Category: German Press

German Handelsblatt: Auto industry: Volkswagen increases in-house production – suppliers are alarmed006505

Die Ankündigung des VW-Konzerns ab 2025 große Teile des elektrischen Antriebsstrangs selbst zu bauen, sorgt für Spannungen in der Branche. Betroffen sind die großen deutschen Autozulieferer, die nun um Aufträge fürchten. Die Betriebsräte von Bosch, ZF, Mahle und Vitesco schlagen bereits Alarm. Ende März wollen sich die Arbeitnehmervertreter der großen Zulieferer nach Informationen des Handelsblatts… Continue reading German Handelsblatt: Auto industry: Volkswagen increases in-house production – suppliers are alarmed006505

German Handelsblatt: Auto industry: Volkswagen increases in-house production – suppliers are alarmed006505

Die Ankündigung des VW-Konzerns ab 2025 große Teile des elektrischen Antriebsstrangs selbst zu bauen, sorgt für Spannungen in der Branche. Betroffen sind die großen deutschen Autozulieferer, die nun um Aufträge fürchten. Die Betriebsräte von Bosch, ZF, Mahle und Vitesco schlagen bereits Alarm. Ende März wollen sich die Arbeitnehmervertreter der großen Zulieferer nach Informationen des Handelsblatts… Continue reading German Handelsblatt: Auto industry: Volkswagen increases in-house production – suppliers are alarmed006505

German Handelsblatt: Auto industry: BMW raises return targets for 2023 – share increases slightly006504

BMW i7 Elektroautos sollen bei BMW künftig immer wichtiger werden. (Foto: IMAGO/TT) Nach einem Rekordgewinn von 18,6 Milliarden Euro im Vorjahr stellt BMW seinen Aktionären für 2023 eine Umsatzrendite von acht bis zehn Prozent in Aussicht. Das entspricht einer leichten Erhöhung des angepeilten Margenkorridors im Vergleich zu den Vorjahren, in denen der Autobauer aus München stets… Continue reading German Handelsblatt: Auto industry: BMW raises return targets for 2023 – share increases slightly006504

German Handelsblatt: Car manufacturer: Volkswagen significantly lowers return forecast for 2023006503

Volkswagen factory in Zwickau Last year, VW was able to increase sales by almost 9 percent. (Photo: imago images/Eibner) The Volkswagen brand is lowering its forecast due to the uncertain economy and rising costs. Instead of the previously forecast six percent, the Executive Board is now assuming an operating return before special items of “more… Continue reading German Handelsblatt: Car manufacturer: Volkswagen significantly lowers return forecast for 2023006503

German Manager Magazin: BMW: Oliver Zipse earned more than 10 million euros in 2022002371

The Munich car manufacturer bmw relies on electric cars and luxury cars and is preparing for growth for the current year. Sales should increase slightly overall, prices should remain stable, BMW announced on Wednesday. A significantly higher demand for electric cars was already noticeable in the first two months, especially in China it went up… Continue reading German Manager Magazin: BMW: Oliver Zipse earned more than 10 million euros in 2022002371

German Manager Magazin: Dax with price slide, BMW share in demand, Deutsche Bank in the red on the stock exchange002370

After the recent strong price recovery, the most important indices on the German stock market fell back significantly on Wednesday. The dax was last listed almost 2 percent lower at 14,939 points. The day before, the leading German index had made up for part of its high price losses from the start of the week,… Continue reading German Manager Magazin: Dax with price slide, BMW share in demand, Deutsche Bank in the red on the stock exchange002370

German Manager Magazin: Argo AI: The comeback of Bryan Salesky and Peter Rander after their disaster with Volkswagen002370

His startup, Argo AI, was one of the most promising companies trying its hand at robocar technology. Software genius Bryan Salesky (43) was supposed to develop the technology for autonomous driving for two car companies, Volkswagen and ford each took a 40 percent stake in Argo AI. But the car manufacturers lost the billion-euro bet… Continue reading German Manager Magazin: Argo AI: The comeback of Bryan Salesky and Peter Rander after their disaster with Volkswagen002370

German Handelsblatt: Car manufacturer: Volkswagen significantly lowers return forecast for 2023006501

Volkswagen factory in Zwickau Last year, VW was able to increase sales by almost 9 percent. (Photo: imago images/Eibner) The Volkswagen brand is lowering its forecast due to the uncertain economy and rising costs. Instead of the previously forecast six percent, the Executive Board is now assuming an operating return before special items of “more… Continue reading German Handelsblatt: Car manufacturer: Volkswagen significantly lowers return forecast for 2023006501