Autobank: VW Bank wants to reduce jobs despite record profits

Volkswagen Financial Services The banking subsidiary of VW has 7,000 employees in Germany. (Photo: AP) FrankfurtThe bank daughter of Volkswagen-Konzerns, Volkswagen Financial Services, has earned so much in the past year as never before. The operating result was 2.6 billion euros – far more than traditional banks in Germany retract. Nevertheless, CEO Lars Henner Santelmann… Continue reading Autobank: VW Bank wants to reduce jobs despite record profits

Electromobility: Volkswagen splits the automotive industry

Electric motor production at Bosch Significantly fewer components than for an internal combustion engine. (Photo: Bosch) Berlin, Frankfurt, Munich, DüsseldorfWhen Harald Kruger on Wednesday morning the annual balance of BMW presented, then he is already on the go. In Berlin waiting for the BMW-Boss a meeting with his colleagues from Wolfsburg and Stuttgart. Together with… Continue reading Electromobility: Volkswagen splits the automotive industry

Car manufacturer: CEO Herbert Diess relies on VW shares

Herbert dies Shares are also part of the variable remuneration of Volkswagen Board members. (Photo: Reuters) WolfsburgVW boss Herbert Diess relies on the shares of the world’s largest car maker: The corporate leader has for well two million euros VWBought shares. That gave Volkswagen known on Monday. Tried for a long time Diess, in the… Continue reading Car manufacturer: CEO Herbert Diess relies on VW shares

Car manufacturers: dispute at Opel escalates – employee representatives reject negotiations with Segula

Protests against sales plans in December 2018 2,000 of the 7,000 engineers currently employed by Opel at its headquarters in Rüsselsheim are to be outsourced to Segula by the summer of 2019. (Photo: AP) MunichThe managers of Opel and Segula agree: your project is a “triple win”. Everyone will benefit: the hessian automaker, the French… Continue reading Car manufacturers: dispute at Opel escalates – employee representatives reject negotiations with Segula

Fight for 2000 Jobs: Dispute at Opel escalates – no negotiations with Segula

Protests against sales plans in December 2018 2000 of the 7000 engineers that Opel currently employs at its headquarters in Rüsselsheim are to be outsourced to Segula by the summer of 2019. (Photo: AP) MunichThe managers of Opel and Segula agree: your project is a “triple win”. Everyone will benefit: the hessian automaker, the French… Continue reading Fight for 2000 Jobs: Dispute at Opel escalates – no negotiations with Segula

Car industry: VW boss Diess brings auto suppliers against him

Herbert dies The VW boss sees in electromobility the sole future of the car industry. (Photo: Bloomberg) StuttgartVolkswagen-Boss Herbert dies mastered an art that was previously only Ferdinand Piëch’s own in Wolfsburg – with just a few words to pique the entire industry. “Open technology is now the wrong slogan and leads to move the… Continue reading Car industry: VW boss Diess brings auto suppliers against him

Electromobility: VW is applying for research funding for e-car batteries

Volkswagen The Wolfsburg car manufacturer is currently pushing the entry into the electric mobility. (Photo: AP) HamburgVolkswagen is also committed to building a production of battery cells for electric cars government support, The company is interested in the Research funding at the Federal Ministry for Economic Affairs and Energy announced the Wolfsburg car manufacturer on… Continue reading Electromobility: VW is applying for research funding for e-car batteries

Motorsport: Mercedes team boss: Budget limit difficult to implement

Toto Wolff Toto Wolff is the team boss of Mercedes. Photo: Jan Woitas (Photo: AP) “The difficulty is the controllability of the expenses, because the teams are very differently positioned,” said the Austrian of the “Frankfurter Allgemeine Sonntagszeitung”. In the negotiations on a new basic contract from 2021 on, the budget limit for the racing… Continue reading Motorsport: Mercedes team boss: Budget limit difficult to implement

Electric Cars: Auto supplier ZF sees focus on e-mobility at VW critically

ZF Friedrichshafen However, the switch to an electric car is not possible for many customers overnight, said ZF CEO Scheider. It’s about the range of e-vehicles. (Photo: AP) Berlin boss of the automotive supplier ZF Friedrichshafen, Wolf-Henning Scheider, looks at the car manufacturer Volkswagen too much focus on pure electromobility in the future. “You can… Continue reading Electric Cars: Auto supplier ZF sees focus on e-mobility at VW critically

Oliver Blume: The Porsche boss holds the VW group together

Oliver flower “Where Porsche starts, we drive to victory,” quotes the Porsche CEO the company founder Ferdinand Porsche. (Photo: Bloomberg) StuttgartOliver flower is a passionate footballer and played in the club Libero. “A position that no longer exists today,” notes the tall figure PorscheBoss who makes his black shirts even slimmer than he is anyway.… Continue reading Oliver Blume: The Porsche boss holds the VW group together