Continental Continental shares lost more than four percent, making it one of the biggest Dax losers. (Photo: dpa) According to insiders, several tire companies in India have been searched on suspicion of possible violations of competition law. Among them is the sales office of the German company Continental in the city of Faridabad, as the… Continue reading German Handelsblatt: Automotive suppliers: Raid on tire manufacturers in India – Continental included004062
Tag: Possible_Terrorism_Warfare
@VW Group: Porsche SE reports group result after tax of 4.6 billion euro for the fiscal year 2021004816
Stuttgart, 29 March 2022. Porsche Automobil Holding SE (“Porsche SE”), Stuttgart, reported a group result after tax of 4.6 billion euro for the fiscal year 2021 (prior year: 2.6 billion euro). The group result after tax was significantly influenced by the result from the core investment in Volkswagen AG, Wolfsburg, accounted for at equity of 4.6… Continue reading @VW Group: Porsche SE reports group result after tax of 4.6 billion euro for the fiscal year 2021004816
Electric car: Battery cost drives up prices at Tesla
With nearly 25,000 registrations, Tesla’s Model 3 has won the title of best-selling electric car in France in 2021, but repeating the performance will be complicated this year. The manufacturer’s website announces a delivery time of nine months for the basic version and, above all, its price jumped in a few days: between the beginning… Continue reading Electric car: Battery cost drives up prices at Tesla
Energy prices: Industrial unions are demanding help for sectors that are particularly affected
Berlin – In view of the rapidly increasing energy prices and imminent supply bottlenecks, the chairmen of the three industrial unions in the DGB see jobs in Germany at risk in the medium term. Russia’s war of aggression in Ukraine, which IG Metall, IG BCE and IG BAU sharply condemned, is driving energy prices in… Continue reading Energy prices: Industrial unions are demanding help for sectors that are particularly affected
German Manager Magazin: EY study: Dax companies experienced a record year in 2021001653
Germany’s stock market heavyweights go into the from with record results behind them Ukraine-War overshadowed current year. Despite delivery bottlenecks and a lack of material, the 40 companies listed in the German share index (Dax) closed the past year at a record level, as calculated by the consulting and auditing company EY. Accordingly, sales –… Continue reading German Manager Magazin: EY study: Dax companies experienced a record year in 2021001653
German Handelsblatt: Vintage car: “Fanfare in the direction of Wolfsburg!” – the Opel Kadett becomes 60004059
The next few months will show whether the new Opel Astra will succeed in shaking the throne of the VW Golf as king of the compacts. In any case, the Astra carries the genes of a people’s car, as it embodies the modern successor to the legendary Opel Kadett. In 1972, this sales champion contributed… Continue reading German Handelsblatt: Vintage car: “Fanfare in the direction of Wolfsburg!” – the Opel Kadett becomes 60004059
Shortage of parts: Volkswagen has to postpone the market launch of the ID.5
The ID.5 will not be able to come onto the market as planned. Volkswagen first has to reorganize because parts are missing because of the Ukraine war. (Volkswagen ID., electric car) Go to Source
Lamborghini: “Someone who buys a car over 2 million euros wants to be sure that it is a good investment”
Between the Covid virus and the war in Ukraine, we should not miss 2021, a narrow window of opportunity for auto manufacturers. This is what Lamborghini has achieved, which is posting record results in terms of both volumes and value. The Sant’Agata Bolognese bull delivered 8,405 vehicles over twelve months, or 13% more over one… Continue reading Lamborghini: “Someone who buys a car over 2 million euros wants to be sure that it is a good investment”
China pushing hard for swappable batteries for electric vehicles
A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a supplement to regular vehicle charging, with the government throwing its weight behind several companies advancing the technology. Four companies – automakers Nio… Continue reading China pushing hard for swappable batteries for electric vehicles
Daimler Truck significantly increases sales, revenue and net profit in 2021, on track to achieve financial ambitions
Clear focus on overall profitability Despite headwinds: Daimler Truck achieved financial targets for 2021 Significant increase in unit sales, revenue and net profit due to recovery in most important markets and progress in cost reduction measures Supply constraints slowed further growth in 2nd half of 2021 Strong demand environment: Incoming orders on a high level,… Continue reading Daimler Truck significantly increases sales, revenue and net profit in 2021, on track to achieve financial ambitions