The Ingolstadt car manufacturer Audi reduced due to US President’s tariffs Donald Trump (79) and the displacement of a joint with Porsche developed its forecast. The profit margin will now be between 4 and 6 percent this year, it said Volkswagen-Daughter on Friday. So far it has been one percentage point more. Chief Financial Officer… Continue reading German Manager Magazine: Audi: Gernot Döllner cuts profit forecast, US tariffs burden004525
Author: Manager Magazin (German)
German Manager Magazine: BMW: How Norbert Reithofer made the company a pioneer of the electric transition004525
Norbert Reithofer The father of today’s BMW success As soon as Norbert Reithofer took over the CEO job at BMW, he had to save the company from the financial crisis. Today BMW is at the forefront of the auto industry. About a man who developed his greatest strength in times of need. Go to Source
German Manager Magazine: Stellantis: Sales increase in Europe and North America, shares fall despite recovery004523
The Opel-Mother Stellantis increased sales in the third quarter for the first time in almost two years. Revenues increased by 13 percent to 37.2 billion euros from July to September, the company announced on Thursday. The group also lowered its estimate of the burden on US customs policy to around one billion euros for 2025,… Continue reading German Manager Magazine: Stellantis: Sales increase in Europe and North America, shares fall despite recovery004523
German Manager Magazine: Mercedes-Benz: Why Ola Källenius was against the rebirth of the Smart fortwo004523
manager Login 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 account… Continue reading German Manager Magazine: Mercedes-Benz: Why Ola Källenius was against the rebirth of the Smart fortwo004523
German Manager Magazine: Volkswagen: Shares in the red, loss of billions in the third quarter004520
The Volkswagen-Group is in the third quarter because of the problems Porsche slipped deep into the red. The bottom line was that there was a loss of 1.072 billion euros between July and September, as the Wolfsburg-based car manufacturer announced. A year ago there was a surplus of 1.56 billion euros. Investors reacted nervously: after… Continue reading German Manager Magazine: Volkswagen: Shares in the red, loss of billions in the third quarter004520
German Manager Magazine: Stock market: Dax with profits, Volkswagen and Puma in focus, oil prices are falling004521
Under the impression of a large number of quarterly balance sheets, central bank decisions and the meeting between Donald Trump and Xi Jinping, the Dax started a little higher on Thursday, but then gave up its early gains. Most recently, the leading German index rose by 0.2 percent to 24,072 points. The MDax for medium-sized… Continue reading German Manager Magazine: Stock market: Dax with profits, Volkswagen and Puma in focus, oil prices are falling004521
German Manager Magazine: ZF Friedrichshafen, BMW, Smart, Nvidia – the newsletter “manage:mobility”004520
Dear reader, Unsurprisingly, the current reporting season leaves Germany’s automobile manufacturers looking quite dispirited. Porsche? Operating profit around 99 percent collapsed. Mercedes? Minus 70 percent in profits from ongoing business. This Thursday, some nervous glances will be directed towards Wolfsburg: Volkswagen presents its figures; Porsche, the long-time guarantor of returns, is no longer available. Is… Continue reading German Manager Magazine: ZF Friedrichshafen, BMW, Smart, Nvidia – the newsletter “manage:mobility”004520
German Manager Magazine: Material shortage: Chip shortage is increasingly putting a strain on German industry004519
There are signs of an increasing chip shortage in German industry. In October, 10.4 percent of manufacturers of electronic and optical products complained about material shortages, according to the Munich Ifo Institute based on its regular surveys. In April it was only 3.8 percent. “The control mechanisms and trade restrictions for rare earths are having… Continue reading German Manager Magazine: Material shortage: Chip shortage is increasingly putting a strain on German industry004519
German Manager Magazine: Mercedes: Profits collapse, shareholders rejoice004518
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
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