German Manager Magazine: Conti increases profits, ContiTech cuts forecast003727

The car supplier and tire manufacturer Continental performed better in the third quarter than experts expected. Sales fell by 4 percent to 9.8 billion euros due to weak industrial business and declining car production. The operating result, adjusted for special effects, rose by 36 percent to 873 million euros, also due to the austerity measures.… Continue reading German Manager Magazine: Conti increases profits, ContiTech cuts forecast003727

German FAZ: Are German cars still desirable?008133

German cars no longer appear as desirable as they did eight years ago: exports are currently almost a third lower than the previous record of 4.4 million cars. There is no doubt that many German-branded cars had great appeal for decades. In marketing terms, “must haves” are products that trigger an impulse to buy in… Continue reading German FAZ: Are German cars still desirable?008133