The second largest German automotive supplier increased sales and EBIT and reduced debt in a difficult environment. A savings program is intended to reduce the interest burden – and enable investments. Go to Source
Category: German Press
German Handelsblatt: Auto industry: BMW achieves highest operating profit in company history008738
CEO Oliver Zipse is significantly increasing investments. The people of Munich are more cautious for the current year – a market is developing more difficult than expected. Go to Source
German Handelsblatt: Auto supplier: ZF wants to invest heavily in Germany – but only with falling costs008737
The second largest German automotive supplier increased sales and EBIT and reduced debt in a difficult environment. A savings program is intended to reduce the interest burden – and enable investments. Go to Source
First location in Munich: Autohaus Reisacher expands business with BYD
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German Handelsblatt: Volkswagen Group: Will the Ibiza soon be electric? Seat works council demands own 20,000 euro car008736
The decision on Volkswagen’s low-cost electric car is likely to be made soon. In Spain, employee representatives do not want to come away empty-handed under any circumstances. Go to Source
German Manager Magazine: Tesla Grünheide: IG Metall wins works council election in Gigafactory003191
In the electric car factory of Tesla In Grünheide near Berlin, employees elected a new works council. The choice in the only European car factory Elon Musk ended on Wednesday and began on Monday. As the IG Metall Berlin-Brandenburg-Saxony announced late on Wednesday evening that their union members received around 39.4 percent of the votes… Continue reading German Manager Magazine: Tesla Grünheide: IG Metall wins works council election in Gigafactory003191
German Manager Magazine: Continental and BMW: Dangerous dispute over brake recalls divides Partner003193
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: Continental and BMW: Dangerous dispute over brake recalls divides Partner003193
German Manager Magazine: BMW wants to invest more and sell more electric cars003192
The car manufacturer BMW sold 2.55 million cars last year, generated sales of 155.5 billion euros and a profit before taxes (EBIT) of 18.4 billion euros, as the group showed in its report on Thursday . It is the highest operating result in the car manufacturer’s history. Despite the current market weakness, the car manufacturer… Continue reading German Manager Magazine: BMW wants to invest more and sell more electric cars003192
German Manager Magazine: Mercedes-Benz: Why Ola Källenius is heading back into the combustion engine world003191
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: Mercedes-Benz: Why Ola Källenius is heading back into the combustion engine world003191
German Manager Magazine: Porsche SE: VW parent company reduces debts by one billion euros003192
The VW umbrella company Porsche SE (PSE) has reduced the mountain of debt it accumulated through the Porsche IPO by around one billion euros. While net debt was still 6.7 billion euros at the end of 2022, it was 5.7 billion euros at the end of last year, as the DAX group announced on Thursday… Continue reading German Manager Magazine: Porsche SE: VW parent company reduces debts by one billion euros003192