Showing 1 - 2 of 2
Asia focus, Erich Parpart, Published on 22/07/2019
» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.
Published on 09/04/2015
» WOLFSBURG, GERMANY — Technology giants Google and Apple are muscling their way into the auto industry and the last thing carmakers in Germany can afford to do is stick their collective heads in the sand.