Christoph Rauwald

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
Business, Equipment

Volkswagen AG Names First Female Labor Leader

VW A VW showroom. (Liesa Johannssen-Koppitz/Bloomberg News)

Volkswagen AG’s powerful works council picked its first female leader to succeed Bernd Osterloh, 64, who will take over as personnel chief at the German industrial giant’s Traton SE trucks division next month.

Christoph Rauwald | Bloomberg News
April 23, 2021
Business, Technology, Fuel, Autonomous

Audi Takes On Tesla’s Model Y With Entry-Priced Electric SUV

Audi Q4 e-tron concept The Audi Q4 e-tron concept SUV is unveiled at the Geneva International Motor Show on March 5, 2019. (Stefan Wermuth/Bloomberg)

Audi’s new Q4 e-tron will go head-to-head with Tesla Inc. in the fast-growing market of compact crossover SUVs to help parent Volkswagen AG narrow its electric-car sales gap with the world leader.

Christoph Rauwald | Bloomberg News
April 14, 2021
Government, Business, Fuel

Daimler’s Legal Risks Around Emissions Linger Ahead of Revamp

Mercedes-Benz logo. (Krisztian Bocsi/Bloomberg News) Krisztian Bocsi/Bloomberg News

Daimler AG shares have soared since the pandemic forced the Mercedes-Benz maker to postpone its annual shareholders’ meeting around this time a year ago. Its chairman’s swan song still will hit some low notes.

Christoph Rauwald | Bloomberg News
March 30, 2021
Business, Technology, Equipment, Fuel

VW Shares Soar on Plans to Beat Tesla

A VW ID.3 electric vehicle is seen inside the company's Autostadt delivery towers in Wolfsburg, Germany. A VW ID.3 electric vehicle is seen inside the company's Autostadt delivery towers in Wolfsburg, Germany, in October 2020. (Liesa Johannssen-Koppitz/Bloomberg News)

Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.

Christoph Rauwald | Bloomberg News
March 16, 2021
Business, Technology

Continental Bets on Automated-Driving Growth in Unit Overhaul

Continental logo Continental AG headquarters in Hanover, Germany. (Markus Hibbeler/Bloomberg)

Continental AG will create a dedicated unit for its self-driving technology as the German automotive supplier hopes to benefit from rising sales for electric cars filled with electronic gadgetry.

Christoph Rauwald | Bloomberg News
March 16, 2021

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