Oliver Blume Volkswagen and Porsche say that the double solution is not only temporary until the IPO, but permanently. (Photo: imago images / Patrick Scheiber) The announced change in the management of the Volkswagen Group is viewed with skepticism among investors and in financial circles. The Wolfsburg-based car manufacturer is parting ways with CEO Herbert… Continue reading German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004840
Tag: VW
German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004839
Cariad Volkswagen’s software unit was overwhelmed with too many tasks. (Photo: dpa) When Herbert Diess officially hands over the top post at Volkswagen to Oliver Blume at the end of August, he will be leaving his successor a company in the midst of upheaval. Although the 63-year-old initiated the transformation towards electromobility and the development… Continue reading German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004839
Silk-FAW confirms plan to build electric sports cars in Italy
MILAN (Reuters) — Silk-FAW, a start-up of U.S. automotive engineering and design firm Silk EV and Chinese automaker, said on Monday it would press ahead with a plan, worth over one billion euros ($1.02 billion), to build electrified cars in Italy. Silk-FAW will finalize the purchase of the land in the city of Reggio Emilia where… Continue reading Silk-FAW confirms plan to build electric sports cars in Italy
German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004838
Oliver Blume Volkswagen and Porsche say that the double solution is not only temporary until the IPO, but permanently. (Photo: imago images / Patrick Scheiber) The announced change in the management of the Volkswagen Group is viewed with skepticism among investors and in financial circles. The Wolfsburg-based car manufacturer is parting ways with CEO Herbert… Continue reading German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004838
German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004835
Oliver Blume Volkswagen and Porsche say that the double solution is not only temporary until the IPO, but permanently. (Photo: imago images / Patrick Scheiber) The announced change in the management of the Volkswagen Group is viewed with skepticism among investors and in financial circles. The Wolfsburg-based car manufacturer is parting ways with CEO Herbert… Continue reading German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – Volkswagen shares fall by up to 4.6 percent004835
German Handelsblatt: Automaker: A visionary who failed in the implementation – the balance sheet of VW boss Diess004835
Herbert Diess presented the VW ID.3 in 2019 Diess recognized the future of electrified drives early on. (Photo: AP) It actually looked like Herbert Diess would fulfill his three-year contract as VW boss. He was the favorite of the financial markets. In investor circles, he was considered the one who initiated the transformation with electromobility… Continue reading German Handelsblatt: Automaker: A visionary who failed in the implementation – the balance sheet of VW boss Diess004835
The Station: Executive upheaval at VW Group and the tale of two Tesla earnings
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Last week… Continue reading The Station: Executive upheaval at VW Group and the tale of two Tesla earnings
Ferruccio Lamborghini inducted into Automotive Hall of Fame
On July 21, top automotive executives and VIPs gathered at The Icon on the Detroit waterfront to celebrate the induction into the Automotive Hall of Fame of a diverse group of automotive and mobility pioneers from around the globe, including the legendary Ferruccio Lamborghini. Ferruccio Lamborghini was not only instrumental in establishing Automobili Lamborghini in… Continue reading Ferruccio Lamborghini inducted into Automotive Hall of Fame
German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – investors are skeptical004833
Oliver Blume Volkswagen and Porsche say that the double solution is not only temporary until the IPO, but permanently. (Photo: imago images / Patrick Scheiber) The announced change in the management of the Volkswagen Group is viewed with skepticism among investors and in financial circles. The Wolfsburg-based car manufacturer is parting ways with CEO Herbert… Continue reading German Handelsblatt: Volkswagen: Doubts about Oliver Blume’s new dual role – investors are skeptical004833
German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004831
Cariad Volkswagen’s software unit was overwhelmed with too many tasks. (Photo: dpa) When Herbert Diess officially hands over the top post at Volkswagen to Oliver Blume at the end of August, he will be leaving his successor a company in the midst of upheaval. Although the 63-year-old initiated the transformation towards electromobility and the development… Continue reading German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004831