Trade deal aside, Mercedes and Porsche see more tariff pain on the way

Despite the contours of a preliminary trade deal, German automakers Mercedes (MBG.DE) and Porsche (P911.DE) are still in a world of pain, suffering from the strain of Trump’s tariffs and shifting consumer preferences in markets like the US and China. First up, Mercedes. In the second quarter, the luxe carmaker reported revenue fell 10% to… Continue reading Trade deal aside, Mercedes and Porsche see more tariff pain on the way

German Manager Magazin: BMW: US tariffs have a profit by a third collapse 004349

The Munich car manufacturer BMW sees a third and the tariff of US President despite a slump in profits Donald Trump on course and sticks to its forecast for the year as a whole. The BMW business model is intact, said CFO Walter Mertl on Thursday when submitting the business figures for the second quarter.… Continue reading German Manager Magazin: BMW: US tariffs have a profit by a third collapse 004349

German Manager Magazin: Mercedes, Volkswagen, Conti: How about the crisis? The Manage: Mobility Live Talk004350

The European auto industry is deep in the crisis, the half -year numbers are showing it again. Electric cars can usually only be sold with a discount and then bring mini gain or even loss. Development expenses are increasing massively, saving everywhere. Volkswagen and ZF Friedrichshafen, Mercedes and Continental: The reasons are different, but all… Continue reading German Manager Magazin: Mercedes, Volkswagen, Conti: How about the crisis? The Manage: Mobility Live Talk004350

German Manager Magazin: Airbus, Schaeffler, Vitesco, ZF Friedrichshafen – The newsletter “Manage: Mobility” 004349

Dear reader, dear reader, Before we take a newsletter break in the next two weeks, we will devote ourselves to the dark everyday life. Through the bank, manufacturers and suppliers present sobering half -year numbers, one forecast after the other is tipped over. Now there are also exports to the USA 15 percent inch on… Continue reading German Manager Magazin: Airbus, Schaeffler, Vitesco, ZF Friedrichshafen – The newsletter “Manage: Mobility” 004349