VW will not release its cars for longer than expected

D The car maker Volkswagen expects due to the new emissions test with an even longer dry spell than previously known. “This topic will occupy us for a few months until we come back to a normal driving style in the plants,” wrote CEO Herbert Diess to the employees. Because of the from 1 September… Continue reading VW will not release its cars for longer than expected

So dependent are the car manufacturers of China

D he German automakers are becoming increasingly dependent on the Chinese market. Last year Volkswagen sold two out of five cars in China, according to a report published on Tuesday by the Center for Automotive Management (CAM) in Bergisch Gladbach. Audi Every third sold there, BMW every fourth and Daimler every fifth. According to CAM… Continue reading So dependent are the car manufacturers of China

Auto duties are not off the table

D onald Trump threatens with additional duties on cars and car parts. The consequence of this would be grave, especially compared to the import surcharges for steel and aluminum, which the American president has already set in motion for manufacturers from Europe. The stock market development of BMW, Daimler and Volkswagen speaks for itself –… Continue reading Auto duties are not off the table

Why the Chinese chose Thuringia? to have

e s sounds once surprisingly: The Chinese group CATL is investing 240 million euros in a highly modern car battery factory in Thuringia. Thuringia – that was this low-wage country, you have to drive through, if you want to go from Berlin to Munich. So why are the Chinese now building the heart of the… Continue reading Why the Chinese chose Thuringia?
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Auto stocks in the acid test

e It was the German afternoon on Friday afternoon, when the 45th President of the United States was doing his favorite thing in faraway Washington: Donald Trump tweeted. His message moved – as the President likes it – immediately the stock exchanges. In Germany, shortly before the market closed, the prices of German automakers Daimler,… Continue reading Auto stocks in the acid test

Apple developer is spied on for Chinese company to have

e former Apple employees have been arrested in the United States on suspicion of trade secrets to a Chinese company. Xiaolang Zhang is due during his parental leave Apple He has downloaded carefully-guarded information about a self-driving car onto his laptop and shared it with start-up Xiaopeng Motors, according to the FBI’s indictment. In addition,… Continue reading Apple developer is spied on for Chinese company
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Salaries in Dax companies diverges

D The salary gap in Germany’s top corporations has increased in the past year. The executives of the 30 Dax companies earned an average of 52 times as much as their employees, as a study published on Thursday in Frankfurt by the German Association for the Protection of Securities ( DSW ) and the Technical… Continue reading Salaries in Dax companies diverges

Chinese billionaire becomes largest shareholder Daimler

Friday, 02/23/2018 19:42 clock The Chinese carmaker Geely makes serious with the billion dollar entry into the German traditional group Daimler and becomes the largest single shareholder in one go. Geely CEO Li Shufu has secured 9.69 percent of the shares through an investment company, according to a voting rights announcement. Geely is one of… Continue reading Chinese billionaire becomes largest shareholder
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Bund admits Daimler deadline for the clarification of exhaust gas allegations on

Monday, 05/28/2018 11:43 clock Daimler should be at the behest of Federal Transport Minister Andreas Scheuer Quick clarity on the extent of the case Mercedes created diesel cheat software. The carmaker and the authorities wanted to find out in an in-depth exchange on the highly complex technical questions, how many models are exactly affected, explained… Continue reading Bund admits Daimler deadline for the clarification of exhaust gas allegations
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