German Manager Magazin: Auto1, Cazoo and Co.: Online car dealers fight for survival002301

Restore iTunes subscription manager+ is processed via your iTunes account and paid for with 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 Magazin: Auto1, Cazoo and Co.: Online car dealers fight for survival002301

German Manager Magazin: Volkswagen: Cash inflow falls, operating profit rises in 2022, but cash flow falters002300

Europe’s largest carmaker Volkswagen has increased profits despite production disruptions due to missing chips and persistent supply shortages. With group sales increasing by around twelve percent to 279 billion euros, operating profit (EBIT) climbed by 12.5 percent to 22.5 billion euros last year, as the group announced on Tuesday evening. The figures were therefore within… Continue reading German Manager Magazin: Volkswagen: Cash inflow falls, operating profit rises in 2022, but cash flow falters002300

German Manager Magazin: Bicycle industry: What the Prophete bankruptcy says about German bike manufacturers002299

When the more than 110-year-old bicycle manufacturer Prophete filed for insolvency at the Bielefeld district court at the end of last year, it was a big surprise, at least for outsiders. The industry has recently experienced an enormous upswing as a result of the pandemic. Many cities are creating in the course of the traffic… Continue reading German Manager Magazin: Bicycle industry: What the Prophete bankruptcy says about German bike manufacturers002299

German Manager Magazin: Volkswagen: VW top manager Elke Temme is resigning from her duties for private reasons002298

Since the beginning of 2021, Elke Temme has been in charge of the charging and energy business area within the Volkswagen-Group with the brands Elli and Electrify America – a “pillar of the future” of the group, which bundles Volkswagen’s global activities in charging infrastructure and energy services. Temme is now resigning from her duties… Continue reading German Manager Magazin: Volkswagen: VW top manager Elke Temme is resigning from her duties for private reasons002298

German Manager Magazin: Tesla: Elon Musk raises the prices for his SUV model Y in the USA002297

The electric car manufacturer Tesla has in the USA raised prices for its Model Y just before the weekend following an expansion of tax incentives by the US government. The price of the Model Y Long Range rose by 1500 to just under $55,000 (51,060 euros) and that of the Model Y Performance by 1000… Continue reading German Manager Magazin: Tesla: Elon Musk raises the prices for his SUV model Y in the USA002297

German Manager Magazin: Elon Musk acquitted in fraud case over misleading Tesla tweets002296

Musk had announced on Twitter at the time that he wanted to take Tesla private for a price of $420 per share. Funding for this is “secured”. The announcement caused Tesla shares to fluctuate, but Musk later backed down. It became clear that the financing was anything but secure. Tesla investors fail with class action… Continue reading German Manager Magazin: Elon Musk acquitted in fraud case over misleading Tesla tweets002296

German Manager Magazine: BYD: Electric car manufacturer overtakes Tesla002294

Attack on Tesla BYD – a Toyota of electric mobility This year, Chinese EV maker BYD is likely to release more pure electric vehicles than Tesla. But that’s not the only reason why BYD is celebrated on the stock exchange: the group is similar in many aspects to the world’s largest car manufacturer Toyota. An… Continue reading German Manager Magazine: BYD: Electric car manufacturer overtakes Tesla002294

German Manager Magazin: Ford: New wave of spam with layoffs feared 002294

Luckily the F150 is that big. For decades, the so-called ‘full-size’ pickup has been number 1 in US registration statistics and leaves ford look like a successful car manufacturer. But in its shadow things have been looking bleak for a long time: beyond the cheap commercial vehicle, the brand lacks real bestsellers, especially in the… Continue reading German Manager Magazin: Ford: New wave of spam with layoffs feared 002294

German Manager Magazin: Lufthansa: How Carsten Spohr despairs of his management002293

From time to time, CEOs lose their composure when they don’t think modernization is progressing quickly enough. Popular target of resentment: middle management. As Peter Loescher (65) Siemensboss from 2007 to 2013, he spoke of the “layer of clay” that robs the technology group of mobility. Jürgen Schrempp (78), for ten years Daimlerboss until 2005,… Continue reading German Manager Magazin: Lufthansa: How Carsten Spohr despairs of his management002293