The Volkswagen Group owned truck builder MAN want a report according to cut a sixth of his jobs. Be company-wide 6000 jobs are in acute danger, the “Handelsblatt” reported on Thursday citing group companies. He has this number Management communicated to the works council at a consultation meeting. The job cuts are said to be … Read more
Electromobility: Europe was the pioneer with the world’s largest in 2019 Growth of 78% – further dynamics to be seen in 2020 Düsseldorf (ots) – PwC analysis 2019: Europe with the world strongest growth of e-mobility / consolidation in China, successful products in the USA / German manufacturers will only have larger volumes in 2020 … Read more
DUSSELDORF (dpa-AFX) In the smoldering conflict between the Volkswagen Group and the supplier Prevent has the Wolfsburg car giant has another stage win won. The Higher Regional Court in Düsseldorf ruled on Wednesday that the extraordinary termination of a million dollar Delivery contract for the Hagen company Prevent TWB by the Volkswagen AG was lawful. … Read more
Despite the still spreading Coronavirus, the German stock market has recovered on Tuesday continued. The decreased likelihood of new ones US punitive tariffs against China are linked to speculation about a country more flexible interpretation of the goals from the phase 1 trade contract of both Countries increased investors’ risk appetite again, explained Analyst Jochen … Read more
Given a drastic increase in am Coronavirus sufferers have the Dax on Thursday the Profits from the past two days completely returned. The Germany’s leading index fell 1.41 percent to 13 157.12 points. As on Wall Street’s attempt to recover failed, too German market prices in late trading are under even greater pressure. The MDax … Read more
The ADAC drivers club has operators of Charging stations asked for a transparent pricing policy. “Customers can often not see which prices on the charging station be billed, “said the ADAC Vice President for Transport, Gerhard Hillebrand, the German Press Agency. He criticized also the pricing of some charging station operators. “Of consumer-friendly framework conditions … Read more
ROUNDUP 3: US sales of VW collapse – Audi, Porsche and BMW with growth HERNDON – Volkswagen has a bitter one at the end of the year Damper suffered in the important US market. In December there were only 27 877 cars with the VW – Logo sold – one 13 percent decline year-over-year. That … Read more
Economic and financial dates until Friday, January 17th: MONDAY, JANUARY 6, 2020 COMPANY DATES USA: Media day at the technology fair CES + 0000 pk electric car manufacturer Byton + 1700 Pk LG + 1700 Pk ZF + 1800 Pk Bosch + 1900 pk Continental + 1900 Pk Panasonic + 2000 Pk Qualcomm + 2100 … Read more