ford is making a U-turn in its electric car strategy, writing off $19.5 billion and discontinuing several electric models. The US car manufacturer announced this on Monday. Investors reacted calmly to the radical shift in strategy: the company’s shares were recently slightly higher. The write-downs of almost $20 billion are among the largest write-downs ever… Continue reading German Manager Magazine: Ford: Group completes 180-degree turnaround and writes off $19.5 billion004598
Author: Manager Magazin (German)
German Manager Magazine: Ford: Traditional US company cancels electric models and writes off billions of dollars004597
ford is making a U-turn in its electric car strategy, writing off $19.5 billion and discontinuing several electric models. “Instead of spending billions more on big electric cars that no longer have a path to profitability, we’re investing that money in areas with higher returns,” said Andrew Frick, head of Ford’s combustion engine and electric… Continue reading German Manager Magazine: Ford: Traditional US company cancels electric models and writes off billions of dollars004597
German Manager Magazine: Car equipment: Smart parking, seat heating, etc. could soon only be available via subscription004597
Shaking hands, handing over the keys, the customer drives out of the yard in his new car – and was never seen again. This scenario is the old normal for car manufacturers: one-off sale, then radio silence until the next TÜV inspection. Enlarge image “One of the most important growth areas in the automotive industry”:… Continue reading German Manager Magazine: Car equipment: Smart parking, seat heating, etc. could soon only be available via subscription004597
German Manager Magazine: Porsche: New SUV model complements Macan and Panamera in Leipzig004596
Porsche will build a second SUV model at its Leipzig factory. Porsche announced that the board of directors and supervisory board have now decided to produce the vehicle, known internally as the M1, in the Saxon factory. It should roll off the production line at the end of the decade. The “Leipziger Volkszeitung” had previously… Continue reading German Manager Magazine: Porsche: New SUV model complements Macan and Panamera in Leipzig004596
German Manager Magazine: Combustion engine off: Top economists against weakening the EU CO₂ requirements004593
The foreseeable move away from the European combustion engine phase-out in 2035 is causing strong criticism among economists. It neither solves the manufacturers’ current problems nor secures industrial jobs Germany, if only longer Cars with petrol or diesel engines will be newly registered, said the chairwoman of the economists, the Munich economist Monika Schnitzer (64),… Continue reading German Manager Magazine: Combustion engine off: Top economists against weakening the EU CO₂ requirements004593
German Manager Magazine: Start-up from Munich: QuantumDiamonds builds 152 million euro factory004593
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: Start-up from Munich: QuantumDiamonds builds 152 million euro factory004593
German Manager Magazine: VW, BMW, Mercedes-Benz: German car manufacturers with lowest quarterly profit since 2009004593
The Germans Car manufacturer From July to September, they were under greater pressure than at any time since the financial crisis. Considered together, sales and turnover remained at Volkswagen, BMW and Mercedes Benz although largely stable. However, the manufacturers’ operating profit (EBIT) fell by almost 76 percent. With a total of just over 1.7 billion… Continue reading German Manager Magazine: VW, BMW, Mercedes-Benz: German car manufacturers with lowest quarterly profit since 2009004593
German Manager Magazine: Daimler Truck: Truck manufacturer wants to dissolve strategy department004592
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: Daimler Truck: Truck manufacturer wants to dissolve strategy department004592
German Manager Magazine: Combustion engine out: EU Commission is considering withdrawing the ban004591
According to EPP parliamentary group leader Manfred Weber (CSU/EVP/53), the EU Commission wants to overturn the so-called combustion engine phase-out. “For new registrations from 2035 onwards, a 90 percent reduction in CO2 emissions should now be mandatory for the automobile manufacturers’ fleet targets instead of 100 percent,” the “Bild” newspaper quoted the EPP chairman as… Continue reading German Manager Magazine: Combustion engine out: EU Commission is considering withdrawing the ban004591
German Manager Magazine: BMW, Porsche, Daimler Truck, Starcar – the newsletter “manage:mobility”004589
Dear reader, In times of crisis at the latest, communication becomes the supreme discipline for companies. The challenge is complex: communicators are supposed to keep the often unsettled workforce happy internally and attract critical journalists externally. The chief communicators of two crisis candidates, about whom we regularly report in this newsletter, announced their departure this… Continue reading German Manager Magazine: BMW, Porsche, Daimler Truck, Starcar – the newsletter “manage:mobility”004589