Gotion issues GDRs & goes public on the Swiss Stock Exchange

HEFEI, China, July 28, 2022 /PRNewswire/ — On July 28, Gotion High -Tech Co., Ltd. (SZE: 002074 / SSE GDRs: GOTION), the world-leading Chinese power battery manufacturer, officially listed on the Swiss Stock Exchange by issued global depositary receipts(GDR), becoming the first group of Chinese companies that came to Swiss Stock Exchange. The Swiss Stock Exchange and the… Continue reading Gotion issues GDRs & goes public on the Swiss Stock Exchange

Ramkrishna Forgings bags four contracts

Ramkrishna Forgings has won four new contracts worth Rs 388 crore from companies in Europe and North America during Q1FY23. Importantly, one of the new orders involves differential housing cases, thereby enabling the component major to move up the value chain and diversify its product portfolio, the company’s top leadership noted.   Lalit Khetan, whole time director & CFO… Continue reading Ramkrishna Forgings bags four contracts

Jeep Pulls Out of China Over Government Meddling in Business

(Bloomberg) — Stellantis NV shuttered its only Jeep factory in China because local politicians are increasingly meddling in the world’s biggest car market, Chief Executive Officer Carlos Tavares said Thursday. Most Read from Bloomberg The carmaker is implementing an “asset-light” strategy in the country out of concern that rising political tensions between China and the… Continue reading Jeep Pulls Out of China Over Government Meddling in Business

Floats, glides, is light, sustainable and intelligent: Grammer reinventing the center console

From a “framed gearshift lever” to a design highlight for modern interiors   Multivariable module for controls, stowage, and comfort With 30 years of expertise, Grammer a sought-after partner to OEMs worldwide   Grammer AG, July 28, 2022 – Lounge tables that glide silently through the interior, a seamless design featuring shy tech, stylish boxes… Continue reading Floats, glides, is light, sustainable and intelligent: Grammer reinventing the center console

German Handelsblatt: Car manufacturer: Porsche makes more profit – despite fewer sales004892

Porsche factory For the year as a whole, Porsche is aiming for a return of between 17 and 18 percent. (Photo: dpa) The stock market candidate Porsche increased its operating result by almost a quarter to 3.48 billion euros in the first half of the year. With sales growth of 8.5 percent, the return rose… Continue reading German Handelsblatt: Car manufacturer: Porsche makes more profit – despite fewer sales004892

German Manager Magazin: Volkswagen: share increases, Herbert Diess says goodbye with billions in profit001947

Of the Volkswagen-Group has in the first half of the year despite persistent delivery problems microchips and tough corona restrictions in China made a significant jump in profits. The Wolfsburg-based company was able to increase earnings after taxes by a little more than a quarter to a total of 10.6 billion euros compared to the… Continue reading German Manager Magazin: Volkswagen: share increases, Herbert Diess says goodbye with billions in profit001947

German Manager Magazin: Herbert Diess and Volkswagen’s e-car offensive – what remains after four and a half years001946

Herbert Diess (63) was ultimately eliminated from Volkswagen mainly because of numerous problems at the software subsidiary Cariad. But before he wanted to convert the Wolfsburg carmaker into a digital group, he had initiated a different transformation in the first phase of his work at Volkswagen – away from combustion engines and towards electromobility. How… Continue reading German Manager Magazin: Herbert Diess and Volkswagen’s e-car offensive – what remains after four and a half years001946

German Handelsblatt: Numbers after the second quarter: Volkswagen sees improvement in chip supply – The second half of the year should be significantly stronger004891

Production of the ID.4 at VW in Zwickau The mass brands Volkswagen passenger cars, Skoda and Seat have recently been exposed to severe production restrictions due to the chip crisis. (Photo: dpa) Volkswagen is entering the second part of the year with more optimism. “The group expects the product mix to normalize as the semiconductor… Continue reading German Handelsblatt: Numbers after the second quarter: Volkswagen sees improvement in chip supply – The second half of the year should be significantly stronger004891

Global and China Passenger Car T-Box Market Report 2022-2025 – Top 10 OEMs Command 64% Market Shares

DUBLIN, July 28, 2022 /PRNewswire/ — The “Global and China Passenger Car T-Box Market Report, 2022” report has been added to ResearchAndMarkets.com’s offering. Passenger car T-BOX research: T-Box OEM installation rate will reach 83.5% in China in 2025 Global and China Passenger Car T-Box Market Report 2022 summarizes and analyzes the T-Box installations and installation… Continue reading Global and China Passenger Car T-Box Market Report 2022-2025 – Top 10 OEMs Command 64% Market Shares

German Handelsblatt: Numbers after the second quarter: Volkswagen sees improvement in chip supply – The second half of the year should be significantly stronger004888

Production of the ID.4 at VW in Zwickau The mass brands Volkswagen passenger cars, Skoda and Seat have recently been exposed to severe production restrictions due to the chip crisis. (Photo: dpa) Volkswagen is entering the second part of the year with more optimism. “The group expects the product mix to normalize as the semiconductor… Continue reading German Handelsblatt: Numbers after the second quarter: Volkswagen sees improvement in chip supply – The second half of the year should be significantly stronger004888