The weak economic situation continues to make it difficult for Germany’s leading stock exchange companies. In the first nine months, the profit before taxes and interest (EBIT) of the 100 companies with the highest sales shrank to 102 billion euros – a decrease of 15 percent compared to the same period last year. This emerges… Continue reading German Manager Magazine: EY analysis: Profit slump and job losses at top German companies 2025004623
Tag: Daimler
German Handelsblatt: Mercedes CLA: Mercedes also wants to become more economical with combustion engines012123
The new Mercedes CLA uses a new 48-volt hybrid system. Even with a petrol engine, the model is often electrically powered. What the new system can and cannot do. Go to Source
JSW MG Bets on Extended Buyback to Address EV Resale Concerns
Concerns over the resale value of electric vehicles remain one of the key hurdles to faster adoption of EVs in India. While OEMs have introduced assured buyback programs, JSW MG Motor is now offering an extended buyback program that guarantees a fixed resale value for EVs for up to five years. The automaker says this… Continue reading JSW MG Bets on Extended Buyback to Address EV Resale Concerns
JSW MG Bets on Extended Buyback to Address EV Resale Concerns
Concerns over the resale value of electric vehicles remain one of the key hurdles to faster adoption of EVs in India. While OEMs have introduced assured buyback programs, JSW MG Motor is now offering an extended buyback program that guarantees a fixed resale value for EVs for up to five years. The automaker says this… Continue reading JSW MG Bets on Extended Buyback to Address EV Resale Concerns
Why the BMW 3 Series still rules after 50 years
The roll call of cars that were on the scene 50 years ago and which are still being built today is short. It gets shorter still if you stipulate a perfect, unbroken run of production. If you then dismiss those cars whose name has lingered but whose physical form has flitted from one class to… Continue reading Why the BMW 3 Series still rules after 50 years
German FAZ: Verdi boss wants to keep companies free of right-wing ideas010383
Verdi boss Frank Werneke wants to keep companies in Germany as free as possible from right-wing ideas and AfD-affiliated forces. The “acid test” would be the works council elections in the spring, “where we will of course look closely to see whether AfD-affiliated lists or individuals are trying to conquer the company space for themselves,”… Continue reading German FAZ: Verdi boss wants to keep companies free of right-wing ideas010383
German FAZ: From diesel fumes to charging stations010384
On Harrison Street in the middle of San Francisco, charging stations are in high demand in the early afternoon. In a former warehouse, just a few blocks from the financial district and Chinatown, twenty fast-charging stations are lined up, and hardly any of them are free. A Jaguar I-Pace, a Volkswagen ID.4 and several Mercedes… Continue reading German FAZ: From diesel fumes to charging stations010384
German FAZ: These are the managers of the year 010383
It’s rarely boring with Alex Karp. For his Christmas speech this year, the manager shot a video that shows him cross-country skiing. Karp is a fan of winter sports and explains that it’s similar to his business: you train and sleep and train while others are having fun. But at some point you glide through… Continue reading German FAZ: These are the managers of the year 010383
How a German Prince created a Vauxhall legend
We’ve heralded the 1911 Vauxhall Prince Henry as one of the most influential cars of the 20th century, being perhaps the first proper production sports car. But what was the inspiration behind it? And who was Prince Henry? His name was actually Heinrich, and he was Prince of Prussia (the dominant state within the German… Continue reading How a German Prince created a Vauxhall legend
CATL Pushes Global Expansion as China EV Growth Slows
This article first appeared on GuruFocus. CATL’s battery manufacturing scale continues to stand out as global EV demand evolves. At its flagship facility in Ningde, the company operates a largely automated production line capable of producing up to 60 gigawatt-hours of lithium-ion batteries annually, a volume described as sufficient to power roughly 1 million Model… Continue reading CATL Pushes Global Expansion as China EV Growth Slows