Ferrari has achieved record results thanks to high demand for its luxury sports cars and is raising its forecast. Earnings before interest, taxes, depreciation and amortization (Ebitda) climbed 15 percent to 446 million euros in the second quarter, beating analysts’ expectations. The bottom line is that the company recorded a profit of 251 million euros,… Continue reading German Manager Magazin: Ferrari: record profit, but the fabulous return is crumbling001952
Category: German Press
Autohaus Peter: 41 new trainees at the start of their training
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German Manager Magazin: Twitter: Elon Musk gets an opponent with hedge fund Greenlight001950
In the midst of litigation between Twitter and Tesla-Boss Elon Musk the hedge fund Greenlight Capital has announced an entry into the short message service. The company bought shares last month at an average price of $37.24, founder David Einhorn wrote in a letter to investors seen by Reuters on Monday. If Twitter prevails in… Continue reading German Manager Magazin: Twitter: Elon Musk gets an opponent with hedge fund Greenlight001950
German Manager Magazin: Fiat-Chrysler: Stellantis subsidiary pays $300 million fine for emissions fraud001950
The carmaker Fiat Chrysler comes the affair of exhaust manipulation in the United States to be expensive again. The company was sentenced on Monday (local time) in a federal court in Detroit to a fine of around 300 million dollars (around 290 million euros) for fraud with emission data. Which has now become an international… Continue reading German Manager Magazin: Fiat-Chrysler: Stellantis subsidiary pays $300 million fine for emissions fraud001950
China: BYD electric cars come to Germany
BYD has unveiled its plans to sell electric cars in Germany. It should start as early as the fourth quarter of 2022. (electric car, technology) Go to Source
Joint ventures: Porsche wants to develop drive systems for e-bikes
Porsche is expanding its e-bike activities and has set up two joint ventures to develop new motors and software. (Porsche, automobile) Go to Source
SUV: Turkish e-car Togg in test production
The first Togg electric cars are produced on a trial basis. After that, the series production of the first Turkish electric car should start. (electric car, automobile) Go to Source
Electric sedan i4 eDrive 35: sales start for BMW i4 with small battery
The BMW i4 eDrive35 will be built in Munich, but the electric car will initially not be available to order in Europe. (electric car, automobile) Go to Source
Linux Mint, BMW: From Pimmelgate and Pokémon
What else happened on August 1, 2022 in addition to the big reports, in a nutshell. (short news, Linux Mint) Go to Source
German FAZ: The competition is already laughing at Ferrari003847
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