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

German Handelsblatt: Chinese electric cars: BYD starts in Germany – and could become as dangerous for VW, BMW and Mercedes as Tesla004925

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 Tesla004925

German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004924

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”004924

German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004923

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 could become as dangerous to VW, BMW and Mercedes as Tesla004923

German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004922

BMW boss Oliver Zipse The carmaker is apparently preparing for a recession in Europe. (Photo: Reuters) 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… Continue reading German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004922

German Handelsblatt: Car manufacturer: BMW cuts sales target and warns of “economic headwind”004921

BMW boss Oliver Zipse The carmaker is apparently preparing for a recession in Europe. (Photo: Reuters) 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… Continue reading German Handelsblatt: Car manufacturer: BMW cuts sales target and warns of “economic headwind”004921

German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004920

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 could become as dangerous to VW, BMW and Mercedes as Tesla004920

German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918

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 I’m a long way from buying a Chinese car.” A little later, two of the four interviewees in the… Continue reading German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918

German Handelsblatt: Car manufacturer: BMW is preparing for a headwind – sales are increasing004916

bmw In the second quarter, the Munich company generated more sales despite a decline in sales in the past quarter. (Photo: AP) After an increase in sales in the second quarter, the Munich carmaker BMW is preparing for a headwind. Business conditions are likely to remain difficult in the second half of the year, the… Continue reading German Handelsblatt: Car manufacturer: BMW is preparing for a headwind – sales are increasing004916