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Classics Infineon share higher: Infineon adds Constanze Hufenbecher to its board of directors - E-car plant in Villach

13:38  25 february  2021
13:38  25 february  2021 Source:   finanzen.net

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  “Thumper” is a 1940 Ford Deluxe for the modern age I owned a 1940 Ford Deluxe coupe back in high school, and I never forgot how much I loved that car. It took almost 50 years—and a build team of nine—but I am once again the proud owner of a 1940 Ford. I owe it to my childhood friend, Larry Seabert, owner of Tech-Ni-Kolor Autocrafters […] The post “Thumper” is a 1940 Ford Deluxe for the modern age appeared first on Hagerty Media.

At Infineon, Constanze Hufenbecher will now also be a woman on the board.

Thomas Lohnes/Getty Images © Provided by Finanz.net Thomas Lohnes / Getty Images

She is to fill the new position of the Chief Digital Transformation Officer on April 15, the Supervisory Board decided, as the Chip Group announced at its general meeting in Neubiberg. The Infineon Executive Board will therefore consist of four men and one woman.

The former Lufthansa Technik CFO should ensure that technology development, production, marketing and sales work together even more closely and make their respective knowledge available. Hufenbecher left Lufthansa Technik at the end of the year as part of a downsizing of the Executive Board.

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  Complete Guide: How to Buy a Used Car ​The single easiest way to save money when buying a car is to purchase a used model instead of a new vehicle. When you buy a new car, the second you leave the dealer's lot, it starts to rapidly depreciate, losing a significant amount of its value in the first few years of ownership. When you buy a used car, the original owner absorbs the pain of its steep depreciation during its early years. You pay far less than you would have if you had purchased the car new. There may be more maintenance required on a used car that's out of warranty, and its financing may be a bit more expensive.

also wants to extend the contract with CFO Sven Schneider by five years. This decision is planned for the supervisory board meeting in May, according to Infineon.

New Infineon plant in Villach can equip 25 million electric cars

In view of the increasing demand for chips, the Munich semiconductor manufacturer Infineon is also relying on its new plant in Austria.

With the increasing production capacity, Infineon can serve the growing needs of customers, and that also in the long term, said group boss Reinhard Ploss on Thursday at the general meeting. Once fully expanded, the factory in Villach could produce enough power semiconductors each year to equip the drives of around 25 million electric cars. Production in the plant should begin in early autumn. The start will be brought forward by around three months.

For the Infineon share in XETRA trading is meanwhile 1.50 percent up to 35.88 euros. FRANKFURT / MUNICH (Dow Jones / Reuters)

2022 Toyota 86 embraces sports car evolution with fresh looks, more power .
The Subaru BRZ's twin is finally here, and like the BRZ, the new Toyota 86 keeps the back-to-basics sports car formula in great shape.Toyota revealed the new 86 in Japan with partner Subaru showing off the BRZ for the first time locally. While the two wear different wrappers, the 86 is once again largely an identical car to the BRZ. Behind the Toyota Gazoo Racing grille sits a 2.4-liter flat-four engine, sans turbocharger, that makes 230 horsepower and 184 pound-feet of torque. We'll have to wait for US-spec units to see if the 86 actually makes a couple more horsepower than the BRZ's 228 hp, or if the kilowatts-to-horsepower conversion is generous.

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