Tag: VW

German FAZ: VW seeks relief from the software crisis008150

In the midst of the struggle over factory closures and mass layoffs, Volkswagen is pushing ahead with a billion-dollar software development pact with its American partner Rivian. On Tuesday evening, the two companies announced that the planned joint venture would begin work on Wednesday. The goal is to bring the VW Group’s first vehicles onto… Continue reading German FAZ: VW seeks relief from the software crisis008150

German FAZ: Why the VW employees in Baunatal are frustrated008149

Carsten Büchling is combative. “There will be no mass layoffs with us and no factory closures,” says the works council chairman of the VW plant in Baunatal. He also sharply criticizes the demands of the company’s board of directors for a pay cut of ten percent: “We will not allow any intervention in the wallets… Continue reading German FAZ: Why the VW employees in Baunatal are frustrated008149

German FAZ: VW gets help from Tesla challenger 008148 with electric cars

Volkswagen has sealed its partnership with the American Tesla challenger Rivian. The first vehicles based on the new electric architecture should roll out as early as 2027, said CEO Oliver Blume at the start of the joint venture in Palo Alto, California. VW increased its investment in the project again: the Wolfsburg-based company wants to… Continue reading German FAZ: VW gets help from Tesla challenger 008148 with electric cars

German Manager Magazine: Audi possibly facing a big Formula 1 deal with Qatar003737

Audi is for his appearance in the formula 1 apparently in conversation with a powerful financier. As various media reports, Qatar’s sovereign wealth fund would like to participate in the team. According to the “Bild” newspaper, a commitment of up to one billion euros is conceivable. But Audi would hardly give up the majority, writes… Continue reading German Manager Magazine: Audi possibly facing a big Formula 1 deal with Qatar003737

German Manager Magazine: Volkswagen: Oliver Blume initiates the end of the software subsidiary Cariad003736

Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Volkswagen: Oliver Blume initiates the end of the software subsidiary Cariad003736

German Manager Magazine: Volkswagen Holding Porsche SE shares fall to four-year low003736

The holding company Porsche SE suffered a drop in profits of a good third between January and September with its core holdings in the weak German auto industry. However, she confirmed the annual targets for profit and net debt after meeting the earnings expectations with the largest participation Volkswagen had already evaporated twice this year.… Continue reading German Manager Magazine: Volkswagen Holding Porsche SE shares fall to four-year low003736

@BMW: Even more performance – even more choice: The new MINI John Cooper Works model family003806

Munich. The five current MINI John Cooper Works models symbolize pure driving fun in its most powerful form and a unique driving experience. With the MINI John Cooper Works Electric and the MINI John Cooper Works Aceman, two fully electric John Cooper Works models are now part of the MINI product portfolio for the first… Continue reading @BMW: Even more performance – even more choice: The new MINI John Cooper Works model family003806

Martinrea International Inc. Reports Solid Third Quarter Results and Declares Dividend

TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the third quarter ended September 30, 2024, and declared a quarterly… Continue reading Martinrea International Inc. Reports Solid Third Quarter Results and Declares Dividend

Can On Semiconductor’s Expanding Treo Platform Push the Stock Higher?

On Semiconductor ON is expanding its reach into high-efficiency power and sensing solutions with the introduction of the Treo Platform, an advanced analog and mixed-signal platform based on the Bipolar-CMOS-DMOS process technology at the 65nm node. This versatile platform is designed to support a wide array of applications across automotive, industrial, healthcare, and data center… Continue reading Can On Semiconductor’s Expanding Treo Platform Push the Stock Higher?