Audi profit collapses

Audi profit collapses

Above all, the fine of 800 million euros imposed by the munich public prosecutor’s office in the diesel scandal has had a negative impact on the interim balance sheet, the ingolstadt-based carmaker said.

In addition, there were high costs for new models, the conversion of plants for electric cars and sharply lower sales figures due to the delays in the registration of vehicles according to the new consumption measurement standard WLTP. For many years, audi has been the strongest profit earner in the VW group.

Toyota returns to its old strength

Toyota returns to its old strength

This was announced by the company on friday in tokyo. A year ago, toyota was just in the black due to the japanese earthquake and tsunami disaster. At that time, japanese car production had temporarily come to a complete standstill.

In the past quarter, toyota sold 2.27 million cars, almost twice as many as a year ago. In the first six months of 2012, the japanese had again passed rough rivals general motors (GM) and VW in global sales figures. Toyota sells 4.97 million vehicles, 34 percent more than in the first half of 2011. For the year as a whole, toyota boss akio toyoda now expects sales of 8.8 million cars, 100,000 more than before.

Press brings 900 tons of pressure

The woco group is currently investing a million euro sum in the kronach branch. Because a hall with another 2500 square meters is being built on the already 10,000 square meters of land. They are intended to accommodate assembly and shipping, explains plant manager rudi grebner.

The construction vehicles are scurrying around. Because time is running out. Although ground was only broken in march, assembly is to move this year. And directly attached "loadhouses will then ensure in the future that customer parts can be delivered directly from completion. "With the new hall, we are optimizing processes and saving on travel", says grebner and is already looking forward to the future.
The kronach site has established itself as a firm fixture in the woco world.