loss of confidence Investors have used a massive loss of confidence. Investors find it hard to believe what the Conti leadership promises. (Photo: AP) At the end of July there is still a spirit of optimism in Hanover. Conti boss Elmar Degenhart picks up a spade and shovels sand properly. The start of construction for… Continue reading According to Brandbrief: Forecasts missed and confidence lost – Continental needs the turnaround
Author: Handelsblatt in German Online News
Controller and sales expert: Ex-Audi CEO Dieter Voggenreiter has a new job – he becomes a consultant
Dietmar Voggenreiter From 1997 to 2001 he worked for Horváth & Partners. (Photo: Audi) MunichIt should be a liberation. Swapped in early September 2017 AudiCEO Rupert Stadler made four directors to the lurching VWDaughter back on track. Dietmar Voggenreiter was one of those who had been killed. The Chief Sales Officer had to pay for… Continue reading Controller and sales expert: Ex-Audi CEO Dieter Voggenreiter has a new job – he becomes a consultant
Commercial Vehicles: Hanover trembles at its VW transporter factory
The Bulli, a piece of VW history The production of VW transporters has a long tradition in Germany. Now the employees in Hanover are worried about their jobs. (Photo: AP) DusseldorfVolkswagen and Ford have come up with a big word for what they want to roll up the light commercial vehicle business in the coming… Continue reading Commercial Vehicles: Hanover trembles at its VW transporter factory
Second profit warning: Continental loses the confidence of investors
HannoverFour four weeks ago, optimism dominated in Hannover. Continental, Germany’s second largest automotive supplier, just had one comprehensive corporate restructuring announced. Construction, reorientation, securing the future – wanted with it Conti shine. “With the new holding structure, we are ensuring that the decisions are delegated out of the central office, better even two stages. We… Continue reading Second profit warning: Continental loses the confidence of investors
Interview: “It’s not too late yet” – VW boss Diess warns of dependency in the battery cell technology
WolfsburgVolkswagen-Boss Herbert Diess In particular, the auto industry in general and its own company are harshly challenged and face tremendous challenges. It must now necessarily the entry into the electric age success. As a heavy mortgage, he feels the “great dependence” in battery cell technology from Asian suppliers. This said in the Handelsblatt interview: “Let’s… Continue reading Interview: “It’s not too late yet” – VW boss Diess warns of dependency in the battery cell technology
Toyota, Renault, VW: Japanese and French depend on German carmakers in terms of efficiency
Toyota production in Miyawaka In terms of operating profit, Japanese carmakers are even leaving Daimler behind. (Photo: AP) DüsseldorfThe world in Wolfsburg could actually be okay. With 5.5 million vehicles sold was VW also in the first half of the year the largest automaker in the world. Even the profit was lush with 8.16 billion… Continue reading Toyota, Renault, VW: Japanese and French depend on German carmakers in terms of efficiency
After vehicle fires: Koreans want to sue BMW boss Kruger
BMW boss Harald Krüger A lawsuit is to be filed against the group leader in Korea. (Photo: AP) Munich, TokyoThe pressure on BMW growing in South Korea: On Friday, a law firm in Seoul wants to file a collective complaint against the carmaker. Lawyer Jason Ha said he also filed a lawsuit against the company’s… Continue reading After vehicle fires: Koreans want to sue BMW boss Kruger
Jörg Stratmann in an interview: “We need to be open to technology” – Mahle-Chef does not write down Verbrenner
Jörg Stratmann The new Mahle boss wants to bring the technology for electric cars on the road. (Photo: Verena Müller for Handelsblatt Verena Müller for Handelsblatt) StuttgartMahle boss Jörg Stratmann is unpretentious. When looking out of his office, he looks directly at the Stuttgart Wilhelma. But he cares less about the animals in the zoo… Continue reading Jörg Stratmann in an interview: “We need to be open to technology” – Mahle-Chef does not write down Verbrenner
Volkswagen: former VW boss Winterkorn was allegedly already inaugurated in 2007 in exhaust gas manipulation
Martin Winterkorn According to a media report, the former VW boss in the investigation file is more heavily loaded. (Photo: AP) WolfsburgThe former VW-Boss Martin Winterkorn could already have been informed in 2007 about the exhaust gas manipulation in the group. This is reported by the magazine “Der Spiegel” on Friday citing witness testimony in… Continue reading Volkswagen: former VW boss Winterkorn was allegedly already inaugurated in 2007 in exhaust gas manipulation
Suspected of tax evasion: “Nest egg” ex-VW boss Winterkorn alarmed the investigators
Ex-VW boss Martin Winterkorn The former car manager wanted to save millions to Switzerland. (Photo: AP) Zurich, Düsseldorf is the classic behavioral pattern of men who do not do good. “Asset protection” tax specialists call such transfers, as they Martin Winterkorn in the past two years. The “Picture on Sunday” reported from investigation filesthat the… Continue reading Suspected of tax evasion: “Nest egg” ex-VW boss Winterkorn alarmed the investigators