Herbert Diess is the new CEO of Volkswagen. As the successor of Matthias Müller, he faces great challenges. In the first few hours he already shows what to expect from him. Friday, 13.04.2018 16:57 clock The location at Volkswagen reminiscent of a divorce. The former husband raised the children, and they do not like to… Continue reading “Better a bandage of ships than a battleship”
Tag: Financial Results
Auto stocks in the acid test
e It was the German afternoon on Friday afternoon, when the 45th President of the United States was doing his favorite thing in faraway Washington: Donald Trump tweeted. His message moved – as the President likes it – immediately the stock exchanges. In Germany, shortly before the market closed, the prices of German automakers Daimler,… Continue reading Auto stocks in the acid test
Stefan Sommer becomes Volkswagen Board Member
D he after a power struggle with the supplier ZF Retired former CEO Stefan Sommer changes to the world’s largest carmaker. There, he takes over a VW release on Monday evening according to the procurement department. Sommer follows the long-term purchasing director Francisco Javier Garcia Sanz, who left the group at his own request. Volkswagen… Continue reading Stefan Sommer becomes Volkswagen Board Member
Auto duties are not off the table
D onald Trump threatens with additional duties on cars and car parts. The consequence of this would be grave, especially compared to the import surcharges for steel and aluminum, which the American president has already set in motion for manufacturers from Europe. The stock market development of BMW, Daimler and Volkswagen speaks for itself –… Continue reading Auto duties are not off the table
A Double First in China for Advanced Nuclear Reactors
Photo: SNPTC Nine years after construction began at China’s Sanmen nuclear power plant, the world’s first AP1000 unit has connected to the grid. Call it the world’s slowest photo finish. After several decades of engineering, construction flaws and delays, and cost overruns—a troubled birth that cost their developers dearly—the most advanced commercial reactor designs from… Continue reading A Double First in China for Advanced Nuclear Reactors
Why Consider Disability and Long-Term Insurance?
Figure 1. A screenshot of the Disability Income Needs Calculator from IEEE. Source: IEEE Disability and long-term care insurance provide a source of income in the event that your ability to work is interrupted. Both help you pay bills and provide income, but there are important differences. Each plan offers specific benefits that are unique… Continue reading Why Consider Disability and Long-Term Insurance?
Adjustments to the conversion conditions following the payment of dividend for the non-dilutive convertible bonds due 2023
Les pages suivantes contiennent des informations relatives à l’émission d’obligations convertibles non-dilutives remboursables uniquement en numéraire de Michelin, qui fera l’objet en France d’un placement privé auprès des seules personnes visées à l’article L.411-2 II du Code monétaire et financier. Ce site internet et les informations qui y figurent ne sont pas destinés et ne doivent… Continue reading Adjustments to the conversion conditions following the payment of dividend for the non-dilutive convertible bonds due 2023
Musk’s dangerous arrogance
e It’s amazing how self-esteem and track record can diverge. The electric vehicle manufacturer has no 30,000 cars Tesla shipped in the first quarter, $ 3.4 billion implemented and a total of more than a billion dollars of money burned. By contrast, Ford has delivered 1.67 million vehicles, $ 42 billion in revenue and $… Continue reading Musk’s dangerous arrogance
Investors sell car values and Beiersdorf
S The high level of losses on automotive stocks and Beiersdorf shares pushed the German stock market down sharply on Thursday. The F.A.Z. Index, which is 100 times broader in the market, yields 0.92 percent to 2450 points. The default Dax index yielded 0.85 percent to 12,587 points. The prices also fell in New York.… Continue reading Investors sell car values and Beiersdorf
Ford throws several models from his program
B a second largest American automaker ford shows the austerity effect – the profit rose sharply at the beginning of the year. The group nevertheless announced further massive cost reductions. By 2022, $ 25.5 billion should be saved, as Ford announced Wednesday after the US market close. The effort is radically accelerated – in the… Continue reading Ford throws several models from his program