Category: German Press

German Manager Magazin: Automaker Evergrande: share collapses by more than half002634

The Chinese electric car manufacturer Evergrande, a subsidiary of the real estate group of the same name, returned to the Hong Kong stock exchange on Friday after more than 15 months. The share price fell by more than 60 percent by the close of trading. The stock exchange suspended trading in April 2022 because Evergrande… Continue reading German Manager Magazin: Automaker Evergrande: share collapses by more than half002634

German Manager Magazin: Audi: carmaker sells more cars and earns less002634

Although Audi sold significantly more cars in the first half of the year, profits fell. Sales climbed by 14.4 percent to 34.2 billion euros, but the bottom line was a profit of 3.3 billion euros, which had fallen by a good quarter, the Ingolstadt-based VW subsidiary announced on Friday. Among other things, strongly negative effects… Continue reading German Manager Magazin: Audi: carmaker sells more cars and earns less002634

German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007373

For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007373

German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007373

For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007373

German Manager Magazin: Auto supplier Brose: Third change of boss within five years002631

For the third time in five years, the Franconian auto parts supplier Brose a new boss. As of September 1, Philipp Schramm is to take over the management of the manufacturer of vehicle doors and seats on an interim basis, as announced by Brose in Coburg. The 43-year-old, who came from the automotive supplier Webasto… Continue reading German Manager Magazin: Auto supplier Brose: Third change of boss within five years002631

German Manager Magazine: Martin Winterkorn: Where the ex-Volkswagen boss is still involved002632

Restore iTunes subscription manager+ is processed via your iTunes account and paid for with 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 the subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Martin Winterkorn: Where the ex-Volkswagen boss is still involved002632

German Manager Magazin: Saudi Arabia: How an autocrat from the Gulf is stirring up the global economy002631

Restore iTunes subscription manager+ is processed via your iTunes account and paid for with 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 the subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Saudi Arabia: How an autocrat from the Gulf is stirring up the global economy002631

German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007371

For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007371