Insurers Face Significant Losses as Car Freight Fire Costs Soar to Millions

Insurers Face Significant Losses as Car Freight Fire Costs Soar to Millions

According to information from industry circles, the fire on the car freighter “Fremantle Highway” will cost insurers at least 240 million euros and up to 300 million euros. The calculation of the experts is as follows: Per new car on the ship, you can expect an average of 50,000 euros in damage, with the Rolls … Read more

VW Passat: Official Confirmation of Future Model Launch in August 2023

VW Passat: Official Confirmation of Future Model Launch in August 2023

In the January 2022, VW announced that the famous Passat, one of the most long-lived models in the automotive world, will not have a successor, also announcing that it is withdrawing the sedan from production and leaving only station wagons for a while. All because electric cars would gain ground, and Passat still had to … Read more

“The Linz Regional Court Rejects Claims Against VW Despite Allegations of Bias from Judge Couple”

“The Linz Regional Court Rejects Claims Against VW Despite Allegations of Bias from Judge Couple”

He also stood by the judge couple, who assume that the claims against VW are statute-barred by 30 years: “However, these applications were all and all rejected by the three-judge senate of the Linz Regional Court,” explains the lawyer. “The mere possibility that a judge could still assert claims in the future contrary to his … Read more

“Elvira Tölkes appointed as new Head of Quality Assurance at Volkswagen Passenger Cars brand”

“Elvira Tölkes appointed as new Head of Quality Assurance at Volkswagen Passenger Cars brand”

Elvira Tölkes will take over as Head of Quality Assurance at the Volkswagen Passenger Cars brand on May 1, 2023. The graduate engineer has more than 30 years of experience in product development, production and quality assurance in the automotive sector. Tölkes comes from Audi, where she was most recently responsible for an interdisciplinary project … Read more

Bidenomics: How Joe Biden’s Strategy is Reshaping the American Economy and Power Balance with China

Bidenomics: How Joe Biden’s Strategy is Reshaping the American Economy and Power Balance with China

Bidenomics The Biden program is putting pressure on other economic powerhouses. Joe Bidens strategy is working: just a few months after billion-dollar subsidy programs were approved, massive investments are being made in the USA. The US President wants to push back China’s influence and secure his re-election. The allies in Europe, who are threatened with … Read more

“Bidenomics: How Joe Biden’s Economic Program is Shaping America’s Future”

“Bidenomics: How Joe Biden’s Economic Program is Shaping America’s Future”

Bidenomics The Biden program is putting pressure on other economic powerhouses. Joe Biden’s strategy is working: A few months after billion-dollar subsidy programs were approved, massive investments are flowing into the USA. The US President wants to push back China’s influence and secure his re-election. The allies in Europe, who are threatened with the exodus … Read more

Volkswagen to Build Electric Vehicle Battery Industry in Indonesia with Merdeka Battery

Volkswagen to Build Electric Vehicle Battery Industry in Indonesia with Merdeka Battery

Jakarta – The Minister of Investment/Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia said Volkswagen or VW through PowerCo will build an electric vehicle battery industry in Indonesia. Reporting from Reuters, VW is said to be partnering with a number of companies in Indonesia, one of which is the holding company of Merdeka Battery, … Read more

7 bosses reveal how they are mastering current crises

7 bosses reveal how they are mastering current crises

Kerstin Hochmüller, Alexander Rinke, Fränzi Kühne, Oliver Blume, Tobias Silberzahn, Sylvia Eichelberg, and Stefan Schaible The top managers each have their own strategy for dealing with the pressure. For company leaders, the pressure could hardly be higher at the moment: inflation, the energy transition and a shortage of skilled workers are crises that cannot be … Read more