Tag: Daimler

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

@niche: PORSCHE EMBRACES THE ELECTRON WASTELAND: IT WAS FUN WHILE IT LASTED.003556

Editor’s Note: This week, Peter details Porsche’s all-out push into electrification, which will thrust the brand into soulless appliance territory and serve as an existential threat to Porsche’s very existence. In “On The Table,” we preview Toyota’s expanded GR Corolla lineup for model year 2025. And our AE Song of the Week is “Lonely Boy” by Andrew Gold. In “Fumes,” we have the sixth installment of Peter’s popular… Continue reading @niche: PORSCHE EMBRACES THE ELECTRON WASTELAND: IT WAS FUN WHILE IT LASTED.003556

Fire breaks out at Chinese battery giant CATL plant

CATL’s base in the eastern province of Fujian, but the company said the effect of the now extinguished fire would not be significant. A fire broke out Sunday at a factory belonging to Chinese battery giant CATL, which supplies electric vehicle makers including Tesla, but only a “relatively small” impact on operations is expected, the… Continue reading Fire breaks out at Chinese battery giant CATL plant

An INR 50 crore and growing biz of Mercedes-Benz India, and it’s not from cars

Updated On Sep 30, 2024 at 11:37 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals During the last 3-4 years the German company’s Indian arm has also witnessed a 50% rise in the average selling price of the car, which has gone up from INR 60 lakh to INR 90 lakh… Continue reading An INR 50 crore and growing biz of Mercedes-Benz India, and it’s not from cars

Is BorgWarner Inc. (BWA) the Best Small Cap EV Stock to Invest In?

We recently published a list of the 11 Small Cap EV Stocks to Invest In. In this article, we are going to take a look at where BorgWarner Inc. (NYSE:BWA) stands against the other small-cap EV stocks to invest in. The electric vehicle (EV) industry was growing at a strong pace over the last few… Continue reading Is BorgWarner Inc. (BWA) the Best Small Cap EV Stock to Invest In?