German Handelsblatt: Volkswagen: Volkswagen achieves significant increase in sales and profits – shareholders receive higher dividends003939

Volkswagen – good in the old year, many worries in the new Volkswagen in Wolfsburg: The car company was able to cope well with the lack of chips last year. But now the Ukraine war is causing great concern. (Photo: Bloomberg) The Volkswagen Group fared better last year than expected in financial circles and most… Continue reading German Handelsblatt: Volkswagen: Volkswagen achieves significant increase in sales and profits – shareholders receive higher dividends003939

War in Ukraine puts shipping’s recovery in jeopardy

Russia’s ongoing invasion of Ukraine has the shippingindustry bracing for new shocks to its labor force, which relies on experienced crew from both countries. Ukrainian and Russian seafarers make up nearly 15% of the industry’s 1.9 million seafarers and a high proportion of its officers and ranked crew. Now Ukraine has conscripted men under 60… Continue reading War in Ukraine puts shipping’s recovery in jeopardy

German Handelsblatt: Board remuneration: Mercedes boss Ola Källenius now earns 6.1 million euros003935

Ola Källenius Im Durchschnitt haben die Mercedes-Vorstände im vergangenen Jahr 2,1 Millionen Euro verdient. (Foto: dpa) Für Mercedes-Benz lief es zuletzt prächtig. Trotz des branchenweiten Chipmangels konnte der Stuttgarter Autobauer seinen Betriebsgewinn im vergangenen Jahr mehr als vervierfachen, auf 29,1 Milliarden Euro. Die Umsatzrendite stieg auf 12,7 Prozent. So profitabel war die Marke mit dem Stern… Continue reading German Handelsblatt: Board remuneration: Mercedes boss Ola Källenius now earns 6.1 million euros003935

At the Movies: For 14th Year Running, NVIDIA Technologies Power All VFX Oscar Nominees

For the 14th consecutive year, each Academy Award nominee for the Best Visual Effects used NVIDIA technologies. The 94th annual Academy Awards ceremony, taking place Sunday, March 27, has five nominees in the running: Dune Free Guy No Time to Die Shang-Chi and the Legend of the Ten Rings Spider-Man: No Way Home NVIDIA has… Continue reading At the Movies: For 14th Year Running, NVIDIA Technologies Power All VFX Oscar Nominees

German Handelsblatt: Auto industry: BMW announces record profit – dividend more than triple003927

BMW i4 The future of the car manufacturer is electric – and characterized by a focus on luxury. (Photo: Reuters) The BMW Group reports record results for the past year 2021. The bottom line is that Munich posted a net profit of 12.5 billion euros, which is more than three times as much as in… Continue reading German Handelsblatt: Auto industry: BMW announces record profit – dividend more than triple003927

German Manager Magazine: ID.Buzz, Anton Piech, Tesla, Nickel, Palladium: manage:mobility from manager magazin001606

One of the most spectacular electric car projects in Europe is hidden behind the name Piëch Automotive. Anton Piëch (43), son of the car patriarch Ferdinand Piëch, wants to launch a puristic high-end electric sports car with a “miracle battery” on the market in 2024. He had gathered an all-star team around him: Former Volkswagen… Continue reading German Manager Magazine: ID.Buzz, Anton Piech, Tesla, Nickel, Palladium: manage:mobility from manager magazin001606

Ukraine war impact reverberates through world’s factory floor

The cost of manufacturing household goods in Asia is being driven even higher by surging energy and commodities prices triggered by Russia’s invasion of Ukraine, adding fuel to the fastest global inflation breakout in decades. The warnings from Asia, the world’s biggest manufacturing region, underscore how the war in Ukraine is piling pressure on factory… Continue reading Ukraine war impact reverberates through world’s factory floor

German Handelsblatt: Car manufacturer: BMW calls hundreds of thousands of cars into the workshops in North America003921

BMW X3 Among other things, the cars BMW X 3 and X5 from the year 2006 to 2013 are affected by the recall. A valve could overheat as a result of a short circuit. (Photo: dpa) The car manufacturer BMW calls almost a million cars into the workshops in North America. Up to 917,106 cars… Continue reading German Handelsblatt: Car manufacturer: BMW calls hundreds of thousands of cars into the workshops in North America003921

German Handelsblatt: Car manufacturer: Parts are missing: Porsche interrupts production of the e-bestseller Taycan003917

Porsche factory in Stuttgart Employees manufacture a Porsche Taycan. Now production has to be stopped due to missing parts from Ukraine. (Photo: dpa) Due to missing parts in connection with the war in Ukraine, the sports car manufacturer has to stop production of the Taycan electric car at the main plant in Stuttgart-Zuffenhausen from now… Continue reading German Handelsblatt: Car manufacturer: Parts are missing: Porsche interrupts production of the e-bestseller Taycan003917