German Manager Magazine: Porsche: Sales in China collapsed by 28 percent in 2024003888

The sports car manufacturer Porsche AG sold fewer cars last year than the previous year. Worldwide deliveries fell by 3 percent to around 310,700 vehicles, as the company in Stuttgart, which is majority owned by the VW Group, announced. Porsche grew in four out of five regions of the world, including Germany. Only in China… Continue reading German Manager Magazine: Porsche: Sales in China collapsed by 28 percent in 2024003888

German FAZ: Insolvency, loan fraud, bankruptcy – the end of the kitchen battle over Alno008541

When the saws and milling machines at Alno AG and its successor company had been idle for a few days in October 2021, the works council head of the traditional kitchen manufacturer did what she had always done all these years. She pitched in when there was something to be done. At the main gate… Continue reading German FAZ: Insolvency, loan fraud, bankruptcy – the end of the kitchen battle over Alno008541