Last spring, BMW and the Avtotor Kaliningrad plant there has been a discord: due to economic inexpediency, the range of models produced was radically reduced, and then the German concern did not participate in the Special Investment Contract (SPIC), which Avtotor concluded with the Ministry of Industry and Trade. However, now the companies have announced … Read more
Munich The list of investors in the software company Remberg reads like a who’s who of the German start-up scene. After the latest round of financing, five founders of start-ups with a valuation in the billions belong to the group of investors, including Personio boss Hanno Renner and Celonis founder Bastian Nominacher. “It’s a reassuring … Read more
Series production of the BMW i4 Within the transformation, German automakers are assuming the role of challengers. (Photo: dpa) Düsseldorf Peter Mertens knows something about the car industry. For 35 years, the qualified mechanical engineer held leading positions in large car companies. He was head of technology at Audi until 2018, when his second cancer … Read more
Florian Ilchman The managing partner founded his company Ambright 13 years ago. (Photo: Ambright) Munich Let there be light – in every imaginable form and at reasonable prices: Florian Ilchmann wants to revolutionize the lighting business with his high-tech company Ambright. A concept that the managing partner describes as “industrialized individuality”. The Munich native has … Read more
Hands off the steering wheel At less than 60 kilometers per hour, the S-Class can drive itself on autopilot. (Photo: dpa) Munich Emotional outbursts are actually alien to Markus Schäfer. Daimler’s Chief Technology Officer is considered a sober engineer. At the beginning of December, however, the manager was unusually sensitive, even passionate. “The lunar module … Read more
Carlos Tavares The Stellantis boss is sticking to his basic course for the Opel renovation. (Photo: Archyde.com) Paris Carlos Tavares is not in a good position in Germany as head of Opel parent company Stellantis. After violent protests from politicians and unions, Tavares had to withdraw his plans to spin off the plants in Rüsselsheim … Read more
Düsseldorf There may be signs of a trend reversal in the markets. Reason: The yields on benchmark bonds in the USA and Germany have now risen to their highest level since the beginning of the corona pandemic. A further increase is unlikely to leave the German stock market unscathed and at least cause higher fluctuations. … Read more
In pictures: BMW’s new car Cairo – Gateway to the Center | Sunday January 09 2022, 12:09 pm BMW iXflow..a car that changes its color at the push of a button using electronic ink technology BMW has unveiled for the first time the iX Flow concept car, which is equipped with e-ink electromagnetic technology that … Read more