The automotive and industrial supplier in Herzogenaurach Schaeffler is cautious about the current year after a drop in profits. The company announced on Tuesday that higher wage increases and rising energy costs are likely to weigh on the margin. Before special items, Schaeffler is aiming for a profit margin of 5.5 to 7.5 percent. In… Continue reading German Manager Magazin: Schaeffler: share loses around 9 percent, auto supplier shocks shareholders with outlook002352
Author: Manager Magazin (German)
German Manager Magazin: Porsche Automobil Holding SE promissory note loan: The hardly noticed billion dollar deal and what is behind it002350
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 the subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Porsche Automobil Holding SE promissory note loan: The hardly noticed billion dollar deal and what is behind it002350
German Manager Magazin: EU ban on combustion engines: Wissing’s ego trip drives MEPs to despair002350
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 the subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: EU ban on combustion engines: Wissing’s ego trip drives MEPs to despair002350
German Manager Magazin: Volkswagen: Yvonne Bettkober becomes the new head of organizational development and transformation in the VW Group002349
A breath of fresh air in organizational development Volkswagen: Yvonne Bettkober (48), previously General Manager, Switzerland and Austria at cloud giant Amazon Web Services, will be in charge of global organizational development and transformation at Volkswagen AG from April 2023. This will make her the successor to Katharina Peterwerth (41), who left the car manufacturer… Continue reading German Manager Magazin: Volkswagen: Yvonne Bettkober becomes the new head of organizational development and transformation in the VW Group002349
German Manager Magazin: EU: Final vote on the end of combustion engines postponed after blockade by Germany002346
The European Union postpones the final vote on the planned end of combustion engines from 2035. This was announced by Sweden on Friday. The country currently holds the EU Council Presidency and must therefore play a leading role in sounding out compromises on controversial issues. An eagerly awaited test vote in Brussels was also canceled,… Continue reading German Manager Magazin: EU: Final vote on the end of combustion engines postponed after blockade by Germany002346
German Manager Magazin: Volkswagen: share goes up, VW increases profit and raises dividend002347
Volkswagen looks a little more relaxed after a year with many potholes. After the decline in deliveries in the past year, the group expects an increase of almost 15 percent to around 9.5 million vehicles in 2023. The reason is the order backlog of 1.8 million vehicles, which has accumulated due to a lack of… Continue reading German Manager Magazin: Volkswagen: share goes up, VW increases profit and raises dividend002347
German Manager Magazin: Allianz: Chairman of the Supervisory Board Michael Diekmann rises to become the top earner among the Dax supervisors002346
alliance-Supervisory Board Chairman Michael Diekmann (68) is expected to become one of the top earners among the Dax supervisors with a strong salary increase this year. The insurance giant wants to increase the annual fixed salary for the chairman of the supervisory board by 200,000 to 450,000 euros, according to the annual report published on… Continue reading German Manager Magazin: Allianz: Chairman of the Supervisory Board Michael Diekmann rises to become the top earner among the Dax supervisors002346
German Manager Magazin: Aramco: Saudi oil multinational joins Renault and Geely engine company002345
The oil multinational Saudi Aramco is investing in a new engine joint venture of the French carmaker Renault and the Chinese manufacturer Geely. The shares of Renault and Geely are equal in each case, Aramco will receive a minority share, the companies announced on Thursday. Manager magazin had already reported in October last year on… Continue reading German Manager Magazin: Aramco: Saudi oil multinational joins Renault and Geely engine company002345
German Manager Magazine: Volkswagen: Oliver Blume plans two new factories in America002344
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 the subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Volkswagen: Oliver Blume plans two new factories in America002344
German Manager Magazine: Volkswagen: Oliver Blume plans two new factories in America002343
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 Magazine: Volkswagen: Oliver Blume plans two new factories in America002343