German Handelsblatt: Car manufacturer: Opel recalls more than 200,000 Corsa005387

Opel Corsa The carmaker Opel is recalling more than 204,000 Corsa models worldwide. The reason is a “missing warning to the driver in the event of a defect in the direction indicators”, as reported by the Federal Motor Transport Authority (KBA) in Flensburg on Wednesday. In Germany, a good 20,000 vehicles are probably affected. It… Continue reading German Handelsblatt: Car manufacturer: Opel recalls more than 200,000 Corsa005387

German Handelsblatt: RANKING: A discounter founder is the richest German – BMW heirs drop to third place005385

Shopping carts in front of a supermarket According to a ranking, Lidl founder Dieter Schwarz is the richest German. (Photo: imago images/Countrypixel) With an estimated fortune of 36 billion euros, Lidl founder Dieter Schwarz is the richest German. This is the result of the annual ranking of the “Manager Magazin” for the 500 wealthiest people.… Continue reading German Handelsblatt: RANKING: A discounter founder is the richest German – BMW heirs drop to third place005385

German Handelsblatt: Ranking: Lidl founder Dieter Schwarz is the richest German – BMW heirs fall back to third place005384

Lidl branch in Berlin According to a ranking, founder Dieter Schwarz is the richest German. (Photo: Bloomberg) With an estimated fortune of 36 billion euros, Lidl founder Dieter Schwarz is the richest German. This is the result of the annual ranking of the “Manager Magazin” for the 500 wealthiest people. The entrepreneur has thus replaced… Continue reading German Handelsblatt: Ranking: Lidl founder Dieter Schwarz is the richest German – BMW heirs fall back to third place005384

German Handelsblatt: Ranking: Lidl founder Dieter Schwarz is the richest German – BMW heirs fall back to third place005383

Lidl branch in Berlin According to a ranking, founder Dieter Schwarz is the richest German. (Photo: Bloomberg) With an estimated fortune of 36 billion euros, Lidl founder Dieter Schwarz is the richest German. This is the result of the annual ranking of the “Manager Magazin” for the 500 wealthiest people. The entrepreneur has thus replaced… Continue reading German Handelsblatt: Ranking: Lidl founder Dieter Schwarz is the richest German – BMW heirs fall back to third place005383

German Handelsblatt: Interview with Oliver Blume: Porsche as a role model: VW boss trims all ten brands for “virtual” IPOs – real ones could follow005381

Porsche IPO Oliver Blume (right), CEO of Porsche AG, and his deputy Lutz Meschke ring the bell officially announcing Porsche’s stock market listing. (Photo: IMAGO/Hannelore Förster) The new Volkswagen boss Oliver Blume wants to focus the entire group more on the capital market. “The brands give us the opportunity to present the Volkswagen Group much… Continue reading German Handelsblatt: Interview with Oliver Blume: Porsche as a role model: VW boss trims all ten brands for “virtual” IPOs – real ones could follow005381

German Handelsblatt: Dax current: Dax slides into the red – Porsche overtakes parent company VW in market value005380

Against the background of weak industrial data, the German stock market is attempting to stabilize this Thursday. In the late afternoon, the leading German index was down 0.3 percent at 12,477 points. The daily high was 12,643 points at around 9.30 a.m., since then it has been going downhill. On Wednesday, too, the Dax ended… Continue reading German Handelsblatt: Dax current: Dax slides into the red – Porsche overtakes parent company VW in market value005380

German Handelsblatt: Suppliers: Tire manufacturers Continental, Michelin and Pirelli bring the highest energy intensity in the automotive industry to Bredoullie005378

tire production Tire manufacturers depend on process heat and thus have increased gas and electricity consumption. (Photo: dpa) In the automotive industry, the burden of energy consumption is very unequally distributed. This is the conclusion reached by the rating agency S&P. In a current study, S&P compares the electricity and gas consumption in megawatt hours… Continue reading German Handelsblatt: Suppliers: Tire manufacturers Continental, Michelin and Pirelli bring the highest energy intensity in the automotive industry to Bredoullie005378

German Handelsblatt: Sports car manufacturer: Banks massively supported Porsche shares for days after the IPO005377

Porsche Support purchases have hardly been necessary for Porsche shares since Tuesday. (Photo: Bloomberg) The accompanying investment banks have massively supported the share price of Porsche AG in the days after the IPO of the Stuttgart sports car manufacturer. To do this, they bought almost 3.8 million Porsche shares for 312.8 million euros from Thursday,… Continue reading German Handelsblatt: Sports car manufacturer: Banks massively supported Porsche shares for days after the IPO005377

German Handelsblatt: Support purchases: Banks had to massively support Porsche shares after the IPO005375

Porsche Support purchases have hardly been necessary for Porsche shares since Tuesday. (Photo: Bloomberg) The accompanying investment banks have massively supported the share price of Porsche AG in the days after the IPO of the Stuttgart sports car manufacturer. To do this, they bought almost 3.8 million Porsche shares for 312.8 million euros from Thursday… Continue reading German Handelsblatt: Support purchases: Banks had to massively support Porsche shares after the IPO005375

German Handelsblatt: Interview with Oliver Blume: Porsche as a role model: VW boss trims all ten brands for “virtual” IPOs – real ones could follow005373

Porsche IPO Oliver Blume (right), CEO of Porsche AG, and his deputy Lutz Meschke ring the bell officially announcing Porsche’s stock market listing. (Photo: IMAGO/Hannelore Förster) The new Volkswagen boss Oliver Blume wants to focus the entire group more on the capital market. “The brands give us the opportunity to present the Volkswagen Group much… Continue reading German Handelsblatt: Interview with Oliver Blume: Porsche as a role model: VW boss trims all ten brands for “virtual” IPOs – real ones could follow005373