The heavily indebted suppliers are earning less and less in the weak auto industry. The group wants to counteract this with major job cuts. But the path will be difficult. Go to Source
Author: Handelsblatt in German Online News
German Handelsblatt: Volkswagen: VW makes less profit – “significant efforts” necessary for austerity measures009384
The mixed results from Audi, Porsche and the volume segment are dragging VW down. CEO Oliver Blume sees the majority of the work still ahead of him. Go to Source
German Handelsblatt: Auto industry: BMW profits fall by 15 percent – costs and discounts burden009383
BMW is struggling with falling earnings as a result of rising expenses. Investments alone increased by one billion euros in the first half of the year. In addition, a core market is weakening. Go to Source
German Handelsblatt: Volkswagen: VW makes less profit – “significant efforts” necessary for austerity measures009382
The mixed results from Audi, Porsche and the volume segment are dragging VW down. CEO Oliver Blume sees the majority of the work still ahead of him. Go to Source
German Handelsblatt: Auto industry: BMW profits fall by 15 percent – costs and discounts burden009381
BMW is struggling with falling earnings as a result of rising expenses. Investments alone increased by one billion euros in the first half of the year. In addition, a core market is weakening. Go to Source
German Handelsblatt: Truck manufacturer: Daimler Truck cuts its annual forecast 009380
The DAX group has had a weak second quarter. CFO Eva Scherer is dissatisfied – and announces further savings. Go to Source
German Handelsblatt: +++ Business figures +++: Toyota is becoming even more profitable – less profit for BMW and VW009376
Real estate price decline slowed at Vonovia +++ Symrise is growing strongly +++ Evonik wants to continue operating profit +++ The business figures of the day. Go to Source
German Handelsblatt: Volkswagen: VW makes less profit – “significant efforts” necessary for austerity measures009375
The mixed results from Audi, Porsche and the volume segment are dragging VW down. CEO Oliver Blume sees the majority of the work still ahead of him. Go to Source
German Handelsblatt: Auto industry: BMW profit collapses by 15 percent – costs and discounts burden009374
BMW is struggling with falling earnings as a result of rising expenses. Investments alone increased by one billion euros in the first half of the year. In addition, a core market is weakening. Go to Source
German Handelsblatt: Truck manufacturer: Daimler Truck cuts its annual forecast009373
The DAX group has had a weak second quarter. CFO Eva Scherer is dissatisfied – and announces further savings. Go to Source