Due to high one-off costs in the third quarter, the Volkswagen Group suffered a noticeable drop in profits despite a decent run in day-to-day business. In the actual business, the Wolfsburg-based company was able to increase significantly, also because the previous year’s quarter was heavily influenced by Covid restrictions. A multi-billion dollar write-down on the… Continue reading German Manager Magazin: Volkswagen: Oliver Blume lowers sales forecast 002105 after profit slump in the third quarter
Author: Manager Magazin (German)
German Manager Magazin: Elon Musk justifies Twitter purchase: “I want to try to help humanity”002104
The takeover of Twitter through Elon Musk is not yet final, but the tech billionaire is already getting involved in the online network’s business. In an open letter to Twitter’s advertisers, he explained TeslaCEO on Thursday reiterated his motives for the $44 billion deal, addressing concerns that the platform could become a hotbed of hate… Continue reading German Manager Magazin: Elon Musk justifies Twitter purchase: “I want to try to help humanity”002104
German Manager Magazin: Tesla, Inc. is apparently facing criminal investigations in the USA for advertising Autopilot002100
Elon Musk likes to advertise with full-bodied promises for the autopilot of Tesla. The driver assistance system is “probably better” than a human driver, according to Musk. Now the advertising promises are apparently bringing new legal trouble to Tesla United States a. US authorities have been investigating the group for some time after several accidents… Continue reading German Manager Magazin: Tesla, Inc. is apparently facing criminal investigations in the USA for advertising Autopilot002100
German Manager Magazin: Continental subsidiary: Vitesco sells the exhaust technology division Emitec 002101
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 the subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Continental subsidiary: Vitesco sells the exhaust technology division Emitec 002101
German Manager Magazine: Volkswagen, Argo AI, Ford, Vitesco, Continental, Lime, Audi, Emitec, bicycles: The new newsletter manage:mobility002100
Dear reader, Last night at just after 10 p.m., Volkswagen sent out a press release entitled: “Volkswagen Consolidates Development for Autonomous Driving.” The background was clear a little later: The US start-up Argo AI, in which both VW and Ford have invested billions, has no future. Ford is writing off $2.7 billion, and VW is… Continue reading German Manager Magazine: Volkswagen, Argo AI, Ford, Vitesco, Continental, Lime, Audi, Emitec, bicycles: The new newsletter manage:mobility002100
German Manager Magazin: Volkswagen and Ford stop robo car dream Argo AI002100
Level 1 – assisted driving: The driver is responsible, he has to stay in control of the system at all times. The technology provides support when steering or accelerating. Typical examples would be lane departure warning, cruise control or automatic distance control. Level 2 – semi-automated driving: Here, too, the driver remains responsible and must… Continue reading German Manager Magazin: Volkswagen and Ford stop robo car dream Argo AI002100
German Manager Magazin: Audi: Car manufacturer enters Formula 1 with Swiss racing team Sauber002097
The Ingolstadt carmaker Audi will compete in Formula 1 as a works team from 2026 and will work together with the Swiss racing team Sauber. the Volkswagendaughter officially announced her choice of partner on Wednesday and wants to benefit from the know-how of the traditional team in the future. Audi takes over a stake in… Continue reading German Manager Magazin: Audi: Car manufacturer enters Formula 1 with Swiss racing team Sauber002097
German Manager Magazin: Volkswagen: Wolfsburg-based carmaker only wants to build electric cars in Europe from 2033002098
Volkswagen is pushing the pace when switching to electromobility and wants to build only purely battery-powered cars in Europe by 2033 at the latest. Brand boss Thomas Schäfer (52) preferred the previous goal. Just a few months ago, the Wolfsburg-based company had planned to gradually exit the combustion vehicle business in its home market between… Continue reading German Manager Magazin: Volkswagen: Wolfsburg-based carmaker only wants to build electric cars in Europe from 2033002098
German Manager Magazine: Markus Duesmann: Audi boss recommends speed limit and car-free days002097
Without a doubt, Markus Duesmann (53) is a car manager through and through. once at bmw Board member responsible for purchasing and previously also for Formula 1 engines, he moved to the competitor as CEO in April 2020 Audi, which is known to be in 2026 as well wants to get involved in the Formula… Continue reading German Manager Magazine: Markus Duesmann: Audi boss recommends speed limit and car-free days002097
German Manager Magazin: General Motors: Share increases significantly after quarterly figures002096
The US automaker General Motors (GM) posted a surprisingly large increase in earnings. At the same time, the company confirmed its business outlook despite the uncertain economic outlook given the risk of inflation and recession. GM’s net income improved by more than a third to $3.3 billion in the third quarter, the largest American automaker… Continue reading German Manager Magazin: General Motors: Share increases significantly after quarterly figures002096