Tag: Automotive industry
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…
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…
VW raises dividend sharply after profit increase
Production by Volkswagen The largest German car manufacturer expects a good 2023 financial year. (Photo: dpa) Hamburg Despite the war in Ukraine and the energy crisis, Europe’s largest carmaker Volkswagen…
EU postpones vote on combustion engine off
Internal combustion engine car The EU actually wants to stop allowing new cars with combustion engines from 2035 onwards. (Photo: dpa) Brussels The EU states will not make a final…
Elon Musk shocks chip manufacturers – share collapses
Elon Musk The Tesla boss wants to use significantly fewer silicon carbide chips for a new mass model. (Photo: AP) Munich, Dusseldorf Many had hoped that Elon Musk would unveil…
Tesla triggers price slides for manufacturers of silicon carbide and rare earths
>>iOS Cheaper drives for the Model 2 The Tesla announcement is therefore bad news for the shareholders: Because the mass model of the electric car giant could need significantly fewer…
USA are now the largest market for the car rental company
>>iOS The car rental company, known for its aggressive advertising campaigns, is currently investing heavily in marketing in the USA – most recently with an elaborate neon sign in New…
Ministry of Economics confirms vote for combustion engines – EU should present solution for e-fuels
combustion engine It is planned that the Council of Member States will finally vote on phasing out combustion engines next Tuesday. (Photo: dpa) Brussels Transport Minister Volker Wissing (FDP) does…
How German dealers benefit from prices & workshop supplies
Car dealers benefit from the scarce supply Parked Mercedes models: Due to a lack of semiconductors, fewer cars than planned were produced last year. This has pushed prices further up.…
Green Ministry of Economics supports FDP in combustion engine debate
combustion engine It is planned that the Council of Member States will finally vote on phasing out combustion engines next Tuesday. (Photo: dpa) Brussels Transport Minister Volker Wissing (FDP) is…
How German dealers benefit from prices & workshop supplies
Car dealers benefit from the scarce supply Parked Mercedes models: Due to a lack of semiconductors, fewer cars than planned were produced last year. This has pushed prices further up.…
Tesla boss Elon Musk plans a world without fossil fuels – but investors are critical
san francisco Tesla boss Elon Musk has presented his plan for making the world independent of fossil fuels. “There is a clear path to a fully sustainable Earth,” Musk said…
Elon Musk presents vision for world without fossil fuels
san francisco Tesla boss Elon Musk has presented his plan for making the earth no longer dependent on fossil fuels. “There is a clear path to a fully sustainable earth…
Volkswagen bundles banking and leasing business in Europe
Volkswagen VW has made it its mission to become a comprehensive mobility service provider. (Photo: dpa) Frankfurt The Wolfsburg-based carmaker Volkswagen is bringing its financing and leasing business in Europe…
Battle for car software – Will VW, Mercedes and BMW capitulate to Google?
Dusseldorf Volkswagen presented its own app store at the Mobile World Congress in Barcelona. In principle, this is open to Google applications. Mercedes announced last week that it would integrate…
That’s what the argument about synthetic fuels is all about
Berlin, Brussels To the surprise of its EU partners, Germany is not ready to agree to a ban on internal combustion engines. Transport Minister Volker Wissing (FDP) prevented German approval.…
What is that? That’s what the e-fuel controversy is all about
Berlin, Brussels To the surprise of its EU partners, Germany is not ready to agree to a ban on internal combustion engines. Transport Minister Volker Wissing (FDP) prevented German approval.…
The E-VW should cost less than 40,000 euros
New VW ID.3 Similar on the outside, more valuable on the inside – and soon again under 40,000 euros. (Photo: Volkswagen AG) Dusseldorf Contrary to the announcement by Volkswagen boss…