in theVW group has the sales slump caused by the Corona crisis somewhat weakened in June. As the company announced on Friday, worldwide deliveries decreased by 17.5 percent year-on-year to around 804,000 vehicles. This corresponds to a stabilization compared to May, when the minus was still around a third (33.7 percent). For the entire first… Continue reading Volkswagen AG: Slump in sales stopped in June
Category: German Press
Corona crisis in the car industry: Daimler’s savings program is having an effect, Q2 loss less than expected
The car makerDaimlerhas in the second quarter Corona crisis not as badly fared as feared despite an operating loss of billions. The loss before interest and taxes was 1.68 billion euros, as the Dax company announced on Thursday evening after the market closed on the basis of preliminary figures in Stuttgart. That was only slightly… Continue reading Corona crisis in the car industry: Daimler’s savings program is having an effect, Q2 loss less than expected
Car maker: Investors praise Daimler CEO: “Källenius ends his predecessor’s dreams”
Ola Källenius The new mantra of the Daimler CEO is “Margin comes before quantity”. (Photo: dpa) Munich The carmaker has been fighting for two and a half years Daimler with steadily falling profits. The crisis of the Dax group is far from over. As a result of the corona crisis, the Mercedes manufacturer even reported… Continue reading Car maker: Investors praise Daimler CEO: “Källenius ends his predecessor’s dreams”
Social trading model depot: Daimler is a turnaround candidate
The Social Trading Depot: Alexander Kovalenko, Bavarian Fortune Heard on Friday the Daimler share to the biggest daily winners in the Dax. The trigger for the price jump was the announcement that the group wanted to save about two billion euros in personnel costs. Such measures can be seen from two sides. The fact is,… Continue reading Social trading model depot: Daimler is a turnaround candidate
Restructuring with obstacles: Daimler wants to save two billion in personnel – How the group should get back on track
Daimler boss Ola Källenius The manager sees the future of the group in the luxury sector. (Photo: Smetek) Champagne, diamond rings and cases made of precious leather – luxury products are particularly important at Daimler. When CEO Ola Källenius speaks to top managers about the future of the car company these days, the name keeps… Continue reading Restructuring with obstacles: Daimler wants to save two billion in personnel – How the group should get back on track
Car maker: Daimler’s quarterly loss is lower than expected
Mercedes Star Daimler’s loss in the second quarter was lower than expected. (Photo: Reuters) Stuttgart The Car maker Daimler In the second quarter, it performed better on some indicators than it expected from experts. Earnings before interest and taxes (EBIT) across the group were minus 1.68 billion euros. Adjusted EBIT therefore came to minus 708… Continue reading Car maker: Daimler’s quarterly loss is lower than expected
Diesel scandal: Ex-VW manager Schmidt agrees to deliver to Germany
VW logo The United States has indicted a number of former Volkswagen employees in the diesel scandal. (Photo: dpa) Detroit in the process of extradition because of his role in the diesel scandal in the United States convicted and detained Ex-Volkswagen manager Oliver Schmidt to Germany comes movement. Schmidt gave his consent at a court… Continue reading Diesel scandal: Ex-VW manager Schmidt agrees to deliver to Germany
Car maker: Restructuring with obstacles: How Daimler boss Källenius wants to get the group on track
Daimler boss Ola Källenius The manager sees the future of the group in the luxury sector. (Photo: Smetek) Champagne, diamond rings and cases made of precious leather – luxury products are particularly important at Daimler. When CEO Ola Källenius speaks to top managers about the future of the car company these days, the name keeps… Continue reading Car maker: Restructuring with obstacles: How Daimler boss Källenius wants to get the group on track
Interview with Ola Källenius: Daimler boss focuses Mercedes on luxury cars again
Ola Källenius In office since May 2019 – but only now is he tightening the austerity course. (Photo: Verena Müller / laif) Munich, Frankfurt In the middle of the corona crisis sharpens Daimler-Boss Ola Källenius his Strategy and trims the automaker for return. “We want to go back to our core as a manufacturer of… Continue reading Interview with Ola Källenius: Daimler boss focuses Mercedes on luxury cars again
Volkswagen: Dirk Hilgenberg becomes software director
Volkswagen once again expands the power of its new top manager Markus Duesmann (51). The Volkswagen development board and Audi boss will in future also be responsible for the increasingly important software development throughout the group, as Europe’s largest car maker announced on Wednesday. Under Duesmann, the previous BMW manager Dirk Hilgenberg takes over from… Continue reading Volkswagen: Dirk Hilgenberg becomes software director