German FAZ: The three new ones from Dax007832

As of October 1st, the group of DAX board chairmen welcomed three new members into its ranks. On the same day, two women, Karin Rådström and Bettina Orlopp, and Stephan Leithner took up their new positions, which increased the proportion of women at the top of the DAX from 2.5 to 7.5 percent. There is… Continue reading German FAZ: The three new ones from Dax007832

German FAZ: “The tariffs are the wrong approach”007831

Shortly before the decisive vote in the EU on European punitive tariffs against electric cars from China, possibly this Friday, there is unity in appeals in Germany from the IG Metall union to the CEO of Mercedes, Ola Källenius. Everyone is against the tariffs and warns of a trade conflict with China. “We reject the… Continue reading German FAZ: “The tariffs are the wrong approach”007831

German FAZ: Hopefully it won’t come to that in Germany007833

VW’s threat to close a factory in Germany casts a shadow over a potentially bleak automotive future. In a country like Italy you can study what the decline of a location can look like. Production south of the Alps has been declining for years and now the latest figures have once again alarmed those involved.… Continue reading German FAZ: Hopefully it won’t come to that in Germany007833

German FAZ: USA against China: Who is how strong – and where does Europe stand?007832

Those who lead technologically are not only economically dominant, but usually also politically and militarily. This is noticeable in the relationship between the United States and the People’s Republic of China, which has cooled significantly in recent years. Both countries have large technology companies that operate social networks, search engines or purchasing platforms. Both compete… Continue reading German FAZ: USA against China: Who is how strong – and where does Europe stand?007832

German FAZ: The new customs era007831

The tariffs will apply for five years from October 31st. They are charged in addition to the standard rate of 10 percent. They are intended to compensate for the disadvantages that companies in the EU have because China grants high subsidies to manufacturers in its own country. Customs rates vary depending on the manufacturer and… Continue reading German FAZ: The new customs era007831

German FAZ: St. Brown’s throw into the history book007833

After his coup, Amon-Ra St. Brown felt ready for more. “I’m the third quarterback,” the Detroit Lions football star said confidently, and the wide receiver had every reason to be. St. Brown was the first German to complete a touchdown pass in the NFL – on an unforgettable evening at Ford Field. In the Monday… Continue reading German FAZ: St. Brown’s throw into the history book007833

German FAZ: The Schaefflers’ script007832

There is something to celebrate for Georg Schaeffler and Klaus Rosenfeld. In the time-honored trading hall of the Frankfurt Stock Exchange, the majority owner of the automotive supplier Schaeffler and his CEO will ring the heavy bell on the trading floor on Wednesday, including the obligatory photo of beaming managers in front of the bull… Continue reading German FAZ: The Schaefflers’ script007832

German FAZ: Volkswagen and General Motors continue to fall behind in competition007831

Over-the-air updates, AI assistants, autonomous driving or sophisticated infotainment: digital functions are now more important as a selling point for cars than horsepower and brand image. In the new comparison of digital performance, behind the series winner Tesla it is mainly Chinese manufacturers such as Xpeng and BYD as well as the American providers Rivian… Continue reading German FAZ: Volkswagen and General Motors continue to fall behind in competition007831

German Manager Magazine: E-car: Industry association cuts sales forecast for the current year003618

Due to weak demand for electric cars, the industry is further reducing its forecast for 2024. Annual sales of only 372,000 purely battery-powered cars are expected, 29 percent less than in the previous year, as the Association of the Automotive Industry (VDA) with President Hildegard Müller (57) announced. The industry association had previously assumed a… Continue reading German Manager Magazine: E-car: Industry association cuts sales forecast for the current year003618

German Manager Magazine: Mark Zuckerberg: Meta boss is second richest person in the world for the first time003618

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