Automotive industry: Volkswagen sales slump by a third in May

Volkswagen Deliveries slumped 45 percent in April. (Photo: AP) Wolfsburg Volkswagen sold significantly fewer vehicles worldwide due to the corona crisis. However, the decline in May, at minus 33.7 percent to 609,400 vehicles, was less pronounced than in the previous month. Deliveries slumped 45 percent in April because production in Europe stopped and the trade… Continue reading Automotive industry: Volkswagen sales slump by a third in May

Leadership crisis: Drama about dies: The VW boss loses support

Herbert Diess The Volkswagen boss, here shortly after starting in spring 2018, weakened his position with a harsh attack on the supervisory board. (Photo: Reuters) Dusseldorf, Frankfurt offensive Volkswagen-Boss Herbert Diess can hardly place his message to the top of the supervisory board. In front of 3400 top managers, he accused the members of the… Continue reading Leadership crisis: Drama about dies: The VW boss loses support

Chaos at Volkswagen: VW boss accuses supervisory boards of breach of law – supervisors discussed Diess kicking out

Herbert Diess Frankfurt would have been more prominent Volkswagen-Boss Herbert Diess can hardly place his message to the top of the supervisory board. In front of 3400 top managers, he accused the members of the executive committee that they had pierced the company’s internal media. “These are crimes that happen in the presidency and can… Continue reading Chaos at Volkswagen: VW boss accuses supervisory boards of breach of law – supervisors discussed Diess kicking out

Comment: The crack between Diess and the VW supervisory board can hardly be repaired

Herbert Diess and Hans Dieter Pötsch There is currently little to suggest that the CEO and the Supervisory Board could find each other again. (Photo: dpa) In Wolfsburg an unwritten law applies: The Volkswagen group and the brand Volkswagen should be managed by the same person if possible. The employee side in particular has repeatedly… Continue reading Comment: The crack between Diess and the VW supervisory board can hardly be repaired

Head of Mercedes-Benz Philipp Schiemer: “Brazil and Latin America have clearly become less attractive”

Philipp Schiemer The Brazil head of Mercedes-Benz misses economic reforms and also thinks that the Mercosur agreement will no longer come about. (Photo: Bloomberg) Mr. Schiemer, Brazil has become the epicenter of the global pandemic. Does President Jair Bolsonaro’s government fail? the government leaves much to be desired. The constant political disputes are also unsettling.… Continue reading Head of Mercedes-Benz Philipp Schiemer: “Brazil and Latin America have clearly become less attractive”

Car maker: power struggle for Opel pension: works council rages, indignation among the workforce

Opel company pension The topic is highly sensitive because it is about huge sums. Opel puts the pension assets of its German employees in 2018 at more than 2.3 billion euros. (Photo: Reuters) Munich plant closings, job cuts, salary cuts: The corona crisis hits the auto industry “particularly hard”, writes OpelHR Manager Ralph Wangemann in… Continue reading Car maker: power struggle for Opel pension: works council rages, indignation among the workforce

Corona crisis: VW boss Diess apparently plans austerity measures

Herbert Diess The VW boss plans massive savings. (Photo: Bloomberg) Berlin Volkswagen boss Herbert Diess urges a media report in the corona crisis on savings. That have This Recently made clear in a speech to top managers of the group, the industry magazine “Automobilwoche” reported on Saturday, citing participants. “We have to cut R&D expenditure,… Continue reading Corona crisis: VW boss Diess apparently plans austerity measures

Michael Brecht: Daimler works council chief criticizes SPD for stance on car bonus

Michael Brecht The general works council chairman criticizes the SPD. (Photo: dpa) Stuttgart After the No to a general car purchase bonus goes Daimler– General works council chief Michael Brecht especially with the SPD-Till hard in the court. Brecht told the German press agency that he himself and his counterparts from the automotive and supplier… Continue reading Michael Brecht: Daimler works council chief criticizes SPD for stance on car bonus

Automaker: Software defects fixed: VW delivers Golf 8 back to its customers

A Golf in production in Wolfsburg The car can go back to the customer, VW has lifted the delivery freeze. (Photo: dpa) Düsseldorf The Volkswagen group has lifted the delivery freeze for the new Golf 8. This was confirmed on Thursday by a group spokesman in Wolfsburg. Since mid-May were due to a software bug… Continue reading Automaker: Software defects fixed: VW delivers Golf 8 back to its customers

Car maker: puzzles about rapid price increase at Daimler

Daimler shines again The share of the car group is on the upswing. (Photo: AP) Beijing, Munich The automaker’s share Daimler is currently in high demandt. Since mid-May, paper has skyrocketed by more than 30 percent. On Tuesday alone, the increase was now almost nine percent. There is a lot of speculation in the market… Continue reading Car maker: puzzles about rapid price increase at Daimler