According to the Chamber of Commerce Abroad, 3,651 German companies were in Russia by the beginning of the war. It is not known how many of them have left the Russian market to date. It is well known that a number of companies, including Volkswagen and Siemens, are turning their backs on Russia. Those who… Continue reading German FAZ: In loyalty to Russia004169
Tag: VW
German Manager Magazin: Porsche AG builds Supervisory Board: Hans Dieter Pötsch and Hans Michel Piëch leave Presidium002040
Before the planned IPO next Thursday, Porsche AG is reorganizing its supervisory board and is thus positioning itself a little more independently of the Porsche and Piëch owner families. Hans Michel Piëch (80) and Hans Dieter Pötsch (71) will no longer be members of the Executive Committee of the Supervisory Board; This emerges from a… Continue reading German Manager Magazin: Porsche AG builds Supervisory Board: Hans Dieter Pötsch and Hans Michel Piëch leave Presidium002040
VW’s latest concept is a self-driving travel pod that can replace short flights
Many automakers dream of self-driving cars that are effectively lounges on wheels, but VW is taking things one step further. The brand has unveiled a Gen.Travel “design study” EV that it hopes could replace short flights. The four-person travel pod would be completely autonomous (that is, SAE Level 5) and revolve around a modular interior… Continue reading VW’s latest concept is a self-driving travel pod that can replace short flights
BMW to race at Le Mans in 2024 with M Hybrid V8 LMDh
BMW has announced it will race its M Hybrid V8 hypercar in the FIA World Endurance Championship in 2024, following its entry into the US-based IMSA Sportscar Championship next year. The WEC includes the Le Mans 24 Hours, so 2024 will be the first time that BMW has made an appearance at the iconic event since 1999, when… Continue reading BMW to race at Le Mans in 2024 with M Hybrid V8 LMDh
New VW concept aims to replace short-haul flights
The Volkswagen Group has revealed a new level five autonomous concept that could replace short-haul flights, the firm thinks. The Gen.Travel shows how the VW Group envisages travel will advance over the next decade. The car’s uniquely shaped cabin can be set up in different ways, such as four seats and a central table for business use, or with… Continue reading New VW concept aims to replace short-haul flights
Volkswagen and Belgian utility giant partner on vehicle-to-grid energy storage
Volkswagen is partnering with a Belgian network operator to integrate electric vehicles into the power grid, as more EVs take to the road amid rising energy costs. Volkswagen’s charging unit Elli and re.alto, a startup owned by Brussels-based Elia, signed a memorandum of understanding on Friday to collaborate on ways to integrate EVs into the… Continue reading Volkswagen and Belgian utility giant partner on vehicle-to-grid energy storage
German Handelsblatt: Sports car manufacturer: Porsche is reorganizing the supervisory board – the presidency is being reduced005296
Porsche The VW subsidiary is scheduled to go public next Thursday. (Photo: dpa) Before the planned IPO next Thursday, the sports car manufacturer Porsche is reorganizing its supervisory board. The presidency will also be slimmed down from eight to six people, the Stuttgart-based company announced on Friday. In addition to Hans Michel Piëch, the Chairman… Continue reading German Handelsblatt: Sports car manufacturer: Porsche is reorganizing the supervisory board – the presidency is being reduced005296
German Handelsblatt: Auto supplier: Continental allegedly manipulated quality tests on a large scale005294
Continental headquarters in Hanover At the subsidiary ContiTech, even executives are said to have been involved. (Photo: dpa) According to a magazine report, the automotive supplier Continental has apparently been supplying car companies with contaminated parts for air conditioning systems for over 15 years. In order to conceal the quality defects, test results are said… Continue reading German Handelsblatt: Auto supplier: Continental allegedly manipulated quality tests on a large scale005294
Xinhua Silk Road: Experts forecast upcoming burgeoning period for China’s NEV industry
BEIJING, Sept. 23, 2022 /PRNewswire/ — China’s new energy vehicle (NEV) industry is now about to step into a burgeoning period after going through the initial and growth phases, said experts at the Sino-German Forum on Development of NEV Industry on Wednesday. They, together with scholars and entrepreneurs attending the forum held in Hefei, capital of… Continue reading Xinhua Silk Road: Experts forecast upcoming burgeoning period for China’s NEV industry
German Handelsblatt: IPO: Porsche shares for small investors: What private investors should consider005292
Porsche 718 Spyder The sports car manufacturer Porsche wants to take off on the stock exchange. (Photo: Bloomberg) The market is preparing for new shares: The sports car manufacturer Porsche is planning an IPO for the end of September. He expects a valuation of 70 to 75 billion euros. The company officially announced its intention… Continue reading German Handelsblatt: IPO: Porsche shares for small investors: What private investors should consider005292