Toyota has surprisingly increased profits thanks to the easing semiconductor shortage. Operating profit jumped 22 percent to 957 billion yen (around 6.8 billion euros) in the third fiscal quarter, the world’s largest automaker announced on Thursday. The collapse of the yen also helped. The Japanese currency fell to a 32-year low in October, giving Toyota… Continue reading German Manager Magazin: Volkswagen rival: Toyota drives slowly out of the deep002304
Author: Manager Magazin (German)
German Manager Magazin: Electromobility: Why the expansion of charging stations is taking so long002301
“We don’t want to watch and wait until it’s built. That’s why we’re setting up a global fast charging network ourselves,” said Mercedes-Benz boss Ola Källenius (53) recently when he announced the plans for own charging network with 10,000 charging points worldwide. The charging stations should be connected to the grid by the end of… Continue reading German Manager Magazin: Electromobility: Why the expansion of charging stations is taking so long002301
German Manager Magazine: Auto1, Cazoo, Volkswagen, Knorr-Bremse, Ford, Fahrrad: The new newsletter manage:mobility002302
Dear reader, The “Feedback period” for the Euro 7 emissions standard expires today. The car manufacturers sounded the alarm again on time. The rules are too strict, cars could become unaffordable. The proud and currently highly profitable industry feels enslaved. But politics is also in a dilemma. If the EU stands firm, it will have… Continue reading German Manager Magazine: Auto1, Cazoo, Volkswagen, Knorr-Bremse, Ford, Fahrrad: The new newsletter manage:mobility002302
German Manager Magazin: Auto1, Cazoo and Co.: Online car dealers fight for survival002301
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: Auto1, Cazoo and Co.: Online car dealers fight for survival002301
German Manager Magazin: Volkswagen: Cash inflow falls, operating profit rises in 2022, but cash flow falters002300
Europe’s largest carmaker Volkswagen has increased profits despite production disruptions due to missing chips and persistent supply shortages. With group sales increasing by around twelve percent to 279 billion euros, operating profit (EBIT) climbed by 12.5 percent to 22.5 billion euros last year, as the group announced on Tuesday evening. The figures were therefore within… Continue reading German Manager Magazin: Volkswagen: Cash inflow falls, operating profit rises in 2022, but cash flow falters002300
German Manager Magazin: Bicycle industry: What the Prophete bankruptcy says about German bike manufacturers002299
When the more than 110-year-old bicycle manufacturer Prophete filed for insolvency at the Bielefeld district court at the end of last year, it was a big surprise, at least for outsiders. The industry has recently experienced an enormous upswing as a result of the pandemic. Many cities are creating in the course of the traffic… Continue reading German Manager Magazin: Bicycle industry: What the Prophete bankruptcy says about German bike manufacturers002299
German Manager Magazin: Volkswagen: VW top manager Elke Temme is resigning from her duties for private reasons002298
Since the beginning of 2021, Elke Temme has been in charge of the charging and energy business area within the Volkswagen-Group with the brands Elli and Electrify America – a “pillar of the future” of the group, which bundles Volkswagen’s global activities in charging infrastructure and energy services. Temme is now resigning from her duties… Continue reading German Manager Magazin: Volkswagen: VW top manager Elke Temme is resigning from her duties for private reasons002298
German Manager Magazin: Tesla: Elon Musk raises the prices for his SUV model Y in the USA002297
The electric car manufacturer Tesla has in the USA raised prices for its Model Y just before the weekend following an expansion of tax incentives by the US government. The price of the Model Y Long Range rose by 1500 to just under $55,000 (51,060 euros) and that of the Model Y Performance by 1000… Continue reading German Manager Magazin: Tesla: Elon Musk raises the prices for his SUV model Y in the USA002297
German Manager Magazin: Elon Musk acquitted in fraud case over misleading Tesla tweets002296
Musk had announced on Twitter at the time that he wanted to take Tesla private for a price of $420 per share. Funding for this is “secured”. The announcement caused Tesla shares to fluctuate, but Musk later backed down. It became clear that the financing was anything but secure. Tesla investors fail with class action… Continue reading German Manager Magazin: Elon Musk acquitted in fraud case over misleading Tesla tweets002296
German Manager Magazine: BYD: Electric car manufacturer overtakes Tesla002294
Attack on Tesla BYD – a Toyota of electric mobility This year, Chinese EV maker BYD is likely to release more pure electric vehicles than Tesla. But that’s not the only reason why BYD is celebrated on the stock exchange: the group is similar in many aspects to the world’s largest car manufacturer Toyota. An… Continue reading German Manager Magazine: BYD: Electric car manufacturer overtakes Tesla002294