In industry, profits, jobs and prospects are disappearing. Nevertheless, the topic hardly reaches a broader public. This is due to politics – but also to the companies themselves. Go to Source
Category: German Press
German Handelsblatt: Volkswagen: Minus 1.3 billion euros – VW earnings collapse011732
CEO Blume writes his first red quarterly figures. Management is also concerned about a gap in financial planning for the coming year. Go to Source
German Handelsblatt: Comment: Mercedes and Bosch should be wake-up calls – why no one hears them011731
In industry, profits, jobs and prospects are disappearing. Nevertheless, the topic hardly reaches a broader public. This is due to politics – but also to the companies themselves. Go to Source
German Handelsblatt: Contract negotiations: Workers at Volkswagen’s US plant ready for strike011730
Only last year, VW workers at the US Chattanooga plant decided to organize a union. Now they gave the green light for possible work stoppages. Go to Source
German Handelsblatt: Auto industry: VW takes stock of the third quarter – Porsche charged011729
The VW core brand is benefiting from the austerity program, while Porsche is making high losses. How are electric cars and other brands doing in the current quarterly balance sheet? Go to Source
German Handelsblatt: Media report: Porsche SE is apparently considering joining the Volkswagen engine subsidiary Everllence011728
The sale process for Everllence could begin at the beginning of next year. The company produces, among other things, diesel engines for ships and generators for power plants. Go to Source
German FAZ: Profit slump at Mercedes010152
Mercedes-Benz’s profits fell by half in the first nine months. The Stuttgart-based car manufacturer announced that consolidated earnings fell by 50.3 percent from 7.80 billion euros to 3.87 billion euros compared to the same period last year. The Swabians cited customs duties, lower sales figures and expenses for efficiency measures as reasons for this. CEO… Continue reading German FAZ: Profit slump at Mercedes010152
German FAZ: The battle for the dashboard010151
General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151
German FAZ: The battle for the dashboard010151
General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151
German FAZ: The battle for the dashboard010151
General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151