The German car manufacturers rate their business prospects more negatively than they have since the global financial crisis in 2008. The corresponding indicator collapsed to minus 56.9 points in June, after minus 10.3 points in May, as the Munich Ifo Institute announced on Wednesday. This is the fifth decline in a row. On the other… Continue reading German Manager Magazin: Car manufacturers rate prospects as bad as last time 2008002584
Author: Manager Magazin (German)
German Manager Magazin: Family businesses in Germany: VW, BMW, Lidl, Aldi, Fresenius and Conti in the top 100002584
The 100 largest companies in Germany controlled by families and family-related foundations achieved combined sales of 1.53 trillion euros in 2022. This is around 170 billion euros or 12 percent more than a year earlier. The sales figures for the past year show a new sales record, as can be seen from the annual analysis… Continue reading German Manager Magazin: Family businesses in Germany: VW, BMW, Lidl, Aldi, Fresenius and Conti in the top 100002584
German Manager Magazin: Volkswagen invests one billion euros in South America002583
The mark Volkswagen wants to drive its growth in South America with an investment of billions and many new models. The carmaker announced on Tuesday that it will invest one billion euros in the development of ethanol-based internal combustion engines and new business models such as car subscriptions by 2026. In the next two years,… Continue reading German Manager Magazin: Volkswagen invests one billion euros in South America002583
German Manager Magazin: Rupert Stadler: Ex-Audi boss goes into revision002582 in the process of exhaust gas manipulation
The trial against AudiManager for exhaust manipulation goes into the second round. The former CEO of the Ingolstadt car manufacturer, Rupert Stadler (60), and his two co-defendants have appealed the judgments of the Munich Regional Court, the court announced on Tuesday. Reasons for Stadler’s revision were not initially known on Tuesday. Former Audi engine chief… Continue reading German Manager Magazin: Rupert Stadler: Ex-Audi boss goes into revision002582 in the process of exhaust gas manipulation
German Manager Magazin: Rivian: Shares in Tesla’s rival shoot up – also thanks to Amazon002581
In November 2021 as a self-proclaimed Tesla– Rival on the stock exchange started spectacularly, Rivian crashed again just as quickly. Within a few months, the value of the share had halved, also because Rivian needed much longer to bring its electric vehicles to market. A planned joint venture also fell through with Mercedes Benz. More… Continue reading German Manager Magazin: Rivian: Shares in Tesla’s rival shoot up – also thanks to Amazon002581
German Manager Magazin: BYD: share increases, sales increased significantly, Tesla in distress002579
The Chinese electric car manufacturer BYD sold more cars in the second quarter than ever before. A total of 700,244 vehicles were delivered, 352,163 of them with a fully electric drive, the Chinese market leader announced on Sunday. That was almost double the figure for the same quarter of the previous year. Shares of BYD… Continue reading German Manager Magazin: BYD: share increases, sales increased significantly, Tesla in distress002579
German Manager Magazin: China: According to AlixPartners, BYD and Co. become world export champions002579
The Chinese automaker will be export world champions for the first time this year, according to the management consultancy AlixPartners. Already in the first quarter China with 1.07 million cars exported Japan with 954,000 cars overtaken, followed by Germany (840,000), South Korea (750,000) and Mexico (741,000). As a production location, sales market and exporter, the… Continue reading German Manager Magazin: China: According to AlixPartners, BYD and Co. become world export champions002579
German Manager Magazin: Tesla exceeds expectations for deliveries, discounts for Tesla models are having an effect002578
The US electric vehicle manufacturer Tesla produced and delivered more cars in the second quarter than experts expected. Production was at almost 480,000 vehicles, the company said on Sunday in Austin. A good 466,000 units were delivered. Analysts had expected significantly less for both sizes. The second-quarter delivery record shows that Tesla CEO’s efforts Elon… Continue reading German Manager Magazin: Tesla exceeds expectations for deliveries, discounts for Tesla models are having an effect002578
German Manager Magazin: Audi: Markus Duesmann passes the lead to Gernot Düllner ab002577
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with 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 Magazin: Audi: Markus Duesmann passes the lead to Gernot Düllner ab002577
German Manager Magazine: Volkswagen: How Giovanni Palazzo wants to get the Elli charging division on track002576
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with 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: Volkswagen: How Giovanni Palazzo wants to get the Elli charging division on track002576