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International

Ilona Wissenbach

Volkswagen CEO warns a delay in shift to electric vehicles could cost 30,000 jobs - sources

Oct 13 2021

BERLIN Volkswagen's CEO Herbert Diess told a supervisory board meeting in September that the company could lose 30,000 jobs if it transitioned too slowly to electric vehicles (EVs), two sources with knowledge of the matter told Reuters on Wednesday. | Video

Europe's carmakers face raw material bottleneck for EV batteries

Oct 13 2021

FRANKFURT Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials.

Daimler CEO says carmakers could face chip shortage into 2023

Sep 05 2021

MUNICH Soaring demand for semiconductor chips means the auto industry could struggle to source enough of them throughout next year and into 2023, though the shortage should be less severe by then, Daimler AG's CEO said on Sunday.

Lufthansa cash-positive this summer, rescue deal on track - CEO

Aug 31 2021

(Corrects first and fourth paragraph to show Spohr spoke to journalists on Monday, not in an interview to Reuters on Tuesday. Also corrects to show cargo profit figure in last paragraph refers to H1 2021, not to last year.)

Lufthansa narrows loss on cost cuts, booking recovery

Aug 05 2021

FRANKFURT (Reuters) -Germany's Lufthansa said on Thursday recovering air travel and progress on cost savings helped the airline further narrow its losses in the second quarter and record cash inflow for the first time since the start of the coronavirus crisis. | Video

Vulcan's German unit signs to sell lithium to South Korea's LG Chem

Jul 19 2021

MELBOURNE, Australia (Reuters) -Australia-listed lithium miner Vulcan Energy Resources said on Monday it had signed a long-term deal to sell lithium hydroxide from its German project to the battery unit of South Korea's LG Chem.

EU set to call time on combustion engine within two decades

Jul 14 2021

LONDON The European Union is set to propose measures on Wednesday, as part of a broad climate package, that signal the end of petrol (gasoline) and diesel car sales within 20 years, and accelerate a switch to electric propulsion.

Generationswechsel an der Bosch-Spitze - Hartung folgt Denner

Jun 25 2021

Frankfurt Der Technologiekonzern Bosch steht nach fast einem Jahrzehnt vor dem Führungswechsel: Der bisherige Bosch-Chef Volkmar Denner (64) tritt zum Ende dieses Jahres ab, wie das Unternehmen am Donnerstag mitteilte.

Merkel fordert Tempo bei Luftfahrt-Innovationen - "so schnell wie möglich"

Jun 18 2021

Berlin/Frankfurt Luftfahrt und Politik wollen "grünes" Fliegen in Deutschland mit staatlicher Förderung vorantreiben.

Lufthansa verlässt Krisen-Modus - Kapitalerhöhung kommt

Jun 15 2021

Frankfurt Die Lufthansa betrachtet die akute Corona-Krise als beendet und will durch einen gründlichen Umbau gestärkt aus ihr Pandemie hervorgehen.

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