European auto stocks fell nearly 4% on Monday, as a warning from Volkswagen, Aston Martin and Stellantis stoked concerns around the sector’s earnings outlook. This comes against the backdrop of a year marked by Chinese competition, and a slowdown in demand, Reuters reported. The rout erased roughly USD 10 billion from the market value of… Continue reading European auto stocks erase USD 10 billion after Stellantis warning: Report
Tag: Daimler
German FAZ: Equal pay lawsuit against Daimler Truck007796
Doesn’t the principle “equal pay for equal work” also apply to a large corporation like Daimler Truck? A high-ranking manager of the commercial vehicle manufacturer is fighting on Tuesday before the Baden-Württemberg State Labor Court (LAG) for the same pay as her male colleagues (ref. 2 Sa 14/24). The plaintiff has been employed by the… Continue reading German FAZ: Equal pay lawsuit against Daimler Truck007796
German FAZ: Car manufacturer Stellantis shocks the stock market007795
It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795
German FAZ: Car manufacturer Stellantis shocks the stock market007795
It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795
German FAZ: Car manufacturer Stellantis shocks the stock market007795
It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795
German FAZ: Car manufacturer Stellantis shocks the stock market007795
It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795
German Handelsblatt: Car manufacturer: Mercedes taxi business collapses – sales fall by 71 percent009792
Every second taxi used to be a Mercedes. However, as part of its luxury strategy, the group discontinued its special models for the commercial sector. Exclusive figures now show the enormous consequences. Go to Source
German Handelsblatt: Car manufacturer: Mercedes taxi business collapses – sales fall by 71 percent009791
Every second taxi used to be a Mercedes. However, as part of its luxury strategy, the group discontinued its special models for the commercial sector. Exclusive figures now show the enormous consequences. Go to Source
Chinese Carmakers Sell Fewest EVs in Europe in 18 Months
(Bloomberg) — Chinese manufacturers sold the fewest electric cars in 18 months to customers across Europe, with registrations falling by nearly half in August from a year earlier. Most Read from Bloomberg The 48% drop led to the second straight month of declining share for Chinese brands, based on figures provided by researcher Dataforce. MG,… Continue reading Chinese Carmakers Sell Fewest EVs in Europe in 18 Months
Chinese Carmakers Sell Fewest EVs in Europe in 18 Months
(Bloomberg) — Chinese manufacturers sold the fewest electric cars in 18 months to customers across Europe, with registrations falling by nearly half in August from a year earlier. Most Read from Bloomberg The 48% drop led to the second straight month of declining share for Chinese brands, based on figures provided by researcher Dataforce. MG,… Continue reading Chinese Carmakers Sell Fewest EVs in Europe in 18 Months