German Handelsblatt: Sports car manufacturer: Porsche increases profits much more than sales005502

Porsche-Händler in Dortmund Zwischen Januar und September lieferte die VW-Tochter 221.512 Neuwagen aus, ein Plus von zwei Prozent gegenüber dem Vorjahreszeitraum. (Foto: Bloomberg) Der Börsenneuling Porsche hat den Gewinn in den ersten neun Monaten sprunghaft gesteigert. Während der Umsatz um knapp 16 Prozent auf 26,7 Milliarden Euro wuchs, schnellte der operative Gewinn um rund 40 Prozent… Continue reading German Handelsblatt: Sports car manufacturer: Porsche increases profits much more than sales005502

Volkswagen Group to double its IT workforce to 3,500 staffers in India by 2024

The Volkswagen Group has announced plans to significantly grow its IT team in India. The company aims at doubling its workforce to 3,500 employees by the end of 2024. Volkswagen Group Technology Solutions India (VWITS) is the global in-house capability center providing IT & technology solutions to Volkswagen AG, its ten brands and multiple regional… Continue reading Volkswagen Group to double its IT workforce to 3,500 staffers in India by 2024

The Lake District village that’s pioneering community e-bike schemes

Electric bike sharing schemes are becoming hugely popular in many cities and regions of the UK – but a new initiative is out to showcase that they could have an even greater impact on smaller rural communities. The residents of the picturesque community of Staveley in the heart of the Lake District in Cumbria have… Continue reading The Lake District village that’s pioneering community e-bike schemes

@niche: Workhorse Group to settle class action lawsuit over failed USPS bid002278

Reuters Ford, Volkswagen-backed Argo AI to shut down- TechCrunch Argo employees were told that some of them would receive offers from the two automakers, TechCrunch said, adding that it was not clear how many employees would go to Ford, Volkswagen, or lose their jobs. Ford did not immediately respond to a Reuters request for comment,… Continue reading @niche: Workhorse Group to settle class action lawsuit over failed USPS bid002278

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BERLIN, Oct 28 (Reuters) – Volkswagen’s (VOWG_p.DE) chief executive warned on Friday that supply chain problems were now the rule and not the exception, with the carmaker sitting on 150,000 unfinished vehicles because of lacking parts. Volkswagen has set up a separate unit to evaluate threats to supply security, gathering data from across the supply… Continue reading Untitled

Volkswagen Claims Small Electric SUV, Two Entry Level Electric Cars In The Works – CleanTechnica

In an interview with Autocar, Volkswagen Brand CEO Thomas Schäfer said a crossover version of the popular ID.3 hatchback is on the way as the company looks to capitalize on the exploding small SUV market. In his remarks, he said the new model would look dramatically different than the ID.3 when it arrives sometime before… Continue reading Volkswagen Claims Small Electric SUV, Two Entry Level Electric Cars In The Works – CleanTechnica

German Handelsblatt: Volkswagen: VW with profit surge – but sales forecast lowered005500

Die weltweiten Geschäfte von Volkswagen haben sich in den vergangenen drei Monaten weiter stabilisiert. Deshalb liegt der Wolfsburger Autohersteller nach den ersten drei Quartalen von 2022 bei Umsatz und Ertrag wieder deutlich über dem Vorjahresergebnis.In der Produktion konnte der Konzern die Verluste aus dem ersten Halbjahr zum Teil wieder aufholen. Das gilt besonders für das… Continue reading German Handelsblatt: Volkswagen: VW with profit surge – but sales forecast lowered005500

German Handelsblatt: Sports car manufacturer: Porsche increases profits much more than sales005499

Porsche dealer in Dortmund Between January and September, the VW subsidiary delivered 221,512 new cars, an increase of two percent compared to the same period last year. (Photo: Bloomberg) The stock market newcomer Porsche has increased its profit by leaps and bounds in the first nine months. While sales grew by almost 16 percent to… Continue reading German Handelsblatt: Sports car manufacturer: Porsche increases profits much more than sales005499

Scania Interim Report January-September 2022

SÖDERTÄLJE, Sweden, Oct. 28, 2022 /PRNewswire/ — The third quarter has been characterised by a continued unstable macroeconomic and geopolitical situation. High inflation, interest rate hikes and energy crisis in Europe now point to a weaker economic development. Summary of the third quarter 2022 Net sales increased by 29 percent to SEK 42,492 m. (32,818) Adjusted… Continue reading Scania Interim Report January-September 2022

@VW Group: Volkswagen Passenger Cars stays on track in difficult environment006036

The Volkswagen Passenger Cars brand further strengthened its economic efficiency in a persistently difficult environment. At almost EUR 2.5 billion, the operating result before special items for the first nine months of the current year was double the figure for the same prior-year period (EUR 1.2 billion), sales revenue rose to EUR 52 billion (prior-year… Continue reading @VW Group: Volkswagen Passenger Cars stays on track in difficult environment006036