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Author: Handelsblatt in German Online News

German Handelsblatt: Volkswagen subsidiary: Audi profit collapses almost completely – high costs for factory closure010031

The corporate brands Lamborghini and Bentley just saved the Ingolstadt-based company from making a loss in the third quarter. But there is good news for employees. Go to Source

Published November 6, 2024
Categorized as Automotive, German Press Tagged Financial Results, Manufacturing, People, VW

German Handelsblatt: Volkswagen subsidiary: Audi profit collapses almost completely – high costs for factory closure010030

The corporate brands Lamborghini and Bentley just saved the Ingolstadt-based company from making a loss in the third quarter. But there is good news for employees. Go to Source

Published November 5, 2024
Categorized as Automotive, German Press Tagged Financial Results, Manufacturing, People, VW

German Handelsblatt: VW subsidiary: Porsche shares at record low – Why investors should take a closer look right now010029

The sports car manufacturer’s securities have lost more than 45 percent of their value since their peak. But several analysts still find the stock interesting – and not just because it is cheap. Go to Source

Published November 5, 2024
Categorized as Automotive, German Press Tagged VW

German Handelsblatt: Volkswagen subsidiary: Audi profit collapses almost completely – high costs for factory closure010028

The corporate brands Lamborghini and Bentley just saved the Ingolstadt-based company from making a loss in the third quarter. But there is good news for employees. Go to Source

Published November 5, 2024
Categorized as Automotive, German Press Tagged Financial Results, Manufacturing, People, VW

German Handelsblatt: Suppliers: Schaeffler is cutting thousands of jobs – most in Germany010027

The job cuts come just a few weeks after the completion of the Vitesco takeover. There is great anger at the affected locations. However, CEO Klaus Rosenfeld defends the deal. Go to Source

Published November 5, 2024
Categorized as Automotive, German Press Tagged M and A, People, Tier 1 Suppliers

German Handelsblatt: BMW owners: “Susanne Klatten and Stefan Quandt do not want to be labeled as heirs”010026

From the Handelsblatt archive: Hardly anyone knows the BMW family like Rüdiger Jungbluth. In his book he explains how the family deals with the inheritance over the generations and what concerns the Quandts and Klattens. Go to Source

Published November 5, 2024
Categorized as Automotive, German Press Tagged BMW

German Handelsblatt: Volkswagen subsidiary: Audi profit collapses almost completely – high costs for factory closure010025

Lamborghini and Bentley just saved the Ingolstadt team from making a loss in the third quarter. But there is good news for employees. Go to Source

Published November 5, 2024
Categorized as Automotive, German Press Tagged Financial Results, Manufacturing, People, VW

German Handelsblatt: Suppliers: Schaeffler is cutting thousands of jobs – most in Germany010024

The crisis in the automotive industry is affecting suppliers. In Germany alone, around 2,800 jobs are affected. CEO Klaus Rosenfeld still sees opportunities. Go to Source

Published November 5, 2024
Categorized as Automotive, German Press Tagged People, Production/Sales News, Tier 1 Suppliers

German Handelsblatt: Volkswagen subsidiary: Audi profit collapses almost completely – high costs for factory closure010023

Lamborghini and Bentley just saved the Ingolstadt team from making a loss in the third quarter. But there is good news for employees. Go to Source

Published November 5, 2024
Categorized as Automotive, German Press Tagged Financial Results, Manufacturing, People, VW

German Handelsblatt: Suppliers: Schaeffler is cutting thousands of jobs – most in Germany010022

A net 3,700 jobs will be lost across Europe. The decisive factor is the integration of Vitesco and the slump in the industrial division. At the same time, Schaeffler presents weak figures for the third quarter. Go to Source

Published November 5, 2024
Categorized as Automotive, German Press Tagged People, Tier 1 Suppliers

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