The global delivery crisis hits the US auto company ford hard. In the first quarter, the bottleneck in computer chips could slow production by 10 to 20 percent and thus reduce the operating result by one to 2.5 billion dollars, Ford announced on Thursday evening. The production of the F-150 pick-up, the one in the… Continue reading German Manager Magazin: Ford: Electric car offensive despite red numbers, but chip crisis paralyzes production000549
Author: Manager Magazin (German)
German Manager Magazin: Chinese automaker FAW wants to buy BMW partner Brilliance000545
According to insiders, the second largest Chinese car manufacturer FAW is reaching for the local one BMWPartner Brilliance. The state-owned FAW Group, which also works with Volkswagen and Audi Cars produced for the Chinese market could spend around six billion euros on a proposed takeover, reports the news agency Reuters on Wednesday exclusively. The agency… Continue reading German Manager Magazin: Chinese automaker FAW wants to buy BMW partner Brilliance000545
German Manager Magazin: Battery cells: Funding worth billions for Tesla, BMW and others approved by the EU000539
The EU Commission has approved another major European project for battery production for electric cars. She classified the 2.9 billion euro investment project by twelve EU countries under German leadership as a so-called project of common European interest, as the Commission Vice-President Margrethe Vestager (52) in charge of competition said in Brussels on Tuesday. This… Continue reading German Manager Magazin: Battery cells: Funding worth billions for Tesla, BMW and others approved by the EU000539
German Manager Magazin: Ola Källenius’ austerity course is taking effect – Daimler ends 2020 with a jump in profits000539
Earnings before interest and taxes (EBIT) amounted to 6.6 billion euros last year, said Daimler on Thursday evening based on preliminary figures. Compared to the weak previous year, this is an increase of 53 percent. According to Daimler, experts believed that the company would only have an operating profit of over 5.2 billion euros. The… Continue reading German Manager Magazin: Ola Källenius’ austerity course is taking effect – Daimler ends 2020 with a jump in profits000539
German Manager Magazin: Tesla boss Elon Musk and the shortsellers: dispute involves flashmob traders000538
It is a battle of the masses of retail investors against the big fish on Wall Street. Hedge fund billionaires who – according to the cliché – want to profit from price losses without having a serious interest in the companies and possibly jobs. Those who earn their money by the fact that many private… Continue reading German Manager Magazin: Tesla boss Elon Musk and the shortsellers: dispute involves flashmob traders000538
German Manager Magazine: Autonomous Driving: Ranking of the leading companies from Waymo to Tesla000527
Who is better? Between Tesla-Boss Elon Musk (49) and John Krafcik (59), who runs the Alphabet subsidiary Waymo, which emerged from Google’s car project, has developed something that looks like an ego fight. Tesla’s approach has nothing to do with fully autonomous driving, Krafcik explained in the Interview with manager magazin. “It doesn’t work that… Continue reading German Manager Magazine: Autonomous Driving: Ranking of the leading companies from Waymo to Tesla000527
German Manager Magazin: The auto industry lacks chips: Peter Altmaier appeals to Taiwan000510
The lack of semiconductor products such as microchips and sensors at the German car industry has called Federal Minister of Economics Peter Altmaier (62, CDU) on the scene. As the “Saarbrücker Zeitung” reported on Saturday, the minister wrote to the Taiwanese government and asked for help in solving the current supply problems. According to the… Continue reading German Manager Magazin: The auto industry lacks chips: Peter Altmaier appeals to Taiwan000510
German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479
The French automakerRenaultwants to find its way back on the road to success with a sharper savings system and the conversion to a software-driven technology group. The new CEO Luca de Meo (53) explained on Thursday his restructuring program with the name “Renaulution”, with which he wants to increase the profitability of the troubled group… Continue reading German Manager Magazin: Renault: Luca de Meo’s strategy should lead away from mass thinking, but in the case of electric cars, belligerent with Renault 5-Comeback000479
German Manager Magazin: Rupert Stadler: Ex-boss of Audi attacks public prosecutors head-on000479
The former AudiChief Rupert Stadler has never made a secret of the fact that he is in the Diesel affair completely wrong for fraud brought to justice sees. When he spoke for the first time on Tuesday, the 19th day of his main hearing, the rather brittle business economist became almost emotional by his standards.… Continue reading German Manager Magazin: Rupert Stadler: Ex-boss of Audi attacks public prosecutors head-on000479
German Manager Magazin: Exhaust gas scandal: Trial against ex-Volkswagen boss Martin Winterkorn burst 000480
After the termination of the criminal proceedings against the current VW top because of market manipulation in the diesel scandal, the corresponding process against ex-CEO Martin Winterkorn (73) has also been discontinued. This was announced by the Braunschweig regional court on Friday. The proceedings will be discontinued – but the fraud trial against Winterkorn due… Continue reading German Manager Magazin: Exhaust gas scandal: Trial against ex-Volkswagen boss Martin Winterkorn burst 000480