Managers at VW should also forego bonuses and wage increases. Some executives have sued, but these have largely been unsuccessful. Go to Source
Author: Handelsblatt in German Online News
German Handelsblatt: Volkswagen: IG Metall boss demands wage cuts from VW management010070
Volkswagen wants to close plants, cut tens of thousands of jobs and implement wage cuts of ten percent. If the IG Metall boss has her way, the board should set a good example. Go to Source
German Handelsblatt: Auto supplier: Continental increases profits – and lowers forecast for industrial division ContiTech010069
The Hanover-based supplier’s sales fell by four percent, but profits rose by a good third. The industrial division’s profit expectations were revised downwards. Go to Source
German Handelsblatt: Auto supplier: Continental increases profits – and lowers forecast for industrial division ContiTech010068
The Hanover-based supplier’s sales fell by four percent, but profits rose by a good third. The industrial division’s profit expectations were revised downwards. Go to Source
German Handelsblatt: Auto supplier: Continental increases profits – and lowers forecast for industrial division ContiTech010067
The Hanover-based supplier’s sales fell by four percent, but profits rose by a good third. The industrial division’s profit expectations were revised downwards. Go to Source
German Handelsblatt: +++ Business figures +++: Continental makes more profit010065
Encavis cuts annual targets +++ Ikea names price cuts as the reason for the decline in sales +++ Freenet relies on long-term profit growth +++ The business figures of the day. Go to Source
German Handelsblatt: +++ Business figures +++: Continental makes more profit010065
Encavis cuts annual targets +++ Ikea names price cuts as the reason for the decline in sales +++ Freenet relies on long-term profit growth +++ The business figures of the day. Go to Source
German Handelsblatt: Car manufacturer: IG Metall boss demands wage cuts from VW management010064
Volkswagen wants to close plants, cut tens of thousands of jobs and implement wage cuts of ten percent. If the IG Metall boss has her way, the board should set a good example. Go to Source
German Handelsblatt: Car manufacturer: IG Metall boss demands wage cuts from VW management010063
Volkswagen wants to close plants, cut tens of thousands of jobs and implement wage cuts of ten percent. If the IG Metall boss has her way, the board should set a good example. Go to Source
German Handelsblatt: Karin Radström: “We are reviewing our entire business model” – Daimler Truck boss wants to tighten austerity measures010062
The world’s largest truck manufacturer is experiencing a decline in sales. The core brand Mercedes-Benz Trucks is particularly suffering. The new CEO is under increasing pressure to save money. Go to Source