally bids adieu
Breach of promise for electric cars
Both the party programs and the government platform are crystal clear that electric cars under NOK 600,000 will not pay VAT. – That the government, completely without warning, runs from this promise is very serious, says Erik Andresen in Bilimportørenes Landsforening. The Revised National Budget, which was presented today, states that the government will introduce… Continue reading Breach of promise for electric cars
@VW Group: CEO Herbert Diess at the Annual General Meeting: “Volkswagen delivered – financially and strategically”005042
The Volkswagen Group is making good progress with its transformation into a sustainable, software-centric mobility provider, despite a challenging environment. Speaking at the virtual Annual General Meeting, CEO Diess said: “We delivered in 2021. Backed by good crisis management, we are financially robust and have strengthened our resilience. At the same time, we have made… Continue reading @VW Group: CEO Herbert Diess at the Annual General Meeting: “Volkswagen delivered – financially and strategically”005042
Ford drops India plans for EV exports
Ford has withdrawn its application from the Centre’s production-linked incentive (PLI) scheme for export of electric vehicles. Consequently, the company will not use any of its existing facilities in India for this purpose. Speculation was rife that the Maraimalainagar plant near Chennai would be the right for EV manufacturing since reports have been doing the… Continue reading Ford drops India plans for EV exports
Electric vehicle maker Arrival turns back on Russia despite founder’s links
UK-based group set up by former Russian minister shuts operations in country over Ukraine war Go to Source
@VW Group: Group result after tax increases significantly in the first three months of 2022 to 2.1 billion euro005025
Stuttgart, 10 May 2022. Porsche Automobil Holding SE (“Porsche SE”), Stuttgart, generated a group result after tax of 2.1 billion euro in the first three months of the fiscal year 2022, more than doubling its result compared to the same period in the prior year (995 million euro). The group result after tax was significantly influenced… Continue reading @VW Group: Group result after tax increases significantly in the first three months of 2022 to 2.1 billion euro005025