Worker leader and crisis manager: Bertold Huber – the red disruptor

When Berthold Huber moves into the small apartment in the Leipzig hotel “Astoria” next to the train station, he feels a bit lost. But he did that for himself. It is the year 1990 and his IG Metall had actually intended to take over the members of the GDR sister organization just like that –… Continue reading Worker leader and crisis manager: Bertold Huber – the red disruptor

Croatia could be center of auto industry in Europe: Rimac

ZAGREB, June 28 (Xinhua) — Croatian Prime Minister Andrej Plenkovic, accompanied by five ministers, visited on Friday the headquarters of Rimac Automobili in the suburb of Zagreb, where the company's CEO Mate Rimac presented an analysis on how to attract automotive industry in Croatia.
Rimac, the founder of the electric vehicle technology company, believed that Croatia could be the center of the future automotive industry in Europe.
“The automotive industry is changing like never before. In the next 10 to 20 years, the industry will change more than it has changed in the last 100 years. And that is an opportunity for Croatia,” Mate Rimac said at a press conference after the meeting.
Rimac Automobili is very successful, he explained, because it started producing electrical vehicle technology at the right time when it was still a new thing on the market. He stressed the significance of the auto industry and the huge impact it could have on the Croatian economy.
Croatian Prime Minis..

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2019-07-01

HAVI’s alternative fuels partnership with Scania is making excellent progress in Germany. HAVI will soon operate one of the country’s largest liquefied gas vehicle…

2019-06-28

Volkswagen is donating two Volkswagen Multivan minibuses to the International Auschwitz Committee (IAC). …

2019-06-28

As of 1st July 2019, the Volkswagen Group will introduce a worldwide Sustainability Rating for its suppliers. …

2019-06-27

The Spanish Gas Association (Sedigas) acknowledged SEAT with the “Energy and Sustainability” award in recognition of the carmaker’s commitment…

2019-06-27

Volkswagen AG sets placement price at EUR 27.00 per TRATON share.

2019-06-27

Volkswagen is entering the growing car sharing sector. WeShare is being launched in Berlin today. …

2019-06-27

Stephan Weil, Minister President of Lower Saxony, visited the Volkswagen Commercial Vehicles (VWCV) site in Hannover today..

BMW executive calls EVs ‘overhyped’ at company event about EVs

BMW executive and board member Klaus Fröhlich told reporters this week that the shift to cars powered by electricity is “overhyped,” and said that there is “no” consumer demand for them. Curiously, Fröhlich made these comments at an event where BMW proudly announced it will accelerate plans to release 25 cars that are partially or… Continue reading BMW executive calls EVs ‘overhyped’ at company event about EVs

Ionity to expand EV fast charger network at Extra services

EV charging network Ionity, backed by BMW, Daimler, Ford and the VW Group, has partnered with Extra MSA Group to expand its network of fast chargers at motorway service stations across the UK.  Up to six 350kW fast chargers will be installed at eight Extra’s motorway service areas, starting this year with the company’s £60m Skelton Lake,… Continue reading Ionity to expand EV fast charger network at Extra services

Management of Volkswagen Navarra presents its proposal for agreement of the third model to the works committee

PAMPLONA, June 28 (EUROPA PRESS) – The management of Volkswagen Navarra has presented this Friday to the works committee its proposal of agreement of the third model of the factory. The definitive text to be agreed will be sent to the Volkswagen center in Wolfsburg (Germany), with the aim of “getting the award of a… Continue reading Management of Volkswagen Navarra presents its proposal for agreement of the third model to the works committee

The future of BMW’s boss in suspense

Harald Krüger is apparently worried about his future at the helm of Bavarian automaker BMW. His contract, which expires in May 2020, may not be renewed, according to the daily “Handelsblatt”. “An extension is no longer considered within the group as the most likely variant,” writes Friday the German business newspaper, while the supervisory board… Continue reading The future of BMW’s boss in suspense

IPO in the second attempt: VW subsidiary Traton disappointed in IPO

Volkswagen Traton consists of the VW subsidiaries MAN and Scania and the Brazilian commercial vehicle subsidiary Did Andreas Renschler want too much? Instead of the initially expected six billion euros in proceeds from the issue, Traton’s IPO plays just over a quarter of it in the fund. Volkswagen’s truck and bus business is considered a… Continue reading IPO in the second attempt: VW subsidiary Traton disappointed in IPO

Plus and minus in Ruesselsheim

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With Traton, Volkswagen sends its trucks on the stock market

Volkswagen’s trucks and buses hit the stock market. Traton, the truck branch of the manufacturer, which includes the brands MAN and Scania, makes its introduction this Friday in Frankfurt and Stockholm. But it does not arrive on the hats of wheels: at 27 euros the action, the price is in the low range Volkswagen plans,… Continue reading With Traton, Volkswagen sends its trucks on the stock market