German Manager Magazine: Tesla: Estimate of costs for repairing electricity pylon after attack published003179

The cost of restoring power to the Tesla-Factory in Grünheide after the attack is expected to cost more than one million euros, according to information from the German Press Agency. The head of the regional network operator Edis, Alexander Montebaur, named this sum at a meeting of the Tesla Task Force last Wednesday in the… Continue reading German Manager Magazine: Tesla: Estimate of costs for repairing electricity pylon after attack published003179

German Manager Magazine: Hertz: Car rental company replaces boss after electric car offensive goes wrong003178

The US car rental company Hertz is giving up after a failed bet on the future Electric vehicles a change of boss. Gil West, who until recently was responsible for operational business at the robotaxi company Cruise, is set to take over the management of the company on April 1st. Hertz announced on Friday that… Continue reading German Manager Magazine: Hertz: Car rental company replaces boss after electric car offensive goes wrong003178

German Manager Magazine: ZF Friedrichshafen: Automotive supplier stomps its start-up business003176

Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: ZF Friedrichshafen: Automotive supplier stomps its start-up business003176

German Manager Magazine: Mercedes-Benz: Ola Källenius could become the top earner in the Dax003176

Mercedes Benz-Boss Ola Källenius (54) could have become the top earner among the top managers of the largest listed companies last year with remuneration of 12.74 million euros. The Stuttgart-based carmaker reported an 80 percent jump in salary for the Swedish native in its compensation report published on Friday. It is the highest salary ever… Continue reading German Manager Magazine: Mercedes-Benz: Ola Källenius could become the top earner in the Dax003176

German Manager Magazine: Logistics start-ups in crisis: billion-dollar company Sennder wants to benefit003173

Dear reader. Logistics start-ups have long been among the secret stars of the start-up scene. Pandemic-related problems in global supply chains fueled demand – and the imagination of financiers. The great US model Convoy was now worth 4 billion, and two unicorn companies, Sennder and Forto, were also created in Berlin. This week we researched… Continue reading German Manager Magazine: Logistics start-ups in crisis: billion-dollar company Sennder wants to benefit003173

German Manager Magazine: Martin Winterkorn: Trial against ex-Volkswagen boss starts in September 003173

The former Volkswagen-Boss Martin Winterkorn (76) has to retire because of the Diesel scandal to stand trial in Braunschweig from September. The main hearing will begin on September 3rd, the Braunschweig regional court announced on Friday. The proceedings on suspicion of fraud and false statements and the proceedings on suspicion of market manipulation would be… Continue reading German Manager Magazine: Martin Winterkorn: Trial against ex-Volkswagen boss starts in September 003173

German Manager Magazine: Money machine start-up funds: How Bitburger, Haniel and Oetker invest in VC funds003173

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German Manager Magazine: Webasto: Automotive supplier announces job cuts after disappointing annual results003172

The automotive supplier Webasto is planning massive job cuts. “A double-digit percentage job cut is probably unavoidable,” said CEO Holger Engelmann (58) on Thursday in Stockdorf near Munich. Webasto currently employs 16,600 people worldwide. “The annual result for 2023 is disappointing and forces us to act.” Last year, sales increased slightly to 4.6 billion euros.… Continue reading German Manager Magazine: Webasto: Automotive supplier announces job cuts after disappointing annual results003172

German Manager Magazine: ZF Friedrichshafen: Auto supplier no longer has money for start-ups003171

Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: ZF Friedrichshafen: Auto supplier no longer has money for start-ups003171

German Manager Magazine: Tesla factory after arson attack: Musk visits Grünheide – production at the Tesla factory is running again003169

Tesla-Boss Elon Musik gets his own picture of the situation in Brandenburg: The 52-year-old paid a short-term visit to the electric car manufacturer’s only European plant in Grünheide. Production in the car manufacturer’s so-called Giga Factory came to a standstill for several days after an arson attack on the power supply. The entrepreneur landed at… Continue reading German Manager Magazine: Tesla factory after arson attack: Musk visits Grünheide – production at the Tesla factory is running again003169