Tag: BAIC
BMW & Daimler are turning more to China – and are becoming more dependent
BMW Brilliance Automotive (BBA) plant At the beginning of next year, the Munich-based company will take over the majority in the Chinese production joint venture with Brilliance. (Photo: dpa) The…
Central banks under stress against inflation – Handelsblatt Morning Briefing
Good morning dear readers, this wake-up call begins with a few tectonic shifts in the global economy. It doesn’t happen every morning either. One concerns the subject of inflation, which…
The Chinese hold almost 20 percent in Daimler
Mercedes Star Mercedes-Benz builds cars for the Chinese market with BAIC. (Photo: picture alliance / ASSOCIATED PRESS) Munich What Lower Saxony is to Volkswagen, China is now to Daimler: a…
Mercedes wants to build giant electric sedans in China from 2024
Mercedes EQS at the auto show in Shanghai The model will appear in 2022 as a sedan and SUV – a variant called SUS could be added later. (Photo: imago…
Conflict between China and the USA divides the global economy
USA versus China The world powers are mutually raising their economic walls, covering each other with tariffs and mutual sanctions. Berlin, Beijing The concern should be noted on Oliver Hermes.…
Washington and the Strategic Oil Reserve – Handelsblatt Morning Briefing
the persistently high oil price gives the United States the idea of a rare self-defense measure. The Washington government is discussing tapping into the country’s strategic oil reserve. The depots…
The blonde revolution against Facebook – Handelsblatt Morning Briefing
the world now knows the face of Frances Haugen. A woman who now reported to the US Senate about her experiences in the data company Facebook, a power of monopoly…
How the fear of inflation works – Handelsblatt Morning Briefing
After years of inciting inflation, which amounted to chants of the rain conjuring in extreme drought, suddenly too many of the once coveted percentage points are now to be registered.…
German car manufacturers are becoming dependent on China
Car traffic in China The Chinese market is vital for German manufacturers. (Photo: Getty Images; Per-Anders Pettersson) Munich, Berlin When the Daimler shareholders decide on the split-up of the group…
As Daimler writes in its stock market story
Mercedes EQ In the midst of the corona crisis, Daimler was particularly at risk, says CFO Harald Wilhelm. (Photo: http://media.daimler.com) Munich High demand, substantial profits, a rosy outlook: the Daimler…