The car manufacturer wants to equip its Chinese locations with 2.5 billion. The money will primarily flow into the Dadong plant, where the electric cars of the “Neue Klasse” model family are built. Go to Source
Category: German Press
German Manager Magazine: Porsche: Profit collapses in the first quarter due to high costs003285
The car manufacturer has high upfront costs for new models and weak sales Porsche with CEO Oliver Blume (55) brought a decline in profits in the first quarter. From January to March, the operating result fell by 30 percent to 1.28 billion euros, as Porsche announced on Friday. According to data from LSEG, analysts had… Continue reading German Manager Magazine: Porsche: Profit collapses in the first quarter due to high costs003285
German Manager Magazine: Autopilot system: US supervisory authority examines Tesla recall after further accidents003285
The US regulator takes the latest one Tesla-Recall under the microscope. The question is whether installing new safety measures for the autopilot in two million Tesla cars is sufficient. which the company announced in December. The NHTSA agency said on Friday that there were concerns after accidents occurred with the upgraded vehicles with the update.… Continue reading German Manager Magazine: Autopilot system: US supervisory authority examines Tesla recall after further accidents003285
German Handelsblatt: Car manufacturer: BMW invests billions in Chinese factory008897
The car manufacturer wants to equip its Chinese locations with 2.5 billion. The money will primarily flow into the Dadong plant, where the electric cars of the “Neue Klasse” model family are built. Go to Source
German Handelsblatt: Car manufacturer: Minus 30 percent: Porsche makes significantly less profit008895
The sports car manufacturer is selling fewer cars and investing heavily in new models. This is reflected in weaker numbers. However, analysts expect growth at the end of the year. Go to Source
German Handelsblatt: Auto China: The China fiasco of VW, BMW and Mercedes explained in four graphics008894
The registration and production figures for the Chinese market reveal how bad the German manufacturers are doing. How can corporations survive in China? Go to Source
German Handelsblatt: Continental: “I won’t disembark if the ship is at sea” – Reitzle remains Conti’s supervisory board chairman008893
The long-time chairman of the supervisory board wants to oversee the restructuring of the car business. His mandate will be extended by two years. But shareholder approval is poor. Go to Source
German Handelsblatt: Car manufacturer: Minus 30 percent: Porsche makes significantly less profit008893
The sports car manufacturer is selling fewer cars and investing heavily in new models. This is reflected in weaker numbers. However, analysts expect growth at the end of the year. Go to Source
German Handelsblatt: Auto China: The China fiasco of VW, BMW and Mercedes explained in four graphics008892
The registration and production figures for the Chinese market reveal how bad the German manufacturers are doing. How can corporations survive in China? Go to Source
German Handelsblatt: Continental: “I won’t disembark if the ship is at sea” – Reitzle extended as chairman of the supervisory board008891
The long-time chairman of the supervisory board wants to oversee the restructuring of the car business. His mandate will be extended by two years. But shareholder approval is poor. Go to Source