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Germany's Bosch To Cut 13,000 Jobs In Blow To Auto Sector
German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country's ailing car sector.
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Herbert Diess, Volkswagen's Disruptor-In-Chief, Runs Out Of Road
Diess will leave Volkswagen on Sept. 1, three years before his contract was supposed to end, with many of the goals he set as the German auto giant's disruptor-in-chief unfinished and uncertain.
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Volkswagen Begins Work on First In-House Battery Factory; Aims to Take on US, China Rivals
Volkswagen has begun working on its first in-house battery factory on Thursday, part of a plan by the German automaker to compete with rivals in the US and China. The company has invested a total of EUR 46 billion (roughly Rs. 3,69,900 crore) as part its ambitious goal of becoming the world's biggest electric car manufacturer by 2025. Legacy carmak...
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BASF Adds Svolt As Latest Partner In Chinese Battery Business
German chemical giant BASF and Chinese battery manufacturer SVolt have formed a partnership to develop battery materials, the companies said on Monday in a joint statement.
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Volkswagen Officials Dismiss Reports Of 30,000 Job Losses
Senior sources at German auto giant Volkswagen on Wednesday dismissed reports that up to 30,000 jobs could be at risk if it could not cut costs in its transition to electric models.
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German Auto Giants Place Their Bets On Hydrogen Cars
Battery power may be the frontrunner to become the car technology of the future, but don't rule out the underdog hydrogen. That's the view of some major automakers, including BMW and Audi, which are developing hydrogen fuel-cell passenger vehicle prototypes alongside their fleets of battery cars as part of preparations to abandon fossil fuels.
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European Union Imposes 875 Million Euro Antitrust Fine On Volkswagen, BMW
The European Union (EU)'s antitrust authority on Thursday fined German auto giants Volkswagen and BMW 875 million euros for colluding on the development of anti-pollution technology for diesel cars.
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Top 5 Highlights: Mercedes-AMG GLC 43 Coupe
The 2020 Mercedes-AMG GLC 43 Coupe is the first-ever AMG to be locally-assembled as the German auto giant brings the model to India as a Completely Knocked Down (CKD) kit.
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Skoda Auto Volkswagen India Resumes Production At Aurangabad Facility
Skoda Auto Volkswagen India Private Limited (SAVWIPL) has announced that the company has resumed operations at the Aurangabad manufacturing facility, beginning the activities under the India 2.0 strategy. The automaker said that it has sought all the necessary permissions from the Maharashtra government to begin operations and is following a compre...
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BMW M8 Coupe Launched In India; Priced At Rs. 2.15 Crore
The BMW M8 Coupe is the flagship offering from the German auto giant in India and promises a blend of luxury with dynamic performance via a 4.4-litre V8 motor.
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Germany's Bosch To Cut 13,000 Jobs In Blow To Auto Sector
German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country's ailing car sector.
-
Herbert Diess, Volkswagen's Disruptor-In-Chief, Runs Out Of Road
Diess will leave Volkswagen on Sept. 1, three years before his contract was supposed to end, with many of the goals he set as the German auto giant's disruptor-in-chief unfinished and uncertain.
-
Volkswagen Begins Work on First In-House Battery Factory; Aims to Take on US, China Rivals
Volkswagen has begun working on its first in-house battery factory on Thursday, part of a plan by the German automaker to compete with rivals in the US and China. The company has invested a total of EUR 46 billion (roughly Rs. 3,69,900 crore) as part its ambitious goal of becoming the world's biggest electric car manufacturer by 2025. Legacy carmak...
-
BASF Adds Svolt As Latest Partner In Chinese Battery Business
German chemical giant BASF and Chinese battery manufacturer SVolt have formed a partnership to develop battery materials, the companies said on Monday in a joint statement.
-
Volkswagen Officials Dismiss Reports Of 30,000 Job Losses
Senior sources at German auto giant Volkswagen on Wednesday dismissed reports that up to 30,000 jobs could be at risk if it could not cut costs in its transition to electric models.
-
German Auto Giants Place Their Bets On Hydrogen Cars
Battery power may be the frontrunner to become the car technology of the future, but don't rule out the underdog hydrogen. That's the view of some major automakers, including BMW and Audi, which are developing hydrogen fuel-cell passenger vehicle prototypes alongside their fleets of battery cars as part of preparations to abandon fossil fuels.
-
European Union Imposes 875 Million Euro Antitrust Fine On Volkswagen, BMW
The European Union (EU)'s antitrust authority on Thursday fined German auto giants Volkswagen and BMW 875 million euros for colluding on the development of anti-pollution technology for diesel cars.
-
Top 5 Highlights: Mercedes-AMG GLC 43 Coupe
The 2020 Mercedes-AMG GLC 43 Coupe is the first-ever AMG to be locally-assembled as the German auto giant brings the model to India as a Completely Knocked Down (CKD) kit.
-
Skoda Auto Volkswagen India Resumes Production At Aurangabad Facility
Skoda Auto Volkswagen India Private Limited (SAVWIPL) has announced that the company has resumed operations at the Aurangabad manufacturing facility, beginning the activities under the India 2.0 strategy. The automaker said that it has sought all the necessary permissions from the Maharashtra government to begin operations and is following a compre...
-
BMW M8 Coupe Launched In India; Priced At Rs. 2.15 Crore
The BMW M8 Coupe is the flagship offering from the German auto giant in India and promises a blend of luxury with dynamic performance via a 4.4-litre V8 motor.
