Sharply falling sales in China and burdens from the US import tariff, along with special effects, caused Mercedes-Benz’s profits to collapse in the third quarter. From July to September, the adjusted operating profit shrank by 17 percent to 2.1 billion euros, as the car manufacturer announced on Wednesday. Mercedes cited low sales volume and higher… Continue reading German Manager Magazine: Mercedes: Profits collapse, shareholders rejoice004518
Category: German Press
German Handelsblatt: Car manufacturer: Mercedes’ net profit collapses by 50 percent011722
The car manufacturer earned significantly less money in the first nine months. This is due to problems in the USA and China. But also because of a special effect. Go to Source
German Handelsblatt: Car manufacturer: Mercedes’ net profit collapses by 50 percent011722
The car manufacturer earned significantly less money in the first nine months. This is due to problems in the USA and China. But also because of a special effect. Go to Source
German Handelsblatt: Comment: Fear for their legacy – The rearguard action of the Porsche dynasty011721
The billion-dollar disaster at Porsche is a revelation – not only for CEO Oliver Blume, but also for the owner family. There are old problems behind the loss-making business. Go to Source
German Handelsblatt: Car manufacturer: Mercedes’ net profit collapses by 50 percent011717
The car manufacturer earned significantly less money in the first nine months. On the one hand, this is due to problems in China and, on the other hand, due to special effects. Go to Source
German Handelsblatt: Car manufacturer: Mercedes’ net profit collapses by 50 percent011717
The car manufacturer earned significantly less money in the first nine months. On the one hand, this is due to problems in China and, on the other hand, due to special effects. Go to Source
German Handelsblatt: Economic downturn: new setback for Mercedes: profit collapses011718
Tariffs, slumping sales, job cuts: Why Mercedes has to tighten its belt despite billions in sales – and what’s behind the numbers. Go to Source
German Handelsblatt: Car manufacturer: Mercedes’ net profit collapses by 50 percent011717
The car manufacturer earned significantly less money in the first nine months. On the one hand, this is due to problems in China and, on the other hand, due to special effects. Go to Source
German FAZ: No more trips on the legendary Opel test track010149 for the time being
The search for a new investor for the Opel partner Segula’s test facilities has failed. The operation of the engine and vehicle test benches in Rüsselsheim and also the test track in Rodgau-Dudenhofen, which was opened by Opel in 1966, will be stopped on Friday, Segula Germany boss Holger Jené told the F.A.Z. on Monday… Continue reading German FAZ: No more trips on the legendary Opel test track010149 for the time being
German FAZ: Over for Segula’s test business010148
The Opel partner Segula will stop operating the test facilities in Rüsselsheim and Rodgau-Dudenhofen, which currently employ around 330 people, on October 31st. Segula Germany boss Holger Jené announced on Monday evening that no investor had been found for the insolvent sub-company Segula Technologies GmbH, in which the test business is bundled. The insolvent testing… Continue reading German FAZ: Over for Segula’s test business010148