German Manager Magazine: Ex-Porsche boss Wendelin Wiedeking calls for tough cuts at VW003554

The Volkswagen-Group comes in the opinion of the former Boss and VW supervisory board member Wendelin Wiedeking (72) cannot avoid tough cuts. “VW would do well to invest in Germany “To subject him to a horse cure,” Wiedeking told the newspaper “Bild” according to the preliminary report. Compared to many other locations, including those owned… Continue reading German Manager Magazine: Ex-Porsche boss Wendelin Wiedeking calls for tough cuts at VW003554

German Manager Magazine: ZF Friedrichshafen: Thousands of employees protest against job cuts003553

According to the announced Cuts up to 14,000 jobs at the auto supplier ZF Thousands of employees protested on Tuesday. “We are taking this action because we are against this frontal attack on the workforce Germany “We have to defend ourselves,” said a works council spokesman at the company’s headquarters in Friedrichshafen. Around 3,000 participants… Continue reading German Manager Magazine: ZF Friedrichshafen: Thousands of employees protest against job cuts003553

German Manager Magazine: Northvolt: Savings program and uncertainty surrounding the large factory in Heide003552

The ailing Swedish battery manufacturer Northvolt is cutting costs and announcing job cuts. Among other things, the company announced on Monday that the production of cathode material at the site in Skelleftea in northern Sweden would be discontinued. It is still unclear how many jobs will be lost. A facility in Borlänge in central Sweden… Continue reading German Manager Magazine: Northvolt: Savings program and uncertainty surrounding the large factory in Heide003552

German Manager Magazine: Volkswagen: VW and Seat swap financial directors. Patrik Andreas Mayer goes to Spain.003551

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: VW and Seat swap financial directors. Patrik Andreas Mayer goes to Spain.003551

German Manager Magazine: Volkswagen: VW boss Oliver Blume announces further cost-cutting measures003550

After the announcement of the Volkswagen-Group’s plan to further tighten austerity measures with job cuts and possible factory closures at the core VW brand, group board member Oliver Blume (56) describes the poor economic situation at Volkswagen as alarming. At the VW brand, the situation is “so serious that you can’t just let everything continue… Continue reading German Manager Magazine: Volkswagen: VW boss Oliver Blume announces further cost-cutting measures003550

German Manager Magazine: SUVs and pick-up trucks seem safe, but they kill more people than they protect003549

Monster vehicles The killer cars from America Anyone who drives a huge pickup truck or SUV that weighs tons feels safe. But this safety comes at a monstrous price: the number of fatalities in small compact cars that collide with such heavyweights has risen sharply. Is road safety becoming a question of your own wallet?… Continue reading German Manager Magazine: SUVs and pick-up trucks seem safe, but they kill more people than they protect003549

German Manager Magazine: Fall in the price of tech stocks on the stock market: Nasdaq, Dow and Dax and Bitcoin with high losses003548

Economic concerns and a disappointing outlook from chip giant Broadcom   weighed heavily on the US stock markets on Friday. Technology stocks, which had already plummeted on Tuesday, were once again hit particularly hard. The technology-heavy Nasdaq 100 lost 2.7 percent to 18,421 points on Friday. On a weekly basis, this results in a loss… Continue reading German Manager Magazine: Fall in the price of tech stocks on the stock market: Nasdaq, Dow and Dax and Bitcoin with high losses003548

German Manager Magazine: SUVs and pick-up trucks in traffic accidents: The killer cars from America003547

Monster vehicles The killer cars from America Anyone who drives a huge pickup truck or SUV that weighs tons feels safe. But this safety comes at a monstrous price: the number of fatalities in small compact cars that collide with such heavyweights has risen sharply. Is road safety becoming a question of your own wallet?… Continue reading German Manager Magazine: SUVs and pick-up trucks in traffic accidents: The killer cars from America003547

German Manager Magazine: Volkswagen: Stephan Weil calls for the purchase bonus for electric cars to be returned003546

Lower Saxony’s Prime Minister Stephan Weil (65, SPD) has said against the background of the slow sales of Electric cars called for the state purchase premium to be reinstated. From his point of view, this would be “very helpful” because we must above all “think about private consumers with smaller wallets,” Weil told the “Neue… Continue reading German Manager Magazine: Volkswagen: Stephan Weil calls for the purchase bonus for electric cars to be returned003546

German Manager Magazine: Auto industry: German car manufacturers record drastic decline in domestic sales003545

The Association of the Automotive Industry (VDA) expects increasingly difficult conditions for German car manufacturers in the home market. “The difficult overall economic situation is affecting consumer behavior and is causing comparatively weak demand for cars,” said VDA chief economist Manuel Kallweit to the “Augsburger Allgemeine”. Domestic sales are massively below the level before the… Continue reading German Manager Magazine: Auto industry: German car manufacturers record drastic decline in domestic sales003545