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Sep 25, 2024
09/24
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i we to vw closing plants in germany?— we to vw closing plants in germany?many? i am pretty sure they have to act — germany? i am pretty sure they have to act very _ germany? i am pretty sure they have to act very strongly - germany? i am pretty sure they have to act very strongly and i l have to act very strongly and i don't exclude that the close plants in germany, see ifjimmy is a big problem and lower saxony because they have a lot of capacities and highest costs due to the fact the government has a stake in vw and the advisory board, so there is a political situation and they have to solve the problem the next time, also going back to reduce capacity in lower saxony. reduce capacity in lower saxony-— reduce capacity in lower saxon . ., ., ., saxony. you mention to the german economy _ saxony. you mention to the german economy minister, | saxony. you mention to the i german economy minister, he has appealed to the auto industry to plan long term. what does he mean? i to plan long term. what does he mean? ., to plan long term. what does he mean? ~' ., mea
i we to vw closing plants in germany?— we to vw closing plants in germany?many? i am pretty sure they have to act — germany? i am pretty sure they have to act very _ germany? i am pretty sure they have to act very strongly - germany? i am pretty sure they have to act very strongly and i l have to act very strongly and i don't exclude that the close plants in germany, see ifjimmy is a big problem and lower saxony because they have a lot of capacities and highest costs due to the fact the...
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Sep 4, 2024
09/24
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vw employs more than 600,000 people.ouncil meeting in the coming hours to discuss the situation. union leaders have said they will fiercely oppose the planned cuts. professor dr ferdinand dudenhoffer is director of the center for automotive research in bochum, germany. he's a former senior executive at porsche, opel, peugeot and citroen. welcome to the programme. for vw to say we will not lay off staff, is this the problem in this environment we are in right now, such hot competition from china?— from china? yes, china is important. _ from china? yes, china is important, let's _ from china? yes, china is important, let's look- from china? yes, china is important, let's look at i from china? yes, china is. important, let's look at the brandon we look at in germany we see two things. on one hand we see two things. on one hand we see two things. on one hand we see high energy prices in germany, higher loans and all the things, and it is very difficult to lay off employment and manpower, for example. it is one thing. we have
vw employs more than 600,000 people.ouncil meeting in the coming hours to discuss the situation. union leaders have said they will fiercely oppose the planned cuts. professor dr ferdinand dudenhoffer is director of the center for automotive research in bochum, germany. he's a former senior executive at porsche, opel, peugeot and citroen. welcome to the programme. for vw to say we will not lay off staff, is this the problem in this environment we are in right now, such hot competition from...
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Sep 25, 2024
09/24
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CNBC
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we continue to monitor those negotiations within vw >>> when it comes to u.s. futures, it's how we're shaping up ahead of the open on wall street it seems it could be a lower start to the trading session on wall street. however, we're pointing out that we're going to get new home sales figures. of course, investors have also been figuring out what's the message from fed officials thus far, which has been focused on future rate cuts i also want to take a brief look at the chinese tech frames we saw pressure on jd.com and baidu. this amid the pressures that officials in china have announced, however, it's failing to attract momentum for a couple of these names that's it for this show. i'm silvia amaro "worldwide exchange" is coming up next. you didn't start a business just to keep the lights on. lucky for you, shopify built the just one-tapping, ridiculously fast-acting, sky-high sales stacking champion of checkouts. businesses that want to win, win with shopify. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if
we continue to monitor those negotiations within vw >>> when it comes to u.s. futures, it's how we're shaping up ahead of the open on wall street it seems it could be a lower start to the trading session on wall street. however, we're pointing out that we're going to get new home sales figures. of course, investors have also been figuring out what's the message from fed officials thus far, which has been focused on future rate cuts i also want to take a brief look at the chinese tech...
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Sep 3, 2024
09/24
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does a lower rate cycle impact this for vw, but really across autos?> i think the overall 12 months is not fair. if you look at it over three, five or ten years, tesla has done well even if the last 12 to 18 months have been challenging for them. i think most automotive stocks have done very poorly because investors understand that 2025 and 2026 will see a disarray of the brand we have seen in the global production demand. at the same when such central technical changes take place continuously and also substantial months of production come out of china. you have a major amount of tensions and i think investors participate in substantial cuts for earnings in '25 or '26 for the overall sector. you have seen volkswagen and tesla slash prices despite completely different changes in earnings expectations in both names. this forecast has been smashed substantially more for volkswagen. i think there is a greater hope for investors that it is in a better position due to its positions in software and technology and batteries. >> thomas, also, maybe they overest
does a lower rate cycle impact this for vw, but really across autos?> i think the overall 12 months is not fair. if you look at it over three, five or ten years, tesla has done well even if the last 12 to 18 months have been challenging for them. i think most automotive stocks have done very poorly because investors understand that 2025 and 2026 will see a disarray of the brand we have seen in the global production demand. at the same when such central technical changes take place...
