Dear reader, Unsurprisingly, the current reporting season leaves Germany’s automobile manufacturers looking quite dispirited. Porsche? Operating profit around 99 percent collapsed. Mercedes? Minus 70 percent in profits from ongoing business. This Thursday, some nervous glances will be directed towards Wolfsburg: Volkswagen presents its figures; Porsche, the long-time guarantor of returns, is no longer available. Is… Continue reading German Manager Magazine: ZF Friedrichshafen, BMW, Smart, Nvidia – the newsletter “manage:mobility”004520
Category: German Press
German Handelsblatt: Semiconductors: VW: chip supply also secured next week011744
Despite the supply problems with semiconductors, VW can continue producing for the time being. The chips will still be enough next week. Go to Source
Porsche and tariffs: VW profits collapse by 58 percent
Customs duties and Porsche depreciation are tearing a billion-dollar hole in the Volkswagen Group’s balance sheet. The operating return drops to 2.3 percent. (VW, Lamborghini) Go to Source
Robotaxis: Waymo’s co-CEO believes in success even in the event of death
Even if a self-driving car caused a fatal accident, society would accept it, says Waymo’s co-CEO. (Waymo, car) Go to Source
Car: Profit at Mercedes-Benz falls by 50 percent
At least not as bad as Porsche: Mercedes-Benz is reporting a slump in profits and fewer vehicle sales. (Mercedes Benz, Electric car) Go to Source
German Handelsblatt: VW: Despite the Nexperia bottleneck: Volkswagen will continue to produce 011740 next week
Breathe a sigh of relief in Wolfsburg: Despite delivery problems at chip supplier Nexperia, VW production in Germany is continuing as planned – for the time being. Go to Source
German Handelsblatt: Comment: Fear for their legacy – The rearguard action of the Porsche dynasty011742
The billion-dollar disaster at Porsche is a revelation – not only for CEO Oliver Blume, but also for the owner family. There are old problems behind the loss-making business. Go to Source
German Handelsblatt: VW: Despite Nexperia bottleneck: Volkswagen will continue to produce next week011741
Breathe a sigh of relief in Wolfsburg: Despite delivery problems at chip supplier Nexperia, VW production in Germany is continuing as planned – for the time being. Go to Source
German Handelsblatt: Auto industry: VW slips into the red – Porsche burdened011740
Billions in losses at VW: Porsche is dragging the group deep into the red – but there are surprising bright spots when it comes to electric cars and the core brand. Go to Source
German Handelsblatt: Auto industry: VW slips into the red – Porsche burdened011739
Billions in losses at VW: Porsche is dragging the group deep into the red – but there are surprising bright spots when it comes to electric cars and the core brand. Go to Source