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
Author: Manager Magazin (German)
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
German Manager Magazin: Mercedes-Benz: Why Daimler’s C-Class is not becoming a Tesla Fighter000611
For decades this model was for Daimler A safe bet: The C-Class, the first generation of which was still called the Mercedes 190, ensured that Mercedes-Benz had consistently high sales, turnover and profit figures for almost 40 years. An important part of the recipe for success was to pass innovations from the upper class to… Continue reading German Manager Magazin: Mercedes-Benz: Why Daimler’s C-Class is not becoming a Tesla Fighter000611
German Manager Magazin: Tesla stops Model 3 production for two weeks000611
The lack of chips is affecting the auto industry more and more. Had after Volkswagen in China last also General Motors and ford reported significant problems, it now also appears Tesla to be caught off guard by the scarcity of components. According to one Report from the Bloomberg news agency the electric car manufacturer has… Continue reading German Manager Magazin: Tesla stops Model 3 production for two weeks000611
German Manager Magazin: Volkswagen AG: Profit of billions in Corona year 2020, dividend stable000612
Of the Volkswagen-Group has left the Corona low behind for the time being and also closed the difficult year 2020 with a billion-dollar profit. After the considerable slump due to stagnant sales, plant closings and damaged supply chains in the second quarter, the Wolfsburg-based company managed to turn the meanwhile red numbers into positive territory.… Continue reading German Manager Magazin: Volkswagen AG: Profit of billions in Corona year 2020, dividend stable000612
German Manager Magazin: Porsche SE: VW subsidiary tightens austerity program until 2025000584
The sports car subsidiary Porsche is tightening its savings program. “In the next five years we are now planning a total of around ten billion euros to secure the result. Originally it was six billion euros,” said CEO Oliver Blume of the “Automobilwoche”. “After 2025 it should be three billion euros a year.” Initially, an… Continue reading German Manager Magazin: Porsche SE: VW subsidiary tightens austerity program until 2025000584
German Manager Magazin: Tesla: rival Rivian could build its own factory in Germany000566
Tesla has big plans in Grünheide: But the expansion of the factory, the 500,000 in the future Electric cars deliver each year and at the same time become the world’s largest battery factory, apparently slows down. Insiders speak loudly “Automobile week” of a “massive delay” for both the car and the planned battery plant. Five… Continue reading German Manager Magazin: Tesla: rival Rivian could build its own factory in Germany000566
German Manager Magazin: Volkswagen AG: Main owner Porsche SE before billions in profit due to reasonably good group figures000566
Of the Volkswagen– The main owner Porsche SE expects a net profit of around 2.6 billion euros for the past year. The holding company of the Porsche and Piëch families announced on Friday that, as things stand at present, the group result will likely be in this range. That would be 1.8 billion euros or… Continue reading German Manager Magazin: Volkswagen AG: Main owner Porsche SE before billions in profit due to reasonably good group figures000566
German Manager Magazin: Corona border controls: Auto industry expects factory closings on Monday 000565
The German car industry fears significant delivery problems and plant closings on this Monday due to the controls and corona test obligation at several borders that have been in force since Sunday. Due to the problems to be expected at the border crossings, automobile production will largely come to a standstill from Monday noon, said… Continue reading German Manager Magazin: Corona border controls: Auto industry expects factory closings on Monday 000565
German Manager Magazin: Thyssenkrupp: Share price jump, steel business improved, profit in the first quarter000557
Thyssenkrupp comes thanks to an increasing demand in the Automotive industry and better results in the steel division slowly back on track: In the first quarter of its 2020/21 financial year, the group was operating in the black, as the company announced on Wednesday. Thyssenkrupp raised its forecast for the full year, but the bottom… Continue reading German Manager Magazin: Thyssenkrupp: Share price jump, steel business improved, profit in the first quarter000557