S The high level of losses on automotive stocks and Beiersdorf shares pushed the German stock market down sharply on Thursday. The F.A.Z. Index, which is 100 times broader in the market, yields 0.92 percent to 2450 points. The default Dax index yielded 0.85 percent to 12,587 points. The prices also fell in New York.… Continue reading Investors sell car values and Beiersdorf
Tag: BMW
The electric Volksauto comes from Aachen
A chim Kampker is only 34 years old. He is likely to be by far the youngest boss of a German automobile company – and probably this superlative even applies to the entire car industry around the globe. Granted: The Kampker founded Streetscooter GmbH in Aachen has almost nothing in common with the big companies… Continue reading The electric Volksauto comes from Aachen
Where to go with our cars?
D he is American president Donald Trump can not decide. First he sets the import duties for steel and aluminum on ice, just to announce tariffs on imported cars shortly thereafter , The share prices of German automakers are on the stock market, industrial and commercial agents groan, even speak of an “economic disaster”. But… Continue reading Where to go with our cars?
The flash needs polish
M it has “7 in 2017” Opel last year delivered the biggest model offensive in its history. Only: For new car sales, this offensive is currently not reflected again. On the contrary: the new figures from the Kraftfahrt-Bundesamt are not very encouraging for the German subsidiary of the Peugeot dam PSA. In May, the brand… Continue reading The flash needs polish
Auto industry makes Trump a “peace offer”
D he German automakers are trying to avert a trade war with America by proposing to completely abolish tariffs on cars in trade between Europe and America. Richard Grenell, American ambassador to Germany, traveled to Washington this Wednesday with this “peace offer” from the auto industry “Wall Street Journal” , Grenell have on their own… Continue reading Auto industry makes Trump a “peace offer”
A favorite of Ferdinand
H at Rupert Stadler telephoned Ferdinand Piëch after the raid last week? It would be conceivable: The silent become former VW Patriarch was after all the great mentor of Stadler been – so far still a potential advisor for difficult life situations. Conversely, the appreciation was appreciably large. Although Stadler was not an engineer, but… Continue reading A favorite of Ferdinand
Are the Americans just desperate?
D The need must be huge in Washington. His numerous economic and political threats to countless countries – it is now really difficult to keep track – said the American president Donald Trump Now another added: He points out import tariffs on cars, reportedly up to 25 percent. The official rationale is fire-threatening, so the… Continue reading Are the Americans just desperate?
US customers file class action against German car companies
The cartel scandal hits the German carmaker now in the US: Three customers complain there against Volkswagen, Daimler and BMW – among other things, for violation of competition law. Car brand Mercedes-Benz, Daimler AG in Stuttgart (archive) Thursday, 27.07.2017 15:46 clock The cartel allegations against German carmakers could also have legal consequences in the USA.… Continue reading US customers file class action against German car companies
Cartel scandal blurs Daimler’s half-year balance sheet
Despite the diesel crisis and cartel entanglement: Daimler has sold more cars than ever before. But the good numbers have hardly any consequences on the stock market. Dieter Zetsche (archive) Wednesday, 26.07.2017 12:13 clock Despite the debates about diesel manipulation and driving bans, the auto company has Daimler made big profits again. In the second… Continue reading Cartel scandal blurs Daimler’s half-year balance sheet
Chinese billionaire becomes largest shareholder at Daimler
With a share of over seven billion euros, the boss of Volvo’s mother Geely has participated in Daimler. The Chinese company is counting on the departure from the pure combustion engine. Li Shufu, principal owner of Chinese auto giant Geely Friday, 23.02.2018 19:42 clock The Chinese carmaker Geely makes serious with the billion dollar entry… Continue reading Chinese billionaire becomes largest shareholder at Daimler