The insolvent auto parts supplier Borgers is saved. Founded in 1866 in Bocholt, North Rhine-Westphalia, the company with its 4,500 employees is being sold to Swiss competitor Autoneum for 117 million euros. Both sides announced this on Monday. Borgers was one of the biggest bankruptcies of the past year Germany. Big car manufacturers like Volkswagenwho… Continue reading German Manager Magazine: Borgers: Swiss rival Autoneum takes over the automotive business002233
Author: Manager Magazin (German)
German Manager Magazine: Tesla: Buyers in China react furiously to price cuts002232
hundreds Tesla-Owners gathered in front of Tesla showrooms and delivery centers over the weekend in China gathered to protest against the US company’s pricing policy. After the surprise price cuts a few days ago, they demanded retrospective discounts and credits for contracts they had just signed. In Shanghai alone, about 200 Tesla Model Y and… Continue reading German Manager Magazine: Tesla: Buyers in China react furiously to price cuts002232
German Manager Magazin: Maserati: Test drive in the Levante GT – About the end of a love002231
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: Maserati: Test drive in the Levante GT – About the end of a love002231
German Manager Magazine: Volkswagen, BMW, Mercedes: The most important innovations in the car year 2023002230
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
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