Chinese electric car manufacturer Byton stops production

Byton Design boss Benoit Jacob presented the M-Byte at CES in January. (Photo: AP) Shanghai The corona crisis is putting Chinese electronics manufacturer Byton under pressure. The company, which was founded three years ago with ambitious expansion plans, announced on Tuesday that production would be suspended from July 1 in order to reorganize itself. “The […]

Mathias Albert leads the “Airbnb for cars”

Dusseldorf Mathias Albert gives himself a somewhat dubious testimony. “I’m a car lover,” says the 51-year-old. At 19, he drove extraordinary cars, he says. A Ford Granada with a V6 engine, for example. After training as an industrial clerk in a building materials wholesaler, he set up his own business in 1988 and founded his […]

Criminal proceedings against Diess and Pötsch have been terminated

Brunswick, Wolfsburg VW CEO Herbert Diess and the chairman of the supervisory board, Hans Dieter Pötsch, no longer have to fear convictions in the diesel affair. As the Wolfsburg-based automaker confirmed on Tuesday evening, the criminal proceedings against the two car managers will be terminated against the payment of a cash payment in the millions. […]

VW sales in Germany fell by 67 percent in April

Employees at the VW plant in Wolfsburg Due to the corona crisis, VW has been able to sell almost no cars in some European countries. (Photo: dpa) Wolfsburg Volkswagen sold two thirds fewer vehicles in April due to the standstill in the corona crisis in Germany. This means that the home market has held up […]

What owners need to consider when it comes to insurance

Munich Higher grants should finally help electric cars make a breakthrough on Germany’s roads. That was the plan when, at the end of February, the European Commission waved the government’s planned increase in subsidies for electric cars. Buyers of new cars are currently receiving a bonus of up to € 6,000 when purchasing a purely […]

SAP needs to improve cybersecurity

Software company SAP Security gaps were found at the software company SAP. (Photo: dpa) Walldorf The Walldorf-based software group SAP needs to improve some cloud products due to deficiencies in cybersecurity. An internal investigation found that some SAP cloud applications did not currently meet one or more contractually agreed or legally required IT security standards, […]

Consumer advocates compare millions with VW

Around 235,000 of the 262,500 authorized vehicle owners have accepted the offer, and a further 17,000 cases are currently being examined. In the model declaratory action, the VZBZ accused the Wolfsburg-based company of deliberately harming its customers with falsified diesel emissions values. VW denied the allegations. After 18 months of negotiations, VZBV board member Klaus […]

Consumer advocates compare millions with Volkswagen

Around 235,000 of the 262,500 authorized vehicle owners have accepted the offer, and a further 17,000 cases are currently being examined. In the model declaratory action, the VZBZ accused the Wolfsburg-based company of deliberately harming its customers with falsified diesel emissions values. VW denied the allegations. VZBV board member Klaus Müller draws a positive conclusion […]

Hamster purchases have given Nestlé the strongest growth in years

Nescafé cans Because of the exit restrictions imposed in many countries, consumers took precautionary measures in March with finished products, animal feed and coffee. (Photo: Reuters) Zurich Stock purchases in the corona crisis gave Nestlé a strong start to the year. Because of the exit restrictions imposed in many countries, consumers took precautionary measures in […]

Chloroquine: what can the corona medicine do?

On Wednesday, US scientists submitted a study that the use of these agents in the therapy of patients with the novel lung disease has not achieved the desired success. Hydroxychloroquine is an active ingredient derived from chloroquine, both of which are normally used for malaria prophylaxis or for rheumatoid arthritis. In laboratory tests, however, it […]