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Sep 25, 2024
09/24
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that's something vw�*s main union wants to see.ketplace for consumers. policymakers need more drivers to move away from internal combustion engines. we need incentives for electric vehicles. incentives means looking at subsidies — we need to think helping people on low incomes to buy a new car. germany's economy minister says the government will support vw — but it'll have to fix the majority of its problems — itself. that could mean facing harsh realities for the firm's 300 thousand staff in germany. and we close with this. we've all seen how retail is changing with a lot more spent online than in store. the speed and convenience of online shopping has seen e—commerce sales exceed $6.3 trillion this year alone according to statista. but it's upended the sector and stores are compelled to offer a bigger and better shopping experience. tomorrow, ingka centres, part of the ikea group, will be opening livat shanghai a 430,000 square metre retail complex worth a record—breaking eight billion yuan — that's $1.1 billion. well, let's talk
that's something vw�*s main union wants to see.ketplace for consumers. policymakers need more drivers to move away from internal combustion engines. we need incentives for electric vehicles. incentives means looking at subsidies — we need to think helping people on low incomes to buy a new car. germany's economy minister says the government will support vw — but it'll have to fix the majority of its problems — itself. that could mean facing harsh realities for the firm's 300 thousand...
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so say vw is, i call me good fault. i can actually stand. there's hardly any other company. ready 80 for the success of german industry over the last 9 decades issue on so. so what this story is telling us that for years of economic stick nation times. ready is also deteriorating international competitiveness to do something to any economy. they make investments and activities in this economy less attractive. so so, so therefore i think this should be a wake up call. now on the final wake up call after so many other wake up calls. i'm also furniture and policy makers, politicians to um, to restart interesting and reforming so that the country can become again more attractive. whether this is actually that we still have to have is such a strong automotive power house. i don't know the world is also changing. an economic sources are changing, but in any case, we do need much more investments and we do need structural reforms in order to make the journey economy more competitive just again. and what would some of those reforms and investments be if the german government does th
so say vw is, i call me good fault. i can actually stand. there's hardly any other company. ready 80 for the success of german industry over the last 9 decades issue on so. so what this story is telling us that for years of economic stick nation times. ready is also deteriorating international competitiveness to do something to any economy. they make investments and activities in this economy less attractive. so so, so therefore i think this should be a wake up call. now on the final wake up...
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Sep 3, 2024
09/24
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BLOOMBERG
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things did not pan out, vw is the one that has the most work to do.rticular governance, it makes it really hard. tom: given the structured and the role of unions on the board how challenging will it be to cut down or shut those plants? elizabeth: if history is a guide you would say not very lots of key executives have vacated their seats over plans like this so all blumer will be in a tough spot even as vw breaks in profits. they may billions that the competition is growing, they need to make changes him -- last year they made 9 million. but the plants most at risk would be in the high cost areas of western europe and that is where vw has most plants among those high costs. palm: elizabeth with the latest in terms of historic closures in day to remind you that on our website and on the terminal. looking to finally name a prime minister overt or country's. he is kevin. does the risk become unwound if we get the prime minister named? kevin: i'm not sure. when we look at the french traded versus germany they have gone up since last june moving from 40 ba
things did not pan out, vw is the one that has the most work to do.rticular governance, it makes it really hard. tom: given the structured and the role of unions on the board how challenging will it be to cut down or shut those plants? elizabeth: if history is a guide you would say not very lots of key executives have vacated their seats over plans like this so all blumer will be in a tough spot even as vw breaks in profits. they may billions that the competition is growing, they need to make...
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Sep 4, 2024
09/24
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we're still watching vw for that. volkswagen's oliver bloom set to face unions as they plan to close down what looks like two plants in germany, which could be quite a monumental aspect to look at in that market picture. we'll get sentiment and word on that throughout the show too and a draw down on the market. a quick look at the sectors what's driving markets down. it's that technology sector then. that's because some of the semiconductor plays have taken a bit of a hit. stateside the semiconductor etf had its worst day since march 2020. what was happening march 2020? it was the pandemic, right? pretty much at the beginning of how it was being felt, the ripples across the remainder of the world. big declines on that day, falling 8.31%. it's the chipmakers that have taken a hit. state side, yes, but so, too, across europe, as you're seeing a fall of 5%. this is really at the bottom of the stoxx 600. >>> earlier this morning we also took a look at the asian market picture. this was also fairly negative, taking all tha
we're still watching vw for that. volkswagen's oliver bloom set to face unions as they plan to close down what looks like two plants in germany, which could be quite a monumental aspect to look at in that market picture. we'll get sentiment and word on that throughout the show too and a draw down on the market. a quick look at the sectors what's driving markets down. it's that technology sector then. that's because some of the semiconductor plays have taken a bit of a hit. stateside the...
