REUTERS The arrest and dismissal of Carlos Ghosn causes a stir among French politicians Nissan had already announced it two days ago, now Carlos Ghosn is finally rid of his high-ranking job with the Japanese automaker: Nissan’s inspectors have now decided unanimouslyTo remove Ghosn from his position as Chairman of the Nissan Board of Directors.… Continue reading France fears for Renaults influence: Why Ghosn turbo disassembly becomes a political issue
Author: Manager Magazin (German)
“Otherwise, activists like Elliott will come”: important investors are attacking Daimler CEO Zetsche
There are testimonies of his work, which do not let Daimler’s Chairman of the Supervisory Board Manfred Bischoff (76) look good. There is, for example, the stock price. Exactly with his development, the fund manager David Herro (57) has shaken him recently. How it could be, Herro wanted to know in a telephone call that… Continue reading “Otherwise, activists like Elliott will come”: important investors are attacking Daimler CEO Zetsche
Profit warnings and car dumps: The autumn of the German auto industry
A profit warning chases the next, the sluggish production even drives the German GDP into negative – the showcase industry number one delivers bad news. The overview. The automotive supplier Continental has already revised its profit forecast down twice this year – and again made it subject to reservations at the beginning of November. The… Continue reading Profit warnings and car dumps: The autumn of the German auto industry
VW plans electro-favorable model from 2020: What’s tuned to Diess’ price announcement for Tesla
Volkswagen The Electric Vehicle Study I.D. is the basis for the Golf-style Stromer “Neo”, the VW sold from 2020 He warned more objectivity in the diesel debate and explained in detail the potential pitfalls of hardware retrofits: For long stretches was the appearance of VolkswagenGroup CEO Herbert Diess rather expectable, as he went Thursday night… Continue reading VW plans electro-favorable model from 2020: What’s tuned to Diess’ price announcement for Tesla
MAN becomes a pure truck manufacturer: VW pays two billion euros for MAN divisions
REUTERS Volkswagen takes over MAN’s transmission and marine diesel divisions The Munich-based truck manufacturer MAN is giving its traditional transmission and marine diesel lines for about two billion euros to the parent company Volkswagen Show stock market chart from. The spin-off of Augsburg-based Renk AG and generator manufacturer MAN Energy Solutions from the commercial vehicle… Continue reading MAN becomes a pure truck manufacturer: VW pays two billion euros for MAN divisions
Risk of fire from coolant problems: BMW recall increases to 1.6 million cars
AP Million recall at BMW because of problematic air conditioning systems Because of problems with the air conditioning needs BMW Get more than one million more vehicles into the workshop worldwide. It is in this context already the second call this year, as the car maker announced on Tuesday. In the affected diesel vehicles could… Continue reading Risk of fire from coolant problems: BMW recall increases to 1.6 million cars
After the furious speech of the VW boss: These cars are really green
VW boss Herbert Diess gets angry: The mobility turnaround with carbon electric powered electric cars is absurd. Looking for the really green car … This turns on: From a “campaign against individual mobility” squabbled the Volkswagen CEO this week, from an “almost hysterical nitric oxide discussion” and the impossible new CO2 targets. The only 30… Continue reading After the furious speech of the VW boss: These cars are really green
Less profit expected: Daimler’s profit warning sends stock to five-year low
AP Daimler CEO Dieter Zetsche: earnings forecast for 2018 lowered The carmaker Daimler Show stock market chart expects a weaker annual result than previously forecast in view of the costs associated with the diesel scandal. The group lowered on Friday its expectation for 2018 and called for several reasons. The third quarter had missed the… Continue reading Less profit expected: Daimler’s profit warning sends stock to five-year low
Fight against driving bans: VW wants to pay high scrapping premiums for old diesel
DPA Volkswagens TDI engines: The muddlers are to be scrapped The carmaker Volkswagen Show stock market chart apparently wants to scrap nationwide old diesel against payment of a conversion fee. VW wants older diesel vehicles of the brands VW, Seat, Skoda and Audi Show stock market chart not only with the emission standards 1 to… Continue reading Fight against driving bans: VW wants to pay high scrapping premiums for old diesel
Business model at Brexit without contract in danger: car industry is making dramatic appeal to EU summit
Bloomberg via Getty Images Mini-production in the UK: Not only on the island, the car manufacturers fear in a Brexit contract without chaotic conditions A Brexit without a contract would threaten the entire business model of the industry from the point of view of the European auto industry. Before the EU summit this Wednesday evening,… Continue reading Business model at Brexit without contract in danger: car industry is making dramatic appeal to EU summit