The sports car manufacturerPorschehas extended the job security for the permanent workforce in the Stuttgart region until the end of July 2030. A company spokesman said the agreement between the board of directors and the works council was in place. The “Stuttgarter Zeitung” and “Stuttgarter Nachrichten” had previously reported on Wednesday. The new job guarantee,… Continue reading German Manager Magazin: Porsche AG: Job security for the Stuttgart region extended until 2030000326
Author: Manager Magazin (German)
German Manager Magazin: Volkswagen: Sales decline worldwide in October. Even China is weak
After stabilizing slightly in September, theVolkswagen-Group falling sales again. The deliveries of the world’s largest automaker decreased in October by 4.9 percent compared to the same month last year. As Volkswagen announced on Friday, a total of 903,200 vehicles were brought to customers. Previously, the business burdened by the Corona crisis had initially caught up… Continue reading German Manager Magazin: Volkswagen: Sales decline worldwide in October. Even China is weak
German Manager Magazin: Volkswagen: Investments stagnate, but more for electric cars – Plant Emden loses Passat000323
The world’s largest automaker Volkswagenincreased amidst the Corona crisis and the economic uncertainty set the pace when switching to the Electromobility. In the next five years (2021-2025), Volkswagen plans to invest 73 billion euros in climate-friendly drives and digitalization and thus almost every second euro of its entire investment budget in this period. As before,… Continue reading German Manager Magazin: Volkswagen: Investments stagnate, but more for electric cars – Plant Emden loses Passat000323
German Manager Magazin: Billions in aid for auto suppliers: Peter Altmaier wants “bonus program” 000295
Federal Minister of Economics Peter Altmaier (62, CDU) has presented key points for a billion-dollar program with the Auto supplier to be supported in structural change. According to information from the German Press Agency, the program is intended to accelerate transformation, strengthen innovation and advance the use of data. The Ministry of Economic Affairs assumes… Continue reading German Manager Magazin: Billions in aid for auto suppliers: Peter Altmaier wants “bonus program” 000295
German Manager Magazin: Oliver Zipse, BMW: “A hard Brexit won’t kill us” 000295
BMW boss Oliver Zipse (56) sees the elections in the USA and the struggle for one Brexit trade agreement calmly. “We can get along with any government,” Zipse told journalists in Munich. And if Great Britain and the EU should collect customs duties on cars and parts from January, that would be a burden, but… Continue reading German Manager Magazin: Oliver Zipse, BMW: “A hard Brexit won’t kill us” 000295
German Manager Magazin: Federal Environment Agency imposes a fine of millions on Tesla000289
The US electric car makerTeslashould in Germany Pay a fine of over twelve million euros. According to information from “Welt am Sonntag”, this is evident from the report filed with the US Securities and Exchange Commission for the third quarter of the fiscal year. It says: “The German Federal Environment Agency (UBA) has issued a… Continue reading German Manager Magazin: Federal Environment Agency imposes a fine of millions on Tesla000289
German Manager Magazin: Ford and Volvo agree on CO2 alliance000289
The American automaker ford tries to avoid the impending CO2 penalties in Europe through an alliance with the Swedish competitor Volvo. The companies registered their alliance with the European Union on Thursday. Ford will meet the stricter rules for CO2 emissions that have been in effect since this year together with Volvo, according to company… Continue reading German Manager Magazin: Ford and Volvo agree on CO2 alliance000289
German Manager Magazin: Ford: Pickup hype makes for profit000288
The second largest US automakerfordhas increased profit significantly in the third quarter. The bottom line was that the group earned 2.4 billion dollars (2 billion euros) in the three months to the end of September after 400 million in the same period last year. Sales rose 1 percent to $ 37.5 billion, Ford announced on… Continue reading German Manager Magazin: Ford: Pickup hype makes for profit000288
German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288
Before the crucial phase of the merger with Fiat Chrysler can he OpelParent companyPPEhave a robust business and full order books. In the third quarter, sales in the auto division rose by 1.2 percent to almost twelve billion euros. One reason is that the French group again sold more profitable vehicles such as SUVs and… Continue reading German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288
German Manager Magazin: Audi: Higher Regional Court confirms squeeze-out, Volkswagen subsidiary leaves stock exchange000289
Volkswagen can as planned the minority shareholdersAudipush out and his daughter from the Stock exchange to take. The Munich Higher Regional Court granted the application to release the squeeze-out, said CFO Arno Antlitz (50) on Friday at a conference call on the quarterly figures. The transfer resolution passed by the general meeting at the end… Continue reading German Manager Magazin: Audi: Higher Regional Court confirms squeeze-out, Volkswagen subsidiary leaves stock exchange000289