Car City Wolfsburg The VW Group lags behind in the production of classic combustion models compared to the competition. (Photo: Polaris / laif) Wolfsburg, FrankfurtBernd Osterloh is at the balance sheet press conference from Volkswagen physically not present. Actually, such events are about the numbers – not the works council. And yet Osterloh is the… Continue reading Power struggle at Volkswagen: Board and works council of VW signal again willingness to negotiate
Author: Handelsblatt in German Online News
Volkswagen: Careful approach in the power struggle at VW
Wolfsburg, FrankfurtBernd Osterloh is at the balance sheet press conference from Volkswagen physically not present. Actually, such events are about the numbers – not the works council. And yet Osterloh is the central theme – also for the CEO Herbert dies, “Osterloh is sometimes difficult to judge because he often acts emotionally and spontaneously,” says… Continue reading Volkswagen: Careful approach in the power struggle at VW
Interview with Frank Witter: VW CFO defends austerity plan: “We are not in normal mode”
Frank Witter The chief financial officer of the VW Group defends the austerity measures. (Photo: Bloomberg) DusseldorfVolkswagen– Workers need to get up a sustained savings pressure in the company to adjust. The Group’s CFO expects stronger cooperation from the subsidiaries. “We are not in normal mode,” said VWBoard member Frank Witter talking to Handelsblatt. The… Continue reading Interview with Frank Witter: VW CFO defends austerity plan: “We are not in normal mode”
Frank Witter in an interview: VW CFO defends austerity measures: “Have not used possible synergies optimally”
Frank Witter The chief financial officer of the VW Group defends the austerity measures. (Photo: Bloomberg) DusseldorfVolkswagen– Workers need to get up a sustained savings pressure in the company to adjust. The Group’s CFO expects stronger cooperation from the subsidiaries. “We are not in normal mode,” said VWBoard member Frank Witter talking to Handelsblatt. The… Continue reading Frank Witter in an interview: VW CFO defends austerity measures: “Have not used possible synergies optimally”
Employee representation: VW works council considers new plant in Eastern Europe unnecessary
Volkswagen VW is examining ten properties in Romania, Serbia, Bulgaria and Turkey for a new plant. (Photo: Reuters) BerlinThe Group Works Council “Bild am Sonntag” wants to prevent the construction of the planned new plant in Eastern Europe. As the newspaper reports, the employee representatives want to vote against the project at the decisive meeting… Continue reading Employee representation: VW works council considers new plant in Eastern Europe unnecessary
+++ Newsblog +++: Continental, Post, Vonovia – an overview of the business figures of large companies
Editorial Editorial Newest first Oldest ones first Highlights Show new post Show new posts No contribution available 07.03.2019 – 09:28 Lars Ophüls The flood of balance sheets also marks the start of trading on the stock market. One of the biggest losers is Axel Springer with a price drop of five percent. Analysts were disappointed… Continue reading +++ Newsblog +++: Continental, Post, Vonovia – an overview of the business figures of large companies
Auto parts supplier: Continental pays less bonus to employees
Continental The auto parts supplier had a rather weak year. (Photo: AP) HannoverThe automotive supplier and tire manufacturer Continental showered less success rates to its employees, For the financial year 2018, the employees should work in Germany each received about 750 euros, the company said on Wednesday in Hannover. Total pays the DaxGroup 150 million… Continue reading Auto parts supplier: Continental pays less bonus to employees
Dax aktuell: Dax starts slightly weaker – Daimler under pressure
Dax panel Also on Ash Wednesday bank stocks remain under surveillance. (Photo: AP) FrankfurtAt Ash Wednesday, equity investors are starting to take a slow approach at the Frankfurt Stock Exchange: the German leading index starts slightly lower at 11,593 points. On Tuesday evening had the Dax closed at 11,621 points and a slight gain of… Continue reading Dax aktuell: Dax starts slightly weaker – Daimler under pressure
Auto parts supplier: Schaeffler increases conversion speed and wants to delete 900 jobs
Assembly in the Schweinfurt factory The European plants are to be rearranged, small parts of the business to be sold. (Photo: Bloomberg) MunichThe pressure on the SchaefflerGroup comes from two sides: On the one hand, the automotive supplier like many competitors suffers from the weak economy in the automotive industry. Last year, the family-owned company… Continue reading Auto parts supplier: Schaeffler increases conversion speed and wants to delete 900 jobs
Schaeffler CEO Klaus Rosenfeld: “Five European locations are being put to the test”
Klaus Rosenfeld “We want to avoid redundancies due to operating conditions.” (Photo: AP) The industry is weakening, margins continue to crumble: the SchaefflerCorporation wants to accelerate its transformation with a new corporate program, In doing so, five plants in Europe will be put to the disposition. In addition, investments should be geared even more towards… Continue reading Schaeffler CEO Klaus Rosenfeld: “Five European locations are being put to the test”