VISA INC, US92826C8394 27.01.2022 – 22:39:26 Credit card giant Visa with profit and sales jump. In the three months to the end of December, net income rose 27 percent over the same period last year to $4.0 billion (3.6 billion euros), as Visa announced on Thursday after the US market closed. Revenue increased 24 percent … Read more
The truck manufacturer MAN wants to expand the Munich location into a lead plant for electromobility and thus secure the future of the plant in the long term. “We will invest a three-digit million amount in Munich for the conversion and the planned ramp-up of the production of e-trucks by around the middle of the … Read more
– – Charging stations in Bulgaria are too few. PHOTO: Vanyo Stoilov – Their boom in Bulgaria remains for next year The record rise in the price of one of the main materials for the production of batteries for electric cars – lithium, will lead to higher prices for electric cars, but in the short … Read more
On Wednesday, January 19, almost three hundred unfinished cars produced this year parked on the car’s parking areas due to a lack of semiconductors – chips. Most often in Lysá nad Labem, according to car spokeswoman Martina Špittová. “We are doing our utmost to eliminate the number of incomplete cars, which will depend on the … Read more
ASML has invested $ 9 billion and many years of work in developing extreme ultraviolet (EUV) technology. It can “burn” electrical circuits with high concentration into silicon wafers. Chip manufacturers can get billions of transistors on a single chip and work with manufacturing processes of seven nanometers or less. ASML is the only company in … Read more
– – – Toyota’s plants in Japan will be closed from January 21 to 24 due to the coronavirus pandemic, the local newspaper Nikkei reported. The measure will affect 21 production lines in 11 companies, where an increase in morbidity among workers has been found. As a result, Toyota will have to reduce its production … Read more
Last year, the French carmaker Renault dropped sales by 4.5 percent to less than 2.7 million passenger cars and light commercial vehicles. – The main culprit is the problems with the supply of chips, the company said today. Last year was the third in a row when Renault’s sales fell. Last year, Renault car sales … Read more
The old house distillery Penninger has been rooted in the Bavarian Forest for over 100 years. The company, founded in 1905, is now family-run in the fourth generation and is known far beyond the Bavarian border for its spirits such as Penninger Blutwurz. With the move to Waldkirchen, the modernization strategy in logistics and production … Read more
Wells Fargo increases profit surprisingly strongly – Less fear for loans. In the fourth quarter, the money house earned 5.75 billion US dollars (around 5.0 billion euros) and thus 86 percent more than a year earlier, as announced on Friday in San Francisco. For the year as a whole, there is a surplus of more … Read more
– Renault had made a record loss of 8 billion euros in the Corona crisis in 2020. The pandemic exacerbated existing home-made problems – de Meo had started to get the French returns back on track. The increasing car prices on the market are accommodating the car manufacturer, de Meo expects further price increases. The … Read more