ZF Friedrichshafen The automotive supplier is preparing its airbag and seat belt division for a possible partial sale. (Photo: dpa) The automotive supplier ZF Friedrichshafen wants to spin off its airbag and seat belt division and thus prepare for a possible partial sale. The foundation company announced on Wednesday in Friedrichshafen that the decision was… Continue reading German Handelsblatt: Automotive supplier: ZF Friedrichshafen is preparing a possible partial sale of the airbag division005505
Tag: Autonomous
China expands list of sectors for foreign investment, focusing on manufacturing
China‘s state planner on Friday issued the 2022 list of sectors for foreign investment, which has been expanded to encourage foreign capital to flow into manufacturing sectors in a bid to improve industrial and supply chains. The new list, with the number of industries expanding to 519 from 480 in the last publication of eligible sectors in 2020,… Continue reading China expands list of sectors for foreign investment, focusing on manufacturing
German Manager Magazin: Volkswagen: Oliver Blume lowers sales forecast 002105 after profit slump in the third quarter
Due to high one-off costs in the third quarter, the Volkswagen Group suffered a noticeable drop in profits despite a decent run in day-to-day business. In the actual business, the Wolfsburg-based company was able to increase significantly, also because the previous year’s quarter was heavily influenced by Covid restrictions. A multi-billion dollar write-down on the… Continue reading German Manager Magazin: Volkswagen: Oliver Blume lowers sales forecast 002105 after profit slump in the third quarter
German Handelsblatt: Volkswagen: VW with profit surge – but sales forecast lowered005503
Die weltweiten Geschäfte von Volkswagen haben sich in den vergangenen drei Monaten weiter stabilisiert. Deshalb liegt der Wolfsburger Autohersteller nach den ersten drei Quartalen von 2022 bei Umsatz und Ertrag wieder deutlich über dem Vorjahresergebnis.In der Produktion konnte der Konzern die Verluste aus dem ersten Halbjahr zum Teil wieder aufholen. Das gilt besonders für das… Continue reading German Handelsblatt: Volkswagen: VW with profit surge – but sales forecast lowered005503
@niche: A Harvard Business School case study on Navya, an autonomous mobility pioneer, to be included in the MBA curriculum002277
Villeurbanne, France, October 28th, 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, has been […] Villeurbanne, France, October 28th, 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, has been selected to exemplify autonomous mobility in a new Harvard Business School case study to… Continue reading @niche: A Harvard Business School case study on Navya, an autonomous mobility pioneer, to be included in the MBA curriculum002277
@niche: Workhorse Group to settle class action lawsuit over failed USPS bid002278
Reuters Ford, Volkswagen-backed Argo AI to shut down- TechCrunch Argo employees were told that some of them would receive offers from the two automakers, TechCrunch said, adding that it was not clear how many employees would go to Ford, Volkswagen, or lose their jobs. Ford did not immediately respond to a Reuters request for comment,… Continue reading @niche: Workhorse Group to settle class action lawsuit over failed USPS bid002278
Volkswagen Claims Small Electric SUV, Two Entry Level Electric Cars In The Works – CleanTechnica
In an interview with Autocar, Volkswagen Brand CEO Thomas Schäfer said a crossover version of the popular ID.3 hatchback is on the way as the company looks to capitalize on the exploding small SUV market. In his remarks, he said the new model would look dramatically different than the ID.3 when it arrives sometime before… Continue reading Volkswagen Claims Small Electric SUV, Two Entry Level Electric Cars In The Works – CleanTechnica
German Handelsblatt: Volkswagen: VW with profit surge – but sales forecast lowered005500
Die weltweiten Geschäfte von Volkswagen haben sich in den vergangenen drei Monaten weiter stabilisiert. Deshalb liegt der Wolfsburger Autohersteller nach den ersten drei Quartalen von 2022 bei Umsatz und Ertrag wieder deutlich über dem Vorjahresergebnis.In der Produktion konnte der Konzern die Verluste aus dem ersten Halbjahr zum Teil wieder aufholen. Das gilt besonders für das… Continue reading German Handelsblatt: Volkswagen: VW with profit surge – but sales forecast lowered005500
@VW Group: Volkswagen Group operating result increases and recovery in China accelerates006035
Volkswagen Group posted solid financial results in the third quarter in a difficult global environment. Total vehicle deliveries to customers were up in Q3, with overall operating result increasing from EUR 2.6bn in a supply-constricted Q3 2021 to EUR 4.3bn. The Group’s financial performance in Q3 demonstrates how measures to strengthen supply chains have successfully… Continue reading @VW Group: Volkswagen Group operating result increases and recovery in China accelerates006035
German Handelsblatt: Volkswagen: VW with profit surge – but sales forecast lowered005497
Volkswagen profitiert von steigenden Preisen und aktuell hoher Nachfrage Volkswagen-Produktion im Stammwerk Wolfsburg: Die aktuellen Quartalszahlen sind noch sehr ordentlich ausgefallen. Doch schon 2023 könnte alles sehr anders aussehen. (Foto: Reuters) Höhere Auslieferungen und bessere Verkaufspreise haben den Gewinn von Volkswagen kräftig steigen lassen. Im dritten Quartal sprang das operative Ergebnis um knapp zwei Drittel auf… Continue reading German Handelsblatt: Volkswagen: VW with profit surge – but sales forecast lowered005497