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Sep 30, 2024
09/24
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CNBC
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vw cutting guidance once again.e for stellantis and that is dragging the ftse mib in oitaly lower. the european bourses rallied high on the back of the stimulus measures in china last week. they are focusing in on the auto stocks. a quick check of the u.s. futures. this is the implied open for the s&p which is just a couple points to the down side. dow jones off 42. nasdaq seen off by 36 points. obviously, what we are focusing on this week is the jobs report as we discussed with our previous guest. now the future path of interest rates remains a top concern of family office clients according to the survey from citi private bank. it found family office clients allocating to equities and hedge funds and exposure to a.i. also growing. let's unpack that report from the global head of family office group at citi private bank. thank you for coming in to talk about the report. how constructive are family global family offices when it comes to assets? >> carolin, thank you for having me here. we concluded this family office
vw cutting guidance once again.e for stellantis and that is dragging the ftse mib in oitaly lower. the european bourses rallied high on the back of the stimulus measures in china last week. they are focusing in on the auto stocks. a quick check of the u.s. futures. this is the implied open for the s&p which is just a couple points to the down side. dow jones off 42. nasdaq seen off by 36 points. obviously, what we are focusing on this week is the jobs report as we discussed with our...
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of the road as an industrial powerhouse at a special meeting of the work force that is headquarters. vw executives told employees that the company may have to close factories in germany if it's to survive a huge slump in car sales, a competition from chinese car makers and a failure to innovate electric car technology has left them chasing the pack. so what does that mean for made in germany? i will be speaking to a top german economist in just a moment. but 1st, this report on the day a german car manufacturing giants told his workers, there's trouble had of frustration and anger mocked this thoughts of the meeting. folks, while good management laid out his plans to scrap a job security agreement, the company has had with his work is for us to use the sacrifice of the mood was very divided as a large division between the what council and the board. i've never seen that this bad and then whenever the works council speaks, they cheer and when the board speaks, there's boeing. i'm speaking with i was good. i just a moment because when people express themselves very clearly, it's like, yea
of the road as an industrial powerhouse at a special meeting of the work force that is headquarters. vw executives told employees that the company may have to close factories in germany if it's to survive a huge slump in car sales, a competition from chinese car makers and a failure to innovate electric car technology has left them chasing the pack. so what does that mean for made in germany? i will be speaking to a top german economist in just a moment. but 1st, this report on the day a german...
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Sep 10, 2024
09/24
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BBCNEWS
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the process will be complicated: the regional government in vw�*s home state holds a large stake in then its supervisory board. stay with us here on bbc news. welcome back. the hamas—run health ministry in gaza says 19 palestinians have been killed in an israeli strike on a designated humanitarian zone. local reports say at least 60 more who were sheltering in the displacement camp at al mawasi were injured. israel's military says it targeted what it called a "hamas command centre."
the process will be complicated: the regional government in vw�*s home state holds a large stake in then its supervisory board. stay with us here on bbc news. welcome back. the hamas—run health ministry in gaza says 19 palestinians have been killed in an israeli strike on a designated humanitarian zone. local reports say at least 60 more who were sheltering in the displacement camp at al mawasi were injured. israel's military says it targeted what it called a "hamas command...
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the leaders the allowed out i had a 1987 vw golf, a 1.6 liter diesel named laura visa and one of them that also ran on oil. yes. is that expedition from canada to chilly lasted 22 months going on? is it ethics, place you on that kind of, we covered 17 countries and we had 11 people who bordered and disembarked at various points. it was like an uber severe and is there a $101.00 over at that time for adult to have the idea of using the car to educate people the securing funding for the trip. he visited schools, displayed the car, and explained the concept of recycling. give hello, what was incredible, was meeting very remote indigenous communities throughout latin america and in between us and to our maybe can reaching all the capital city, the scarlet. that'd be the most and collaborating with everyone with the messages of caring for the environmental zone. we. i'm being that we helped highlight the importance of rivers, you know, or use it in the struggle to take care of and defend the rivers and the need to educate people about environmental issues related to rivers, a, b, e, a, u,
the leaders the allowed out i had a 1987 vw golf, a 1.6 liter diesel named laura visa and one of them that also ran on oil. yes. is that expedition from canada to chilly lasted 22 months going on? is it ethics, place you on that kind of, we covered 17 countries and we had 11 people who bordered and disembarked at various points. it was like an uber severe and is there a $101.00 over at that time for adult to have the idea of using the car to educate people the securing funding for the trip. he...
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just save a $10000.00 each box around $5000.00 heroes in today's money, making it twice the price of a vw bug. i mean this is the original sales brochure and i'm like old school marketing. yeah, well here's someone plunging into a river only way or that, and then for us the be is this to go? yeah, the, the 19 sixty's where a decade of major change. when a new generation was making its present spelling and stuff, there was also a new kind of music. think of the flower power era in the us music plus the beatles beat. it's comfortable a sudden it's like this. oh, there was a new update. moved back then for me, the apple car symbolizes a cool, easy going party, feeling this is solved noises. and there was even a mobile home to go with it. got cut off and then some people went all the way to italy in it. so imagine crossing the brenner pass and this 41 horsepower cart and, and then having an insidious mobile home and then oh, and then you really had to be some kind of pro, mantises to do something like that. it was, it was too much on that. but she has gone to is a hotel. yeah, in top and top
just save a $10000.00 each box around $5000.00 heroes in today's money, making it twice the price of a vw bug. i mean this is the original sales brochure and i'm like old school marketing. yeah, well here's someone plunging into a river only way or that, and then for us the be is this to go? yeah, the, the 19 sixty's where a decade of major change. when a new generation was making its present spelling and stuff, there was also a new kind of music. think of the flower power era in the us music...
