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
Author: Manager Magazin (German)
German Manager Magazine: VanTourer 600 L motorhome in the test: Many practical ideas002912
My attitude towards camping can be summed up in a short joke: “The boss asks his employee: ‘You don’t look well at all, Mr. Müller. Were you sick?’ ‘No, I was on vacation with the family in the motorhome!’” For as long as I can remember, I’ve hated the idea of spending my summer vacation… Continue reading German Manager Magazine: VanTourer 600 L motorhome in the test: Many practical ideas002912
German Manager Magazine: Volkswagen boss Oliver Blume hopes for quick savings effects002911
Europe’s largest car company Volkswagen wants to benefit significantly from the savings efforts in its brands as early as 2024. “As early as next year, we plan to achieve an effect of more than 10 billion euros for the group through our brands’ performance programs,” said CEO Oliver Blume (55) to the “Frankfurter Allgemeine Zeitung”.… Continue reading German Manager Magazine: Volkswagen boss Oliver Blume hopes for quick savings effects002911
German Manager Magazine: Volkswagen in China: Ralf Brandstätter is planning cheap cars for the Chinese market002910
Volkswagen wants to become faster and cheaper in China. “In a dynamic market environment, a high pace of development is crucial for competitiveness,” said China boss Ralf Brandstätter (55) during a visit to the eastern Chinese city of Hefei. That’s why the car manufacturer will… China develop its own electric car platform and increasingly rely… Continue reading German Manager Magazine: Volkswagen in China: Ralf Brandstätter is planning cheap cars for the Chinese market002910
German Manager Magazine: Northvolt, ZF, Thyssenkrupp, Intel, TSMC, Bosch, Siemens, Deutsche Bahn: These companies are now trembling for the state’s billions002908
With the budget judgment of the Federal Constitutional Court 60 billion euros are missing from the Climate and Transformation Fund (KTF), which had developed into the most important instrument for financing the energy transition and restructuring the economy. The federal government wanted to use the money from the KTF to, among other things, subsidize building… Continue reading German Manager Magazine: Northvolt, ZF, Thyssenkrupp, Intel, TSMC, Bosch, Siemens, Deutsche Bahn: These companies are now trembling for the state’s billions002908
German Manager Magazine: China: China’s “little giants” are putting Europe’s hidden champions under pressure002908
Germany is considered a country of “hidden champions”. Countless small and medium-sized companies are successful in this country with special products in strategically important sectors of the economy. What has been bothering larger companies for some time is now threatening them too: competition from China. Xi Jinping’s government is supporting thousands of small and medium-sized… Continue reading German Manager Magazine: China: China’s “little giants” are putting Europe’s hidden champions under pressure002908
German Manager Magazine: Northvolt, ZF, Thyssenkrupp, Intel, TSMC, Bosch, Siemens, Deutsche Bahn: These companies are now trembling for the state’s billions002906
With the budget judgment of the Federal Constitutional Court 60 billion euros are missing from the Climate and Transformation Fund (KTF), which had developed into the most important instrument for financing the energy transition and restructuring the economy. The federal government wanted to use the money from the KTF to, among other things, subsidize building… Continue reading German Manager Magazine: Northvolt, ZF, Thyssenkrupp, Intel, TSMC, Bosch, Siemens, Deutsche Bahn: These companies are now trembling for the state’s billions002906
German Manager Magazine: Stellantis sells part of Opel at its headquarters in Rüsselsheim002906
The car manufacturer Stellantis owns part of his daughter’s historic production site Opel sold in Rüsselsheim am Main. The three properties with a total area of more than 700,000 square meters near Frankfurt Airport will now belong to the VGP Group, a European owner, operator and developer of logistics and commercial real estate, according to… Continue reading German Manager Magazine: Stellantis sells part of Opel at its headquarters in Rüsselsheim002906
German Manager Magazine: Mercedes-Benz, BMW, Toyota: Car companies shine with record profits despite price wars002902
The world’s largest car companies made record profits in the third quarter despite the weak economic situation and an increasing price war. “The sales of the top 16 car manufacturers climbed by 11 percent to a good 504 billion euros, reaching a new high,” said the consulting firm EY on Thursday. “The total profit even… Continue reading German Manager Magazine: Mercedes-Benz, BMW, Toyota: Car companies shine with record profits despite price wars002902
German Manager Magazine: Volkswagen: How female employees take over the supervisory board002904
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: Volkswagen: How female employees take over the supervisory board002904