German Manager Magazin: Mercedes-Benz: Why Daimler’s C-Class is not becoming a Tesla Fighter000611

For decades this model was for Daimler A safe bet: The C-Class, the first generation of which was still called the Mercedes 190, ensured that Mercedes-Benz had consistently high sales, turnover and profit figures for almost 40 years. An important part of the recipe for success was to pass innovations from the upper class to… Continue reading German Manager Magazin: Mercedes-Benz: Why Daimler’s C-Class is not becoming a Tesla Fighter000611

German Manager Magazin: Tesla stops Model 3 production for two weeks000611

The lack of chips is affecting the auto industry more and more. Had after Volkswagen in China last also General Motors and ford reported significant problems, it now also appears Tesla to be caught off guard by the scarcity of components. According to one Report from the Bloomberg news agency the electric car manufacturer has… Continue reading German Manager Magazin: Tesla stops Model 3 production for two weeks000611

German Manager Magazin: Volkswagen AG: Profit of billions in Corona year 2020, dividend stable000612

Of the Volkswagen-Group has left the Corona low behind for the time being and also closed the difficult year 2020 with a billion-dollar profit. After the considerable slump due to stagnant sales, plant closings and damaged supply chains in the second quarter, the Wolfsburg-based company managed to turn the meanwhile red numbers into positive territory.… Continue reading German Manager Magazin: Volkswagen AG: Profit of billions in Corona year 2020, dividend stable000612

German Handelsblatt: Car manufacturer: Daimler takes back the reduction in working hours and pays success bonus 001406

Daimler Around 135,000 employees can look forward to a bonus. (Photo: AFP) Stuttgart The car manufacturer Daimler is taking back the cuts in working hours negotiated last summer and is now paying the employees a profit-sharing bonus. This is a reaction to the unexpectedly good business development in 2020 and the currently good market development,… Continue reading German Handelsblatt: Car manufacturer: Daimler takes back the reduction in working hours and pays success bonus 001406

German Handelsblatt: Sports car manufacturer: Porsche boss tightens austerity measures001365

Porsche emblem on a bonnet The sports car manufacturer has probably started the new year on a good note. (Photo: dpa) Berlin The VW sports car subsidiary Porsche is tightening its savings program. “We are now planning a total of around ten billion euros over the next five years to secure the result. Originally it… Continue reading German Handelsblatt: Sports car manufacturer: Porsche boss tightens austerity measures001365

German Manager Magazin: Porsche SE: VW subsidiary tightens austerity program until 2025000584

The sports car subsidiary Porsche is tightening its savings program. “In the next five years we are now planning a total of around ten billion euros to secure the result. Originally it was six billion euros,” said CEO Oliver Blume of the “Automobilwoche”. “After 2025 it should be three billion euros a year.” Initially, an… Continue reading German Manager Magazin: Porsche SE: VW subsidiary tightens austerity program until 2025000584

German Handelsblatt: Auto supplier: Continental board wants to forego dividend distribution001355

Continental In 2021, Conti shareholders are expected to miss out on dividends for the first time in eleven years. (Photo: dpa) Düsseldorf The 2020 corona year left its mark on Continental’s balance sheet. The board of directors around the new Conti boss Nikolai Setzer therefore wants to forego a dividend distribution in the current year.… Continue reading German Handelsblatt: Auto supplier: Continental board wants to forego dividend distribution001355

German Handelsblatt: Revolution from above: Källenius is already planning the next revolution: Daimler is examining premature end to the combustion engine001354

Daimler boss Ola Källenius The next S-Class could drive exclusively electrically. (Photo: Thomas Kuhlenbeck) 2021 will be a fateful year for Daimler. The spin-off of the truck division is only an intermediate step towards an even more profound revolution: Mercedes could become combustion-free far earlier than previously planned. CEO Ola Källenius wants to speed up… Continue reading German Handelsblatt: Revolution from above: Källenius is already planning the next revolution: Daimler is examining premature end to the combustion engine001354

German FAZ: Toyota shakes off the semiconductor shortage000925

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German FAZ: VW criticizes its suppliers for lack of chips000926

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