– Folk Tales in Shanghai After the latest revelations about human rights violations, the federal government will apparently no longer protect VW in China for investments. – (Photo: dpa) – – – – Frankfurt For the first time, the Federal Ministry of Economics has refused a German company investment guarantees for China in connection with … Read more
Volkswagen, the world’s second largest manufacturer of electric vehicles in terms of volume, is “sold out” for battery-powered models in the US and Europe for this year, as persistent bottlenecks in supply chains affect production, reports Financial Times. The VW Group sold just over 99,000 electric models globally in the first quarter. The group includes … Read more
Part 1 was about a digital company that has become the leading e-car manufacturer (missing link: Tesla, the drive turnaround and the legacy problem of the auto industry, October 17, 2021). What is missing: In the fast-paced world of technology, there is often the time to re-sort all the news and background information. At the … Read more
Because of the pandemic, Argentina had to forego hosting a round of the World Rally Championship (WRC) in the last two years, and there are high hopes that the WRC will return soon. In an interview with Argentinian media Motorbox Radio, David Edeli, coordinator of the rally, gave an update on the situation of this … Read more
Bernhard Fischer-Appelt “CEOs shouldn’t vent every opinion bubble.” – (Photo: FischerAppelt) – – – – Düsseldorf Bernhard Fischer-Appelt is back from the future. The 56-year-old was recently at the South by Southwest (SXSW) technology festival in Austin, Texas. The head of the agency found the presentations by the New York marketing professor Scott Galloway and … Read more
Düsseldorf Even if it’s cynical: wars and catastrophes are always expressed in cold numbers on the stock exchanges. It was the same after Putin’s attack on Ukraine. The German leading index Dax lost a good 15 percent after the Russian invasion. About three quarters of the losses have now been made up for, probably also … Read more
– Mark Zuckerberg The Meta boss was surprisingly seen virtually at the SXSW tech fair. – Bild: © 2021 Bloomberg Finance LP – Austin, Texas He was the surprise virtual guest at South by Southwest in Austin, Texas: Mark Zuckerberg, the founder and CEO of Facebook — today’s meta — announced his attendance just a day … Read more
– car industry 36 percent of the companies rate their situation as good, 26 percent as bad. – (Photo: dpa) – – – – Berlin The German Chamber of Commerce and Industry (DIHK) sees the deteriorating situation in the auto industry as a significant burden for Germany as a business location. “The automotive industry with … Read more
Exclusive Two studies say: The corporations talk about climate protection, but they invest too little. The profits of DAX companies have risen sharply in recent years, and dividends have increased even more. Suddenly, all corporate bosses want to be green. And not just since the global community was preparing to save the planet at the … Read more
Düsseldorf The world economy is growing faster than it has been in almost 50 years. At the same time, more and more industries are reaching their capacity limits. Now companies are reacting by drastically ramping up their investments: in 2021 an expected 13 percent to 3.1 trillion euros worldwide. The last time there was similarly … Read more