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Sep 2, 2024
09/24
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vw says all plans will be discussed with the compa ny�*s works council.ld. raising the windfall tax on the uk's oil and gas companies will harm the government's goal of growing the economy, the industry has warned. 0ffshore energies uk says the plan will cost the uk economy $17 billion from 2025 to 2029. the government says it's committed to a "constructive dialogue" with the industry over changes to the tax. stay with us here on bbc news. breaking news regarding the middle east. the uk foreign secretary has just announced a partial suspension of export arms licences to israel. he made that announcement in the house of commons in the last 20 minutes or so, house of commons in the last 20 minutes orso, a house of commons in the last 20 minutes or so, a partial suspension, it covers 30 arms export licences. we will play you the clip of david lambie making that announcement in the commons here in the next little while but more pressure
vw says all plans will be discussed with the compa ny�*s works council.ld. raising the windfall tax on the uk's oil and gas companies will harm the government's goal of growing the economy, the industry has warned. 0ffshore energies uk says the plan will cost the uk economy $17 billion from 2025 to 2029. the government says it's committed to a "constructive dialogue" with the industry over changes to the tax. stay with us here on bbc news. breaking news regarding the middle east....
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Sep 11, 2024
09/24
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BLOOMBERG
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give us the latest in terms of the woes of bmw and vw.s is coming in quick succession, to companies with two different sets of issues. >> yeah. if you needed any born bad news from the german auto sector, you got it yesterday. the recall of 1.5 million cars. that's due to brakes. issues around breaks that have been furnished by continental. what it's done is, for the broader term, there's big questions on the macro demand in china and europe. bmw will cut their margins. they are now aiming for six to 7%. before, it was eight to 10%. for all carmakers and higher rent carmakers, they are absolutely crucial in terms of volkswagen. what they've done is after they said they would close factories last week, they have said yesterday that they will terminate worker protections that they've had for 30 years. huge worker pretensions. this protects jobs into 2029. that's going to change. they are dissolving that. these jobs are no longer stay -- safe, starting at the midpoint of next year. this huge union fight for volkswagen, they haven't done this
give us the latest in terms of the woes of bmw and vw.s is coming in quick succession, to companies with two different sets of issues. >> yeah. if you needed any born bad news from the german auto sector, you got it yesterday. the recall of 1.5 million cars. that's due to brakes. issues around breaks that have been furnished by continental. what it's done is, for the broader term, there's big questions on the macro demand in china and europe. bmw will cut their margins. they are now...
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Sep 6, 2024
09/24
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KNTV
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he was swimming over between the fuel dock and the vw, and he actually hit the vw.rth, right here in front of the fuel dock. pretty incredible to see this. here's some good news. the harbor masters say they don't believe the whale is stuck. they just think the whale will make its way out at some point tonight. maybe even tomorrow, when that tide rises. up next, what is on the menu this year at levi's? we're goingo give you a t (intercom) flight deck we are go for launch! (ethan) is that the one? (janet) so much space! that open kitchen! (tanya) ...is that a walk in closet? (ethan) i want those tiles! (intercom) boosters engaged. (ethan) wait! we've got a problem! (janet) problem?! (ethan) how can you sell your house when we're stuck on a space station for months???!!! (tanya) no, no! bad timing, janet!!! (janet) but that was the one!!!! (brian) no, no, no... opendoor!! (tanya) don't open the door. (brian) opendoor gives you the flexibility to sell and buy on your timeline. (all) really? (brian) yea!!! (intercom) we have liftoff. (janet) nice! (janet) houston we have
he was swimming over between the fuel dock and the vw, and he actually hit the vw.rth, right here in front of the fuel dock. pretty incredible to see this. here's some good news. the harbor masters say they don't believe the whale is stuck. they just think the whale will make its way out at some point tonight. maybe even tomorrow, when that tide rises. up next, what is on the menu this year at levi's? we're goingo give you a t (intercom) flight deck we are go for launch! (ethan) is that the...
