Volkswagen is expected to sell the unprofitable luxury brand Bugatti to the Croatian sports car specialist Rimac. This was announced by CEO Herbert Diess (62) on Tuesday at the presentation of the balance sheet for 2020. The manager magazin had already in September last year about the imminent decision reported. The most likely solution for… Continue reading German Manager Magazin: Volkswagen AG: Herbert Diess wants to sell Bugatti to Rimac000653
Author: Manager Magazin (German)
German Manager Magazin: Volkswagen AG: Herbert Diess and works council agree on further job cuts000645
Volkswagen has agreed on further steps to cut jobs with the works council of the car manufacturer. Accordingly, existing offers for partial retirement will now also be opened for those born in 1964. In addition, new offers for early retirement are to be presented to those born between 1956 and 1960. Volkswagen announced this on… Continue reading German Manager Magazin: Volkswagen AG: Herbert Diess and works council agree on further job cuts000645
German Manager Magazin: Stellantis: Opel drives three-digit million profit in Corona year 000629
After many years of losses, Opel seems to be developing into a profitable car manufacturer under the umbrella of the renamed parent company Stallantis. In any case, Stellantis gives an overview of the operating profit of its subsidiary Opel-Vauxhall, which previously belonged to PSA, for the Corona year 2020 527 million euros, in the first… Continue reading German Manager Magazin: Stellantis: Opel drives three-digit million profit in Corona year 000629
German Manager Magazin: Spacs: How traditional car manufacturers can also increase their market value000629
manager magazin: Mr. Kames, Volkswagen sells around 10 million cars, generated around 10 billion euros in profit in 2020 despite the corona pandemic and is valued at 92 billion euros on the stock exchange. The Chinese electrical competitor Nio sells 44,000 cars, was on the verge of financial failure two years ago – and is… Continue reading German Manager Magazin: Spacs: How traditional car manufacturers can also increase their market value000629
German Manager Magazin: Volkswagen: New strategy for 70 percent electric cars by 2030000627
The expansion of the purer fleet Electric vehicles should at Volkswagen move faster under the pressure of tougher climate targets. In 2030, 70 percent of all vehicles of the core brand VW sold in Europe should be electrically powered, said core brand boss Ralf Brandstätter (52) on Friday. This means a doubling of the previously… Continue reading German Manager Magazin: Volkswagen: New strategy for 70 percent electric cars by 2030000627
German Manager Magazin: Daimler: Main plant in Stuttgart-Untertürkheim becomes Elektrocampus, dispute settled000627
The dispute over the future direction of the DaimlerMain plant in Stuttgart-Untertürkheim is enclosed. For more than 400 million euros, the site is to become a campus for Electromobility be rebuilt. In the plant, electric motors, batteries and complete drive systems are to be developed and built on a much larger scale than previously planned,… Continue reading German Manager Magazin: Daimler: Main plant in Stuttgart-Untertürkheim becomes Elektrocampus, dispute settled000627
German Manager Magazin: Sixt: Erich Sixt gives leadership to Alexander and Konstantin Sixt from000620
Generation change at the top of Germany’s largest car rental company: CEO and major shareholder Erich Sixt (76) hands over the helm to his sons Alexander and Konstantin. After the annual general meeting on June 16, shortly before his 77th birthday, Erich Sixt is leaving the management board and will then take over the chairmanship… Continue reading German Manager Magazin: Sixt: Erich Sixt gives leadership to Alexander and Konstantin Sixt from000620
German Manager Magazin: Electric car: Volvo will be a purely electric car brand from 2030, e-cars will only be sold online000619
The previous big electric announcements often came from brands whose sales figures were comparatively low – and for whom switching to battery-only electric drives should therefore be a little easier. Now, with the Swedish-Chinese luxury car maker Volvo (vehicle sales 2020: 705,452 cars, annual profit in the Corona year: 770 million euros), a significantly larger… Continue reading German Manager Magazin: Electric car: Volvo will be a purely electric car brand from 2030, e-cars will only be sold online000619
German Manager Magazin: Börse: Dax at 14,000 points, Bitcoin below 50,000 US dollars 000619
Breathing after the recovery: The German leading index Dax fluctuated in early trading on Tuesday just under the mark of 14,000 points. After catching up the day before, investors are initially holding back: On Monday, the Dax closed 1.6 percent higher at 14,012 points. The reasons for the renewed purchases were the falling yields on… Continue reading German Manager Magazin: Börse: Dax at 14,000 points, Bitcoin below 50,000 US dollars 000619
German Manager Magazin: New car registrations January: Electric boom in the German car market continues – KBA Numbers000612
Of the 169,754 newly registered cars in January 2021, 62,371 cars, and thus 36.7 percent, had alternative drives, counted by the Federal Motor Transport Authority (KBA). More than a third of all new cars registered in January are therefore purely battery-electric, with plug-in or normal hybrid, and have a fuel cell, hydrogen or gas tanks… Continue reading German Manager Magazin: New car registrations January: Electric boom in the German car market continues – KBA Numbers000612