In politics, the much-vaunted turning point may still be a long time coming, depending on one’s perspective. But things are different on the road: The horsepower industry is in the midst of change and will fuel it in the new year with numerous new models and even a few new brands. If you take all… Continue reading German Manager Magazine: Volkswagen, BMW, Mercedes: The most important innovations in the car year 2023002230
Author: Manager Magazin (German)
German Manager Magazin: USA: Volkswagen sells 20 percent fewer cars, GM overtakes Toyota002229
The persistent chip shortage and supply chain problems in the auto industry have Volkswagen’s Root brand struggled in the US market last year. Sales fell by 19.7 percent to 301,069 new cars compared to the previous year, as the carmaker announced on Thursday. the share fell by more than 1 percent, also because Tesla lowered… Continue reading German Manager Magazin: USA: Volkswagen sells 20 percent fewer cars, GM overtakes Toyota002229
German Manager Magazin: Tesla share with price drop: renewed price reduction in China puts share under pressure002228
The US electric car pioneer Tesla has in the important car market China reduced its prices again due to sales problems, putting the entire auto sector on the stock market under pressure. In the leading German index Dax, the papers of VW-Holding Porsche SE, Porsche AG, Mercedes-Benz, bmw and Volkswagen the last five places in… Continue reading German Manager Magazin: Tesla share with price drop: renewed price reduction in China puts share under pressure002228
German Manager Magazin: Electric car: Mercedes plans its own charging network with 10,000 fast charging points002227
Mercedes-Benz wants to set up its own charging network for electric cars. More than 10,000 fast charging points are planned at 2,000 locations in North America, China and Europe, the Stuttgart announced on Thursday evening. The first charging parks in North America are to be built in the course of the year. They should not… Continue reading German Manager Magazin: Electric car: Mercedes plans its own charging network with 10,000 fast charging points002227
German Manager Magazin: Dax investors wave a record dividend of 55 billion euros002226
According to calculations by Dekabank, shareholders in German corporations can expect a record amount of dividends for the 2022 financial year. The securities house of the savings banks expects distributions of 54.9 billion euros, which would be 3.6 billion euros more than a year earlier. The reason for the high dividends are record profits, explains… Continue reading German Manager Magazin: Dax investors wave a record dividend of 55 billion euros002226
German Manager Magazin: General Motors in Formula 1: GM forms new US team with Michael Andretti under the Cadillac brand002225
The American racing team owner Michael Andretti (60) and the US car manufacturer General Motors want to start together in Formula 1 in the future. The partners said in a joint statement on Thursday that they would set up a new US team under the Cadillac group brand. If the move is approved by the… Continue reading German Manager Magazin: General Motors in Formula 1: GM forms new US team with Michael Andretti under the Cadillac brand002225
German Manager Magazin: Amazon with mass layoffs, job cuts of more than 18,000 jobs002224
The wave of layoffs at the world’s largest online mail order company Amazon turns out to be significantly larger than initially assumed. CEO Andy Jassy (54) announced in a memo to employees that more than 18,000 jobs would be cut. In November there was talk of only 10,000 jobs. This is the first major downsizing… Continue reading German Manager Magazin: Amazon with mass layoffs, job cuts of more than 18,000 jobs002224
German Manager Magazine: Afeela: Sony and Honda present new brand for joint car002223
Electronics giant Sony will sell its car developed jointly with Honda under the new brand name Afeela. Their joint venture presented a prototype of the vehicle at the CES technology fair in Las Vegas, which is to be launched in North America in 2026. Among other things, Sony wants to play to the strengths of… Continue reading German Manager Magazine: Afeela: Sony and Honda present new brand for joint car002223
German Manager Magazin: BMW: 2.4 million cars sold in 2022 and therefore slightly fewer, sales of pure electric cars doubled002221
bmw sold around 2.4 million cars last year – almost 100,000 fewer than in the previous year. However, sales of fully electric vehicles have more than doubled, the carmaker announced on Wednesday in Munich. Thus, the share of all-electric BMWs and Minis in total sales reached almost 10 percent. The goal for the current year… Continue reading German Manager Magazin: BMW: 2.4 million cars sold in 2022 and therefore slightly fewer, sales of pure electric cars doubled002221
German Manager Magazin: Lidl, Aldi, Volkswagen, Beiersdorf: Family businesses create more jobs than DAX companies002221
Large family businesses have created significantly more new jobs than DAX companies in the past decade. They also hire a larger proportion of their new employees in Germany, while DAX companies without a dominant family in the background are more likely to create new jobs abroad. The Institute for SME Research at the University of… Continue reading German Manager Magazin: Lidl, Aldi, Volkswagen, Beiersdorf: Family businesses create more jobs than DAX companies002221