Tag: Automotive industry
Europcar is coming to the USA from 2024 – but the go-west strategy is tricky
Dusseldorf, New York The car rental company Europcar is planning to expand into the highly competitive US market. As CEO Alain Favey told Handelsblatt, the first Europcar station is scheduled…
AMS-Osram secures 300 million euros in funding
Osram site in Regensburg The lighting company wants to develop new types of chips for autonomous driving and UV-C air purification with government support. (Photo: OSRAM) Munich The lighting and…
VW is preparing to say goodbye to car manufacturing in Dresden
Production of the ID.3 in Dresden Car production at the VW site is up for debate. (Photo: IMAGO/Sylvio Dittrich) Düsseldorf, Berlin The car manufacturer Volkswagen will soon stop vehicle production…
CEO Oliver Blume on corporate restructuring
VW CEO Oliver Blume “It’s not just about saving money, improving results is what counts.” (Photo: Reuters) Wolfsburg Volkswagen CEO Oliver Blume prepares employees and investors of Europe’s largest car…
CEO Oliver Blume on corporate restructuring
VW CEO Oliver Blume “It’s not just about saving money, improving results is what counts.” (Photo: Reuters) Wolfsburg Volkswagen CEO Oliver Blume prepares employees and investors of Europe’s largest car…
US automakers’ collective bargaining continues amid strikes
Demonstrators in Detroit, Michigan in the USA Employees of three US automakers went on strike on Friday. (Photo: IMAGO/ZUMA Wire) Amid the strikes at the three major US automakers GM,…
Diesel scandal: Mercedes is threatened with new trouble from the authorities
Mercedes logo The diesel scandal has already cost the car manufacturer dearly. (Photo: imago images/Rüdiger Wölk) Munich The car manufacturer Mercedes-Benz is once again threatened with trouble with the authorities…
Major strike at three US car manufacturers
Washington, New York In the USA, the auto industry is threatened with a large-scale strike, which the United Auto Workers (UAW) union has called for this Friday. Two years after…
Danger to Biden’s recovery? Three US car companies face a major strike
Washington, New York Two years after the supply chain crisis in which American car factories had to cut production, the industry is facing the next blow. The United Auto Workers…
Possible EU tariffs on electric cars are fueling fears of a trade war with China
Beijing, Brussels, Berlin Ursula von der Leyen has sparked concerns in Germany about a trade conflict with China. The EU Commission President had announced that she would take action against…
Volkswagen is cutting hundreds of temporary jobs in Zwickau
VW factory in Zwickau The location is no longer working for almost 270 employees. For the majority of those on temporary contracts, the future remains uncertain. (Photo: dpa) Dusseldorf Demand…
Volkswagen is cutting temporary worker positions in Zwickau
VW factory in Zwickau The location is no longer working for almost 270 employees. For the majority of those on temporary contracts, the future remains uncertain. (Photo: dpa) Dusseldorf Demand…
Barclays advises selling – price down two percent
BMW car at the IAA The car manufacturer was one of the winners on the stock market in the first half of the year. The mood has now changed. (Photo:…
EU launches investigation into subsidies
Strasbourg The EU wants to take action against cheap Chinese electric cars. She has instructed her authority to start an investigation into market-distorting subsidies, said EU Commission chief Ursula von…
EU launches investigation into subsidies
Ursula von der Leyen The EU Commission President wants to investigate whether Europe should exclude Chinese electric vehicles from the market. (Photo: Reuters) Strasbourg The EU wants to take action…
Supply chain problems after floods in Slovenia
Production at VW The company has sent around 100 employees to Slovenia to help the supplier. (Photo: Oliver Killig) Düsseldorf, Stuttgart, Vienna Due to the shortage of parts following the…
These specialists are in demand at top companies
Concept of the “New Class” from BMW at the IAA The new electric vehicles show how digitalization and electromobility are changing the automotive industry – and with it jobs. (Photo:…
Suppliers want to do business with the “perfect engine”.
Stuttgart, Munich At the beginning of the electric era, automotive suppliers were very happy. They landed a lot of prestigious contracts. For example, ZF equipped the EQC, the first electric…
Suppliers want to do business with the “perfect engine”.
Stuttgart, Munich At the beginning of the electric era, automotive suppliers were very happy. They landed a lot of prestigious contracts. For example, ZF equipped the EQC, the first electric…
Tesla to change plans for expanded battery factory
Tesla’s “Gigafactory” in Brandenburg The company says it wants to double the factory’s production capacity of 500,000 cars. (Photo: Reuters) Grünheide The US electric car manufacturer Tesla is to change…