Moves for the first time Meta-Boss Mark Zuckerberg (40) ranked second in the ranking of the richest people in the world. This is the result of the new one “Billionaires Index” the Bloomberg agency, which measures the wealth of the super-rich. Zuckerberg now has assets of $206 billion, largely thanks to the jump in stock… Continue reading German Manager Magazine: Mark Zuckerberg: Meta boss is second richest person in the world for the first time003618
Author: Manager Magazin (German)
German Manager Magazine: Tesla wants to sell $783 million in debt003615
Tesla is considering selling $783 million in bonds. The papers are said to be secured by car leasing contracts from premium borrowers, reports Bloomberg . The electric car maker’s move is one example of many in which automakers sell debt securities backed by claims. Companies can obtain additional liquid funds with so-called asset-backed securities (ABS).… Continue reading German Manager Magazine: Tesla wants to sell $783 million in debt003615
German Manager Magazine: Tariffs: EU states pave the way for punitive tariffs on China’s electric cars003616
The EU can impose additional tariffs on electric cars China raise. The EU Commission says it has the necessary support from member states to impose the planned punitive tariffs on electric cars from China. The Brussels authority announced this on Friday after the decisive vote. A sufficient majority of EU states have not spoken out… Continue reading German Manager Magazine: Tariffs: EU states pave the way for punitive tariffs on China’s electric cars003616
German Manager Magazine: Electric cars from China: The most important questions and answers about the dispute over EU punitive tariffs003615
Background to the vote by the EU states on the introduction of countervailing duties for Electric cars out of China is that, from Brussels’ perspective, Beijing supports cars manufactured in the People’s Republic with high subsidies that distort competition. The concern: European manufacturers and suppliers could fall under the wheels, but German car manufacturers and… Continue reading German Manager Magazine: Electric cars from China: The most important questions and answers about the dispute over EU punitive tariffs003615
German Manager Magazine: Hall of Fame 2024: Which role models the German economy needs now003614
Pioneers, supporters, free spirits What role models the German economy needs now Economic Germany must reflect on its virtues: pioneering spirit, will to succeed, operational excellence and the ability to integrate. The personalities that manager magazin honors every year in the German Business Hall of Fame embody all of this – they are role models.… Continue reading German Manager Magazine: Hall of Fame 2024: Which role models the German economy needs now003614
German Manager Magazine: Recaro: Car seat manufacturer from Swabia shortly before closure003612
According to information from the “Stuttgarter Nachrichten” and “Stuttgarter Zeitung”, the traditional car seat manufacturer Recaro Automotive will be wound up and production will be closed permanently. This was announced by a spokesman for the insolvency administrator in Kirchheim/Teck (Esslingen district). There are discussions with an investor. But he has no interest in maintaining production.… Continue reading German Manager Magazine: Recaro: Car seat manufacturer from Swabia shortly before closure003612
German Manager Magazine: BMW and VW on China tariffs: Car manufacturers demand resistance to EU punitive tariffs003612
In the dispute over EU punitive tariffs on electric cars China the auto industry is putting pressure on the federal government and calling for resistance from Berlin. In the traffic light coalition, the FDP-led finance and transport ministries are pushing for a German no vote in Brussels. Chancellor Olaf Scholz (66, SPD) was also critical… Continue reading German Manager Magazine: BMW and VW on China tariffs: Car manufacturers demand resistance to EU punitive tariffs003612
German Manager Magazine: Ifo Institute: Business climate in the automotive sector has improved slightly003611
The business climate in the German automotive industry improved slightly again in September, but remains deeply negative. The index rose by 1.3 points last month to a value of minus 23 points, as the Munich Ifo Institute announced on Wednesday. Accordingly, companies are less pessimistic about their business expectations, but they assess their current situation… Continue reading German Manager Magazine: Ifo Institute: Business climate in the automotive sector has improved slightly003611
German Manager Magazine: Billionaires: The biggest winners and losers among the 500 richest Germans003610
Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Billionaires: The biggest winners and losers among the 500 richest Germans003610
German Manager Magazine: Tesla: US court dismisses shareholder lawsuit over autopilot promise003608
The US electric car manufacturer Tesla and CEO Elon Musk (53) have won a legal victory regarding statements about autopilot technology. A federal court in San Francisco on Monday dismissed a shareholder lawsuit that accused them of misleading investors with exaggerated statements. Judge Araceli Martinez-Olguin based the decision on the fact that the plaintiffs had… Continue reading German Manager Magazine: Tesla: US court dismisses shareholder lawsuit over autopilot promise003608