German Manager Magazine: BYD: Chinese electric car maker significantly increases profits – BYD shares fall003062

The Chinese electric car manufacturer BYD was unable to fully meet its high expectations with a significantly increased profit last year. According to preliminary figures, the group expects the net result for 2023 to be between 29 and 31 billion yuan (up to 4 billion euros), as it announced in a statement to the Hong… Continue reading German Manager Magazine: BYD: Chinese electric car maker significantly increases profits – BYD shares fall003062

German Manager Magazine: Volkswagen: Thomas Ulbrich takes over development business in China003062

Volkswagenrestructures its brand board and sends Thomas Ulbrich after him China. The car manufacturer announced on Monday that he would be responsible for the development activities of the entire group from April 1st. The qualified engineer was previously responsible for the New Mobility department on the VW brand board and was therefore responsible for the… Continue reading German Manager Magazine: Volkswagen: Thomas Ulbrich takes over development business in China003062

German Manager Magazine: AfD protest: AfD economic policy in check003061

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: AfD protest: AfD economic policy in check003061

German Manager Magazine: Economy: This is what the AfD’s program would mean for our prosperity003060

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: Economy: This is what the AfD’s program would mean for our prosperity003060

German Manager Magazine: Mercedes-Benz: Why Ola Källenius is selling all car dealerships003058

How do you as a car brand best maintain close contact with your customers? Mercedes-Benz boss Ola Källenius (54) has decided: This requires our own car dealerships Germany no longer. That’s why he’s putting his remaining 60 branches up for sale. The sales houses are supposed to take over specialized retail chains. Källenius expects more… Continue reading German Manager Magazine: Mercedes-Benz: Why Ola Källenius is selling all car dealerships003058

German Manager Magazine: Electromobility: Tesla competitor BYD is building the first electric plant outside of Asia in Brazil003058

The Chinese automobile manufacturer BYD will be its first electric car factory outside of Asia in Brazil build. A total of three billion reais (around 563 million euros) will be invested in this, Brazilian President Luiz Inácio Lula da Silva (78) announced on the X platform, formerly Twitter, on Wednesday evening (local time). This could… Continue reading German Manager Magazine: Electromobility: Tesla competitor BYD is building the first electric plant outside of Asia in Brazil003058

German Manager Magazine: Hyundai: Car maker increases profits by 54 percent last year003056

The South Korean car manufacturer Hyundai has posted a sharp rise in profits last year thanks to growing popularity of its more expensive models. The surplus increased by 54 percent year-on-year to 12.27 trillion won (around 8.4 billion euros) in 2023, South Korea’s industry leader announced on Thursday. In the final quarter, the surplus reportedly… Continue reading German Manager Magazine: Hyundai: Car maker increases profits by 54 percent last year003056

German Manager Magazine: Daimler Truck wants to use Masdar to provide green hydrogen from the desert in Europe003056

The truck builder Daimler trucks wants to promote the export of clean hydrogen to Europe together with the green electricity producer Masdar from Abu Dhabi. The Dax group signed a letter of intent with Masdar on Thursday to examine the feasibility of exporting liquid hydrogen from the United Arab Emirates to Europe. “We want to… Continue reading German Manager Magazine: Daimler Truck wants to use Masdar to provide green hydrogen from the desert in Europe003056

German Manager Magazine: Lufthansa is radically changing course – the new newsletter manage:mobility003054

Dear reader, Even if the train doesn’t run again, something is moving in Germany. Hundreds of thousands of people took to the streets last weekend. Some top business leaders took part in the demonstration, and some raised their voices against racism on social networks. Hardly anyone is as clear as Holger Engelmann (58), boss of… Continue reading German Manager Magazine: Lufthansa is radically changing course – the new newsletter manage:mobility003054

German Manager Magazine: Electromobility: Works council head Daimler Truck calls for “final clarity from Berlin and Brussels”003054

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: Electromobility: Works council head Daimler Truck calls for “final clarity from Berlin and Brussels”003054