Evergrande Auto shares nosedive - funds frozen

Yesterday was probably the blackest day so far in the current development around the Evergrande Group. Not only the shares of the Auto Division are in a nosedive. The monies of an Evergrande daughter were

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Volvo Cars is temporarily reducing production

For the second quarter, Volvo Cars sees the situation increasingly critical. Production in many plants will be temporarily cut back. The reason for this is a lack of semiconductor components, which not only affects Volvo. Other Swedish ones too

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Automotive industry. The perfect storm is catching up.

After seemingly endless years of success, a violent storm is brewing over the German auto industry. It could turn out to be a perfect storm because the reasons aren't all homemade. Something is brewing in

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NEVS crisis - Salaries delayed

It's one of those messages that I don't like to report. If I'm completely open, then I can't stand days like this at all. Because the blog has had business news and crises over the years

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NEVS makes the turn - result

When you start a survey, you usually have a forecast of the outcome at hand. In the current case it was as follows: When asked “Did NEVS turn around” and the answer options yes-no-no matter, I did the math

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