Tag: VW

German FAZ: Swedish battery manufacturer Northvolt applies for bankruptcy protection008204

After a long struggle to find new financing, the Swedish battery manufacturer Northvolt has filed for bankruptcy protection under Chapter 11 of the American bankruptcy code. As the company announced on Thursday evening, this will enable it to “restructure its debts, adapt the business based on current customer needs and create growth prospects.” At the… Continue reading German FAZ: Swedish battery manufacturer Northvolt applies for bankruptcy protection008204

German FAZ: VW workforce is “ready to fight”: What will the third round of collective bargaining bring?008202

The most important thing for you on Thursday: 1. VW workforce is “ready for battle”2. “A black day for Ford”3. Cum-ex key witness is in court4. Will a climate compromise be achieved in Baku?5. Fine-tuning for the Thuringian Blackberry Coalition6. Destroyed Baltic Sea cables: Freighter suspected of sabotage7. A film about power and intrigue in… Continue reading German FAZ: VW workforce is “ready to fight”: What will the third round of collective bargaining bring?008202

German FAZ: VW workforce is “ready to fight”: What will the third round of collective bargaining bring?008202

The most important thing for you on Thursday: 1. VW workforce is “ready for battle”2. “A black day for Ford”3. Cum-ex key witness is in court4. Will a climate compromise be achieved in Baku?5. Fine-tuning for the Thuringian Blackberry Coalition6. Destroyed Baltic Sea cables: Freighter suspected of sabotage7. A film about power and intrigue in… Continue reading German FAZ: VW workforce is “ready to fight”: What will the third round of collective bargaining bring?008202

German Manager Magazine: Tesla Model 3 once again comes last in the TÜV defect report 003755

More than one in five cars recently failed the general TÜV inspection with “significant” or even “dangerous defects”. The share of 20.6 percent corresponds to the long-term level, according to the TÜV report published on Thursday. At least the defects in German cars don’t seem to be increasing, even though they are getting older on… Continue reading German Manager Magazine: Tesla Model 3 once again comes last in the TÜV defect report 003755

German Manager Magazine: Northvolt files for bankruptcy protection in the USA, Heide should continue to operate as before003755

The Swedish battery cell manufacturer Northvolt, once set up to set up independent battery cell production for electric cars in Europe, is seeking protection under Chapter 11 of bankruptcy law in the USA. The financially troubled company announced this on Thursday. The restructuring process protects the company of co-founder and CEO Peter Carlsson (54) from… Continue reading German Manager Magazine: Northvolt files for bankruptcy protection in the USA, Heide should continue to operate as before003755

German Manager Magazine: Volkswagen: Collective bargaining round ends without agreement – ​​warning strikes possible from December003754

Volkswagen is heading for a labor dispute before Christmas in a dispute with its workforce over billions in savings. IG Metall negotiator Thorsten Gröger said on Thursday in Wolfsburg that the union is now proposing a vote on warning strikes from December 1st. “If necessary, it will be a labor dispute that the Federal Republic… Continue reading German Manager Magazine: Volkswagen: Collective bargaining round ends without agreement – ​​warning strikes possible from December003754

In high-wage Germany, VW’s labour costs outstrip the competition

The dataunderscores the company’s challenge to remain competitive in its pricey home market as cheaper models from China arrive. As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion of sales… Continue reading In high-wage Germany, VW’s labour costs outstrip the competition

US senators push auto safety agency to finalise vehicle rules

A 2021 infrastructure law included 10 new auto safety provisions including modernizing standards for crash avoidance technologies, automatic engine shutoff devices and headlights. A group of nine Democratic senators on Wednesday urged U.S. auto regulators to move quickly to issue new vehicle safety rules in the face of traffic deaths that remain significantly above pre-COVID… Continue reading US senators push auto safety agency to finalise vehicle rules