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Sep 25, 2024
09/24
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KNTV
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assistant for drivers of vw.other models built 2020 and later. >>> a statue of johnny cash is now at the u.s. capitol, making him the first musician to be honored with a statue thayer. congssnaleerfr bh rties were there. s! the golden hour of cold and flu symptoms! ♪ ♪ i'm feeling better. cough? congestion? all in one and done with mucinex kickstart. aaaaaaaaaaaaa- hated that. headache? better. aaaaaaaaaaaaa- fever? body pain? better now. aaaaaaaaaaaaa- mucinex kickstart gives all-in-one and done relief with a morning jolt of instant cooling sensation. it's not cold and flu season. it's comeback season. >>> the world's fastest man slowing down for just a moment to visit kids at washington, d.c.'s children's national hospital. noah lyles hoping to inspire them with some of his own experience of needing to be in the hospital when he was a child too. nbc washington's walter morris was there. >> reporter: the world 's fastet man making a stop, swinging by children's hospital in d.c. for a very special visit. >> i fee
assistant for drivers of vw.other models built 2020 and later. >>> a statue of johnny cash is now at the u.s. capitol, making him the first musician to be honored with a statue thayer. congssnaleerfr bh rties were there. s! the golden hour of cold and flu symptoms! ♪ ♪ i'm feeling better. cough? congestion? all in one and done with mucinex kickstart. aaaaaaaaaaaaa- hated that. headache? better. aaaaaaaaaaaaa- fever? body pain? better now. aaaaaaaaaaaaa- mucinex kickstart gives...
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in fact, this was the electro goes from 1976. vw engineers big 20 of them and drove them around booth book for 10 years, gathering data and how they could improve back to tech for electric cars. the, let's see that. okay, and that's not a fuel filter that a socket. this car runs on electricity, electricity from the batteries apple products, and then they're charged via this socket. here. what is this that go? new versions included the gulf one cities trauma in 1981. the goal is to see the stroma in 1985 and the goals, 3 cities, trauma and 93. but it wasn't until 2014 the beat up. you begin to see the system to the eighty's again with the eagles. that slash forward to the ninety's when it ends, when being made to bring ease into the present or judging by the design of this machine. the future american call me cuz we're undergoing pressure from california to sell a certain percentage of 0 emission vehicles if they wanted to do business in the states. so gm booth and fluid the e v one from $96.00 to $99.00. now. so you know, something of cause callbacks and rumors about the gym sabotage,
in fact, this was the electro goes from 1976. vw engineers big 20 of them and drove them around booth book for 10 years, gathering data and how they could improve back to tech for electric cars. the, let's see that. okay, and that's not a fuel filter that a socket. this car runs on electricity, electricity from the batteries apple products, and then they're charged via this socket. here. what is this that go? new versions included the gulf one cities trauma in 1981. the goal is to see the...
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i mean, the bottom line here is that vw, things it can't turn a profit, making cars under the current conditions in germany. what do you think that says about the made in germany model? was it simply too expensive? i mean that is actually my, the most important thing to say, dw is i call me good fault. i can actually stand. there's hardly any other common. ready 80 for the success of german industry over the last 9 decades if you one so. so what this story is telling us that 4 years of economic stagnation times. ready is also deteriorating international competitiveness to do something to an economy. they make investments and activities in this economy less attractive. so so, so therefore i think this should be a wake up call. now on the final wake up call after so many other wake of calls. also for jim thomas, he made his politicians to um, to restart interesting and reforming so that the country can become again more attractive. whether this is actually that we still have to have is such a strong automotive powerhouse. i don't know the world is also changing. an economic sources are
i mean, the bottom line here is that vw, things it can't turn a profit, making cars under the current conditions in germany. what do you think that says about the made in germany model? was it simply too expensive? i mean that is actually my, the most important thing to say, dw is i call me good fault. i can actually stand. there's hardly any other common. ready 80 for the success of german industry over the last 9 decades if you one so. so what this story is telling us that 4 years of economic...
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to work in a audi factory or vw factory or to do something like that is, is quite complicated because 1st they have to learn german, for example. so all of these ideas about, you know, being able to just take these refugees and, and to, to fill these, these gaps in the workforce are a little bit more more complicated than and then people think. but the interesting thing about the range and, and faxed me is that those are areas that have some of the, the, the, the lowest levels of migration in germany. most of the migrants who have come here are not in east germany there. and other parts of the country, but it is sort of in their heads that these asylum seekers pose a threat to german society, into german, german identities. and nadine, when you look at the f d's platform regarding immigration, has this also had an effect on other parties within germany, some of the more centrist or traditional ones as it drags them further towards the right on that issue. yeah, i think there are like domino effects that you can see that like one stone this a tipping and then another stone follows like
to work in a audi factory or vw factory or to do something like that is, is quite complicated because 1st they have to learn german, for example. so all of these ideas about, you know, being able to just take these refugees and, and to, to fill these, these gaps in the workforce are a little bit more more complicated than and then people think. but the interesting thing about the range and, and faxed me is that those are areas that have some of the, the, the, the lowest levels of migration in...
