Honda faces the real cost of Brexit in a former Spitfire plant

BMW UK plants: Mini, Oxford (4,000 staff); Rolls-Royce, Goodwood (1,700); engines, Hams Hall, Birmingham (800); bodywork, Swindon (850) Makes: Minis, all Rolls-Royce model HONDA UK plants: Cars and engines, Swindon (4,000 staff) Makes: Civic NISSAN UK plant: Cars and engines, Sunderland (7,000 employees) Makes: Qashqai, Leaf, Juke ___________________________________________________________________________________________ Such are the surreal options facing Honda… Continue reading Honda faces the real cost of Brexit in a former Spitfire
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The car syndicate

VW, Audi, Porsche, BMW and Daimler formed a cartel for years – one of the largest in German economic history – DER SPIEGEL 2017/30 scandals The diesel affair is not a failure of individual companies. It is the result of a year-long Kungelei German automaker. Audi, BMW, Daimler, Volkswagen and Porsche spoke in more than… Continue reading The car syndicate

US prosecutors should Diess free escort assure

Monday, 07/05/2018 14:53 clock Herbert Diess apparently in spite of the smoldering diesel scandal in the USA traveling without fear of being arrested. That reports Bloomberg citing two persons familiar with the case. Investigators therefore assured Diess to inform him in advance should the prosecutor sue him in connection with the investigation of emissions abuses,… Continue reading US prosecutors should Diess free escort
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EU to Trump: $ 300 billion in retaliation for auto duties

Z The American President attacks aggressively aggressively Donald Trump the European Union: While he likes the European states, the EU is an institution to the detriment of the United States, he said just during a campaign meeting in the state of North Dakota. The French President Emmanuel Macron he allegedly a favorable “deal” offered, if… Continue reading EU to Trump: $ 300 billion in retaliation for
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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

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

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