Tenbagger2024 · 2024-09-19T07:40:41.179198Z

German carmaker invests. BMW steps on the gas. $BMW https://efahrer.chip.de/news/e-auto-meilenstein-bmw-gelint-was-porsche-und-audi-nicht-hinkriegen_1022270

9Lun

German car manufacturer
Not a German location
🙃 Unfortunately, Germany no longer has an advantage due to its bureaucracy

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Das Portfoliopferd@Portfoliopferd

9Lun

@Variett If you have no idea, just keep it down. The plant in Steyr has been in existence since 1979 and is BMW's largest engine plant and has always played a central role, particularly in the development and production of engines. Btw, in case the energy cost argument comes up next: green electricity, district heating and biomass are also used there.

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Tenbagger2024@Tenbagger2024

9Lun

@Portfoliopferd
Given VW's massive problems, I don't think the government will be able to avoid putting together a package.
In which e-cars are subsidized.
The election campaign is starting and there is no way around saving jobs at VW
But BMW should also benefit from this.

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Manuel@Variett

9Lun

@Portfoliopferd Well, you will agree with me that even an expansion in Germany takes a disproportionately long time.

In terms of actual costs, Austria is not much more attractive, but my comment was not about that, but about the bureaucracy and the water head that we unfortunately have.

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Das Portfoliopferd@Portfoliopferd

9Lun

@Variett So the bureaucracy has suddenly come with the new government, or has it even improved since then?
The expansion of renewable energies, for example, has been greatly improved by the BlmSchG amendment, and the OZG and E-GovG have also been passed. However, the BEG IV could definitely be better. But after 10 years of digital standstill and the Internet as new territory, I wouldn't blame Scholz here, even if I don't like him.

Yes, there is a lot of bureaucracy, but you can see how quickly Tesla was able to build the factory if they wanted to.

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Manuel@Variett

9Lun

@Portfoliopferd nowhere did I blame the current government, there has been too much bureaucracy for a very long time :D
I'm also referring more to the years of digital gridlock.
The Tesla factory is rather a bad example, even if I can understand the example, since they have violated the law several times (e.g. building without a permit). However, the penalties were more of a sign than anything else.
But wind farms / solar parks are actually progressing more quickly in some areas.

Just not in a European or global comparison (which is my main point of criticism). Expansions are now often faster than they used to be. Nevertheless, many still miss the promised efficiency of the German system.

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Tenbagger2024@Tenbagger2024

9Lun

@Variett
It often fails because of eternal citizen protests, or because the turtles 🐢 like to organize a hiking day in the area.

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FunFun@__FunFun__

9Lun

@Variett because bureaucracy has only been a problem since this government Ger?

Of course it wasn't there before ...

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Manuel@Variett

9Lun

@__FunFun__ same answer as I gave Mr. Horse: nowhere did I claim that the problem has only existed since this government.
I was referring to DE in general in a European comparison

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BundesAktienMinister@BundesAktienMinister

9Lun

A few days ago, I bought a small drop at €70 per share. A good feeling to have this company in the portfolio.

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Tenbagger2024@Tenbagger2024

9Lun

Yes, these are difficult times for the automotive industry.
The only thing keeping me in Mercedes is the dividend.
Otherwise, my top pick is Ferrari.

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Memo0606@Memo0606

9Lun

@Tenbagger2024 ferrari sick expensive

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Tenbagger2024@Tenbagger2024

9Lun

@Memo0606
That's a different league
Take a look at the margins.
You can't compare Ferrari with normal car manufacturers.
car manufacturers.
You wait several years after ordering a Ferrari and are prepared to pay any price for it.
Ferrari is not subject to competition and dictates its own prices.

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Memo0606@Memo0606

9Lun

@Tenbagger2024 i really want the share but i'm waiting

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Tenbagger2024@Tenbagger2024

9Lun

@Memo0606
Memo You are the best.
Nice to write with you

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Smudo@Smudeo

9Lun

Here is the short version of what the link is actually about
We have almost become accustomed to years of delays in major German projects, but BMW is proving that things can be done faster. Pre-series production for the new generation of electric motors has already started in Steyr, Austria. From 2025, they will form the heart of the New Class.

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Tenbagger2024@Tenbagger2024

9Lun

@Smudeo
Thank you, then Tesla can buckle up.

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