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Sep 3, 2024
09/24
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vw.first ever german factory. >> that was incredible. >> as they struggled with this transition to evs. the other was morgan stanley who trims their ev penetration rate by three points. >> this is -- tesla comes out smelling like a rose in this. that vw, i don't think people realize, that's a national treasure. we never talk about these german elections because they're hard to grip and be able to overlay stocks, be yout wow. vw. that's interesting for every auto company because they're so smart and the last thing they want to do is that. a national treasure. vo volkswagen, a national treasure. they have 55,000 people in pueblo, a eye gantic plant in mexico. it's probably the best-run plant in the world. >> the german unions will have something to say about a closure. >> oh, my. they're going to have to go back and, like, they're going to ask for the moon, and they may get it. i don't know -- i was just -- look. we sold the ford. we gave up. >> you did. >> that was on warranty issues and a
vw.first ever german factory. >> that was incredible. >> as they struggled with this transition to evs. the other was morgan stanley who trims their ev penetration rate by three points. >> this is -- tesla comes out smelling like a rose in this. that vw, i don't think people realize, that's a national treasure. we never talk about these german elections because they're hard to grip and be able to overlay stocks, be yout wow. vw. that's interesting for every auto company...
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it's just a vw problem, but does it go wide? and it's definitely going wider because of the car makers have show a weakness to and much of it has to do with china. however, looking at the european sector, it is terrible enough with a china situation, but they do have another problem now too because the car market here, especially for electric vehicles, is not doing very well. and now that is leading to an interesting conundrum. here. brussels has of course, very strict emissions regulations. they set emission limits for the average car that a car make a sell so. so that's interesting. in terms of the product mix, the over the last couple of months, electric car sales have gone really down the others combustion still strong. so that kind of skews that whole thing. and now some of these carmakers could be fine . billions of euro's because they not make it within those regulated limits. so they're asking brussels now to loosen their regulation. otherwise, it would not only be expensive, but this thing that would be more job cuts if
it's just a vw problem, but does it go wide? and it's definitely going wider because of the car makers have show a weakness to and much of it has to do with china. however, looking at the european sector, it is terrible enough with a china situation, but they do have another problem now too because the car market here, especially for electric vehicles, is not doing very well. and now that is leading to an interesting conundrum. here. brussels has of course, very strict emissions regulations....
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the leaders the allowed out i had a 1987 vw golf, a 1.6 liter diesel named laura visa and one of them that also ran on oil. yes, it, that expedition from canada to chilly lasted 22 months going on. is it ethics, place you on that kind of, we covered 17 countries and we have 11 people who bordered and disembarked at various points. it was like an uber, savannah, is there a 100 and for one over at that time for adults will have the idea of using the car to educate people. the securing funding for the trip. he visited, schools displayed the car and explained the concepts of recycling. give hello, what was incredible was meeting very remote indigenous communities throughout latin america and in between us and to our maybe can reaching all the capital city, the scarlet. that'd be dallas and collaborating with everyone with the messages of caring for the environmental zone we. i'm being that we helped highlight the importance of rivers, you know, we use the in the struggle to take care of and defend the rivers and they need to educate people about environmental issues related to rivers, a,
the leaders the allowed out i had a 1987 vw golf, a 1.6 liter diesel named laura visa and one of them that also ran on oil. yes, it, that expedition from canada to chilly lasted 22 months going on. is it ethics, place you on that kind of, we covered 17 countries and we have 11 people who bordered and disembarked at various points. it was like an uber, savannah, is there a 100 and for one over at that time for adults will have the idea of using the car to educate people. the securing funding for...
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Sep 3, 2024
09/24
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BLOOMBERG
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one analyst put this out there, vw recognizing just how serious the situation is.e are living in a difficult geopolitical world, and europe has not won the battle. jonathan: more on that story in just a moment. welcome back from the summer. welcome to fall, apparently, in new york city. good morning. ♪ your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ♪♪ sandals jamaica sale is now on, visit sandals.com or call 1-800-sandals ryan t. writes, "moving is stressful. visit sandals.com can you help me take one thing off of my to do list?” ugh, moving's the worst. with xfinity, you can transfer your internet in just a few taps. just a few easy moves. did somebody say “easy moves”? ♪ ♪ oh no. no, i was talking about moving your internet. this will move the internet. ♪ ♪ ooh, ooh. -let's keep it professional. professional dancers! -ok! stay connected during your move with the best in home wifi. easily
one analyst put this out there, vw recognizing just how serious the situation is.e are living in a difficult geopolitical world, and europe has not won the battle. jonathan: more on that story in just a moment. welcome back from the summer. welcome to fall, apparently, in new york city. good morning. ♪ your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job...
