Christoph Rauwald

Business, Technology, Equipment

VW Stock Gets Boost From Planned IPO of Heavy-Truck Division

vw A Traton International LT A26 haulage truck. (Krisztian Bocsi/Bloomberg News)

Volkswagen AG shares climbed the most in two weeks after the German automaker revived plans for a partial offering of its Traton SE heavy-truck division and said it may dispose of two noncore businesses.

Christoph Rauwald | Bloomberg News
May 14, 2019
Business, Technology

VW Said to Revive Push to Separate Peripheral Units

vw The Volkswagen ID. Roomzz electric SUV stands on display at the Auto Shanghai 2019 show. (Qilai Shen/Bloomberg News)

Volkswagen AG is renewing efforts to sell minority stakes in non-core operations to streamline its business and focus on the main passenger-car brands, according to people familiar with the matter.

Christoph Rauwald | Bloomberg News
May 6, 2019
Government, Business

Continental Sticks to Powertrain IPO Plan Amid Profit Slump

A converter component for hybrid and electric vehicles A converter component for hybrid and electric vehicles inside the Continental automotive powertrain factory. (Alex Kraus/Bloomberg News)

Continental AG is moving ahead with plans to carve out its powertrain division while postponing a final decision, as the German auto-parts maker adapts to the disruptive and costly shift to self-driving electric cars.

Christoph Rauwald | Bloomberg News
April 26, 2019
Business, Technology, Autonomous

VW to Cut Jobs, Costs in Transition to Electric, Autonomous Cars

Volkswagen Logo Krisztian Bocsi/Bloomberg News

Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self-driving cars.

Christoph Rauwald | Bloomberg News
March 13, 2019
Business, Technology

VW Boosts EV Push to 22 Million Cars as Porsche, Audi Slip

Diess VW CEO Herbert Diess (Krisztian Bocsi/Bloomberg News)

Volkswagen AG aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit margins.

Christoph Rauwald | Bloomberg News
March 12, 2019
Government, Business, Logistics

US Tariffs Could Wreak Havoc on Auto Industry, Toyota President Says

Toyota The Toyota Motor Corp. logo is displayed at the company's head office in Tokyo, Japan. (Akio Kon/Bloomberg News)

Toyota Motor Corp. President Akio Toyoda called on President Donald Trump to make a “careful and appropriate decision” on whether car imports to the United States are a national security threat, and potentially impose tariffs, to avoid possible ripple effects across the industry.

Christoph Rauwald | Bloomberg News
February 21, 2019
Business, Technology

Elon Musk Tweet Sparks Mercedes-Tesla Talks Over Electric Van Project

Sprinter van Daimler AG’s Mercedes-Benz Sprinter van (Krisztian Bocsi/Bloomberg News)

Elon Musk’s praise for Daimler AG’s Mercedes-Benz Sprinter van triggered talks between the German manufacturer and Tesla Inc. over potential cooperation on an electric version.

Christoph Rauwald | Bloomberg News
February 6, 2019
Business, Technology, Autonomous

Daimler, Bosch Cruise Into Robotaxi Era With Slow Shuttles

Concept vehicle Daimler’s Vision Urbanetic with electrically powered chassis has switchable bodies to transform into a cargo-version sibling. (Krisztian Bocsi/Bloomberg News)

Four years ago, Daimler AG dazzled with a self-driving luxury lounge in Las Vegas. This year the Mercedes-Benz maker is back at the annual Consumer Electronics Show, though with a more utilitarian slant: a bubble-like autonomous shuttle designed to reliably ferry people and goods around town at limited speeds.

Christoph Rauwald | Bloomberg News
January 7, 2019
Business, Technology, Equipment, Autonomous

Daimler Equips Mercedes Actros With Automated Steering, Braking

Actros New Mercedes-Benz Actros. (Mercedez-Benz via Youtube)

Daimler AG is equipping its flagship Mercedes-Benz truck with technology that can take the wheel in situations ranging from stop-and-go city driving to highway cruising.

Christoph Rauwald | Bloomberg News
September 5, 2018
Business, Technology, Equipment, Safety

VW Mobility Chief Ole Harms Says Self-Driving Cars Core to Plan

MOIA GmbH

Volkswagen AG’s fledgling Moia mobility unit is betting on the rise of self-driving cars to deliver on its plan to catch up with ride-hailing leaders such as Uber Technologies Inc. without burning through piles of cash.

Christoph Rauwald | Bloomberg News
June 26, 2018

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