The shares of Schaeffler were noticed on Tuesday morning with a price drop of up to 5 percent to 5.36 euros. This means that the shares of the automotive supplier and industrial group gave up around two thirds of a five-day recovery and also dragged down the shares of the merger partner Vitesco. The day… Continue reading German Manager Magazine: Schaeffler: Share gives up profits again, skepticism before quarterly report003423
Author: Manager Magazin (German)
German Manager Magazine: Porsche: Car manufacturer sells fewer cars in the first half of the year, sales slump in China003423
Porsche in the first half of the year, among other things, due to a weakening China-Business sold fewer sports and off-road vehicles. From January to June, 155,945 vehicles were delivered worldwide, as the Stuttgart carmaker announced. That was 6.8 percent less than in the same period last year. The renewal of several models also contributed… Continue reading German Manager Magazine: Porsche: Car manufacturer sells fewer cars in the first half of the year, sales slump in China003423
German Manager Magazine: These are the 100 largest family businesses in Germany003422
Despite the economic downturn, war in the Ukraine and high energy prices, the 100 largest family-controlled companies in Germany achieved combined sales of 1.6 trillion euros in 2023. That is around 100 billion euros or around 6 percent more than a year before. The sales figures of the largest German family business are at record… Continue reading German Manager Magazine: These are the 100 largest family businesses in Germany003422
German Manager Magazine: E-car: Operating costs for electric cars are lower than for gasoline cars, according to Verivox003421
The operating costs for Electric cars According to calculations by the Verivox portal, in the first half of the year they were significantly lower than those of cars with a combustion engine. As the newspapers of the Funke media group reported on Sunday, the average energy costs for electric cars were 48 percent lower compared… Continue reading German Manager Magazine: E-car: Operating costs for electric cars are lower than for gasoline cars, according to Verivox003421
German Manager Magazine: Volkswagen truck subsidiary: Traton inspects battery factory in Salzgitter003420
The VW truck subsidiary Traton is examining the construction of another battery factory for electric trucks for its MAN and Scania brands. Possible locations include Salzgitter and Krakow Poland or Zwolle in the Netherlands is being considered, a MAN spokesman told the German Press Agency. The considerations are still in an early phase. The decision… Continue reading German Manager Magazine: Volkswagen truck subsidiary: Traton inspects battery factory in Salzgitter003420
German Manager Magazine: Northvolt: Danger for the German electrical paradise on the coast003418
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: Northvolt: Danger for the German electrical paradise on the coast003418
German Manager Magazine: Google subsidiary: How robotaxi provider Waymo is establishing autonomous driving in city centers003418
Anyone who gets into a Waymo driverless robotaxi in San Francisco is first greeted by name by their car (“Hello Jonas”) and immediately warned: Please fasten your seat belt, touching the steering wheel is forbidden, pedals are taboo. It operates 250 robotaxis Google-Subsidiary Waymo in San Francisco, which moves confidently through the busy city center… Continue reading German Manager Magazine: Google subsidiary: How robotaxi provider Waymo is establishing autonomous driving in city centers003418
German Manager Magazine: Tesla: State of Brandenburg approves expansion of factory in Grünheide003416
The US electric car manufacturer Tesla is allowed to expand its only car factory in Europe to increase production capacity. According to the Ministry of the Environment, the Brandenburg State Office for the Environment gave the green light. This means that Tesla can begin early with the first construction work in Grünheide near Berlin. This… Continue reading German Manager Magazine: Tesla: State of Brandenburg approves expansion of factory in Grünheide003416
German Manager Magazine: General Motors: Car manufacturer pays $146 million fine in a settlement due to incorrect emissions values003416
General Motors must pay almost $146 million (135 million euros) in fines to the US government. This is due to the company’s 5.9 million older vehicles not meeting emissions and fuel economy standards. The trigger for the comparison was an investigation commissioned by the US government. This was made known by the National Highway Traffic… Continue reading German Manager Magazine: General Motors: Car manufacturer pays $146 million fine in a settlement due to incorrect emissions values003416
German Manager Magazine: BY, Geely, SAIC: EU introduces temporary punitive tariffs on electric cars from China003414
The provisional tariffs are the result of an investigation by the EU Commission. This showed that the entire value chain for electric cars in China is heavily subsidized and that imports of Chinese electric cars pose a clearly foreseeable and imminent threat of damage to the industry in the EU. According to Commission data, Chinese… Continue reading German Manager Magazine: BY, Geely, SAIC: EU introduces temporary punitive tariffs on electric cars from China003414