CEO Blume writes his first red quarterly figures. Management is also concerned about a gap in financial planning for the coming year. Go to Source
Tag: VW
German Handelsblatt: Auto industry: VW slips into the red – Porsche burdened011735
Billions in losses at VW: Porsche is dragging the group deep into the red – but there are surprising bright spots when it comes to electric cars and the core brand. Go to Source
German Handelsblatt: Volkswagen: Minus 1.3 billion euros in the third quarter – VW earnings collapse011734
CEO Blume writes his first red quarterly figures. Management is also concerned about a gap in financial planning for the coming year. Go to Source
German Handelsblatt: Volkswagen: Minus 1.3 billion euros – VW earnings collapse011732
CEO Blume writes his first red quarterly figures. Management is also concerned about a gap in financial planning for the coming year. Go to Source
German Handelsblatt: Contract negotiations: Workers at Volkswagen’s US plant ready for strike011730
Only last year, VW workers at the US Chattanooga plant decided to organize a union. Now they gave the green light for possible work stoppages. Go to Source
Lumax Auto Technologies Opens Technology Center in Bengaluru
Lumax Auto Technologies Limited (LATL), a Tier-1 supplier to Indian automotive manufacturers, opened its new Technology Center in Bengaluru on October 30, 2025. The facility, named the Smart Hub for Innovation and Future Trends (SHIFT), will focus on developing electronics engineering and digital capabilities for software-defined vehicles. The center will conduct research and product development… Continue reading Lumax Auto Technologies Opens Technology Center in Bengaluru
Lumax Auto Technologies Opens Technology Center in Bengaluru
Lumax Auto Technologies Limited (LATL), a Tier-1 supplier to Indian automotive manufacturers, opened its new Technology Center in Bengaluru on October 30, 2025. The facility, named the Smart Hub for Innovation and Future Trends (SHIFT), will focus on developing electronics engineering and digital capabilities for software-defined vehicles. The center will conduct research and product development… Continue reading Lumax Auto Technologies Opens Technology Center in Bengaluru
German Handelsblatt: Auto industry: VW takes stock of the third quarter – Porsche charged011729
The VW core brand is benefiting from the austerity program, while Porsche is making high losses. How are electric cars and other brands doing in the current quarterly balance sheet? Go to Source
German Handelsblatt: Media report: Porsche SE is apparently considering joining the Volkswagen engine subsidiary Everllence011728
The sale process for Everllence could begin at the beginning of next year. The company produces, among other things, diesel engines for ships and generators for power plants. Go to Source
The Toyota Corolla EV is bringing a sharp new look, but that’s just the start [Images]
Toyota’s best-selling car is finally going electric. The Corolla EV looks more like a Porsche or BMW than the Toyota vehicles on the road today, but that’s just the start. The Toyota Corolla is evolving into a rad-looking EV After revealing the Corolla Concept for the first time at the Japan Mobility Show on Tuesday,… Continue reading The Toyota Corolla EV is bringing a sharp new look, but that’s just the start [Images]