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Sep 3, 2024
09/24
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BBCNEWS
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vw�*s works council is vowing fierce resistance to the board's plans.y pacific is inspecting all its airbus a350 jets after the failure of an engine component forced a flight to turn back to hong kong soon after take—off. the news sent shares of rolls royce, the sole engine supplier to the a350 — down over 6%. cathay says it has cancelled 24 return flights today while the planes are checked. rolls royce says it's working closely with the airline, airbus and regulators. brazil's supreme court has upheld a ban on social media platform x, formerly known as twitter, in a unanimous vote byjudges. x has been suspended in brazil since the early hours of saturday amid an ongoing feud between supreme court justice alexandre de moraes and x's owner elon musk over the alleged spreading of disinformation on the platform. coming up: lights, camera, ai. why the movie business shouldn't fear the rise of artificial intelligence. we'll be going to venice to hear from a top film director who is embracing the technology. around the world and across the uk. this is bbc new
vw�*s works council is vowing fierce resistance to the board's plans.y pacific is inspecting all its airbus a350 jets after the failure of an engine component forced a flight to turn back to hong kong soon after take—off. the news sent shares of rolls royce, the sole engine supplier to the a350 — down over 6%. cathay says it has cancelled 24 return flights today while the planes are checked. rolls royce says it's working closely with the airline, airbus and regulators. brazil's supreme...
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of course there's other things going on a vw as well. i mean, these new cost cutting measures have be to now haven't may, just as the full my head of folks log and mountain vince, that colin has gone on trial over the diesel gate emission scandal that back in 2019 folks log and admitted that its software sheeted emissions test. let's take a closer look. mountains into con was once the car industry's most powerful ma'am. ceo with volkswagen group from 2007 to 2015. he's now swap the board room for the courtroom. 9 years ago, v w admitted that had installed and illegal device in around 11000000 vehicles world wide, allowing the company to cheat on emissions testing. dialing down its emissions in the test lab, only to ramp them up in real world use. ensure to give me a form, i sincerely apologize to our customers, the authorities and the general public for the misconduct gloves meal, please believe me. we will do everything to make amends for the damage cost. you have us and we'll do everything to re gain, you'll trust, step by step. so it'
of course there's other things going on a vw as well. i mean, these new cost cutting measures have be to now haven't may, just as the full my head of folks log and mountain vince, that colin has gone on trial over the diesel gate emission scandal that back in 2019 folks log and admitted that its software sheeted emissions test. let's take a closer look. mountains into con was once the car industry's most powerful ma'am. ceo with volkswagen group from 2007 to 2015. he's now swap the board room...
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Sep 18, 2024
09/24
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GBN
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is. >> vw said diesel is better. >> vw said diesel is better. >> scarlett.ey're doing what they're doing. how many more mistakes are we going to find either, whether it be retrospectively , a whether it be retrospectively, a mistake? still a mistake. >> i just want to crowbar in another story before we're out of time. this is interesting. instagram are introducing teen instagram. it's going to have a number of settings which include switching off after 60 minutes. it will not allow any notifications between 10 pm. and 7 am, and it will severely restrict the content that they are able to access. right? welcome news. >> in theory, in print and the eye today. wonderful news. welcome it. the reality is kids will override it. they will put fake dates of dates of birth in. i welcome the fact that instagram for one app will be shut down for these teen accounts between the hours of 10 pm. and 7 am. what about the rest of them? and nick clegg sitting sitting there as head of meta saying, oh, this is great. this is a start. well, i'm sorry, nick. come on, wake up, sme
is. >> vw said diesel is better. >> vw said diesel is better. >> scarlett.ey're doing what they're doing. how many more mistakes are we going to find either, whether it be retrospectively , a whether it be retrospectively, a mistake? still a mistake. >> i just want to crowbar in another story before we're out of time. this is interesting. instagram are introducing teen instagram. it's going to have a number of settings which include switching off after 60 minutes. it...
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Sep 5, 2024
09/24
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BLOOMBERG
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vw has been pushing aggressively toward an ev future, full electric.e data has been shifting aggressively to hybrid. look at the toyota numbers. they sold a ton of hybrids. part of it is lids pivot maybe not as aggressively to those that require a dedicated plant, maybe now they can produce more hybrids on existing facilities. you don't need as much. part of it is the ev slowdown and part of it is political gamesmanship, something they oppose wanted to do is reduce the plant footprint. jonathan: let's talk now ultimately they're crying up for more subsidies? they have to subsidize the hell out of this. >> that is been the issue. the end of last year, germany cut the subsidies and you are saying the result of it in the ev sales kind of follow-up a clip so far this year. in europe, the ev demand is all about subsidies. they have these huge co2 rules they have to comply with. you don't have that issue in the u.s.. they're going to have to step in. the problem is, can his government support the subsidies? that is an open question. until they do so, people
vw has been pushing aggressively toward an ev future, full electric.e data has been shifting aggressively to hybrid. look at the toyota numbers. they sold a ton of hybrids. part of it is lids pivot maybe not as aggressively to those that require a dedicated plant, maybe now they can produce more hybrids on existing facilities. you don't need as much. part of it is the ev slowdown and part of it is political gamesmanship, something they oppose wanted to do is reduce the plant footprint....
