German FAZ: VW management should also forgo salary 008160

When the corona pandemic raged four years ago, executives of some DAX companies wanted to set an example. Ola Källenius, CEO of the Mercedes Group, then still Daimler, and Elmar Degenhart from Continental gave up part of their remuneration. Christian Klein from SAP and other managers also joined in. According to the message, the epidemic… Continue reading German FAZ: VW management should also forgo salary 008160

German FAZ: The anti-Tesla as a Volkswagen helper008161

No way, the name says it all. Even though Rivian produces its electric cars in a town called Normal, pretty much nothing is normal at this American car manufacturer, which no one knows whether it should still be called a start-up or already part of the new elite. On the one hand, in rural Illinois… Continue reading German FAZ: The anti-Tesla as a Volkswagen helper008161

German FAZ: Painful changes008162

There is currently one bad news after another in the greater Kassel area: In addition to the fears for jobs at the Volkswagen plant in Baunatal, there is now the loss of up to 750 jobs at the inverter manufacturer SMA Solar in Niestetal. Of all things, this is a company that had great hopes… Continue reading German FAZ: Painful changes008162

‘We have a three-pronged strategy for sustainable mobility’: Volvo Group’s Maria Ebbesson

Sweden’s Volvo Group is making a strong move towards sustainable mobility, with a clear focus to offer a completely fossil fuel free product portfolio by 2040. As a result, with a 10-year average product lifecycle of heavy commercial vehicles (trucks and buses), the company envisions achieving fossil-fuel free products in the market by 2050.  According… Continue reading ‘We have a three-pronged strategy for sustainable mobility’: Volvo Group’s Maria Ebbesson

Mercedes-Benz India announces price hike of up to 3% across all models from January 2025

Mercedes-Benz India has announced a revision in the ex-showroom prices of its entire model range, effective from January 1, 2025. The price increase will be up to 3%, depending on the model. This adjustment is attributed to rising input costs, inflationary pressures, and increased logistics expenses, which have been impacting the company’s operational costs and… Continue reading Mercedes-Benz India announces price hike of up to 3% across all models from January 2025

German Manager Magazine: Daimler Truck: Rebuild, dismantle, build up – the plans of the new boss Karin Rådström003742

It was just seven days ago that Karin Rådström presented the quarterly figures for the first time as CEO. The results for the past three months were by no means sparkling. At 13.1 billion euros, consolidated sales are slightly below the previous year’s level (previous year 13.9 billion), as is the adjusted consolidated profit at… Continue reading German Manager Magazine: Daimler Truck: Rebuild, dismantle, build up – the plans of the new boss Karin Rådström003742

Clean Technica: Best Value for Money EVs — Midsize (D Segment)003711

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! This is the fourth of a five-part series of articles (you can check the others here: part one, part two and part three), where I look at the best affordable EVs in each size category. See the background for… Continue reading Clean Technica: Best Value for Money EVs — Midsize (D Segment)003711

Electric Trucks Market to Grow by USD 20.32 Billion (2024-2028), Driven by Demand for Fuel-Efficient, Low-Emission Vehicles, Report Highlights AI’s Role – Technavio

NEW YORK, Nov. 14, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global electric trucks market size is estimated to grow by USD 20.32 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  35.44%  during the forecast period. Growing demand for fuel-efficient and low-emission vehicles is… Continue reading Electric Trucks Market to Grow by USD 20.32 Billion (2024-2028), Driven by Demand for Fuel-Efficient, Low-Emission Vehicles, Report Highlights AI’s Role – Technavio

Mercedes-Benz’s success in China key to its global growth, says executive

Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April. CHINA DAILY STUTTGART, Germany – “We need to be successful in China to be even more successful in the world,” said the top executive of Germany’s luxury automaker Mercedes-Benz, depicting China as a key partner in technology innovation, electrification, and decarbonization.… Continue reading Mercedes-Benz’s success in China key to its global growth, says executive