Because of potentially faulty brakes, the car manufacturer has to launch one of the most expensive recalls in the company’s history. The broken relationship with supplier Conti is likely to become even frostier. Go to Source
Author: Handelsblatt in German Online News
German Handelsblatt: Auto industry: BMW cancels its profit forecast – auto stocks collapse009648
Because of potentially faulty brakes, the car manufacturer has to launch one of the most expensive recalls in the company’s history. The broken relationship with supplier Conti is likely to become even frostier. Go to Source
German Handelsblatt: Volkswagen: Weil calls for rapid talks on the VW crisis009647
VW wants to tighten its savings plans. Lower Saxony’s Prime Minister Weil is pushing for talks between management and the works council. He makes this clear during a factory visit in Emden. Go to Source
German Handelsblatt: Volkswagen: Dealer letter: VW increases prices for combustion engines – no information on electric models009646
VW needs money. This should come into the coffers not only from austerity measures, but obviously also from price increases. The prices for these models rise significantly. Go to Source
German Handelsblatt: Auto industry: BMW cancels its profit forecast – auto stocks collapse009645
Because of potentially faulty brakes, the car manufacturer has to launch one of the most expensive recalls in the company’s history. The broken relationship with supplier Conti is likely to become even frostier. Go to Source
German Handelsblatt: Volkswagen: Crisis in Wolfsburg: VW actually cancels the job guarantee – What does that mean for the workforce?009644
The car company is serious about its threat and has canceled job security. However, the move has a crucial catch for the company. Go to Source
German Handelsblatt: Volkswagen: Crisis at Europe’s largest car manufacturer: VW cancels job guarantee – what does that mean for the workforce?009643
The car company is serious about its threat and has canceled job security. However, the move has a crucial catch for the company. Go to Source
German Handelsblatt: Auto suppliers: Thousands of ZF employees protest against job cuts009642
For the works council it is a “frontal attack”: Thousands of employees are defending themselves against massive job cuts at the automotive supplier ZF. The management also spoke up. Go to Source
German Handelsblatt: Auto industry: BMW recalls up to 1.5 million cars and collects profit target 009639
Because of potentially faulty brakes, the car manufacturer has to review its model range. As a result, BMW cannot achieve its margin targets. Go to Source
German Handelsblatt: Corporate Governance: From VW to Siemens to Allianz – Many DAX supervisory boards are no longer considered independent009640
According to new investor guidelines, a third of the leading DAX controllers are no longer considered independent. What the new rules justify – and which business leaders are affected. Go to Source