German Manager Magazine: Elon Musk: Tesla stops production in Grünheide due to Houthi attacks in the Red Sea003021

The electric car manufacturer Tesla has to largely stop production in Grünheide near Berlin for around two weeks due to attacks on ships by the Yemeni Houthi rebels in the Red Sea. As transport routes are shifting, a gap has arisen in the supply chains, as Tesla announced on Thursday. “Due to missing components, we… Continue reading German Manager Magazine: Elon Musk: Tesla stops production in Grünheide due to Houthi attacks in the Red Sea003021

German Manager Magazine: Porsche: Sales increased in 2023, China business wobbles003021

The car manufacturer Porsche sold slightly more sports and off-road vehicles last year. 320,221 vehicles were delivered worldwide in the past twelve months. That was 3.3 percent more than in 2022, as the DAX group announced on Friday in Stuttgart. Sales therefore grew in almost all regions of the world – although they collapsed in… Continue reading German Manager Magazine: Porsche: Sales increased in 2023, China business wobbles003021

German Manager Magazine: Hertz is selling a third of its electric car fleet – and buying combustion engines003018 for it

The car rental company Hertz wants to sell a third of its global electric car fleet – and use some of the proceeds to buy combustion engines. Hertz announced on Thursday that they wanted to adapt the supply to demand. 20,000 electric vehicles from various manufacturers will be sold in the country over the course… Continue reading German Manager Magazine: Hertz is selling a third of its electric car fleet – and buying combustion engines003018 for it

German Manager Magazine: Mercedes-Benz is not moving anywhere003018

A decline in sales in the fourth quarter has affected the car manufacturer Mercedes Benz spoiled the annual balance sheet. In total, the group sold 2.04 million cars in its car division last year, as it announced on Thursday. That was about the same as a year before. The Stuttgart-based company sold 514,000 cars in… Continue reading German Manager Magazine: Mercedes-Benz is not moving anywhere003018

German Manager Magazine: Daimler Truck: Eva Scherer is the new CFO003018

The truck builder Daimler trucks has found a new head of finance: Eva Scherer will succeed Jochen Goetz, who died last year, on April 1st. Scherer was most recently Head of Investor Relations at Siemens, where she began her professional career as a trainee in 2003. Member of the “Young Global Leader” elite circle In… Continue reading German Manager Magazine: Daimler Truck: Eva Scherer is the new CFO003018