US President Joe Biden (82) is setting up new hurdles for Chinese cars in the last few meters of his term in office. According to new rules, the… USA Connected vehicles from manufacturers under Chinese or Russian control will no longer be allowed to be sold. The ban should apply from the 2027 model year.… Continue reading German Manager Magazine: USA vs China: Joe Biden bans connected cars from Chinese manufacturers003897
Author: Manager Magazin (German)
German Manager Magazine: Webasto: Automotive supplier brings renovators onto the board for restructuring003896
The automotive supplier Webasto has found itself in such a difficult situation that an external reorganizer has to lead the reorganization. Management consultant Johann Stohner will be appointed to the board as Chief Restructuring Officer, Webasto announced. By the beginning of the second quarter, the enlarged board of directors wants to work out measures together… Continue reading German Manager Magazine: Webasto: Automotive supplier brings renovators onto the board for restructuring003896
German Manager Magazine: Volkswagen with declining sales – business in China is giving way003895
The Volkswagen-Group has experienced tough competition in the past year China fewer vehicles sold than in the previous year. The group delivered 9.03 million vehicles of all group brands to customers worldwide, which was 2.3 percent less than in the previous year, as the Wolfsburg-based company announced on Tuesday. The self-imposed target of nine million… Continue reading German Manager Magazine: Volkswagen with declining sales – business in China is giving way003895
German Manager Magazine: Daimler Truck: Amazon orders 200 eActros 600003891 electric trucks
Prestige success for Daimler trucks: The US company Amazon orders 200 heavy electric trucks for its European freight transport from the German car manufacturer’s truck subsidiary. The Mercedes-Benz eActros 600 vehicles are to be integrated into the online retailer’s network this year, as Amazon announced in Munich. Accordingly, over 140 in Great Britain drive, in… Continue reading German Manager Magazine: Daimler Truck: Amazon orders 200 eActros 600003891 electric trucks
German Manager Magazine: TikTok Sale: China is reportedly considering selling TikTok’s US business to Elon Musk003892
According to one person in the Chinese government Bloomberg report a sale of the threatened US business TikTok to tech billionaire Elon Musk (53) considered. The option was discussed in Beijing that Musk’s online platform X could take control of TikTok US and operate the services together, wrote the Bloomberg news agency, citing people familiar… Continue reading German Manager Magazine: TikTok Sale: China is reportedly considering selling TikTok’s US business to Elon Musk003892
German Manager Magazine: Tesla shares: Europe’s largest pension fund throws Tesla out of its portfolio003891
Europe’s largest pension fund ABP from the Netherlands has its entire stake in Tesla sold – this involved 2.8 million shares worth 571 million euros. The reason for the step, which took place in September last year, was a debate about a billion-dollar salary package for Tesla’s boss Elon Musk (53), as the Dutch newspapers… Continue reading German Manager Magazine: Tesla shares: Europe’s largest pension fund throws Tesla out of its portfolio003891
German Manager Magazine: Audi continues to fall behind BMW and Mercedes when it comes to premium cars003891
In the three-way battle between the major German premium manufacturers Audi 2024 the big loser. Although they also suffered BMW and Mercedes Benz under weak demand China and in the home market Germany, but things were also going badly for Audi in the other areas, while the two arch-rivals did much better there in some… Continue reading German Manager Magazine: Audi continues to fall behind BMW and Mercedes when it comes to premium cars003891
German Manager Magazine: Tesla: Europe’s largest pension fund throws Tesla out of the depot003889
Europe’s largest pension fund ABP from the Netherlands has its entire stake in Tesla sold – this involved 2.8 million shares worth 571 million euros. The reason for the step, which took place in September last year, was a debate about a billion-dollar salary package for Tesla’s boss Elon Musk (53), as the Dutch newspapers… Continue reading German Manager Magazine: Tesla: Europe’s largest pension fund throws Tesla out of the depot003889
German Manager Magazine: Audi: BMW and Mercedes continue to pull away003889
In the three-way battle between the major German premium manufacturers Audi 2024 the big loser. Although they also suffered BMW and Mercedes Benz under weak demand China and in the home market Germany, but things were also going badly for Audi in the other areas, while the two arch-rivals did much better there in some… Continue reading German Manager Magazine: Audi: BMW and Mercedes continue to pull away003889
German Manager Magazine: Porsche: Sales in China collapsed by 28 percent in 2024003888
The sports car manufacturer Porsche AG sold fewer cars last year than the previous year. Worldwide deliveries fell by 3 percent to around 310,700 vehicles, as the company in Stuttgart, which is majority owned by the VW Group, announced. Porsche grew in four out of five regions of the world, including Germany. Only in China… Continue reading German Manager Magazine: Porsche: Sales in China collapsed by 28 percent in 2024003888