Category: German Press

German Handelsblatt: Share under the magnifying glass: The rally in Porsche shares could end soon – and other car manufacturers could become more attractive005855

Porsche vehicles The Porsche IPO was the largest in Germany since Deutsche Telekom. The price of Porsche has meanwhile risen from 84 euros to over 112 euros. (Photo: Porsche AG) It took less than ten weeks: On September 29, the sports car manufacturer Porsche AG went public, and on December 5 it was announced that… Continue reading German Handelsblatt: Share under the magnifying glass: The rally in Porsche shares could end soon – and other car manufacturers could become more attractive005855

German Handelsblatt: Auto industry: Blume’s liberation – The VW boss collects the software strategy and reorganizes the group005856

VW boss Oliver Blume Blume replaced Herbert Diess at the top of VW at the beginning of September (Photo: dpa) The CEO of the car manufacturer VW, Oliver Blume, is preparing a reorganization of the company architecture. The core should be a new software strategy that should keep the group fit for the future. Blume… Continue reading German Handelsblatt: Auto industry: Blume’s liberation – The VW boss collects the software strategy and reorganizes the group005856

German Handelsblatt: Share under the magnifying glass: The rally in Porsche shares could end soon – and other car manufacturers could become more attractive005855

Porsche vehicles The Porsche IPO was the largest in Germany since Deutsche Telekom. The price of Porsche has meanwhile risen from 84 euros to over 112 euros. (Photo: Porsche AG) It took less than ten weeks: On September 29, the sports car manufacturer Porsche AG went public, and on December 5 it was announced that… Continue reading German Handelsblatt: Share under the magnifying glass: The rally in Porsche shares could end soon – and other car manufacturers could become more attractive005855

German Handelsblatt: Auto industry: Farewell to the combustion engine: Mercedes will convert the most important engine plants to electric from 2024005852

Battery manufacturing at the Alabama plant Mercedes is gradually converting completely to electric production. (Photo: dpa) The car company Mercedes begins to say goodbye to the internal combustion engine. From 2024, the most important engine plants in Germany, Romania and China are to start mass production of batteries and electric motors. With the new production… Continue reading German Handelsblatt: Auto industry: Farewell to the combustion engine: Mercedes will convert the most important engine plants to electric from 2024005852

German Handelsblatt: Auto industry: Farewell to the combustion engine: Mercedes will convert the most important engine plants to electric from 2024005853

Battery manufacturing at the Alabama plant Mercedes is gradually converting completely to electric production. (Photo: dpa) The car company Mercedes begins to say goodbye to the internal combustion engine. From 2024, the most important engine plants in Germany, Romania and China are to start mass production of batteries and electric motors. With the new production… Continue reading German Handelsblatt: Auto industry: Farewell to the combustion engine: Mercedes will convert the most important engine plants to electric from 2024005853

German Handelsblatt: Automotive supplier: Continental employee uses unauthorized browser – thus enabling the gigantic cyber attack005852

Continental The hackers were able to look around the Dax group’s network undisturbed for a month. (Photo: dpa) A little carelessness has plunged Continental into chaos. Because a single employee downloaded an unauthorized browser from the Internet, cybercriminals were able to “exfiltrate” 40 terabytes of data from the auto parts supplier. That’s what the group’s… Continue reading German Handelsblatt: Automotive supplier: Continental employee uses unauthorized browser – thus enabling the gigantic cyber attack005852

German Manager Magazine: Knorr-Bremse: How Nadia Thiele and Julia Thiele-Schürhoff are fighting over the inheritance of Heinz Hermann Thiele002194

Photo: Dieter Mayr for manager magazin; S.Brauer / BrauerPhotos; allezhopp studio for manager magazine; [M] Thorsten Jochim / VISUM / allezhopp studio for manager magazin; [M] Thorsten Jochim / VISUM, Dieter Mayr for manager magazin, S.Brauer / BrauerPhotos The industrialist Heinz Hermann Thiele left behind the Knorr- Bremse group and enormous fortunes. Since then, a… Continue reading German Manager Magazine: Knorr-Bremse: How Nadia Thiele and Julia Thiele-Schürhoff are fighting over the inheritance of Heinz Hermann Thiele002194

German Manager Magazin: Volkswagen AG with Annual General Meeting 2022: Special dividend after the IPO of Porsche AG002194

Volkswagen-Boss Oliver Blume does not want to put off the decision about a battery cell factory in Eastern Europe. “The location decision for Eastern Europe should be made shortly,” he said at the extraordinary general meeting on Friday in Berlin. The Czech Republic is being traded as a possible location for the factory, which is… Continue reading German Manager Magazin: Volkswagen AG with Annual General Meeting 2022: Special dividend after the IPO of Porsche AG002194

German Handelsblatt: Automotive supplier: Schaeffler builds its own hydrogen plant005850

The Schaeffler Group based in Herzogenaurach Schaeffler supplies the electrolysers for the system itself. In electrolysers, water is split into hydrogen and oxygen using electricity. (Photo: IMAGO/Manfred Segerer) The automotive and industrial supplier Schaeffler relies on hydrogen for its future energy supply and wants to build its own plant together with a partner on the… Continue reading German Handelsblatt: Automotive supplier: Schaeffler builds its own hydrogen plant005850