German Manager Magazin: VW: Canada wants to subsidize battery factory with almost nine billion euros002453

The Canadian government has that Volkswagen-Group promised billions in subsidies for its battery factory in the province of Ontario. Prime Minister Justin Trudeau (51) promised the Wolfsburg automaker up to 13.2 billion Canadian dollars (8.9 billion euros) in state funds over the next ten years. From the group’s first battery factory in North America Canada… Continue reading German Manager Magazin: VW: Canada wants to subsidize battery factory with almost nine billion euros002453

German Manager Magazin: Chile: President Gabriel Boric wants to nationalize lithium mining002452

Chile’s President Gabriel Boric (37) wants to nationalize the country’s growing lithium industry. This should stimulate the economy and protect the environment. “This is an opportunity for economic growth that will be difficult to beat in the short term,” Boric said in a televised address. It is the best chance to switch to a sustainable… Continue reading German Manager Magazin: Chile: President Gabriel Boric wants to nationalize lithium mining002452

German Manager Magazin: Dax board salaries: Rorsted and Diess earn the most after leaving002451

Two CEOs who have resigned will top the top 40 public company payroll list in 2022 thanks to their long-term contracts. This emerges from an analysis of the remuneration reports by the news agency Reuters. Ex-AdidasAccording to calculations by the Reuters news agency, boss Kasper Rorsted (61) received a total of 15.37 million euros thanks… Continue reading German Manager Magazin: Dax board salaries: Rorsted and Diess earn the most after leaving002451

German Manager Magazin: Volkswagen: Despite weak business in China, VW is again selling more cars worldwide002450

The sales of Volkswagen-Group improved again in the first quarter. As the Wolfsburg-based company announced on Friday, worldwide deliveries from the beginning of January to the end of March rose by 7.5 percent to just over two million vehicles compared to the same period last year. One reason for this is the gradually stabilizing supply… Continue reading German Manager Magazin: Volkswagen: Despite weak business in China, VW is again selling more cars worldwide002450

German Manager Magazin: Mercedes-Benz achieves a return of almost 15 percent002446

Reason for joy at Ola Källenius (53): The CEO of the car manufacturer Mercedes Benz can continue to benefit from high sales prices in view of the impending economic downturn. In the first quarter, the Stuttgart-based company exceeded the strong value from the same period last year with its earnings before interest and taxes, according… Continue reading German Manager Magazin: Mercedes-Benz achieves a return of almost 15 percent002446

German Manager Magazin: Ice cream disaster for BMW in China at Auto Shanghai002446

The competition of Chinese brands makes the German car manufacturers to create. After years of dominance, competitors like BYD are in China already passed and are also preparing to take off internationally. A critical phase for the German car industry. Shitstorms come at the wrong time – but one just broke over bmw in. Their… Continue reading German Manager Magazin: Ice cream disaster for BMW in China at Auto Shanghai002446

German Manager Magazine: Volkswagen, BMW, Mercedes: How Chinese car manufacturers are duping the German002447

Auto Shanghai is the most important automobile show in a long time. The IAA is revived in Munich, the Geneva Motor Show has recently been canceled several times. In China on the other hand, the industry is bouncing around like it was in the best of times. Local brands in particular are presenting themselves more… Continue reading German Manager Magazine: Volkswagen, BMW, Mercedes: How Chinese car manufacturers are duping the German002447

German Manager Magazin: Volkswagen no longer market leader in China: Are newcomers like BYD overrunning the German car group?002446

For decades it was the most lucrative subscription in German industry: Volkswagen’s market leadership in China. In the electric age, however, the Wolfsburg-based group has lost its top position – to the Chinese attackers BYD. manager-magazin editor Claas Tatje traveled to the exhibition of the international auto elite, to Auto Shanghai. In an interview with… Continue reading German Manager Magazin: Volkswagen no longer market leader in China: Are newcomers like BYD overrunning the German car group?002446

German Manager Magazine: Continental and Volkswagen: How Siggi Wolf wanted to set up an automobile combine in Kaluga002445

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: Continental and Volkswagen: How Siggi Wolf wanted to set up an automobile combine in Kaluga002445

German Manager Magazin: Stock market: Bad Tesla news weighs on the Dax, including Sartorius shares with a price slide002440

Gloomy mood on the German stock market. The dax lost 0.70 percent to 15,784 points as of Thursday afternoon, falling to its lowest level for the week. The MDax fell by 0.54 percent to 27,743 points. The EuroStoxx 50 held up slightly better at minus 0.33 percent. Tesla’s quarterly figures in particular caused a stir.… Continue reading German Manager Magazin: Stock market: Bad Tesla news weighs on the Dax, including Sartorius shares with a price slide002440