Gerhard Cromme (79) has a new job. The ex-co-CEO of thyssenkrupp and former Chairman of the Board of Siemens will head the advisory board of the Berlin battery start-up Theion. The Norwegian investor Stine Rolstad Brenna and Osman Dumbuya, CEO of the software company Incari, are also moving into the newly created body with Cromme.… Continue reading German Manager Magazine: Gerhard Cromme: Ex-Siemens supervisory board boss becomes advisory board chairman of the battery start-up Theion001975
Author: Manager Magazin (German)
German Manager Magazin: Elon Musk confused with tweet about Manchester United001973
“I’m also buying Manchester United. You’re welcome.” With this succinct tweet Tesla-Boss Elon Musk (51) once again a lot of excitement Twitter caused. On Wednesday night, the richest man in the world announced that he would buy the English football club – after previously joking that he politically supported the left half of the Republicans… Continue reading German Manager Magazin: Elon Musk confused with tweet about Manchester United001973
German Manager Magazin: Auto Industry: Christian Malorny from Kearney on the new luxury boom001973
Hermès and Ferrari as role models Why the car manufacturers focus on luxury Bottlenecks in the parts, long waiting times, sometimes even order stops – and yet the corporations earn brilliantly. Kearney consultant Christian Malorny explains why luxury is booming – and why the retailers are the losers of the trend. 08/18/2022, 06:15 a.m Go… Continue reading German Manager Magazin: Auto Industry: Christian Malorny from Kearney on the new luxury boom001973
German Manager Magazin: Porsche, Audi, Formula 1: The most important racing series in the world is changing its set of rules001972
After months of deadlock, the world automotive association FIA has confirmed the regulations for Formula 1 engines from the 2026 season and thus the basis for an entry by Porsche and Audi placed. On Tuesday, the World Motor Sport Council approved the draft, which lays down the technical and economic parameters for the new hybrid… Continue reading German Manager Magazin: Porsche, Audi, Formula 1: The most important racing series in the world is changing its set of rules001972
German Manager Magazin: VW: Wolfsburg consider strategic alliance with Indian carmaker Mahindra001971
Volkswagen is making faster progress than expected in its cooperation with the Indian car manufacturer Mahindra. A few months after the preliminary contract the partners are already talking about deepening the partnership by supplying components for the platform technology for electric cars developed by the Wolfsburg-based company. Accordingly, possibilities of cooperation up to a strategic… Continue reading German Manager Magazin: VW: Wolfsburg consider strategic alliance with Indian carmaker Mahindra001971
German Manager Magazin: Rivian: Electric pickup manufacturer burns more money than expected001969
US electric car manufacturer Rivian overturned its forecast for the current year on Friday night. The Californians now expect a loss of 5.45 billion dollars for the full year, previously they had assumed 4.75 billion dollars. Rivian attributed the negative outlook primarily to increased production and material costs. Most recently, the company laid off around… Continue reading German Manager Magazin: Rivian: Electric pickup manufacturer burns more money than expected001969
German Manager Magazine: Mercedes-Benz, CATL: Battery cooperation for electric cars001969
Of the carmaker Mercedes Benz builds its own production of electric car-Battery cells shared with the chinese Battery company CATL out. In Hungary, a new production facility for battery cells from the Chinese supplier is being built in Debrecen, Mercedes announced in Stuttgart on Friday. Mercedes-Benz secured the right to be the first customer to… Continue reading German Manager Magazine: Mercedes-Benz, CATL: Battery cooperation for electric cars001969
German Manager Magazin: Volkswagen: Oliver Blume apparently wants to downsize the board of directors001968
According to a report by the Reuters news agency, future Volkswagen boss Oliver Blume (54) is considering downsizing the group’s board of directors. The company management, which had swelled to twelve members under his predecessor Herbert Diess (63), had proven to be too large and difficult to coordinate, several people familiar with the considerations told… Continue reading German Manager Magazin: Volkswagen: Oliver Blume apparently wants to downsize the board of directors001968
German Manager Magazin: Michael Lohscheller: Ex-Opel boss becomes CEO at Nikola Motor001967
Promotion for Michael Lohscheller (54). The German automotive manager will be the new CEO of the truck start-up Nikola on January 1, 2023. As the US company announced on Wednesday, the current boss Mark Russell (58) will then retire. Lohscheller, who joined Nikola in February as head of the engine division, will be part of… Continue reading German Manager Magazin: Michael Lohscheller: Ex-Opel boss becomes CEO at Nikola Motor001967
German Manager Magazin: Tesla boss Elon Musk sells Tesla shares for 6.9 billion dollars in dispute with Twitter001965
Tesla-Boss Elon Musk has sold shares in the electric car maker worth 6.9 billion dollars. He sold about 7.92 million shares between Aug. 5 and Aug. 9, according to multiple filings. According to calculations by Reuters, he now owns almost 15 percent of the automaker. The funds that Musk raised with the share sale could… Continue reading German Manager Magazin: Tesla boss Elon Musk sells Tesla shares for 6.9 billion dollars in dispute with Twitter001965