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German-Austrian Technology Forum Deals With Change Towards Sustainable Economies

The question of industry in a more sustainable world has been a key issue in business for many years. Now, the German Chamber of Commerce in Vienna organised an event that invited industry representatives to discuss the shift towards sustainable business.

October 3, 2022

President of the German Chamber of Commerce in Austria Urges People to Vaccinate

Hans Dieter Pötsch, President of the German Chamber of Commerce in Austria (DHK), recently urged everyone to get vaccinated during the 66th General Assembly of the DHK. Read about Mr. Pötsch's urgent appeal and his outlook on economic relations between Germany and Austria.

November 30, 2021

ECJ Bans Exhaust Software: Anschober and Gewessler Demand Changes

The European Court of Justice has decided to ban software used to embellish exhaust emission values in diesel cars. Austria's Climate Protection Minister Gewessler and Consumer Protection Minister Anschober hope for a move by the car manufacturers in order to provide retrofits and compensate injured consumers.

December 17, 2020

Share of E-Cars in New Registrations Exceeds 10 Percent

For the first time ever, electronic cars made up more than 10 percent of the new registrations of motor vehicles. Although the numbers of new registered vehicles is far lower compared to last year, the e-mobility sector has seen an obvious increase in numbers over the recent months.

December 11, 2020

2,300 Potential Job Losses in Steyr

The German truck and bus subsidiary MAN announced that 9,500 jobs are in danger due to reorganization of the company. 2,300 and therefore the total workforce of the production site in Steyr, Austria might be included in the cut.

September 11, 2020

Wealthiest Austrian Deceased

Ferdinand Karl Piëch, former manager and major shareholder of Porsche Automobil Holding, died at the age of 82 after a visit to a restaurant. He was head of Volkswagen for almost ten years, later becoming Chairman of the Supervisory Board. He retired from the Group in 2015.

August 27, 2019

TTTech Sets Up Joint Venture in Shanghai to Deploy Key Technology for Autonomous Driving Cars in China

The Vienna-based technology company TTTech and China's largest automotive group Shanghai Automotive Industry Corporation (SAIC) announced a joint venture with the intention to produce an Intelligent Driving Central Controller (iECU), which will be installed on the first China-made intelligent driving vehicle later this year. TTTech holds 49.9 percent in the new joint venture.

March 15, 2018

Strabag Builds Volkswagen Factory in Wrzesnia, Poland

Strabag Sp. z o.o., the Polish subsidiary of publicly listed Strabag SE, has been awarded the contract to build a new production plant for Volkswagen commercial vehicles in Poland. The automobile manufacturer plans to manufacture the next generation of its VW Crafter delivery van in the new factory in Września. Strabag has been commissioned to build three of the five modern production and industrial buildings that form part of the overall investment by the middle of 2015.

December 3, 2014

Rising Market Share for Porsche Holding

The Salzburg-bases Porsche Holding announces that more than every third sold car in Austria comes from the VW/Porsche Group.

December 28, 2011

Increase of Car Production in Czech Republic and Slovakia

Last week, the Czech Statistics Office announced that industrial production since the beginning of the year increased by 3.5 percent mainly due to the automotive industry.

October 12, 2011

Drop in Car Production in Poland

In September 2011, the production of passenger cars and commercial vehicles in Poland amounted to 70,521 units, an increase by 63,24% (27,319 units) compared to August 2011 reported the Samar Institute.

October 12, 2011

Verbund Plans an Investment for €600m in the U.S.

A new financial and strategic direction seems to be set by the Austrian Verbund group. Electric mobility is to be promoted.

March 16, 2011

Volkswagen Acquires Automobile Trading Business of Porsche Holding Salzburg

Next major step towards the creation of the integrated automotive group of Volkswagen and Porsche

March 3, 2011

Takeover of the Austrian Porsche Holding

The majority owner VW could soon take over the Austrian part of the Porsche Group. The price is € 3.3bn.

March 1, 2011

Ferdinand Piëch: Fortune Transferred to Austrian Foundations

The 73-year-old Porsche co-owner and Volkswagen's supervisory board chairman Ferdinand Karl Piëch has bequested his fortune.

September 20, 2010
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