German Manager Magazine: Nikola: Electric truck builder checks sales003918

The electric truck pioneer Nikola is under pressure. The start-up has been sliding from one crisis to the next for years, and is now apparently considering selling various parts of the company. A total sale also seems possible given the pressing liquidity problems. This is reported by the Bloomberg news agency with reference to insiders.… Continue reading German Manager Magazine: Nikola: Electric truck builder checks sales003918

German Manager Magazin: Podcast “The Topic”: Why Mercedes boss Ola Källenius in the crisis on the past

For Ola Källenius (55) it is an unpleasant déjà vu: When he took over the management of Mercedes-Benz in 2019, the manufacturer of trucks and premium cars was in a real crisis. Thanks to tough cost-cutting measures and sales of more expensive models, Källenius managed to take Mercedes to new heights. He spun off the… Continue reading German Manager Magazin: Podcast “The Topic”: Why Mercedes boss Ola Källenius in the crisis on the past

German FAZ: Mercedes sells delivery van factory in Argentina 008608

The car manufacturer Mercedes is selling its factory in Virrey del Pino, Argentina. The plant, founded in 1951, is the oldest production facility of the former Daimler Group outside of Germany. The buyer is a group of shareholders led by the Argentine investor Pablo Peralta, owner of the holding company Grupo ST, as the Argentine… Continue reading German FAZ: Mercedes sells delivery van factory in Argentina 008608

German FAZ: The class question is solved008607

The German new car market continues to languish. In 2024, exactly 2,817,331 cars were newly registered, one percent less than in the previous year. Before Corona, more than three million new cars were the norm, the record is 3.8 million. The keeper of the numbers is the Federal Motor Transport Authority (KBA) in Flensburg, which… Continue reading German FAZ: The class question is solved008607