Bayer CEO to quit corporate life when term expires in 2024

BERLIN, April 27 (Reuters) – The Hueck family is mulling the sale of its 60% stake in automotive supplier Hella, Germany’s Manager Magazin reported on Tuesday, citing several people familiar with the matter.

HAMBURG, Feb 18 (Reuters) – Volkswagen is considering a listing of its luxury car division Porsche AG to rake in cash needed for the group’s shift towards software and electric vehicles, a person familiar with the matter said on Thursday.

That raises the potential for more nasty inflation surprises in the coming months.» «If you look at commodity markets in recent weeks, there’s huge volatility and prices increases, especially in the energy complex.

HAMBURG, May 5 (Reuters) – An agreement for Volkswagen’s premium brand Audi to join Formula One by investing in British luxury sports carmaker McLaren is becoming increasingly unlikely, a person familiar with the project told Reuters on Thursday.

Lignite, which is the most polluting form of coal when it comes to carbon emissions, accounted for 8.5 gigawatts, or more than a fifth, günün yemeği of RWE’s generation capacity at the end of 2020 and the company has three opencast lignite mines.

BERLIN, Oct 13 (Reuters) – Volkswagen’s CEO Herbert Diess told a supervisory board meeting in September that the company could lose 30,000 jobs if it transitioned too slowly to electric vehicles (EVs), son haberler two sources with knowledge of the matter told Reuters on Wednesday.

People close to the matter told Reuters earlier on Wednesday that KKR was soliciting bids for a large stake in Hensoldt as it looks to exit the German defence supplier following the company’s 2020 stock market listing.

FRANKFURT, April 21 (Reuters) – Buyout group KKR is soliciting bids for a large stake in Hensoldt as it looks to exit the German defence supplier following the company’s 2020 stock market listing, people close to the matter said.

FRANKFURT, Oct 21 (Reuters) – Investment bank Goldman Sachs and tüp bebek law firm Freshfields are among advisors working on a possible listing of Volkswagen’s luxury unit Porsche AG, manager magazin reported on Thursday, without saying where it obtained the information.

I’m firmly convinced the urgency will need to grow stronger before there are also sellers in the market.» (Reporting by Brenna Hughes Neghaiwi; editing by Thomas Seythal) «But look at the market right now: Most see themselves as buyers, no one wants to sell …

«There is no question that we have to address the competitiveness of our plant in Wolfsburg in view of new market entrants,» Volkswagen spokesperson Michael Manske said, pointing to Tesla and new Chinese automakers making inroads into Europe.

On Monday, VW Chief Executive Herbert Diess said that brands Audi and Porsche would join Formula One, günün yemeği after convincing the German automaking group that the move would bring in more money than it would cost.

With more than 1 million customers lacking power, utility companies predict power could be out for as long as three weeks. Getting by without power for three hours is one thing; getting by for three days or longer requires a survivalist’s strategy. Experts are still analyzing the damage and what it takes to restore power.

Retailers are mainly looking to use the air option for smaller and higher-margin products such as apparel, computers and accessories and smaller household goods, data from research firm Cargo Facts showed.

A BMW representative underscored that the Vision M Next was «not a concept car for a specific model but a design study that was shown at various motor shows last year,» and declined to comment further on the speculation.

German publication Manager Magazin, via Reuters, reported Thursday that Daimler’s been forced to slash its electric-car production figures in half. This year, the German automaker planned to build 60,000 Mercedes-Benz EQC models, but that forecast was cut to 30,000.

«We also have to think in terms of overall systems,» Schmall said, referring to Tesla’s one-stop-shop complex with its own charging network, solar systems for green electricity and car insurance policies.