Category: German Press

German Manager Magazin: Renault: CEO Luca de Meo brings in 20 percent more sales in the third quarter002094

The carmaker Renault benefited greatly from price increases in the third quarter and significantly increased its sales. Overall, revenue from July to September reached EUR 9.8 billion. Nearly 13 percentage points of the growth came from price increases — the company’s biggest increase ever, it said. Without the former Russian unit Avtovaz, sales increased by… Continue reading German Manager Magazin: Renault: CEO Luca de Meo brings in 20 percent more sales in the third quarter002094

German Handelsblatt: Electromobility: Race for the best car battery: Porsche is building the “smallest gigafactory in the world”005455

Der Porsche AG geht es gut. Der jüngst erfolgte Börsengang ist gelungen, nach einem durchwachsenen ersten Halbjahr befindet sich der Sportwagenbauer geschäftlich wieder im Aufwärtstrend. Porsche geht es sogar so gut, dass die Beschäftigten bis zu 3000 Euro Prämie im Nachgang des IPO erhalten sollen. Und auch für Investitionen ist Geld da: Die Zuffenhausener weiten… Continue reading German Handelsblatt: Electromobility: Race for the best car battery: Porsche is building the “smallest gigafactory in the world”005455

German Handelsblatt: Software strategy: stock market frustration at Mercedes – car manufacturer postpones important investor event005454

Ola Källenius The Mercedes boss is desperately trying to increase Mercedes’ stock market value. (Photo: IMAGO/Mike Schmidt) Mercedes boss Ola Källenius fulfills almost every wish of investors. He swears by luxury instead of sheer mass, goes all-in on electric cars, has spun off Daimler Truck on the stock exchange, pushed through one of the toughest… Continue reading German Handelsblatt: Software strategy: stock market frustration at Mercedes – car manufacturer postpones important investor event005454

German Manager Magazin: Twitter: Elon Musk apparently wants to massively cut jobs at the short message service after the takeover002092

The deal isn’t finalized yet, but planning is in progress Elon Musk after taking over Twitter apparently a massive job cut. He said to potential investors that he would reduce the number of employees from 7,500 to around 2,000, the company writes “Washington Post” . That would be about 75 percent of the employees of… Continue reading German Manager Magazin: Twitter: Elon Musk apparently wants to massively cut jobs at the short message service after the takeover002092

German Manager Magazin: Cupra: Seat boss Wayne Griffiths sees himself as a winner of the crisis002091

The boss was joking. “Our Cupra customers average around 40 years old,” said Wayne Griffiths. “I drive a Cupra Formentor myself. I’m not 40 anymore, but I try to at least look like it.” Bleached undercut, sporty jacket, tight jeans, sneakers – that’s how he covered his 56 years when he appeared in Nürtingen on… Continue reading German Manager Magazin: Cupra: Seat boss Wayne Griffiths sees himself as a winner of the crisis002091

German Manager Magazin: Car sales: Toyota and Volkswagen close race for the title of world’s largest car manufacturer002091

The world’s largest carmaker Toyota can no longer avoid cutting its production forecast for the year due to a lack of electronic chips. Because many semiconductors are still missing, production in November is likely to be just 800,000 vehicles – this means that production in the current fiscal year (end of March) will also fall… Continue reading German Manager Magazin: Car sales: Toyota and Volkswagen close race for the title of world’s largest car manufacturer002091

German Handelsblatt: Automaker: Stock market frustration at Mercedes – Group postpones investor event on software strategy005451

Ola Källenius The Mercedes boss is desperately trying to increase Mercedes’ stock market value. (Photo: IMAGO/Mike Schmidt) Mercedes boss Ola Källenius fulfills almost every wish of investors. He swears by luxury instead of sheer mass, goes all-in on electric cars, has spun off Daimler Truck on the stock exchange, pushed through one of the toughest… Continue reading German Handelsblatt: Automaker: Stock market frustration at Mercedes – Group postpones investor event on software strategy005451

German Handelsblatt: Electromobility: Premiere for the electric challenger – Mercedes EQE SUV to challenge BMW and Audi005450

Ready for anything With the five-seat and 4.86 meter SUV, Mercedes primarily wants to appeal to those customers who were previously interested in the GLE. Once an electric platform has been developed, it usually happens in quick succession until different models are produced on it. The best example is Mercedes. The Stuttgart car manufacturer has… Continue reading German Handelsblatt: Electromobility: Premiere for the electric challenger – Mercedes EQE SUV to challenge BMW and Audi005450