The specialty chemicals company Lanxess founds a new plastics giant together with the financial investors from Advent. CEO Matthias Zachert (54) wants to use the billion dollar deal to reduce dependence on the auto industry. Together with Advent, Lanxess takes over the plastics business of the Dutch chemical company DSM for around 3.7 billion euros.… Continue reading German Manager Magazin: Lanxess and Advent found plastics company after deal worth billions with DSM001812
Author: Manager Magazin (German)
German Manager Magazin: The Microlino continues to struggle with starting difficulties 001810
The first appearance was spot on: Micro Mobility Systems AG shoved into the limelight with a small electric vehicle at the 2016 Geneva Motor Show. The Swiss company’s concept stood out at the trade fair, which at the time was primarily a meeting place for fans of petrol and diesel horsepower. A 2.50 meter short,… Continue reading German Manager Magazin: The Microlino continues to struggle with starting difficulties 001810
German Manager Magazin: EY study: Brilliant balance sheets hide the difficult situation of car manufacturers001810
According to the consulting company EY, the situation in the automotive industry is less rosy than the key figures from manufacturers suggest. This is how new cars are sold in China because of the corona lockdowns there negative pressure. This was reported by EY (Ernst & Young) in a study on the business figures of… Continue reading German Manager Magazin: EY study: Brilliant balance sheets hide the difficult situation of car manufacturers001810
German Manager Magazine: Volkswagen, Cariad, Northvolt, Mahle, Condor, Microlino: The new newsletter manage.mobility001805
The Cariad unit has been a top priority at Volkswagen since the end of the year, but even before that software was probably not such a buzz word for anyone as it was for Herbert Diess (63). Even under his responsibility for the most important area on the Group Executive Board, little has changed for… Continue reading German Manager Magazine: Volkswagen, Cariad, Northvolt, Mahle, Condor, Microlino: The new newsletter manage.mobility001805
German Manager Magazin: McLaren GT in the test: childhood love 001805
Sports car, touring car – the McLaren GT reconciles seemingly incompatible things. That looks attractive. Go to Source
German Manager Magazine: Volkswagen in China: How Ralf Brandstätter wants to escape the trap001807
The German car company is falling behind in its most important market. The new China board member Ralf Brandstätter wants to change the previous course – and adapt the cars to the digital wishes of the customers. Go to Source
German Manager Magazine: Volkswagen and Cariad SE: A McKinsey paper reveals the current failure of Herbert Diess001806
Volkswagen boss Herbert Diess cannot close the gap to Tesla. His errors in the software strategy also cause additional billions in costs and sometimes years of delays. An internal McKinsey analysis reveals the disaster. Go to Source
German Manager Magazine: Northvolt AB: Peter Carlsson started what is probably Europe’s most important start-up001805 with the battery manufacturer
After his time with Elon Musk, he actually wanted to take it easy. Instead, the Swede started what is probably Europe’s most important start-up with the battery manufacturer Northvolt. Who is the man the car bosses are fighting over? Go to Source
German Manager Magazin: Diesel scandal: Volkswagen pays British plaintiffs 227 million euros001804
The automobile company Volkswagen has after a British class action in diesel scandal reached a settlement of around 227 million euros (193 million pounds). More than 90,000 owners of diesel vehicles from the Volkswagen brands VW, Audi, Seat and Skoda because of manipulated emission data. The case, which was due to be heard in London’s… Continue reading German Manager Magazin: Diesel scandal: Volkswagen pays British plaintiffs 227 million euros001804
German Manager Magazin: Volkswagen: Herbert Diess defends commitment in Xinjiang and warns of new block formation001803
Europe’s largest car manufacturer Volkswagen continues to focus on globalization despite the increasing pressure on world trade. “We have this discussion of a new block formation here,” said VW boss Herbert Diess (63) on Wednesday on the sidelines of the annual conference of the World Economic Forum in Davos in front of journalists. Both VW… Continue reading German Manager Magazin: Volkswagen: Herbert Diess defends commitment in Xinjiang and warns of new block formation001803