German FAZ: Profit slump at Mercedes010152

Mercedes-Benz’s profits fell by half in the first nine months. The Stuttgart-based car manufacturer announced that consolidated earnings fell by 50.3 percent from 7.80 billion euros to 3.87 billion euros compared to the same period last year. The Swabians cited customs duties, lower sales figures and expenses for efficiency measures as reasons for this. CEO… Continue reading German FAZ: Profit slump at Mercedes010152

German FAZ: The battle for the dashboard010151

General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151

German FAZ: The battle for the dashboard010151

General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151

German FAZ: The battle for the dashboard010151

General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151

German FAZ: The battle for the dashboard010151

General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151

German FAZ: The battle for the dashboard010151

General Motors is banning Apple CarPlay from all models, angering 79 percent of its customers. The conflict seems to be directed against Silicon Valley, but the real enemy is in China: While the West is arguing about phone mirroring, BYD, Nio and Xpeng have long since turned the car into a software platform. When Mary… Continue reading German FAZ: The battle for the dashboard010151

German Manager Magazine: Material shortage: Chip shortage is increasingly putting a strain on German industry004519

There are signs of an increasing chip shortage in German industry. In October, 10.4 percent of manufacturers of electronic and optical products complained about material shortages, according to the Munich Ifo Institute based on its regular surveys. In April it was only 3.8 percent. “The control mechanisms and trade restrictions for rare earths are having… Continue reading German Manager Magazine: Material shortage: Chip shortage is increasingly putting a strain on German industry004519