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Author: Manager Magazin (German)
German Manager Magazin: Stock exchange: Dax below 16,000 points002455
The Dax continues to tread water: just below the 16,000 point mark on Monday, investors initially lacked the willingness to buy. The leading German index was recently listed slightly in the red at 15,874 points. The MDax of medium-sized stocks was 0.3 percent higher. The Eurozone leading index EuroStoxx 50 lost 0.2 percent. Figures from… Continue reading German Manager Magazin: Stock exchange: Dax below 16,000 points002455
German Manager Magazin: How radically the car industry is changing002453
Upheaval in the German key industry How radically the auto industry is changing For decades, Germany, Japan and the USA have dominated the global auto industry’s multi-billion dollar business. The shift to electromobility creates a new order – and inspires the young attackers from China. An original text from The Economist April 23, 2023 at… Continue reading German Manager Magazin: How radically the car industry is changing002453
German Manager Magazin: VW: Canada wants to subsidize battery factory with almost nine billion euros002453
The Canadian government has that Volkswagen-Group promised billions in subsidies for its battery factory in the province of Ontario. Prime Minister Justin Trudeau (51) promised the Wolfsburg automaker up to 13.2 billion Canadian dollars (8.9 billion euros) in state funds over the next ten years. From the group’s first battery factory in North America Canada… Continue reading German Manager Magazin: VW: Canada wants to subsidize battery factory with almost nine billion euros002453
German Manager Magazin: Chile: President Gabriel Boric wants to nationalize lithium mining002452
Chile’s President Gabriel Boric (37) wants to nationalize the country’s growing lithium industry. This should stimulate the economy and protect the environment. “This is an opportunity for economic growth that will be difficult to beat in the short term,” Boric said in a televised address. It is the best chance to switch to a sustainable… Continue reading German Manager Magazin: Chile: President Gabriel Boric wants to nationalize lithium mining002452
German Manager Magazin: Dax board salaries: Rorsted and Diess earn the most after leaving002451
Two CEOs who have resigned will top the top 40 public company payroll list in 2022 thanks to their long-term contracts. This emerges from an analysis of the remuneration reports by the news agency Reuters. Ex-AdidasAccording to calculations by the Reuters news agency, boss Kasper Rorsted (61) received a total of 15.37 million euros thanks… Continue reading German Manager Magazin: Dax board salaries: Rorsted and Diess earn the most after leaving002451
German Manager Magazin: Volkswagen: Despite weak business in China, VW is again selling more cars worldwide002450
The sales of Volkswagen-Group improved again in the first quarter. As the Wolfsburg-based company announced on Friday, worldwide deliveries from the beginning of January to the end of March rose by 7.5 percent to just over two million vehicles compared to the same period last year. One reason for this is the gradually stabilizing supply… Continue reading German Manager Magazin: Volkswagen: Despite weak business in China, VW is again selling more cars worldwide002450
German Manager Magazin: Mercedes-Benz achieves a return of almost 15 percent002446
Reason for joy at Ola Källenius (53): The CEO of the car manufacturer Mercedes Benz can continue to benefit from high sales prices in view of the impending economic downturn. In the first quarter, the Stuttgart-based company exceeded the strong value from the same period last year with its earnings before interest and taxes, according… Continue reading German Manager Magazin: Mercedes-Benz achieves a return of almost 15 percent002446
German Manager Magazin: Ice cream disaster for BMW in China at Auto Shanghai002446
The competition of Chinese brands makes the German car manufacturers to create. After years of dominance, competitors like BYD are in China already passed and are also preparing to take off internationally. A critical phase for the German car industry. Shitstorms come at the wrong time – but one just broke over bmw in. Their… Continue reading German Manager Magazin: Ice cream disaster for BMW in China at Auto Shanghai002446
German Manager Magazine: Volkswagen, BMW, Mercedes: How Chinese car manufacturers are duping the German002447
Auto Shanghai is the most important automobile show in a long time. The IAA is revived in Munich, the Geneva Motor Show has recently been canceled several times. In China on the other hand, the industry is bouncing around like it was in the best of times. Local brands in particular are presenting themselves more… Continue reading German Manager Magazine: Volkswagen, BMW, Mercedes: How Chinese car manufacturers are duping the German002447