Because a new plant in Kassel continues to cause trouble, electric car production is stalling. A brand is now building more combustion engines again. Go to Source
Category: German Press
German Manager Magazine: Mercedes-Benz: Why Ola Källenius is selling all car dealerships003058
How do you as a car brand best maintain close contact with your customers? Mercedes-Benz boss Ola Källenius (54) has decided: This requires our own car dealerships Germany no longer. That’s why he’s putting his remaining 60 branches up for sale. The sales houses are supposed to take over specialized retail chains. Källenius expects more… Continue reading German Manager Magazine: Mercedes-Benz: Why Ola Källenius is selling all car dealerships003058
German Manager Magazine: Electromobility: Tesla competitor BYD is building the first electric plant outside of Asia in Brazil003058
The Chinese automobile manufacturer BYD will be its first electric car factory outside of Asia in Brazil build. A total of three billion reais (around 563 million euros) will be invested in this, Brazilian President Luiz Inácio Lula da Silva (78) announced on the X platform, formerly Twitter, on Wednesday evening (local time). This could… Continue reading German Manager Magazine: Electromobility: Tesla competitor BYD is building the first electric plant outside of Asia in Brazil003058
German Handelsblatt: Auto industry: Lack of electric motors is putting a strain on VW – two locations are cutting back on production008376
Because a new plant in Kassel continues to cause trouble, electric car production is stalling. A brand is now building more combustion engines again. Go to Source
German Handelsblatt: Wirecard, VW and Co.: Better model procedures? Experts are massively critical of the policy project008375
The Federal Ministry of Justice wants to accelerate class action lawsuits by capital market investors. However, what sounds like efficiency and freedom could lead to investigation becoming more difficult and forcing individual lawsuits. Go to Source
German Manager Magazine: Hyundai: Car maker increases profits by 54 percent last year003056
The South Korean car manufacturer Hyundai has posted a sharp rise in profits last year thanks to growing popularity of its more expensive models. The surplus increased by 54 percent year-on-year to 12.27 trillion won (around 8.4 billion euros) in 2023, South Korea’s industry leader announced on Thursday. In the final quarter, the surplus reportedly… Continue reading German Manager Magazine: Hyundai: Car maker increases profits by 54 percent last year003056
German Manager Magazine: Daimler Truck wants to use Masdar to provide green hydrogen from the desert in Europe003056
The truck builder Daimler trucks wants to promote the export of clean hydrogen to Europe together with the green electricity producer Masdar from Abu Dhabi. The Dax group signed a letter of intent with Masdar on Thursday to examine the feasibility of exporting liquid hydrogen from the United Arab Emirates to Europe. “We want to… Continue reading German Manager Magazine: Daimler Truck wants to use Masdar to provide green hydrogen from the desert in Europe003056
German Handelsblatt: Electromobility: Tesla’s realignment as a mass manufacturer hits Volkswagen hard008374
For the first time, Tesla is struggling with weak demand. A new mass model is set to change that in 2025 – with significant implications for the German manufacturer. Go to Source
BMW trade: Procar reaches out to the Hans Brandenburg car dealership
Go to Source
German Handelsblatt: Electromobility: Tesla’s realignment as a mass manufacturer hits Volkswagen hard008373
For the first time, Tesla is struggling with weak demand. A new mass model is set to change that in 2025 – with significant implications for the German manufacturer. Go to Source