BMW BMW X5: The SUVs are in demand BMW also sold more cars in November than a year ago, but less than its competitor Mercedes-Benz. Especially the business with SUVs and hybrid vehicles went well. Worldwide sales of the core brand among the Munich increased by 1.6 percent to 189 000 cars. For comparison: The… Continue reading Sales up: BMW profits above all from SUVs
Author: Manager Magazin (German)
Interim CEO Bram Schot receives permanent contract: Audi has a regular boss again
ddp images / Sven Simon Bram Schot now has a regular contract as Audi boss until 2021 Barely six months ago, Bram Schot joined Audi as interim chief for the arrested Rupert Stadler. The interim is now a long-term solution: The 57-year-old native Dutchman has received a long-term contract as Audi CEO and moves simultaneously… Continue reading Interim CEO Bram Schot receives permanent contract: Audi has a regular boss again
Production of the C-Max runs out: Ford wants to reduce in Saarlouis a quarter of the jobs
ford Ford: The automaker plans job cuts at its second largest German production site in Saarlouis The US car company Ford is negotiating with employee representatives on a job cuts in the plant Saarlouis. The local production of the model C-Max should be discontinued. Politicians on the Saar are upset. Ford has around 6300 employees… Continue reading Production of the C-Max runs out: Ford wants to reduce in Saarlouis a quarter of the jobs
For electric car production until 2030: Daimler buys battery cells for 20 billion
AFP Dieter Zetsche presented in September this year, the first scion of his electric car family EQ. The electric SUV EQC should come from mid-2019 in the trade For battery cells for its electric vehicles, Daimler will spend more than 20 billion euros in the coming years. The contracts now concluded with Asian manufacturers secured… Continue reading For electric car production until 2030: Daimler buys battery cells for 20 billion
Fraud allegations: Procuratorate files charges against Ghosn and Nissan
AFP Carlos Ghosn: The Renault boss is said to have declared for years a much too low income at the stock exchange Nissan Chairman of the Board Carlos Ghosn, who has been in custody for three weeks, and the corporation itself are in Japan Charge for violating stock exchange requirements. That confirmed Nissan on Monday… Continue reading Fraud allegations: Procuratorate files charges against Ghosn and Nissan
German production in October: surprising decline
DPA Production goes back in October TheGerman Companies have surprisingly shut down their production in October. Industry, Construction and utilities together produced 0.5 percent less than in the previous month, as the Federal Ministry of Economics announced on Friday. Economists, however, had expected a plus of 0.3 percent. “Industrial production started weakly in the fourth… Continue reading German production in October: surprising decline
Diesel scandal: 81,000 join suit against VW
DPA Suffering as a cursed diesel driver against the Volkswagen Group, can be quite expensive. Consumer protec- tors and ADAC are bearing the litiga- tion costs risk in a model declaration suit Tens of thousands of VW diesel drivers feel moved by the group over the table. More than 81,000 are now taking part in… Continue reading Diesel scandal: 81,000 join suit against VW
Decision on long-term contract postponed: Patience game for Audi interim boss Bram Schot
ddp images / Sven Simon Bram Schot has to wait another few weeks for his appointment as permanent Audi boss The decision should reassure a company that has been insecure for months. But the plan went completely wrong. On Thursday, as it was often said, should Audis Members of the Supervisory Board appoint the current… Continue reading Decision on long-term contract postponed: Patience game for Audi interim boss Bram Schot
Trade dispute EU and US: Punitive duty on German cars? Juncker has “good news” for Trump
DPA Juncker, Trump: “Good news for Donald Trump” European Commission chief Jean-Claude Juncker does not believe that US President Donald Trump will soon impose special tariffs on car imports from Europe. He has recently stated with satisfaction that nothing has changed in the relationship between the US and the EU since the standstill agreement agreed… Continue reading Trade dispute EU and US: Punitive duty on German cars? Juncker has “good news” for Trump
Profitability of auto companies: Toyota ahead of BMW, Daimler and VW – but German carmakers invest more in the future
Global car sales decline for the first time since the financial crisis. The profit margin of the 16 leading auto companies has fallen to its lowest level since the financial crisis. Toyota and Suzuki work more profitably than the German carmaker: But that the profit margin of VW, Daimler and BMW is shrinking, is mainly… Continue reading Profitability of auto companies: Toyota ahead of BMW, Daimler and VW – but German carmakers invest more in the future