Dear reader, On Monday there was once again a “car summit”. Chancellor Olaf Scholz (64) called together the leaders of the leading industry here. The bosses of Volkswagen, Mercedes, Bosch and ZF came, BMW CEO Oliver Zipse (59) did not. It also has the fewest problems and sells more electric cars than Mercedes or Audi.… Continue reading German Manager Magazine: Continental and the days of truth: The new newsletter manage:mobility002922
Author: Manager Magazin (German)
German Manager Magazine: Stock market: Dax closes in positive territory, Borussia Dortmund shares jump002921
The November rally on the German stock market continued on Wednesday. Hopes of interest rate cuts soon pushed the Dax to its highest level since the beginning of August. The leading index passed the 16,200 point mark for the first time in almost four months. It crossed the finish line 1.1 percent higher at 16,166… Continue reading German Manager Magazine: Stock market: Dax closes in positive territory, Borussia Dortmund shares jump002921
German Manager Magazine: Ifo Institute: More companies want to increase prices, falling price expectations in consumer-related industries002920
A little more companies in Germany want to ask their customers to pay more in the coming months. The barometer for price plans rose from 15.4 points in October to 18 points in November, as the Munich Ifo Institute announced in its economic survey. The increase is primarily due to company-related service providers and wholesalers.… Continue reading German Manager Magazine: Ifo Institute: More companies want to increase prices, falling price expectations in consumer-related industries002920
German Manager Magazine: Schaffler: Vladimir Putin approves sale of Russian plant002917
The Franconian industrial and automotive supplier Schaeffler is allowed to sell his Russian factory to a holding company owned by his Austrian supervisory board member Siegfried Wolf (66). In a statement published on Monday, Kremlin chief Vladimir Putin (71) approved the acquisition of the site in Ulyanovsk on the Volga by PromAvtoConsult. Schaeffler, whose headquarters… Continue reading German Manager Magazine: Schaffler: Vladimir Putin approves sale of Russian plant002917
German Manager Magazine: Karl-Ludwig Kley: The man who led Merck, Eon and Lufthansa through their deepest crises002917
Karl Ludwig Kley The man who led Merck, Eon and Lufthansa through their deepest crises Nobody in German business has a better network than Karl-Ludwig Kley. But that’s not the real reason for his success – and his entry into the manager magazin’s Hall of Fame. Go to Source
German Manager Magazine: Annual General Meeting: Why shareholders shouldn’t have a say everywhere – a column002917
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: Annual General Meeting: Why shareholders shouldn’t have a say everywhere – a column002917
German Manager Magazine: Elon Musk: Tesla is suing Sweden because of missing license plates002914
Elon Musk is in trouble with unions again. In Sweden, the dispute between his company comes to a head Tesla and IF Metall to such an extent that Tesla is now suing the Swedish state through the Swedish Transport Authority. The reason for this is striking postal workers who stopped the delivery of license plates… Continue reading German Manager Magazine: Elon Musk: Tesla is suing Sweden because of missing license plates002914
German Manager Magazine: Volkswagen: Thomas Schäfer swears employees into cuts002915
Europe’s largest car manufacturer Volkswagen is preparing its workforce for cuts, including in personnel. “The situation is very critical,” said brand boss Thomas Schäfer (52) on Monday in front of 2,000 shop stewards, according to a post on the VW intranet that was available to the dpa IG Metall in Wolfsburg. “It won’t work without… Continue reading German Manager Magazine: Volkswagen: Thomas Schäfer swears employees into cuts002915
German Manager Magazine: Jona Christians and Laurin Hahn: Sono Motors still finds Investor002914
The insolvent solar car developer Sono Motors has found an investor after all. The New York hedge fund Yorkville is ready to give the Munich-based company enough money to keep it working until at least the end of next year, Sono said on Monday. The ongoing insolvency proceedings could be lifted in January if the… Continue reading German Manager Magazine: Jona Christians and Laurin Hahn: Sono Motors still finds Investor002914
German Manager Magazine: Automotive industry: Schaeffler increases takeover offer for Vitesco shareholders002913
The Herzogenaurach-based automotive and industrial supplier Schaeffler approaches the Vitesco shareholders and raises the takeover offer. Schaeffler is now offering 94 euros per share, as the company announced on Monday. Schaeffler had previously offered 91 euros. Vitesco shareholders have until December 15 to tender their shares. The decision to increase the price underlines Schaeffler’s confidence… Continue reading German Manager Magazine: Automotive industry: Schaeffler increases takeover offer for Vitesco shareholders002913