German FAZ: Volkswagen and BMW depend on Tesla008161

Markets could hardly develop more differently: While strong growth and a sales record were once again achieved in China with 673,000 electric cars sold in October, the market in Germany fell by five percent to around 35,500 cars. Even if the German manufacturers are still hardly relevant in the two large electric car markets of… Continue reading German FAZ: Volkswagen and BMW depend on Tesla008161

German FAZ: VW management should also forgo salary 008160

When the corona pandemic raged four years ago, executives of some DAX companies wanted to set an example. Ola Källenius, CEO of the Mercedes Group, then still Daimler, and Elmar Degenhart from Continental gave up part of their remuneration. Christian Klein from SAP and other managers also joined in. According to the message, the epidemic… Continue reading German FAZ: VW management should also forgo salary 008160

German FAZ: The anti-Tesla as a Volkswagen helper008161

No way, the name says it all. Even though Rivian produces its electric cars in a town called Normal, pretty much nothing is normal at this American car manufacturer, which no one knows whether it should still be called a start-up or already part of the new elite. On the one hand, in rural Illinois… Continue reading German FAZ: The anti-Tesla as a Volkswagen helper008161

German FAZ: Painful changes008162

There is currently one bad news after another in the greater Kassel area: In addition to the fears for jobs at the Volkswagen plant in Baunatal, there is now the loss of up to 750 jobs at the inverter manufacturer SMA Solar in Niestetal. Of all things, this is a company that had great hopes… Continue reading German FAZ: Painful changes008162

German Manager Magazine: Auto industry: Job advertisements collapse by almost 30 percent003743

The crisis in the German auto industry is also reflected in the job market. The number of job offers from companies in the automotive sector has recently fallen significantly. According to an analysis by Index Research, around 88,100 positions were advertised nationwide between January and October 2024. This corresponds to a drop of 28 percent… Continue reading German Manager Magazine: Auto industry: Job advertisements collapse by almost 30 percent003743

Retro roundup: can EVs go further than their classic counterparts?

Electric versions of popular classic cars are making a comeback. But how do their range and running costs compare? The future might be electric, but some car makers are going back through their archives when designing their new models. Retro EVs based on popular classic models are very fashionable right now, with modern reinterpretations of… Continue reading Retro roundup: can EVs go further than their classic counterparts?

Toyota Hyryder sales cross 100,000 units, midsize SUV turns best-selling rebadged model

The Toyota Urban Cruiser Hyryder, Toyota Kirloskar Motor’s first midsize SUV launched on September 9, 2022, has become the second rebadged model in the company’s passenger vehicle portfolio to drive past cumulative 100,000 wholesales in India. At the end of October 2024, the Toyota Hyryder had chalked up a total of 107,975 units, having crossed… Continue reading Toyota Hyryder sales cross 100,000 units, midsize SUV turns best-selling rebadged model