Christoph Rauwald

Business, Technology, Equipment

VW Bets on Scania to Lead Traton’s Challenge of Daimler, Volvo

Scania trucks Scania trucks travel in a platoon in Europe. (Scania)

Traton SE is banking on its Swedish Scania brand, one of the world’s most profitable truck makers, to beat a path to challenging industry leaders Daimler Truck AG and Volvo AB with newcomers like Nikola Corp. also making a push.

Christoph Rauwald | Bloomberg News
December 17, 2021
Business, Technology, Autonomous

VW Boosts Future Tech Spending, Enlarges Management Board

Volkswagen electrification A worker secures a battery pack to the undercarriage of a VW electric automobile at the factory in Dresden, Germany. (Liesa Johannssen-Koppitz/Bloomberg)

Volkswagen AG raised its five-year spending plan and overhauled its management board, seeking to catch up with Tesla Inc. and end an internal dispute over the changes needed to get there.

Christoph Rauwald | Bloomberg News
December 9, 2021
Business, Technology

VW CEO Open to Third Parties Taking Stakes in Software Unit

VW CEO Open to Third Parties Taking Stakes in Software Unit A Volkswagen logo on an engine. (Daniel Acker/Bloomberg News)

Volkswagen AG is open to external partners taking stakes in the manufacturer’s new software division as traditional automakers fight to catch up with Tesla Inc. on digital features.

Christoph Rauwald | Bloomberg News
November 30, 2021
Business, Logistics

VW CEO Tells German Workers Tesla Factory Will Threaten Jobs

VW CEO Tells German Workers Tesla Factory Will Threaten Jobs The construction site office at the Tesla Inc. Gigafactory site in Gruenheide, Germany. (Krisztian Bocsi/Bloomberg)

Volkswagen AG CEO Herbert Diess urged German workers to prepare for a deeper overhaul to remain competitive when Tesla Inc. ramps up vehicle production at its first European factory outside Berlin next year.

Christoph Rauwald | Bloomberg News
November 4, 2021
Business

Daimler Trucks to Report Regional Profit in Savings Goal Chase

outside the Daimler AG truck factory in Woerth, Germany Trucks outside the Daimler AG truck factory in Woerth, Germany. (Alex Kraus/Bloomberg News)

Daimler AG’s truck unit plans to ring in life as an independent company by delivering on savings targets and disclosing regional earnings in a bid to put to bed criticism it’s lagging the returns of rivals.

Christoph Rauwald | Bloomberg News
October 27, 2021
Government, Business, Technology, Equipment

VW’s Traton Flags Significant Sales Hit From Chip Shortage

Traton The new Infineon Technologies AG chip factory in Villach, Austria. (Akos Stiller/Bloomberg News)

Volkswagen AG’s truck division Traton SE became the latest manufacturer to warn the global shortage of semiconductors is jeopardizing deliveries.

Christoph Rauwald | Bloomberg News
September 22, 2021
Business, Technology, Equipment

Daimler Profit Trounces Estimates as Shortages Lift Prices

Daimler A Daimler AG Mercedes-Benz AMG A 35 sedan on display. (Natan Dvir/Bloomberg News)

Daimler AG posted far higher earnings than analysts expected by joining peers in commanding better pricing for vehicles in the midst of the global semiconductor shortage.

Christoph Rauwald | Bloomberg News
July 15, 2021
Business, Technology, Fuel, Autonomous

VW CEO Sees Autonomy Transforming Cars More Than Electrification

Volkswagen CEO Herbert Diess. (Krisztian Bocsi/Bloomberg News) Volkswagen CEO Herbert Diess. (Krisztian Bocsi/Bloomberg News)

Volkswagen AG is undergoing the world’s largest industrial overhaul for the electric-vehicle age, plotting half a dozen battery plants just in Europe and retooling assembly lines around the globe. And yet, its CEO sees autonomous-driving technology bringing about an even bigger shift.

Christoph Rauwald | Bloomberg News
June 22, 2021
Business, Technology

Bosch Opens Chip Factory to Help Relieve Global Shortage

semiconductor chips 300-millimeter silicon wafers at the new Bosch plant in Dresden, Germany. (Krisztian Bocsi/Bloomberg News)

Robert Bosch GmbH opened a 1 billion euro ($1.2 billion) semiconductor chip factory that gradually should help alleviate supply constraints and herald broader efforts to make Europe less dependent on imports from Asia or the U.S.

Christoph Rauwald | Bloomberg News
June 7, 2021
Business, Technology, Fuel, Autonomous

Mercedes Unveils Electric Van for Growing Battery-Powered Lineup

Mercedes EQT Mercedes-Benz

Mercedes-Benz is giving a sneak peek of an electric van that is among the models broadening its battery-powered range over the next year.

Christoph Rauwald | Bloomberg News
May 10, 2021

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