German Handelsblatt: Auto industry: Supplier Schaeffler records a sharp drop in profit004935

Supplier Schaeffler Since the sharp rise in raw material prices could only be partially offset, the car supplier’s sales collapsed sharply. However, the forecast for the year is retained. (Photo: dpa) The automotive and industrial supplier Schaeffler suffered significant injuries in the second quarter due to increased costs and corona lockdowns in China. Earnings before… Continue reading German Handelsblatt: Auto industry: Supplier Schaeffler records a sharp drop in profit004935

German Handelsblatt: Chinese electric cars: BYD starts in Germany – and could become as dangerous for VW, BMW and Mercedes as Tesla004934

BYD Han The upper mid-range electric sedan is about the same size as the Tesla Model S. (Photo: IMAGO/VCG) Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says, “I think… Continue reading German Handelsblatt: Chinese electric cars: BYD starts in Germany – and could become as dangerous for VW, BMW and Mercedes as Tesla004934

German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004933

Wolf-Henning Scheider Der Vorstandsvorsitzende legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf die grassierende… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004933

German Handelsblatt: Chinese electric cars: BYD starts in Germany – and could become as dangerous for VW, BMW and Mercedes as Tesla004932

BYD Han The upper mid-range electric sedan is about the same size as the Tesla Model S. (Photo: IMAGO/VCG) Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says, “I think… Continue reading German Handelsblatt: Chinese electric cars: BYD starts in Germany – and could become as dangerous for VW, BMW and Mercedes as Tesla004932

German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004931

Wolf-Henning Scheider Der Vorstandsvorsitzende legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf die grassierende… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004931

German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004930

At first glance, things are going splendidly at BMW. The Munich-based carmaker significantly increased sales, earnings and margins in the first half of the year. Business is booming. The bottom line is a record result of 13.2 billion euros in the books, as the group announced on Wednesday. That corresponds to an increase of 74… Continue reading German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004930

German Handelsblatt: Chinese electric cars: BYD starts in Germany – and could become as dangerous for VW, BMW and Mercedes as Tesla004929

BYD Han The upper mid-range electric sedan is about the same size as the Tesla Model S. (Photo: IMAGO/VCG) Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says, “I think… Continue reading German Handelsblatt: Chinese electric cars: BYD starts in Germany – and could become as dangerous for VW, BMW and Mercedes as Tesla004929

German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004928

Wolf-Henning Scheider Der Vorstandsvorsitzende legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf die grassierende… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004928

German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004927

At first glance, things are going splendidly at BMW. The Munich-based carmaker significantly increased sales, earnings and margins in the first half of the year. Business is booming. The bottom line is a record result of 13.2 billion euros in the books, as the group announced on Wednesday. That corresponds to an increase of 74… Continue reading German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004927

German Handelsblatt: Suppliers: Record order for electric drives: Auto supplier ZF “more than compensates” for the loss of combustion technology004926

Wolf-Henning Scheider Der Vorstandsvorsitzende legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Die Rendite geriet allerdings bei hoher Steigerung der Material- und Transportkosten unter Druck. Das… Continue reading German Handelsblatt: Suppliers: Record order for electric drives: Auto supplier ZF “more than compensates” for the loss of combustion technology004926