The car manufacturer is driving because of supply bottlenecks ford down its production. Short-time work had been requested for the coming week, and the Fiesta factory work was then suspended, a Ford spokeswoman said on Friday. She didn’t give any reasons. According to a report in the “Bild” newspaper, this is due to components that… Continue reading German Manager Magazine: Ford: Short-time work in Cologne, Fiesta production rests001661
Tag: Possible_Terrorism_Warfare
Passenger car registrations are reduced by 30% in March
April 1, 2022 Posted by: Jorge Platero Categories: Featured press, Press releases Light commercial vehicle registrations fell 46.5% in the month compared to March 2021, to 9,635 units. Industrial vehicles, buses, coaches and microbuses increased slightly in March with 3% more, up to 2,245 units. In the accumulated figure for the year, sales of passenger… Continue reading Passenger car registrations are reduced by 30% in March
VW to give its green light for Audi, Porsche to enter F1 – sources, article with gallery
HAMBURG, March 31 (Reuters) – Audi and Porsche owner Volkswagen (VOWG_p.DE) is likely to give the green light for the two brands to make their entry into motor racing’s Formula One at a meeting next week, two sources familiar with the matter said on Thursday. “We will hopefully be able to communicate our intention to… Continue reading VW to give its green light for Audi, Porsche to enter F1 – sources, article with gallery
Bosch Rexroth on clear growth track
“We have had a successful year 2021 – thanks to strong team performance. Despite the pandemic and economic challenges, we have succeeded in increasing sales, reliably delivering to our customers, and further increasing their satisfaction. We have reached a new high on incoming orders. We are clearly on a growth track,” explains Rolf Najork, member… Continue reading Bosch Rexroth on clear growth track
German Manager Magazin: Largest car manufacturers in the world and how the market is changing001654
“Anyone who looks at the auto industry is looking at an industry that has gone through a chain of crises in recent years and is still going through it,” says Fabian Brandt (46), head of the global automotive business at the management consultancy Oliver Wyman. Shock news followed shock news. Fabian Brandt Enlarge image Photo:… Continue reading German Manager Magazin: Largest car manufacturers in the world and how the market is changing001654
Biden eyes boost to mining of minerals for electric vehicles
USA President Joe Biden WASHINGTON: Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the batteries used in electric vehicles. That’s according to a person familiar with the White House plans who insisted on… Continue reading Biden eyes boost to mining of minerals for electric vehicles
GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
▪11.2% increase in GRAMMER Group revenue to about EUR 1.9 billion, driven chiefly by the Commercial Vehicles Division (up 31.0%)▪ Operating EBIT improved from EUR -11.7 million to EUR 22.8 million▪ APAC enjoyed considerable growth (up 19.8%), AMERICAS region in need of restructuring▪ Business performance in H2 2021 affected by reduced and volatile customer call-offs… Continue reading GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
German Handelsblatt: Automotive suppliers: Raid on tire manufacturers in India – Continental included004062
Continental Continental shares lost more than four percent, making it one of the biggest Dax losers. (Photo: dpa) According to insiders, several tire companies in India have been searched on suspicion of possible violations of competition law. Among them is the sales office of the German company Continental in the city of Faridabad, as the… Continue reading German Handelsblatt: Automotive suppliers: Raid on tire manufacturers in India – Continental included004062
@VW Group: Porsche SE reports group result after tax of 4.6 billion euro for the fiscal year 2021004816
Stuttgart, 29 March 2022. Porsche Automobil Holding SE (“Porsche SE”), Stuttgart, reported a group result after tax of 4.6 billion euro for the fiscal year 2021 (prior year: 2.6 billion euro). The group result after tax was significantly influenced by the result from the core investment in Volkswagen AG, Wolfsburg, accounted for at equity of 4.6… Continue reading @VW Group: Porsche SE reports group result after tax of 4.6 billion euro for the fiscal year 2021004816
Electric car: Battery cost drives up prices at Tesla
With nearly 25,000 registrations, Tesla’s Model 3 has won the title of best-selling electric car in France in 2021, but repeating the performance will be complicated this year. The manufacturer’s website announces a delivery time of nine months for the basic version and, above all, its price jumped in a few days: between the beginning… Continue reading Electric car: Battery cost drives up prices at Tesla