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DW Business May 22, 2019 16:45:00

One of the most recognizable faces of corporate germany. Is vacating the drivers seat a diner a quirky chief executive is credited with saving the maker of a sadies but he leaves his successor to deal with the tricky transition to electric vehicles and digital technology. A grateful goodbye from shareholders after 13 years at the helm. We cannot and will not remain satisfied with the current levels of profitability efficiently i can assure you the time the team is drawing even more motivation to work with full energy towards our annual targets. That message will be welcome following years in which share prices have been rocky profits slumped in 2018 after several good years. Sure spent more than 4 decades at a time as head of the Chrysler Division he became affectionately known in the us as dr z. Even appeared in. This 5 Play Real Suspension is only one example small ....

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Detailed text transcripts for TV channel - DW - 20190522:17:19:00

We did see that profit slump in 2018 and it s not coming out of time away or 3rd making this move to invest a lot of really expensive projects like trying to go carbon neutral by 20 or $39.00 now that s not going to be free it s also having to do clean up after the emissions cheating scandal and those are just the internal factors you also have external things like global trade uncertainty weakening in its most important market china as a result of this do you see any crying shareholders today you know despite all those downsides that i just mentioned they are genuinely sad to see him go i was even talking to one shareholder who sort of bemoaned the loss of the good old days where car makers were about building cars and not trying to build new mobility concepts or whatever and i guess for him is that she feels the departure of such a feels like a bookend to that era so yes i m not quite tears but sad faces well such as retirement hasn t escaped notice of dying was competitive b.m.w. th ....

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Detailed text transcripts for TV channel - DW - 20190522:16:48:00

Retirement hasn t escaped the notice of don was competitive b.m.w. this is quite interesting it marked the occasion by going all out with this video a double playing the boss bidding farewell to stuff and gliding off into retirement in a wait for it m.w. didn t take long to dial a social media team to respond though they tweeted we guess our boss would rather really rely on real balls for his retirement right that s quite funny for a german judge very good. at the stock exchange what s the market reaction not to those social videos social media videos but certain such as return. well i wouldn t look at the market reaction too much because shares for are down 1.6 percent but that on a day where most of the market does down anyways so i would not necessarily put that right on said she here but it is interesting to see that as beloved. said she was in the corporate community is also from the perspective of shareholders it was ....

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