Tag: Arno face
VW wants to improve profits by three billion euros annually
Dusseldorf, Berlin With a show of strength, the carmaker Volkswagen wants to keep its core brand from falling into the red. At a works meeting on Wednesday, CEO Thomas Schäfer…
Balance sheet check shows difficult starting position for this year
Dusseldorf One of the most important indicators for Volkswagen is not found in any balance sheet: the capacity utilization of the plants. Five-year plans are knitted around the production facilities,…
VW builds Scout plant in South Carolina and raises dividend – share increases
Oliver Blume The jump in the price of VW shares gives the CEO a tailwind for his investment plans. (Photo: Reuters) Dusseldorf Despite the war in Ukraine and the energy…
VW builds Scout plant in South Carolina and raises dividend – share increases
Animation of the new Scout facility in South Carolina Series production could start in 2026. (Photo: Scout Motors) Dusseldorf Despite the war in Ukraine and the energy crisis, Volkswagen is…
VW raises dividend sharply after profit increase
Volkswagen in Wolfsburg The group will increase its net profit to almost 16 billion euros in 2023. (Photo: Bloomberg) Hamburg Despite the war in Ukraine and the energy crisis, Europe’s…
Volkswagen boss Oliver Blume promises more speed with electric strategy
Extraordinary General Meeting at Volkswagen CEO Oliver Blume, Porsche Supervisory Board Deputy Hans Michel Piëch and Volkswagen Supervisory Board Chairman Hans Dieter Pötsch (from left) on the podium in Berlin.…
New software strategy for the group
VW boss Oliver Blume Blume replaced Herbert Diess at the top of VW at the beginning of September (Photo: dpa) Munich, Dusseldorf The CEO of the car manufacturer VW, Oliver…
New software strategy for the group
Oliver Blume Blume replaced Herbert Diess at the top of VW at the beginning of September (Photo: dpa) Munich, Dusseldorf The CEO of the car manufacturer VW, Oliver Blume, is…
Investors are queuing at Porsche
Porsche Investor demand for the Porsche IPO is high. (Photo: IMAGO/ZUMA Wire) Frankfurt According to financial circles, the shares of the sports car manufacturer Porsche are in high demand. The…
Investors are queuing at Porsche
Porsche Investor demand for the Porsche IPO is high. (Photo: IMAGO/ZUMA Wire) Frankfurt According to financial circles, the shares of the sports car manufacturer Porsche are in high demand. The…
VW expects significantly stronger sales in the second half of the year
Production of the ID.4 at VW in Zwickau The mass brands Volkswagen passenger cars, Skoda and Seat have recently been exposed to more severe production restrictions due to the chip…
VW expects significantly stronger sales in the second half of the year
Production of the ID.4 at VW in Zwickau The mass brands Volkswagen passenger cars, Skoda and Seat have recently been exposed to more severe production restrictions due to the chip…
Herbert Diess dispenses with the half-year balance sheet
Herbert Diess The outgoing VW CEO is officially in office until August 31, but will not take part in the current balance sheet presentation. (Photo: Reuters) Dusseldorf The VW Group…
Why Volkswagen has a new boss
The sporty manager should shoulder the job in addition to his duties as head of Porsche like Atlas once did the globe – after all, the manufacturer of elegant sports…
Will the battery subsidiary PowerCo soon go public?
Wolfsburg The goal is clear: The new Volkswagen subsidiary PowerCo is to become the most important European manufacturer of battery cells in a few years. By 2030, six so-called “gigafactories”…
Will the battery subsidiary PowerCo soon go public?
Wolfsburg The goal is clear: The new Volkswagen subsidiary PowerCo is to become the most important European manufacturer of battery cells in a few years. By 2030, six so-called “gigafactories”…
Will the battery subsidiary PowerCo soon go public?
Wolfsburg The goal is clear: The new Volkswagen subsidiary PowerCo is to become the most important European manufacturer of battery cells in a few years. By 2030, six so-called “gigafactories”…
VW and Porsche SE could also benefit
Leipzig becomes an electrical center for Porsche Macan production at the Leipzig Porsche plant: The new electric version will also roll off the assembly line there next year. Other E-models…