German Handelsblatt: Volkswagen: 288 million euros in damages: Winterkorn and ex-colleagues pay a record sum to VW002202

The diesel scandal is now also getting dearly for ex-Volkswagen executives: Former CEO Martin Winterkorn and three other ex-top managers are paying record compensation to Volkswagen. A large part of the total is due to specialized liability insurance. According to the final agreement, an amount of just under 288 million euros was set, the company… Continue reading German Handelsblatt: Volkswagen: 288 million euros in damages: Winterkorn and ex-colleagues pay a record sum to VW002202

German Handelsblatt: Daimler: Mercedes streamlines sales network: branches in England, Spain and Belgium are for sale002191

Mercedes-Benz showroom in Munich In Germany, Daimler is not planning any further reductions in the remaining locations for the time being, according to company sources. (Photo: Bloomberg) Munich Daimler boss Ola Källenius continues to trim the carmaker for returns. His latest plan: The Swede wants to significantly reduce the number of group sales outlets in… Continue reading German Handelsblatt: Daimler: Mercedes streamlines sales network: branches in England, Spain and Belgium are for sale002191

German Handelsblatt: Car manufacturer: Daimler significantly expands production capacities in China002189

Daimler plant in China So far, Daimler has been able to manufacture around 520,000 vehicles per year in its two Chinese factories. (Photo: Daimler AG) Beijing In view of the booming Chinese car market, Daimler and its partner BAIC Motor want to increase production capacities by 45 percent. According to a document published on the… Continue reading German Handelsblatt: Car manufacturer: Daimler significantly expands production capacities in China002189

German Handelsblatt: EY Analysis: Amazon, PSA, Total: Investors are loyal to Germany even during the crisis002187

Amazon fulfillment center The online retailer built new logistics centers or expanded existing ones in Oelde, Kaiserslautern, Gera and Gersthofen, creating 4,300 new jobs. (Photo: dpa) Düsseldorf Closed borders, interrupted supply chains, standstill in the economy, slump in profits: in 2020, the conditions for companies to invest in new production facilities and service centers abroad… Continue reading German Handelsblatt: EY Analysis: Amazon, PSA, Total: Investors are loyal to Germany even during the crisis002187

German Handelsblatt: EY Analysis: Amazon, PSA, Total: Investors are loyal to Germany even during the crisis002185

Amazon fulfillment center The online retailer built new logistics centers or expanded existing ones in Oelde, Kaiserslautern, Gera and Gersthofen, creating 4,300 new jobs. (Photo: dpa) Düsseldorf Closed borders, interrupted supply chains, standstill in the economy, slump in profits: in 2020, the conditions for companies to invest in new production facilities and service centers abroad… Continue reading German Handelsblatt: EY Analysis: Amazon, PSA, Total: Investors are loyal to Germany even during the crisis002185

German Handelsblatt: Volkswagen: Compared to the compensation of managers in the VW diesel scandal, supervisory board chairman Pötsch extended 002184

Martin Winterkorn (r.) And Rupert Stadler VW demands compensation from the then CEO Winterkorn and the then Audi boss Stadler. (Photo: dpa) Düsseldorf The official statement from Volkswagen on the agreement in the struggle for damages for misconduct by group managers in the diesel scandal is short and sweet: “The supervisory board decided in yesterday’s… Continue reading German Handelsblatt: Volkswagen: Compared to the compensation of managers in the VW diesel scandal, supervisory board chairman Pötsch extended 002184

German Handelsblatt: Volkswagen: Compared to the compensation of managers in the VW diesel scandal stands, supervisory board chairman Pötsch extended 002183

Martin Winterkorn (r.) And Rupert Stadler VW demands compensation from the then CEO Winterkorn and the then Audi boss Stadler. (Photo: dpa) Düsseldorf The official statement from Volkswagen on the agreement in the struggle for damages for misconduct by group managers in the diesel scandal is short and sweet: “The supervisory board decided in yesterday’s… Continue reading German Handelsblatt: Volkswagen: Compared to the compensation of managers in the VW diesel scandal stands, supervisory board chairman Pötsch extended 002183

German Handelsblatt: Volkswagen: Compared to the compensation of managers in the VW diesel scandal, supervisory board chairman Pötsch extended

Martin Winterkorn (r.) And Rupert Stadler VW demands compensation from the then CEO Winterkorn and the then Audi boss Stadler. (Photo: dpa) Düsseldorf The official statement from Volkswagen on the agreement in the struggle for damages for misconduct by group managers in the diesel scandal is short and sweet: “The supervisory board decided in yesterday’s… Continue reading German Handelsblatt: Volkswagen: Compared to the compensation of managers in the VW diesel scandal, supervisory board chairman Pötsch extended

German Handelsblatt: Car company: VW supervisory board chairman Hans Dieter Pötsch extends in Wolfsburg002181

Hans Dieter Pötsch extended Hans Dieter Pötsch at the last VW general meeting before Corona with a shareholder presence: The former Volkswagen CFO can be elected a second time as head of the supervisory board. (Photo: Bloomberg) Düsseldorf Hans Dieter Pötsch takes over again as Chairman of the Supervisory Board at Volkswagen. As a group… Continue reading German Handelsblatt: Car company: VW supervisory board chairman Hans Dieter Pötsch extends in Wolfsburg002181

German Handelsblatt: Car company: VW supervisory board chairman Hans Dieter Pötsch extends in Wolfsburg002179

Hans Dieter Pötsch extended Hans Dieter Pötsch at the last VW general meeting before Corona with a shareholder presence: The former Volkswagen CFO can be elected a second time as head of the supervisory board. (Photo: Bloomberg) Düsseldorf Hans Dieter Pötsch takes over again as Chairman of the Supervisory Board at Volkswagen. As a group… Continue reading German Handelsblatt: Car company: VW supervisory board chairman Hans Dieter Pötsch extends in Wolfsburg002179