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Sep 30, 2024
09/24
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BLOOMBERG
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look at what we saw from bmw, mercedes, vw last week. those stocks ripped, than it is that monday morning reality trick from volkswagen, stellantis. stellantis, vw, the second profit warning in three months. lisa: it is hard to see how to fix this page you could say stimulate china and you get more demand, but will you really get more demand for european auto manufacturers? it sort of raises the question, how much is this a domestic story and how much is it an international story? that is something, structurally, people are trying to get their hands around, where there are national champions in china, and in germany, what are they? they are struggling with overcapacity and no profits to show for it. annmarie: this line they are walking -- i spoke to the german prime minister about this. i said, what will you do? she said, we sharpened our tone on china. will you sharpen your actions? and a time when china is stimulating and they should be leaning into selling more cars, potentially we can buy more, but they will potentially have to raise
look at what we saw from bmw, mercedes, vw last week. those stocks ripped, than it is that monday morning reality trick from volkswagen, stellantis. stellantis, vw, the second profit warning in three months. lisa: it is hard to see how to fix this page you could say stimulate china and you get more demand, but will you really get more demand for european auto manufacturers? it sort of raises the question, how much is this a domestic story and how much is it an international story? that is...
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Sep 30, 2024
09/24
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CNBC
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vw is the under performance here as the company cut guidance. i want show you the under performance with the french index and italian index off 1.5% for both of these markets. i want to put it in perspective. we are close to record highs we hit last week on the back of the chinese stimulus which propelled the luxury stocks and basic resources stocks heigigher. there is a bit of fatigue here. the autos and stellantis cut guidance citing competition and issues in north america. volkswagen, as i said, slashed guidance for the second time in three months and warning of further risks ahead. aston martin now expects a full-year ebitda to be lower than last year with the declines in the high single digits. volkswagen off 2.5%. stellantis down a whopping 12%. frank. >> carolin roth, thank you very much, live in the london newsroom. >>> we turn back to the markets and the dow up more than 8%. the s&p up 5% and the nasdaq, technically the laggard here up 2%. joining me now is nancy from essex investment management. nancy, good morning. great to see you. >
vw is the under performance here as the company cut guidance. i want show you the under performance with the french index and italian index off 1.5% for both of these markets. i want to put it in perspective. we are close to record highs we hit last week on the back of the chinese stimulus which propelled the luxury stocks and basic resources stocks heigigher. there is a bit of fatigue here. the autos and stellantis cut guidance citing competition and issues in north america. volkswagen, as i...
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Sep 26, 2024
09/24
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FBC
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other fighting for them in tennessee has a lot about a manufacturing we have the gm plant in springhill vwn chattanooga and you have four, doing a massive plant and over and west tennessee any of the over the toyota plant over in jackson tennessee. there is plenty of other manufacturing here in nissan ten county and brotherton county and we like the fact that our workers know how to make great automobiles and michiganders, they feel the same about their workers and i think that those rank-and-file, going to be completely supporting president donald trump because they understand economics and you know another thing they understand, the federal government is overspent and inflation is too high in the dollar does not go near as far as it did when donald trump was president. larry: yes yes ma'am and cannot every morning thank you ever so much center blackburn have fun in michigan and coming up here in kudlow, new york city mayor eric adams is getting busted. and kamala harris still won't show up for cardinal catholic charities the still be recipes. recipes written by hand and lost to time. are
other fighting for them in tennessee has a lot about a manufacturing we have the gm plant in springhill vwn chattanooga and you have four, doing a massive plant and over and west tennessee any of the over the toyota plant over in jackson tennessee. there is plenty of other manufacturing here in nissan ten county and brotherton county and we like the fact that our workers know how to make great automobiles and michiganders, they feel the same about their workers and i think that those...
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Sep 5, 2024
09/24
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BBCNEWS
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does looking at the vw have announced a few closure or they will have to —— there is clearly a profitabilitys were looking to put their euro disappointment behind but poland soon went ahead through sebastian szymanski. scotland had a goal ruled out by var, then gave away a penalty, and robert lewandowski stepped up to make it 2 nil. they'd played well but wasted chances until billy gilmour struck back straight after the break. the comeback gathered steam and scott mctominay got his side back on equal termspoland also fared poorly at the euros and scotland travel to portugal next on sunday. debtor is a 3— to win. —— it was a 3— t win. northern ireland began their group 3 campaign with luxembourg in belfast. luxembourg were on the back foot from the off and paddy mcnair gave the the hosts the lead after 10 minutes. their superb start continued and after a quarter of an hour they doubled the lead through dan ballard. they're off to bulgaria on sunday. to cricket and england head coach brendon mccullum has been setting out his expectations as he prepares to take over all of england's cricket tea
does looking at the vw have announced a few closure or they will have to —— there is clearly a profitabilitys were looking to put their euro disappointment behind but poland soon went ahead through sebastian szymanski. scotland had a goal ruled out by var, then gave away a penalty, and robert lewandowski stepped up to make it 2 nil. they'd played well but wasted chances until billy gilmour struck back straight after the break. the comeback gathered steam and scott mctominay got his side...