Karin Radström The power driver and her 50 billion euro plan with Daimler Truck The new CEO Karin Rådström and her CFO Eva Scherer have been given a tough assignment: 15 percent return and a market value of 50 billion euros. Your plan: build, rebuild and dismantle. Go to Source
Author: Manager Magazin (German)
German Manager Magazine: General Motors: Shares take off, Mary Barra is increasingly steering GM out of the car doldrums003672
The US car manufacturer General Motors escapes the industry slump and earns more than expected. According to information from Tuesday, sales in the third quarter increased to $48.8 billion, a good 10 percent more than a year ago and significantly more than analysts surveyed by Refinitiv had expected. He earned per share fordArch-rival at $2.96,… Continue reading German Manager Magazine: General Motors: Shares take off, Mary Barra is increasingly steering GM out of the car doldrums003672
German Manager Magazine: Economy and Politics: The unresolved economic conflicts in autumn 2024 – a column by Christoph Bornschein003672
Autumn brings change and foreboding. But most of all, he brings me inspiration. Unfortunately, as Telekom writes, the fiber optic connection I ordered a year ago is still a long time coming. Her “local expansion partner” informed her “that the continuation of the expansion is being delayed due to external influences”. That set the tone… Continue reading German Manager Magazine: Economy and Politics: The unresolved economic conflicts in autumn 2024 – a column by Christoph Bornschein003672
German Manager Magazine: Tesla: Film company sues Elon Musk after Robotaxi show over Blade Runner 2049003669
Elon Musk The obsession to include a reference to the film “Blade Runner 2049” in Tesla’s robotaxi concept has legal repercussions. The production company Alcon Entertainment sued Tesla, Musk and the Hollywood studio Warner Bros., on whose premises the presentation took place. The 2017 sequel to “Blade Runner” depicts an apocalyptic world with an environmental… Continue reading German Manager Magazine: Tesla: Film company sues Elon Musk after Robotaxi show over Blade Runner 2049003669
German Manager Magazine: Traton: Volkswagen’s truck subsidiary is doing better business than expected – Traton shares are rising003670
The VW Commercial Vehicles Holding Traton performed better in the third quarter than experts expected. The operating result adjusted for special effects rose by 19 percent year-on-year to 1.14 billion euros, as the MDax company surprisingly announced after the stock market closed. Market experts only expected an operating result of around one billion, the company… Continue reading German Manager Magazine: Traton: Volkswagen’s truck subsidiary is doing better business than expected – Traton shares are rising003670
German Manager Magazine: VW, Audi, Porsche, BMW, Tesla, Mercedes, Opel: European car market continued its downward slide in September003669
The car market in the EU also lost momentum in September. Last month, new car registrations fell by 6.1 percent year-on-year to 809,163 cars, as the European manufacturers’ association Acea announced in Brussels on Tuesday. Among the major markets experienced France and Italy double-digit percentage declines, in Germany the minus was 7 percent. Over the… Continue reading German Manager Magazine: VW, Audi, Porsche, BMW, Tesla, Mercedes, Opel: European car market continued its downward slide in September003669
German Manager Magazine: Great Britain imposes a million-dollar fine on Volkswagen003668
Volkswagen must in Great Britain to pay a fine of 5.4 million pounds (6.5 million euros) because the financial subsidiary there had repeatedly taken too harsh action against defaulting customers. 110,000 affected people will also receive a total of around 21.5 million pounds (25.8 million euros) from Volkswagen Financial Services, as the British financial regulator… Continue reading German Manager Magazine: Great Britain imposes a million-dollar fine on Volkswagen003668
German Manager Magazine: Sluggish sales of electric cars: Federal Council wants purchase bonus for electric cars back003665
The Federal Council has called for the reintroduction of a purchase bonus for electric cars. The federal government should examine this, according to a resolution passed by the state chamber on Friday. Only with an “accelerated and consistent ramp-up of e-mobility” can Germany’s automotive sector continue to compete on the global market. The motion for… Continue reading German Manager Magazine: Sluggish sales of electric cars: Federal Council wants purchase bonus for electric cars back003665
German Manager Magazine: Tesla: US authorities initiate further investigation into autopilot system003666
The U.S. government’s Highway Traffic Safety Administration (NHTSA) is investigating Tesla’s “Full Self-Driving” system after receiving reports of accidents in poor visibility conditions, including one in which a pedestrian died. The investigation includes around 2.4 million Tesla models from model years 2016 to 2024, the authority announced on Friday. The Model S and X as… Continue reading German Manager Magazine: Tesla: US authorities initiate further investigation into autopilot system003666
German Manager Magazine: Mercedes-Benz: Extremely high number of sick reports – Ola Källenius warns employees003665
Mercedes-Benz boss Ola Källenius (55) maintains the high level of sickness Germany a problem for companies. “If, under the same production conditions, sick leave in Germany is sometimes twice as high as in other European countries, this has economic consequences,” said the top manager, referring to Mercedes-Benz MIRROR. In Germany, the car manufacturer produces not… Continue reading German Manager Magazine: Mercedes-Benz: Extremely high number of sick reports – Ola Källenius warns employees003665