Companies + Products

The article delves into several key management changes and strategic moves within the automotive industry. Thomas Illner is set to take over as Chief Operating Officer at Porsche Germany, marking a significant shift in leadership. Michael Lohscheller has been elected as the new president of the VDIK, bringing his extensive experience from various automotive companies. Giuliano Davoli has been appointed as the new CFO of Stellantis Germany, reflecting a reshuffling of financial leadership. Additionally, Freudenberg Sealing Technologies has inaugurated a new carbon-neutral production facility in Spain, showcasing a commitment to sustainability. Renault has unveiled the production version of the Renault 5 E-Tech Electric, a significant milestone in electric vehicle development. Schaeffler has renewed the contracts of two key board members, ensuring continuity in leadership. Volkswagen has launched the third generation of the Tiguan with a plug-in hybrid drive system, highlighting advancements in hybrid technology. Cupra has introduced the sporty Born VZ, and Mini has launched the fifth generation of the Cooper with a gasoline engine, both signaling important updates in their respective model lines.