(IN BRIEF) The news story is about DHL Freight launching a new, sustainable intermodal rail freight service between Germany and Denmark. The service will depart from Duisburg in Germany and Padborg in Denmark, with three weekly departures each way. The … Read the full press release
(IN BRIEF) The United States and the European Union have agreed to a five-year truce in their long-standing dispute over subsidies provided to Boeing and Airbus. The dispute, which began in 2004, has seen the two sides impose tariffs on … Read the full press release
(IN BRIEF) Enel, the Italian multinational energy company, has launched a new digital platform named “Beyond Reporting 2022” to promote sustainable development, a green energy system, and decarbonization of its power generation. The digital platform is an integrated reporting system … Read the full press release
(IN BRIEF) Volkswagen Group’s volume brands, Volkswagen, Škoda, SEAT/CUPRA, and Volkswagen Commercial Vehicles, have published a quarterly report for the first time, showing their positive performance in the first quarter of 2023. The report reflects a doubling of operating profit … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Management
Tagged CUPRA, full-electric vehicles, Operating profit, SEAT, ŠKODA, Thomas Schäfer, Volkswagen, Volkswagen Commercial Vehicles, Volkswagen Group
(IN BRIEF) CARIAD, Volkswagen Group’s software subsidiary, has announced a comprehensive realignment plan to accelerate execution of the E³ platforms, develop software-defined vehicles (SDV), and intensify technology partnerships with tech players. Peter Bosch, former Member of the Board for Manufacturing … Read the full press release
Posted in Automotive, Germany, Industrial, Management, Technology
Tagged appointment, Bentley, CARIAD, Michael Steiner, Peter Bosch, restructuring, Scout Motors, SDV, software-defined vehicles, Volkswagen AG, Volkswagen Group
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a loan of €25 million to Mav Elektrik, a Turkish energy company, to replace loans that funded the construction of the Arikcayiri biomass power plant. The plant is … Read the full press release
(PRESS RELEASE) BUCHAREST, Romania, 8-May-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 15 May 2023 at 14:00 UK time/16:00 EEST (Romania local time) it will host a conference call to discuss the Q1 2023 … Read the full press release
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