Volkswagen is increasingly losing touch in the most important market. Two brands in particular are disappointing; experts speak of a “new quality”. Go to Source
Category: German Press
German Handelsblatt: Car manufacturer: Audi sells significantly fewer cars – and is behind Tesla010431 for the first time
The VW subsidiary is reporting significantly fewer sales for 2024, especially in Germany. The important China business is also weakening. What Audi is hoping for this year. Go to Source
German Handelsblatt: Motorcycles: This China bike challenges BMW with a competitive price010430
The Chinese motorcycle brand Zontes relies on affordable prices. Now it is also pushing into the upper segment of mid-range travel enduros – actually the home of BMW. Go to Source
German Handelsblatt: Auto industry: Fuel cell subsidiary of Daimler and Volvo wants to produce from around 2030010429
Together, the two truck manufacturers Daimler and Volvo want to build trucks that are powered by hydrogen. However, the manufacturers are taking their time before series production. Go to Source
German Handelsblatt: Sports car manufacturer: Porsche has a billion-dollar problem – and is becoming the new major construction site in the VW Group010428
Falling sales in the largest market and difficulties with suppliers surprise management – and fuel the discussion about a controversial dual role at the top of the group. Go to Source
German Handelsblatt: Sports car manufacturer: Porsche has a billion-dollar problem – and is becoming the new major construction site in the VW Group010427
Falling sales in the largest market and difficulties with suppliers surprise management – and fuel the discussion about a controversial dual role at the top of the group. Go to Source
German Manager Magazine: Daimler Truck: Amazon orders 200 eActros 600003891 electric trucks
Prestige success for Daimler trucks: The US company Amazon orders 200 heavy electric trucks for its European freight transport from the German car manufacturer’s truck subsidiary. The Mercedes-Benz eActros 600 vehicles are to be integrated into the online retailer’s network this year, as Amazon announced in Munich. Accordingly, over 140 in Great Britain drive, in… Continue reading German Manager Magazine: Daimler Truck: Amazon orders 200 eActros 600003891 electric trucks
German Manager Magazine: TikTok Sale: China is reportedly considering selling TikTok’s US business to Elon Musk003892
According to one person in the Chinese government Bloomberg report a sale of the threatened US business TikTok to tech billionaire Elon Musk (53) considered. The option was discussed in Beijing that Musk’s online platform X could take control of TikTok US and operate the services together, wrote the Bloomberg news agency, citing people familiar… Continue reading German Manager Magazine: TikTok Sale: China is reportedly considering selling TikTok’s US business to Elon Musk003892
German Manager Magazine: Tesla shares: Europe’s largest pension fund throws Tesla out of its portfolio003891
Europe’s largest pension fund ABP from the Netherlands has its entire stake in Tesla sold – this involved 2.8 million shares worth 571 million euros. The reason for the step, which took place in September last year, was a debate about a billion-dollar salary package for Tesla’s boss Elon Musk (53), as the Dutch newspapers… Continue reading German Manager Magazine: Tesla shares: Europe’s largest pension fund throws Tesla out of its portfolio003891
German Manager Magazine: Audi continues to fall behind BMW and Mercedes when it comes to premium cars003891
In the three-way battle between the major German premium manufacturers Audi 2024 the big loser. Although they also suffered BMW and Mercedes Benz under weak demand China and in the home market Germany, but things were also going badly for Audi in the other areas, while the two arch-rivals did much better there in some… Continue reading German Manager Magazine: Audi continues to fall behind BMW and Mercedes when it comes to premium cars003891