German Handelsblatt: Mercedes quarterly figures: This is how high Mercedes-Benz sales and profits are in Q2004864

The most important thing about the quarterly figures from Mercedes-Benz The Mercedes-Benz Group, formerly Daimler, achieved sales of 36.4 billion euros in Q2 2022. The company’s operating profit was 4.6 billion euros. Earnings per share were EUR 2.91 in Q2. When did Mercedes-Benz publish the quarterly figures for Q2 2022? On Wednesday, July 27, 2022,… Continue reading German Handelsblatt: Mercedes quarterly figures: This is how high Mercedes-Benz sales and profits are in Q2004864

German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004863

Mercedes-Benz’s luxury strategy paid off for the automaker in the difficult second quarter. In its passenger car division, Mercedes achieved a return on sales of over 14 percent after 15 percent in the first quarter. Overall, sales increased by seven percent to EUR 36.4 billion, and the EBIT margin rose by six percent to EUR… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004863

German Handelsblatt: Volkswagen: The chronology of the expulsion: How the replacement of VW boss Diess came about004861

Herbert Diess The replacement of Herbert Diess as VW boss was announced on Friday. Years of power struggles followed. (Photo: Reuters) The news last Thursday came as a complete surprise to Volkswagen boss Herbert Diess. The head of the supervisory board, Hans Dieter Pötsch, had asked for an interview at short notice for lunchtime, and… Continue reading German Handelsblatt: Volkswagen: The chronology of the expulsion: How the replacement of VW boss Diess came about004861

German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004858

Mercedes-Benz boss Ola Källenius Sales should now be well above the previous year’s level instead of just slightly, EBIT should increase slightly instead of stagnating. (Photo: dpa) Mercedes-Benz increased its profit in the second quarter despite falling sales in its passenger car division and, thanks to strong demand, is more confident about the year as… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004858

German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004856

Mercedes-Benz boss Ola Källenius Sales should now be well above the previous year’s level instead of just slightly, EBIT should increase slightly instead of stagnating. (Photo: dpa) Mercedes-Benz increased profits in the second quarter despite falling sales of its car division. From April to June, the operating result rose by six percent compared to the… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004856

German Handelsblatt: Auto industry: More automation, fewer variants – Audi wants to halve factory costs004853

Audi production The Volkswagen subsidiary wants to convert its plants in Neckarsulm and Ingolstadt completely to electromobility in the coming years. (Photo: imago images/Belga) The Volkswagen subsidiary Audi wants to halve factory costs in the coming years. “Having production costs in half means halving the hours per vehicle,” said Audi Board Member for Production Gerd… Continue reading German Handelsblatt: Auto industry: More automation, fewer variants – Audi wants to halve factory costs004853

German Handelsblatt: Automotive and industrial suppliers: For more than half a billion euros: Schaeffler takes over drive specialist Ewellix004850

Headquarters of Schaeffler AG The company from Herzogenaurach is investing 582 million euros in the drive specialist Ewellix. (Photo: dpa) The automotive and industrial supplier Schaeffler is taking over the drive specialist Ewellix for well over half a billion euros. This will strengthen the group’s industrial business, Schaeffler announced on Sunday in Herzogenaurach. A price… Continue reading German Handelsblatt: Automotive and industrial suppliers: For more than half a billion euros: Schaeffler takes over drive specialist Ewellix004850

German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: What the new VW boss has to tackle now004849

Cariad Volkswagen’s software unit was overwhelmed with too many tasks. (Photo: dpa) When Herbert Diess officially hands over the top post at Volkswagen to Oliver Blume at the end of August, he will be leaving his successor a company in the midst of upheaval. Although the 63-year-old initiated the transformation towards electromobility and the development… Continue reading German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: What the new VW boss has to tackle now004849

German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004847

Cariad Volkswagen’s software unit was overwhelmed with too many tasks. (Photo: dpa) When Herbert Diess officially hands over the top post at Volkswagen to Oliver Blume at the end of August, he will be leaving his successor a company in the midst of upheaval. Although the 63-year-old initiated the transformation towards electromobility and the development… Continue reading German Handelsblatt: Auto industry: software chaos, sales problems in China, distrust in the leadership: what the new VW boss has to tackle now004847

German Handelsblatt: Volkswagen: The chronology of the expulsion: How the replacement of VW boss Diess came about004845

Herbert Diess The replacement of Herbert Diess as VW boss was announced on Friday. Years of power struggles followed. (Photo: Reuters) The news last Thursday came as a complete surprise to Volkswagen boss Herbert Diess. The head of the supervisory board, Hans Dieter Pötsch, had asked for an interview at short notice for lunchtime, and… Continue reading German Handelsblatt: Volkswagen: The chronology of the expulsion: How the replacement of VW boss Diess came about004845