Based on the strongly starting automotive stocks, the DAX started higher on Tuesday. The 40 most important German stocks were up to 21,210 points for 21,210 points, which has been the highest level since April 4. There were five automotive values among the six largest day winners: BMW, Mercedes and Volkswagen with price gains of… Continue reading German FAZ: Trump lets courses from auto stocks climb etch009179
Tag: GM
German FAZ: Why nobody buys American cars009177
FAZ+Ford, GM and Tesla: Why nobody buys American cars09.04.2025, 11: 45 reading time: 3 min. Image description Folding out President Donald Trump claims that the American car companies were treated poorly in Germany. But they never understood customers in other countries. Go to source
German FAZ: Trump lets courses from auto stocks climb etch009177
Based on the strongly starting automotive stocks, the DAX started higher on Tuesday. The 40 most important German stocks were up to 21,210 points for 21,210 points, which has been the highest level since April 4. There were five automotive values among the six largest day winners: BMW, Mercedes and Volkswagen with price gains of… Continue reading German FAZ: Trump lets courses from auto stocks climb etch009177
German FAZ: Trump lets courses from auto stocks climb
Based on the strongly starting automotive stocks, the DAX started higher on Tuesday. The 40 most important German stocks were up to 21,210 points for 21,210 points, which has been the highest level since April 4. There were five automotive values among the six largest day winners: BMW, Mercedes and Volkswagen with price gains of… Continue reading German FAZ: Trump lets courses from auto stocks climb
German FAZ: EU Commission imposes millions of fines against 15 car manufacturers009177
The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposes millions of fines against 15 car manufacturers009177
German FAZ: Trump lets courses from auto stocks climb
Based on the strongly starting automotive stocks, the DAX started higher on Tuesday. The 40 most important German stocks were up to 21,210 points for 21,210 points, which has been the highest level since April 4. There were five automotive values among the six largest day winners: BMW, Mercedes and Volkswagen with price gains of… Continue reading German FAZ: Trump lets courses from auto stocks climb
German Manager Magazin: Freenow: BMW and Mercedes Sell Taxi brokers to Lyft004132
The car manufacturers Mercedes Benz and BMW Sell your taxi app to the US driving agent Lyft. The purchase price was around 175 million euros in cash, Freenow announced on Wednesday. The completion of the transaction, provided the authorities are approved, is expected for the second half of 2025. In 2019, BMW and Mercedes founded… Continue reading German Manager Magazin: Freenow: BMW and Mercedes Sell Taxi brokers to Lyft004132
Barclays downgrades US auto sector due to Trump’s tariff policy
representative image Barclays on Tuesday downgraded U.S. autos and mobility sector to “negative” from “neutral”, warning that President Donald Trump’s tariffs could pressure automakers’ earnings and curb investments. The comments echo those cited by Goldman Sachs last week, when the U.S. brokerage cut its estimate for automobile sales in the country for this year by… Continue reading Barclays downgrades US auto sector due to Trump’s tariff policy
Lyft Acquires Freenow
Lyft, Inc. (Nasdaq: LYFT), a San Francisco, CA-based ride hailing marketplace, acquired Freenow, a Hamburg, Germany-based multi-mobility app with a taxi offering at its core, from BMW Group and Mercedes-Benz Mobility for approximately €175M. The acquisition is aligned with Lyft’s capital allocation strategy of investing in new growth opportunities. The transaction is expected to close… Continue reading Lyft Acquires Freenow
Lyft gets a toehold in Europe with FreeNow acquisition
FreeNow, which aggregates taxis and private car services, is being bought by Lyft for about $198 million. FreeNow, which aggregates taxis and private car services, is being bought by Lyft for about $198 million. Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has… Continue reading Lyft gets a toehold in Europe with FreeNow acquisition