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
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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
German Handelsblatt: Car manufacturer: Mercedes taxi business collapses – sales fall by 71 percent009790
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 percent009788
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 percent009788
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 Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604
The car company Stellantis is slashing its profit expectations for this year due to problems in the North American market and the weak industry situation. CEO Carlos Tavares (66) now only expects an operating profit margin of 5.5 to 7.0 percent adjusted for special effects, as Stellantis announced in Amsterdam. So far there should be… Continue reading German Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604
German Manager Magazine: DAX record despite recession: How economic crisis and stock market rally fit together003604
A brief overview of the weather situation: This is what the leading economic institutes expect for Germany second year of recession in a row. The economy will continue to shrink in 2024 and only grow hesitantly in 2025, according to the researchers. Unemployment is increasing again, also because of tough austerity programs many corporations. The… Continue reading German Manager Magazine: DAX record despite recession: How economic crisis and stock market rally fit together003604