Because of potentially faulty brakes, the car manufacturer has to launch one of the most expensive recalls in the company’s history. The broken relationship with supplier Conti is likely to become even frostier. Go to Source
Category: German Press
German Manager Magazine: BMW shares fall: Oliver Zipse cancels forecast – Continental shares also fall003558
Two giants of the German automotive industry caused a shock on Tuesday: the car manufacturer famous for its solid financial planning BMW cuts its annual forecast in an unusual step. Its shares fell in step with those of the auto supplier Continental which BMW holds largely responsible for the profit warning. The reason for the… Continue reading German Manager Magazine: BMW shares fall: Oliver Zipse cancels forecast – Continental shares also fall003558
German Handelsblatt: Volkswagen: Weil calls for rapid talks on the VW crisis009647
VW wants to tighten its savings plans. Lower Saxony’s Prime Minister Weil is pushing for talks between management and the works council. He makes this clear during a factory visit in Emden. Go to Source
German Handelsblatt: Volkswagen: Dealer letter: VW increases prices for combustion engines – no information on electric models009646
VW needs money. This should come into the coffers not only from austerity measures, but obviously also from price increases. The prices for these models rise significantly. Go to Source
German Handelsblatt: Auto industry: BMW cancels its profit forecast – auto stocks collapse009645
Because of potentially faulty brakes, the car manufacturer has to launch one of the most expensive recalls in the company’s history. The broken relationship with supplier Conti is likely to become even frostier. Go to Source
German FAZ: What’s going on with car stocks?007650
You can easily subscribe to the podcast on Apple Podcasts, Spotify or Deezer so you don’t miss a new episode. Of course we are also available in other podcast apps, just search for “F.A.Z.” Podcast Finance & Real Estate”. You can also find us in the FAZ.NET app. You can find all of our podcast… Continue reading German FAZ: What’s going on with car stocks?007650
German FAZ: What’s going on with car stocks?007652
You can easily subscribe to the podcast on Apple Podcasts, Spotify or Deezer so you don’t miss a new episode. Of course we are also available in other podcast apps, just search for “F.A.Z.” Podcast Finance & Real Estate”. You can also find us in the FAZ.NET app. You can find all of our podcast… Continue reading German FAZ: What’s going on with car stocks?007652
German FAZ: Like Volkswagen, only different – and better?007651
Stellantis, Europe’s second-largest volume manufacturer with brands such as Peugeot, Opel and Fiat, is seen as a counter-example to the sluggish tanker in Wolfsburg, whose parent brand VW is reacting laboriously to the changes in the auto industry, partly because of the influence of politics and the works council. Go to Source
German FAZ: China’s frustration on Germany’s car market007650
The declining interest in electric cars and home-made problems are causing disappointment and a lot of turbulence for Chinese car companies on the German market. They have now also reached the car manufacturer Polestar, which belongs to the Chinese Geely Group. The previous boss Thomas Ingenlath, who has led Polestar since it was founded as… Continue reading German FAZ: China’s frustration on Germany’s car market007650
German FAZ: What’s going on with car stocks?007650
You can easily subscribe to the podcast on Apple Podcasts, Spotify or Deezer so you don’t miss a new episode. Of course we are also available in other podcast apps, just search for “F.A.Z.” Podcast Finance & Real Estate”. You can also find us in the FAZ.NET app. You can find all of our podcast… Continue reading German FAZ: What’s going on with car stocks?007650