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The Vitesco Technologies logo on a sign in front of the factory premises / Photo: Armin Weigel/dpa

Vitesco earns more before merger with Schaeffler

The automotive supplier Vitesco has earned significantly more in its day-to-day business. For the year as a whole, the Regensburg-based company achieved earnings before interest and taxes of 341.1 million euros, adjusted for special effects, as announced on Friday. This was a good half more than in ..

A symbol marks a parking space at a charging station for electric cars / Photo: Julian Stratenschulte/dpa/Symbolbild

More cars produced - e-mobility falls short of expectations

More vehicles were produced in Saxony's car factories in 2023 than in the previous year. The number rose by ten percent to 560,000, the Ministry of Economic Affairs and the Automotive Suppliers Network Saxony (AMZ) announced on Sunday. With 253,000 e-cars, electromobility fell somewhat short of expe ..