“The Volkswagen Group, including the carmaker Škoda Auto, has received reports of Russian attacks on Ukraine with great concern and concern. We hope for a speedy cessation of hostilities and a return to diplomacy. In terms of all activities at the scene, the safety and protection of our employees is our highest priority, “said Škoda … Read more
Chips in new cars increase by seven to eight percent a year. For example, in the Enyaq model, there are well over a thousand chips. According to Schäfer, many states now see this area as a strategic investment, but it is a long-term and costly affair. However, the carmaker does not plan to produce its … Read more
EC Vice-President and Competition Commissioner Margrethe Vestager said that although carmakers had the technology to reduce harmful emissions below legal limits, they avoided competition and denied consumers the opportunity to buy a car that was less polluting. “So today’s decision is about how legitimate technical cooperation has gone wrong. And we do not tolerate when … Read more
The main attraction that made 22 foreign carmakers interested in the Mladá Boleslav company at the time was the Škoda Favorit. The carmaker started its production in 1988 (introduced to the public a year earlier). At the time, it was considered by many to be the best and most reliable car in communist Europe. Financially … Read more
The head of the Volkswagen Group, Herbert Diess, plans to reverse the situation. He openly sets Musk’s company as a model for his subordinates. He invited its owner to personally test the ID.3 model, which is to beat Tesla in sales. Musk was satisfied with the prototype car, but complained of the allegedly weak acceleration. … Read more
The electric car manufacturer Tesla is officially the car maker with the highest market value worldwide. With this, the group pulls past Toyota – and is worth three times as much as VW. Tesla’s shares continued their record run on Wednesday, hitting more than $ 1,130 at times, the highest level in their history. With … Read more
Everyone gets something with the big stimulus package of the federal government. But the German auto industry was unable to implement its will. What do manufacturers, investors, experts and environmentalists say? The biggest stimulus package of the post-war period has been decided. It contains a number of large items and smaller items. But one thing … Read more
The corona crisis apparently plunged the already tumbling automaker Renault into an existential crisis. According to France’s economy and finance minister, everything is now at stake. But he sees opportunities for the group. France’s Economics and Finance Minister Bruno Le Maire sees the automaker Renault in a serious crisis. “Renault is struggling to survive,” Le … Read more
Dusseldorf Germany’s companies want to distribute nearly 44 billion euros in dividends for their shareholders this year and thus share in the success of the past financial year. At the same time, like Adidas, BASF, Daimler and Co., they send their employees on short-time work – so they have their employees paid by the taxpayer. … Read more
Tesla’s planned Gigafactory at the gates of Berlin: The date for the first groundbreaking was already unclear. But now the automaker is pulling its US employees out of Germany. What that means for the building project. The US automaker Tesla has ordered its American employees back home. This reports the “automobile week”. The reason is … Read more