Full speed in the factory – but order intake is plummeting
Record production and deliveries and a significant profit increase characterize the third quarter for truck manufacturer Scania. However, order intake points sharply downward. We are looking at the best way to help them, says CEO Christian Levin about battery supplier Nortvholts' crisis.
Business
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Northvolt owner: The situation is serious
The battery manufacturer Northvolt's cash reserves need to be replenished. Major lenders are meeting today to discuss a new lifeline, according to the news agency Bloomberg. "The situation for the company is serious", writes Jens Söderblom, press chief at Northvolt owner AMF.
Business
The Crisis for Electric Cars - "Rather an Adjustment"
Declining sales, halted investments, scrapped targets, lowered forecasts, and cutbacks. The electric car industry in Europe is facing headwinds. Unprofitable investments may now be eliminated, experts warn.
Cars
German Minister Robert Habeck Considers Support for the Car Industry
Germany's Minister of Economy Robert Habeck says that support measures for the German car industry may become relevant, in connection with a visit to an electric car factory in northwestern Germany. The statement is made ahead of a meeting with the top executives of the German car manufacturers on Monday.
Cars
