German Manager Magazine: Porsche: Profit collapses in the first quarter due to high costs003285

The car manufacturer has high upfront costs for new models and weak sales Porsche with CEO Oliver Blume (55) brought a decline in profits in the first quarter. From January to March, the operating result fell by 30 percent to 1.28 billion euros, as Porsche announced on Friday. According to data from LSEG, analysts had… Continue reading German Manager Magazine: Porsche: Profit collapses in the first quarter due to high costs003285

German Manager Magazine: Autopilot system: US supervisory authority examines Tesla recall after further accidents003285

The US regulator takes the latest one Tesla-Recall under the microscope. The question is whether installing new safety measures for the autopilot in two million Tesla cars is sufficient. which the company announced in December. The NHTSA agency said on Friday that there were concerns after accidents occurred with the upgraded vehicles with the update.… Continue reading German Manager Magazine: Autopilot system: US supervisory authority examines Tesla recall after further accidents003285