German Handelsblatt: Automotive supplier: Continental reorganizes industrial division006143

Continental The activities in the automotive sector, which previously stretched across all business areas, are bundled in a separate unit. (Photo: Reuters) In order to reposition its weakening industrial business, the Continental group is planning to bundle the industrial division of its subsidiary ContiTech, which previously consisted of six business areas, into three work areas.… Continue reading German Handelsblatt: Automotive supplier: Continental reorganizes industrial division006143

German Handelsblatt: Auto industry: Volkswagen boss Blume on a difficult mission in China006142

Volkswagen-Chef Oliver Blume hat es eilig. Als erster hochrangiger Wirtschaftsvertreter ist der CEO des Autoherstellers nach dem Ende der Corona-Beschränkungen nach China gereist. Viele andere warten noch ab. Der Konzernlenker hat gute Gründe für die Eile. Denn das so wichtige Chinageschäft des größten deutschen Autoherstellers schwächelte zuletzt.Obwohl der chinesische Automarkt 2022 um zwei Prozent auf… Continue reading German Handelsblatt: Auto industry: Volkswagen boss Blume on a difficult mission in China006142

German Handelsblatt: Chart of the day: Record for shares in Porsche AG006141

Porsche AG The sports car manufacturer was also able to benefit from good figures from its competitor Ferrari. (Photo: Bloomberg) The shares of the sports car manufacturer Porsche AG reached a record high on Thursday. The shares rose on the Xetra trading platform by 4.2 percent to EUR 114.10. The previous record high of 112.15… Continue reading German Handelsblatt: Chart of the day: Record for shares in Porsche AG006141

German Handelsblatt: Auto industry: Volkswagen boss Blume on a difficult mission in China006138

Volkswagen-Chef Oliver Blume hat es eilig. Als erster hochrangiger Wirtschaftsvertreter ist der CEO des Autoherstellers nach dem Ende der Corona-Beschränkungen nach China gereist. Viele andere warten noch ab. Der Konzernlenker hat gute Gründe für die Eile. Denn das so wichtige Chinageschäft des größten deutschen Autoherstellers schwächelte zuletzt.Obwohl der chinesische Automarkt 2022 um zwei Prozent auf… Continue reading German Handelsblatt: Auto industry: Volkswagen boss Blume on a difficult mission in China006138

German Handelsblatt: Auto industry: Volkswagen boss Blume on a difficult mission in China006139

Volkswagen-Chef Oliver Blume hat es eilig. Als erster hochrangiger Wirtschaftsvertreter ist der CEO des Autoherstellers nach dem Ende der Corona-Beschränkungen nach China gereist. Viele andere warten noch ab. Der Konzernlenker hat gute Gründe für die Eile. Denn das so wichtige Chinageschäft des größten deutschen Autoherstellers schwächelte zuletzt.Obwohl der chinesische Automarkt 2022 um zwei Prozent auf… Continue reading German Handelsblatt: Auto industry: Volkswagen boss Blume on a difficult mission in China006139

German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006138

Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) After 2021, BMW sold more cars last year than its direct competitors Mercedes and Audi. In 2022, the Munich car manufacturer was able to sell a total of 2.4 million vehicles worldwide. Without the BMW brands Mini… Continue reading German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006138

German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006136

Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) After 2021, BMW sold more cars last year than its direct competitors Mercedes and Audi. In 2022, the Munich car manufacturer was able to sell a total of 2.4 million vehicles worldwide. Without the BMW brands Mini… Continue reading German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006136

German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006136

Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) After 2021, BMW sold more cars last year than its direct competitors Mercedes and Audi. In 2022, the Munich car manufacturer was able to sell a total of 2.4 million vehicles worldwide. Without the BMW brands Mini… Continue reading German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006136

German Handelsblatt: Holger Klein: The new ZF boss sets his first exclamation mark006134

The new ZF boss, Holger Klein, had just one month in office and made the biggest appearance imaginable. Chancellor Olaf Scholz (SPD) flew to Ensdorf in Saarland on Wednesday. As a junior partner of Wolfspeed, the second largest German automotive supplier is building the world’s largest factory for silicon carbide chips on the site of… Continue reading German Handelsblatt: Holger Klein: The new ZF boss sets his first exclamation mark006134

German Handelsblatt: Holger Klein: The new ZF boss sets his first exclamation mark006134

The new ZF boss, Holger Klein, had just one month in office and made the biggest appearance imaginable. Chancellor Olaf Scholz (SPD) flew to Ensdorf in Saarland on Wednesday. As a junior partner of Wolfspeed, the second largest German automotive supplier is building the world’s largest factory for silicon carbide chips on the site of… Continue reading German Handelsblatt: Holger Klein: The new ZF boss sets his first exclamation mark006134