German FAZ: How the VW crisis is affecting the North Hesse economy008123

The mood in North Hesse’s industry is depressed, but better than in other parts of the country. This finding from the latest economic survey by the Kassel-Marburg Chamber of Commerce and Industry is surprising given the feared job cuts at Volkswagen, the largest employer in the region. It is still unclear what the cuts announced… Continue reading German FAZ: How the VW crisis is affecting the North Hesse economy008123

German FAZ: Are all Tesla drivers crazy?008123

For some time now, a slightly modified form of the old Prince anthem “My Bicycle” has been circulating in kindergartens and better-behaved schoolyards. The name of a single car brand has been exchanged almost imperceptibly: “Every booger drives an Opel/Every monkey drives a Ford/Every idiot drives a Porsche/Every idiot drives an Audi Sport/Every crazy drives… Continue reading German FAZ: Are all Tesla drivers crazy?008123

German FAZ: Tesla is falling behind in the German market for electric cars008123

As of October, BMW has 33,167 new registrations of purely battery-operated electric cars (BEV) in the current year and is overtaking Tesla, which has 31,461 new registrations. The undisputed number one is VW with 49,234 electric vehicles. Both VW and Tesla are doing significantly worse in the currently weak BEV market than a year ago.… Continue reading German FAZ: Tesla is falling behind in the German market for electric cars008123

German Manager Magazine: Lithium from Germany: Vulcan Energy starts pilot production003722

The startup Vulcan Energy is coming up with a plan to produce lithium for electric car batteries Germany an important step further. On Friday, the company commissioned a demonstration plant that produces lithium hydroxide in the Frankfurt-Höchst industrial park. The white powder is required by battery cell producers. It is obtained from thermal water from… Continue reading German Manager Magazine: Lithium from Germany: Vulcan Energy starts pilot production003722

German Manager Magazine: Toyota wants to invest more than a billion dollars in Mexico003722

The Japanese car company Toyota wants despite the re-election of Donald Trump (78) to the US President to invest 1.45 billion dollars in its locations in Mexico. “The investment is intended for the production of the new generation of Tacoma and Tacoma hybrid electric pickup trucks and will create 1,600 new jobs,” the Mexican Economy… Continue reading German Manager Magazine: Toyota wants to invest more than a billion dollars in Mexico003722

German Manager Magazine: VW: Works council defends itself against demanded wage cuts003723

The VW works council is resisting the wage cuts demanded by the company. Personnel expenses only accounted for 17 percent of all costs in the group, according to a special edition of the works council newspaper “Mitdeterminieren”, which is available to the German Press Agency. “Just criticizing labor costs is unfair,” writes the employee representatives.… Continue reading German Manager Magazine: VW: Works council defends itself against demanded wage cuts003723

German Manager Magazine: Climate sinners in the Dax: Brenntag, MTU Aero Engines and Vonovia003722

At the end of November 2023 it was brimming RWE-Boss Markus Krebber (51) is brimming with optimism. At the group’s Capital Markets Day in London, the trained banker announced his green master plan, which quite a few industry and corporate insiders consider to be quite risky  . According to this plan, the RWE boss wants… Continue reading German Manager Magazine: Climate sinners in the Dax: Brenntag, MTU Aero Engines and Vonovia003722

Jaguar F-Pace to be axed globally in 2026

The Jaguar F-Pace will be axed globally in early 2026, JLR CEO Adrian Mardell has confirmed, after it was pulled from sale in the UK. Jaguar no longer sells any new cars in its home market and won’t until its all-new four-door electric GT arrives in summer 2026. “We’ve reviewed all of the Jaguar nameplates,” said Mardell.… Continue reading Jaguar F-Pace to be axed globally in 2026

Jaguar to enter new era with concept car debut on 2 December

Jaguar is set to enter its next era with the unveiling of a new concept car previewing its long-awaited electric GT on 2 December. Autocar previously reported that the radical concept is due next month, and the brand has now said that the “next stage in Jaguar’s transformation” will be revealed at Miami Art Week on 2 December. The… Continue reading Jaguar to enter new era with concept car debut on 2 December