The second largest US automakerfordhas increased profit significantly in the third quarter. The bottom line was that the group earned 2.4 billion dollars (2 billion euros) in the three months to the end of September after 400 million in the same period last year. Sales rose 1 percent to $ 37.5 billion, Ford announced on… Continue reading German Manager Magazin: Ford: Pickup hype makes for profit000288
Author: Manager Magazin (German)
German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288
Before the crucial phase of the merger with Fiat Chrysler can he OpelParent companyPPEhave a robust business and full order books. In the third quarter, sales in the auto division rose by 1.2 percent to almost twelve billion euros. One reason is that the French group again sold more profitable vehicles such as SUVs and… Continue reading German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288
German Manager Magazin: Audi: Higher Regional Court confirms squeeze-out, Volkswagen subsidiary leaves stock exchange000289
Volkswagen can as planned the minority shareholdersAudipush out and his daughter from the Stock exchange to take. The Munich Higher Regional Court granted the application to release the squeeze-out, said CFO Arno Antlitz (50) on Friday at a conference call on the quarterly figures. The transfer resolution passed by the general meeting at the end… Continue reading German Manager Magazin: Audi: Higher Regional Court confirms squeeze-out, Volkswagen subsidiary leaves stock exchange000289
German Manager Magazin: Byton: Daniel Kirchert flees, and the Tesla rival will probably become part of FAW000266
At the beginning of January, Daniel Kirchert (47), head of the electrical start-up Byton, turned it up again at the electronics fair CES in Las Vegas. The former BMW manager presented the M-Byte electric SUV in front of a mega-screen, the cockpit with its 48-inch screen also impressed the competitors. Finally there is an alternative… Continue reading German Manager Magazin: Byton: Daniel Kirchert flees, and the Tesla rival will probably become part of FAW000266
German Manager Magazin: Tesla: Elon Musk achieves record sales, share with price jump000265
The US electric car manufacturerTeslahas been in the black for the fifth quarter in a row and has confirmed its ambitious annual targets. In the three months to the end of September, a net profit of 331 million dollars (279 million euros) was achieved, as the group of tech billionaire Elon Musk (49) announced on… Continue reading German Manager Magazin: Tesla: Elon Musk achieves record sales, share with price jump000265
German Manager Magazin: Tesla: Elon Musk joins auto supplier Atw000264
After purchasing the Grohmann company in Prüm in the Eifel region in 2016, the electric car manufacturer takes a stakeTeslaat another Rhineland-Palatinate company. The Californian group got the green light to join the auto supplier ATW based in Neuwied, as a spokesman for the Federal Cartel Office announced to the German press agency. “It’s a… Continue reading German Manager Magazin: Tesla: Elon Musk joins auto supplier Atw000264
German Manager Magazin: Ford Kuga: Recall of plug-in hybrid endangers CO2 fleet target000264
fordthreatens a fine for failing to meet the CO2 targets EU: The overall balance of newly registered Ford cars in Europe could exceed the European Union’s fleet limit this year, according to company information. A delivery stop for the new plug-in hybrid model Kuga “had an impact on our plan to be able to meet… Continue reading German Manager Magazin: Ford Kuga: Recall of plug-in hybrid endangers CO2 fleet target000264
German Manager Magazin: Daimler AG: Ola Källenius sees Tesla as an incentive000264
Daimler-Chef Ola Källenius feels the success of the electric car market leaderTesla spurred on. “Maybe it’s not bad at all when a newcomer stirs up the situation,” he said to manager magazin. The US competitor’s share price in particular shows “the fantasy that lies behind the new mobility. We have to grow, and that also… Continue reading German Manager Magazin: Daimler AG: Ola Källenius sees Tesla as an incentive000264
German Manager Magazin: Deutsche Bahn: Subsidiary Mobimeo buys mobility platform Moovel from Daimler and BMW000266
Next to the almost immoral offer from About for the taxi service FreeNow, which emerged from Mytaxi Daimlerand BMW found another exit from parts of their joint new mobility holding company YourNow. Its subsidiary Moovel will in future concentrate on the direct mobility services business with the “Reach Now” app. The entire division, which develops… Continue reading German Manager Magazin: Deutsche Bahn: Subsidiary Mobimeo buys mobility platform Moovel from Daimler and BMW000266
German Manager Magazin: Ola Källenius from Daimler AG: “We need a cultural change” 000265
The first 17 months as DaimlerBoss could hardly have gone worse for Ola Källenius (51). It issued profit warnings, failed product launches and savings plans, and there were no electric cars. In the interview, the Swede announced, in flawless German, a cultural change – and with it the departure from a course that he himself… Continue reading German Manager Magazin: Ola Källenius from Daimler AG: “We need a cultural change” 000265