The restructuring concept of the badly hit car supplier Leoni stands. The consortium banks, Stefan Pierer (66) as a strategic investor and the company have signed the corresponding agreement, the company announced on Monday. The federal government and the federal states of North Rhine-Westphalia, Bavaria and Lower Saxony, which had guaranteed a €330 million Corona… Continue reading German Manager Magazin: Leoni share price jump: Klaus Rinnerberger becomes the new boss at the ailing car supplier, restructuring concept stands002405
Author: Manager Magazin (German)
German Manager Magazin: EY Wirecard: Supervision issues auditor non-competition clause002405
The auditor oversight Apas has in connection with the Wirecard– Scandal breaches of duty by the auditor EY and five of his employees found and therefore high penalties imposed. The auditor was not allowed to take on any new audit mandates for public interest companies for two years, Apas announced on Monday. This includes all… Continue reading German Manager Magazin: EY Wirecard: Supervision issues auditor non-competition clause002405
German Manager Magazin: LME: Scandal for the London Metal Exchange – The Great Nickel Swindle002403
It was shocking news for them commodity industry: The venerable London Metal Exchange (LME) – which has been under criticism since last year’s price turbulence anyway – has fallen victim to nickel fraud. When buyers recently received shipments of the supposedly high-quality metal from one of their warehouses, it turned out to be sacks full… Continue reading German Manager Magazin: LME: Scandal for the London Metal Exchange – The Great Nickel Swindle002403
German Manager Magazin: Tesla with delivery record in the first quarter002403
The world’s largest electric car manufacturer Tesla failed to meet analysts’ expectations in the first quarter despite record deliveries. According to its own information on Sunday, the US company handed over 422,875 cars to its customers in the reporting period. According to Refinitiv data, however, experts had expected an average of 430,008 vehicles. Deliveries increased… Continue reading German Manager Magazin: Tesla with delivery record in the first quarter002403
German Manager Magazine: Testing the Hyundai Ioniq 5: The Invisible Power002402
The Hyundai Ioniq 5 can do more than it shows. Because its true power, as I explained to my children after the first two trips, lies in – ui, ui, ui! – invisible ones. From then on, my sons climbed into the gleaming white car with a poker face worthy of a movie. The secret… Continue reading German Manager Magazine: Testing the Hyundai Ioniq 5: The Invisible Power002402
German Manager Magazin: Rivian: Manufacturer of Amazon vans and electric pickups uses Mercedes-Benz002398
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with 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 Magazin: Rivian: Manufacturer of Amazon vans and electric pickups uses Mercedes-Benz002398
German Manager Magazin: Volkswagen rejects agreement on possible slave labor on Amazon farm in Brazil002399
Volkswagen do Brasil walked away from the negotiating table in a hearing over possible slave labor at a subsidiary’s Amazon farm in the 1970s and 1980s, according to Brazilian prosecutors. The company said it was not interested in signing an agreement with the prosecuting authority responsible for labor law, the authority said in a statement.… Continue reading German Manager Magazin: Volkswagen rejects agreement on possible slave labor on Amazon farm in Brazil002399
German Manager Magazin: Crisis at Vanmoof and forced savings at Mercedes: The new newsletter manage:mobility002398
Dear reader, as the EU compromise stood to allow new cars that are fueled with synthetic fuels after 2035, Transport Minister Volker Wissing (52, FDP) sent a whole series of tweets. “A liberation for our country” be the decision, he played the hero. Only he knows who or what Wissing freed from what exactly. Even… Continue reading German Manager Magazin: Crisis at Vanmoof and forced savings at Mercedes: The new newsletter manage:mobility002398
German Manager Magazin: Mercedes-Benz: Management writes savings bond to executives “Don’t let up now”002398
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with 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 Magazin: Mercedes-Benz: Management writes savings bond to executives “Don’t let up now”002398
German Manager Magazin: Porsche SE: Major shareholder of Volkswagen achieves partial success in court002397
The Porsche SE has assisted investors in claims for damages in connection with the diesel scandal Volkswagen prevailed on one important point. In principle, the VW main shareholder Porsche SE (PSE) has an obligation to publish events at its largest investment in Volkswagen, the OLG Stuttgart explained on Wednesday in a test case. However, the… Continue reading German Manager Magazin: Porsche SE: Major shareholder of Volkswagen achieves partial success in court002397