German Manager Magazine: Kiekert: Auto supplier brings production back to Germany003294

Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon purchase confirmation. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app, you… Continue reading German Manager Magazine: Kiekert: Auto supplier brings production back to Germany003294

German Manager Magazine: News about Volocopter, Lilium, Mercedes-Benz, Volkswagen, Fiskars and more in the newsletter manage:mobility003294

Dear reader, You read it in our last issue, I was traveling around the auto show in Beijing last week. I could fill the newsletter with my impressions, and what particularly struck me was an enthusiasm for cars that we can no longer imagine. The hustle and bustle in the Beijing exhibition halls, the countless… Continue reading German Manager Magazine: News about Volocopter, Lilium, Mercedes-Benz, Volkswagen, Fiskars and more in the newsletter manage:mobility003294

German Manager Magazine: Cariad changes top management in US business003293

The Volkswagen-Software subsidiary Cariad gets its new one USA-Head of the Chinese electric car manufacturer Nio. Lei Zhang will work for the Wolfsburg-based car manufacturer from May, according to an internal communication available to manager magazin. In the future, he should manage Cariad’s US business. He will also be responsible for the interior and infotainment… Continue reading German Manager Magazine: Cariad changes top management in US business003293

German Manager Magazine: Volkswagen AG and Mercedes-Benz: Sales, sales, profits – everything is declining – the background003292

Volkswagen and Mercedes are weakening “Is that our ambition? No of course not.” Volkswagen and Mercedes are experiencing a first quarter to forget. Sales, sales, profits – everything is declining. The car manufacturers’ CFOs are reassuring that things will get better as the year progresses. But VW is initially setting aside 900 million euros for… Continue reading German Manager Magazine: Volkswagen AG and Mercedes-Benz: Sales, sales, profits – everything is declining – the background003292

German Manager Magazine: Volkswagen AG remains confident for 2024003291 after profit slump

Delivery problems for some Audiengines and have a worse luxury car business Volkswagen suffered a slump in profits at the beginning of the year. At 4.6 billion euros, operating profit in the first quarter was a fifth below the previous year’s level, Volkswagen announced on Tuesday. The car manufacturer justified this with lower sales volume,… Continue reading German Manager Magazine: Volkswagen AG remains confident for 2024003291 after profit slump

German Manager Magazine: BYD: Price war weighs on balance sheet of Chinese electric car maker003290

The price war on the Chinese electric car market is leaving deep marks on the company’s balance sheet BYD. The company only increased its sales by four percent in the first quarter to the equivalent of 16 billion euros, as BYD announced on Monday. This is the lowest growth in almost four years. In terms… Continue reading German Manager Magazine: BYD: Price war weighs on balance sheet of Chinese electric car maker003290

German Manager Magazine: Tesla: Elon Musk enters into partnership with Baidu in China for autopilot system003288

The car manufacturer Tesla has in China got a release for the latest version of automated driving FSD (Full Self-Driving). CEO Elon Musk (52) traveled to Beijing at the weekend, where he met with Prime Minister Li Qiang (64). According to insiders, the green light for FSD was a central issue. On Sunday, the Chinese… Continue reading German Manager Magazine: Tesla: Elon Musk enters into partnership with Baidu in China for autopilot system003288

German Manager Magazine: Stocks and the stock market: How investors can benefit from corporate spin-offs003288

Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Stocks and the stock market: How investors can benefit from corporate spin-offs003288

German Manager Magazine: Elon Musk in China: Tesla boss makes a surprise trip to Beijing003287

Elon Musk unexpectedly landed in Beijing on his private plane. As Chinese state television reports, the Tesla-Founder held discussions with high-ranking government officials, including negotiations with Ren Hongbin, President of the China Council for the Promotion of International Trade (CCPIT). According to Chinese state media, Musk is very happy about the progress made by electric… Continue reading German Manager Magazine: Elon Musk in China: Tesla boss makes a surprise trip to Beijing003287

German Manager Magazine: Porsche: Profit collapses in the first quarter due to high costs003285

The car manufacturer has high upfront costs for new models and weak sales Porsche with CEO Oliver Blume (55) brought a decline in profits in the first quarter. From January to March, the operating result fell by 30 percent to 1.28 billion euros, as Porsche announced on Friday. According to data from LSEG, analysts had… Continue reading German Manager Magazine: Porsche: Profit collapses in the first quarter due to high costs003285