After VW and BMW, Mercedes is now also in crisis. In its passenger car division, the group expects a return of at best 8.5 instead of eleven percent in 2024. A bunch of problems are to blame. Go to Source
Category: German Press
German FAZ: Robert Habeck invites you to Autogipfel007730
In view of the tense situation, Federal Minister of Economics Robert Habeck is inviting the German automotive industry to a summit. The Green politician has invited people to an exchange about the current situation on Monday, said a spokeswoman for the ministry. The “Bild” newspaper had previously reported on it. In addition to the industry… Continue reading German FAZ: Robert Habeck invites you to Autogipfel007730
German FAZ: Short circuit in northern Sweden007729
On a hill above the northern Swedish town of Skellefteå, the barracks spread out like their own small village. More than a thousand gray residential containers stand out starkly against the forest of fir, spruce and birch that stretches east and north along the E4 highway. There is a lot going on in the parking… Continue reading German FAZ: Short circuit in northern Sweden007729
German FAZ: Now the dispute is breaking out over the CO₂ limits for cars007728
Ursula von der Leyen has just given Commissioner Wopke Hoekstra, who will continue to be responsible for climate protection, the task of reviewing the ban on combustion engines in 2035. It doesn’t spark any enthusiasm in the ailing auto industry. It has much more acute concerns than the climate targets for 2035, which are still… Continue reading German FAZ: Now the dispute is breaking out over the CO₂ limits for cars007728
German Manager Magazine: E-cars in crisis: Car sales in Europe collapse by almost a fifth003579
Impacted by a crash in sales of electric cars, new car sales in Europe have collapsed. The Association of European Automobile Manufacturers (ACEA) announced on Thursday that a total of 18.3 percent fewer vehicles were newly registered in August than in the same period last year. Demand for electric cars has fallen by almost 44… Continue reading German Manager Magazine: E-cars in crisis: Car sales in Europe collapse by almost a fifth003579
German Handelsblatt: Business: Mercedes-Benz has to cut its forecast009685
The Chinese business for luxury cars is weakening due to the slowing economic performance in the country. The car manufacturer is now expecting a significantly lower profit for the year as a whole. Go to Source
German Handelsblatt: Volkswagen: “This number has no basis whatsoever” – VW counters reports of severe job cuts009684
How drastic will the VW austerity program be? Volkswagen and the works council deny specific figures. The company and the employees want to negotiate next week. Go to Source
German Handelsblatt: Auto industry: Criticism of human rights report on the VW plant in Xinjiang009683
With a report from the VW factory in the Uyghur province of Xinjiang, the company wanted to dispel concerns about the situation there. But there are said to have been major deficiencies. Go to Source
German Handelsblatt: Volkswagen: “This number has no basis whatsoever” – VW counters reports of severe job cuts009682
How drastic will the VW austerity program be? Volkswagen and the works council deny specific figures. The company and the employees want to negotiate next week. Go to Source
German Manager Magazine: Continental: How the dispute with BMW over brakes endangers Conti’s future plans003575
Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Continental: How the dispute with BMW over brakes endangers Conti’s future plans003575