Just establishing values is not enough. You have to live them. That is often easier in family businesses with a rich tradition. They are the businesses whose formulas often sound amazingly simple, feel timeless and become “classics.” Just like Dutch building company Ten Brinke, established in 1902 as a local construction business: “My father taught… Continue reading @VW Group: The Principle—no Job half-done007139
Tag: Strategy
@VW Group: FIA WEC: Porsche Penske Motorsport with best-placed LMDh prototype at Spa007137
The race The second racing car fielded by the works team had to retire shortly before the first driver change due to an electrical fault. The Hertz Team Jota squad brought the first customer-run Porsche 963 over the finish line in sixth place. In the GTE-Am class, Proton Competition came fourth with the Porsche 911… Continue reading @VW Group: FIA WEC: Porsche Penske Motorsport with best-placed LMDh prototype at Spa007137
Cryoport Reports First Quarter 2023 Results
Record revenue of $63 million, representing 20% growth year-over-year Growth across all lines of business: Biopharma/Pharma revenue up 19%; Animal Health revenue up 30%; Reproductive Medicine revenue up 13% year-over-year Commercial Cell and Gene Therapy revenue up 28% year-over-year, now supporting 82 Phase 3 clinical trials Strong balance sheet with $523 million in cash and short-term… Continue reading Cryoport Reports First Quarter 2023 Results
Philipp Grosse Kleimann to head aftermarket business unit of MAHLE Group
Philipp Grosse Kleimann & Olaf Henning Philipp Grosse Kleimann (52) is to be the new Head of the Aftermarket business unit and a Member of the MAHLE Management Committee from August 1, 2023. In this function, he will report directly to the CEO. “Philipp Grosse Kleimann has many years of management experience in the automotive… Continue reading Philipp Grosse Kleimann to head aftermarket business unit of MAHLE Group
@BMW: BMW Returns as Official Automotive Partner for the 76th Edition of the Cannes Film Festival.002694
Woodcliff Lake, NJ – May 4, 2023… BMW is the Official Automotive Partner of the 2023 Cannes Film Festival, returning to the international gathering of creators and artistic visionaries in the South of France for the second time in a major way with a new BMW Films production starring the BMW i7 M70 xDrive alongside… Continue reading @BMW: BMW Returns as Official Automotive Partner for the 76th Edition of the Cannes Film Festival.002694
@BMW: Statement and Presentation Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2023002693
Good Morning, Ladies and Gentlemen. As expected, the BMW Group started 2023 with a solid performance. Group earnings came in at around 5.1 billion euros – with a Group EBT margin of 13.9%. After the first three months of the year, the Automotive Segment delivered an EBIT margin of 12.1%. We achieved this in the face of persistently… Continue reading @BMW: Statement and Presentation Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2023002693
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2023002692
Ladies and Gentlemen, The BMW Group has a strong global footprint. It serves as a local partner in individual regions of the world, contributing positively to industrial economic value in all. We currently have production sites at 31 locations on five continents. We also have research and development centres in 17 countries – not to mention… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2023002692
@BMW: BMW Group achieves healthy margins in volatile environment thanks to high demand002691
Munich, Germany – May 4, 2023 …With its fresh and attractive portfolio and a strong product mix, the BMW Group continued on its successful course in the first quarter of 2023. The company’s strong operating performance was confirmed by its margins: The Group EBT margin for the three-month period came in at 13.9%, while the EBIT margin for the Automotive Segment increased… Continue reading @BMW: BMW Group achieves healthy margins in volatile environment thanks to high demand002691
@BMW: BMW Group Quarterly Statement to 31 March 2023002690
Attached please find the Quarterly Statement to 31 March 2023 for download.The telephone conferences for journalists and analysts will be broadcast on our website at 10:00 a.m. (CEST) and 2:00 p.m. (CEST) respectively. BMW Group In AmericaBMW of North America, LLC has been present in the United States since 1975. Rolls-Royce Motor Cars NA, LLC began… Continue reading @BMW: BMW Group Quarterly Statement to 31 March 2023002690
Sony makes game engine pillar of its EV strategy
TOKYO — Which company is more profitable, automotive component manufacturer Denso, or electronics parts maker Murata Manufacturing? Let us investigate this question using the consolidated operating income for the fiscal year ended March. Although both companies make components, the two are not often compared. This may change, however, as electric vehicles become more common and… Continue reading Sony makes game engine pillar of its EV strategy