Sharply falling sales in China and burdens from the US import tariff, along with special effects, caused Mercedes-Benz’s profits to collapse in the third quarter. From July to September, the adjusted operating profit shrank by 17 percent to 2.1 billion euros, as the car manufacturer announced on Wednesday. Mercedes cited low sales volume and higher… Continue reading German Manager Magazine: Mercedes: Profits collapse, shareholders rejoice004518
Author: Manager Magazin (German)
German Manager Magazine: Nvidia: Chip company is planning a fleet of 100,000 robotaxis with Uber004516
The chip company Nvidia is massively expanding its ambitions in autonomous driving. The American group, which has so far been a partner or service provider for automobile companies such as Mercedes or Stellantis wants to bring around 100,000 robotaxis into circulation together with the ride-hailing company Uber from 2027, as both companies said on Tuesday… Continue reading German Manager Magazine: Nvidia: Chip company is planning a fleet of 100,000 robotaxis with Uber004516
German Manager Magazine: Schaeffler: share profit jump after positive quarterly figures004515
The shares of Schaeffler responded to the automotive and industrial supplier’s surprisingly good quarterly figures on Tuesday with a share price increase to its highest level in two and a half years. Most recently, the shares were up 5.7 percent at 6.94 euros. There has so far been a price jump of 64 percent for… Continue reading German Manager Magazine: Schaeffler: share profit jump after positive quarterly figures004515
German Manager Magazine: Association Acea reports: Europe’s car market is growing again004515
In the European Union, new car registrations increased noticeably last month. In September, 888,672 new cars were registered, 10.0 percent more than a year earlier, as the manufacturers’ association Acea announced in Brussels on Tuesday. After the first nine months, the balance turned slightly positive: at 8.06 million cars, there are now 0.9 percent more… Continue reading German Manager Magazine: Association Acea reports: Europe’s car market is growing again004515
German Manager Magazine: Ifo business climate index: mood among companies is brightening004514
The mood in the executive suites of German companies is brightening despite the ongoing economic crisis, thereby illustrating hope for better times. The Ifo business climate index rose to 88.4 points, after 87.7 points in September, as the Munich Ifo Institute announced on Monday in its survey of around 9,000 managers. Economists surveyed by the… Continue reading German Manager Magazine: Ifo business climate index: mood among companies is brightening004514
German Manager Magazine: Ferrari 12Cilindri in the test: With 830 hp – that’s always fascinating004513
manager Log in Unlock article now Always one insight ahead. With manager+ you get access to this and all content on manager-magazin.de and in the app Buy now Your payment options: Paypal Visas Mastercard Apple Pay Google Pay Easy payment. Can be canceled at any time. Restore iTunes subscription manager+ is processed through your iTunes… Continue reading German Manager Magazine: Ferrari 12Cilindri in the test: With 830 hp – that’s always fascinating004513
German Manager Magazine: Porsche: Profit slump of 95.9 percent in the first three quarters004512
The car manufacturer Porsche is making a heavy loss due to its severe crisis: burdens from the strategic realignment led to an operating loss of almost one billion euros in the third quarter. From January to September, the Group’s operating result shrank to a full 40 million euros from a good four billion euros a… Continue reading German Manager Magazine: Porsche: Profit slump of 95.9 percent in the first three quarters004512
German Manager Magazine: Chip crisis: Nexperia’s parent company defends itself against Dutch interventions004511
In the dispute over chip manufacturer Nexperia, its Chinese owner has rejected the Dutch government’s actions. The dismissal of a Nexperia manager in the Netherlands China “Not legally valid,” said the Wingtech group. The company reserves the right to take “all legal steps”. “Mr. John Chang’s employment contract has not been legally terminated or modified,… Continue reading German Manager Magazine: Chip crisis: Nexperia’s parent company defends itself against Dutch interventions004511
German Manager Magazine: Mercedes-Benz: Change in strategy – Ola Källenius is examining the successor for A-Class004510
manager Log in Unlock article now Always one insight ahead. With manager+ you get access to this and all content on manager-magazin.de and in the app Buy now Your payment options: Paypal Visas Mastercard Apple Pay Google Pay Easy payment. Can be canceled at any time. Restore iTunes subscription manager+ is processed through your iTunes… Continue reading German Manager Magazine: Mercedes-Benz: Change in strategy – Ola Källenius is examining the successor for A-Class004510
German Manager Magazine: Volkswagen: Herbert Diess is finally leaving VW and retiring004509
A good three years after his departure from the top of VW Herbert Diess (66) is now actually retiring: his contract ends tomorrow, October 24th – this is his 67th birthday – and he will receive retirement benefits from October 25th, a VW spokesman confirmed at the request of the German Press Agency. This ends… Continue reading German Manager Magazine: Volkswagen: Herbert Diess is finally leaving VW and retiring004509