Category: German Press

German Manager Magazine: E-cars, agencies and fear of China – the billion-dollar risk in car sales003781

In many ways, 2024 will go down in history as a difficult year for the auto industry. If you look ahead, it is already clear: 2025 will not be any easier. Especially not for the sales departments of car manufacturers: On the one hand, they have to ensure that significantly more electric cars come onto… Continue reading German Manager Magazine: E-cars, agencies and fear of China – the billion-dollar risk in car sales003781

German Manager Magazine: Northvolt: What’s next for the battery start-up from Sweden?003780

Lack of money instead of giga production, struggle for existence instead of expansion: this has been the case since last week at the latest Northvolt in a new world. The start-up from Sweden has long been Europe’s great hope in the promising market for batteries, which will be needed on a large scale in the… Continue reading German Manager Magazine: Northvolt: What’s next for the battery start-up from Sweden?003780

German Manager Magazine: SAP shares as an investment: Is it still worth getting started?003779

SAP is the heavyweight in the DAX portfolio. The tech company from Walldorf alone accounts for 14 percent of the weight in the leading German index of the 40 largest German stock corporations. These follow Deutsche Telekom and Siemens each with significantly less than 10 percent. That means: Around a seventh of the DAX performance… Continue reading German Manager Magazine: SAP shares as an investment: Is it still worth getting started?003779

German FAZ: Schumacher out of the race008251

The voluntary departure from Formula 1 will have a liberating effect. Because it has been hinted at for a long time: Mick Schumacher received enough information this year that he was no longer wanted as a regular driver for a racing team. The son of the record world champion had to take four severe blows… Continue reading German FAZ: Schumacher out of the race008251

German FAZ: What awaits German car manufacturers in America008250

There is no shortage of hostile campaign rhetoric: Trump wants to ban German cars from the streets of New York’s prestigious Fifth Avenue. At the same time, he declared his goal to be to lure German manufacturers to the United States – but he may have meant the word “force”. It’s not enough that German… Continue reading German FAZ: What awaits German car manufacturers in America008250

German FAZ: Mick Schumacher is no longer a reserve driver either008249

Mick Schumacher will leave Formula 1 completely after this season. The 25-year-old son of record world champion Michael Schumacher has decided to end his job as a test and reserve driver at Mercedes. The German car maker announced this on Thursday ahead of the Qatar Grand Prix this weekend. Mick Schumacher said he was “grateful… Continue reading German FAZ: Mick Schumacher is no longer a reserve driver either008249

German FAZ: The steel is in the triple clamp 008251

Germany’s largest steel manufacturer Thyssenkrupp Steel calls it a “comprehensive industrial future concept”, the works councils speak of a “brutal clear-cutting plan”: around 11,000 of the 27,000 jobs in Thyssenkrupp’s steel division are to be cut or outsourced by 2030, one location is to close, and costs are to be incurred sink – all of… Continue reading German FAZ: The steel is in the triple clamp 008251