German Press – Page 339 – I wish I had more to offer

German Handelsblatt: Auto industry: Change of power at BMW – Nicolas Peter is to become the new head of the supervisory board010210

According to the wishes of the Quandt family, the former CFO is to become Norbert Reithofer’s successor. The 62-year-old has had a rather unusual start at BMW. Go to Source

German FAZ: DAX record despite recession – how can that be?008302

The German stock index Dax has surpassed the third thousand in a year: After 18,000 points in March and 19,000 points in September, it reached more than 20,000 points for the first time on Tuesday morning. Like the entire stock market upswing, Tuesday’s trading day was not characterized by euphoria. Progress is being made in… Continue reading German FAZ: DAX record despite recession – how can that be?008302

German FAZ: “We have focused too one-sidedly on climate protection”008301

We’re getting a new government, which one I don’t want to speculate about. But one thing is certain: the energy transition will continue, but it needs a correction. In Germany, we may have focused too one-sidedly on the issue of climate protection in the past. Successful energy policy must take two further fundamental aspects into… Continue reading German FAZ: “We have focused too one-sidedly on climate protection”008301

German FAZ: Spaetzle with bamboo shoots008300

German quality workmanship, made in China. It is quite unlikely that Mercedes-Benz will engrave the designation of origin on the cylinder heads of the new four-cylinder engines when they debut in the CLA next year. In the future, the small combustion engines will be built by the Chinese partner Geely, whose founder is also a… Continue reading German FAZ: Spaetzle with bamboo shoots008300

German FAZ: “We have focused too one-sidedly on climate protection”008301

German FAZ: China prohibits the export of gallium and germanium to America008300

China has banned the export of important goods and raw materials to the US, responding to the Biden administration’s tightened chip sanctions. The Ministry of Commerce in Beijing announced that the export of gallium, germanium and antimony to the USA is now “in principle” prohibited. In addition, the review of graphite exports will be tightened.… Continue reading German FAZ: China prohibits the export of gallium and germanium to America008300

German FAZ: What’s behind Tavares’ expulsion008302

The divergences had become too great. With immediate effect, the board of directors of the car manufacturer Stellantis accepted the resignation of Carlos Tavares as CEO on Sunday. The press release from the parent company of brands such as Peugeot, Fiat and Opel is brief, but its tone is unmistakable. In the past few weeks,… Continue reading German FAZ: What’s behind Tavares’ expulsion008302

German FAZ: Head of Opel parent Stellantis resigns008301

The car manufacturer Stellantis, which is suffering from problems in the important US market and a weak industry situation, has to look for a new boss sooner than expected. The board of directors has accepted the resignation of Carlos Tavares, the multi-brand group (including Peugeot, Citroen, Fiat, Chrysler, Jeep, Alfa Romeo) announced on Sunday evening.… Continue reading German FAZ: Head of Opel parent Stellantis resigns008301

German FAZ: Opel should learn from the Chinese008300

In Frankfurt and other large cities they are unmissable: the car dealerships that Chinese electric car manufacturers have opened there, some in prime city locations. Recently, the Opel parent company Stellantis has also started offering battery-powered vehicles from China: In the Stellantis branch in Neu-Isenburg, for example, in addition to cars from the Citroën and… Continue reading German FAZ: Opel should learn from the Chinese008300