The introduction of a four-day week is out of the question for the automaker Daimler. “A four-day week with wage compensation, as demanded by IG Metall, is neither expedient nor economically feasible in view of the situation in the automotive industry,” said HR director Wilfried Porth (61) on Wednesday. It is a matter of securing… Continue reading German Manager Magazin: Daimler Board of Management rejects four-day working week000040
Author: Manager Magazin (German)
German Manager Magazin: VW bugging affair in dispute with Prevent: Suspect found dead in the car000019
In the VW bugging affair there is a dramatic twist. According to one Report of the Wolfsburger Nachrichten A VW employee whose home was arson attacked in May was found dead in a burned-out car on Wednesday. The body was discovered in a car in the village of Rottorf (Helmstedt district). According to information from… Continue reading German Manager Magazin: VW bugging affair in dispute with Prevent: Suspect found dead in the car000019
German Manager Magazin: Electric Mobility: Poland is planning its own electric car brand, cars will be ready for series production from 2023000001
At the end of December 2019, Turkish President Recep Tayyip Erdoğan (66) took an extra dose of pathos on a stage: A “sixty-year-old dream” is now coming true, he explained when presenting two prototypes the first own electric cars in his country. With his dream of his own “people” –Electric car Erdoğan is not alone:… Continue reading German Manager Magazin: Electric Mobility: Poland is planning its own electric car brand, cars will be ready for series production from 2023000001
German Manager Magazin: “We are ready to push our limits” 000001
The car maker Volkswagen want despite the Corona virus-Pandemic still make an operating profit with the VW brand this year. “We continue to be financially robust and are aiming for a positive operating result for the year as a whole,” said Brand Finance Director Alexander Seitz (58) on Friday. “We are ready to push ourselves… Continue reading German Manager Magazin: “We are ready to push our limits” 000001
German Manager Magazin: Car manufacturers give more discounts – highest discounts on electric cars000003
On the German Car market prices drop for end users. According to the regular discount study conducted by the Duisburg CAR Institute, dealers and manufacturers tweaked all available screws for discounts in July. The lower VAT had a particular impact on the internet offer prices of 30 popular models, which were on average 22.5 percent… Continue reading German Manager Magazin: Car manufacturers give more discounts – highest discounts on electric cars000003
German Manager Magazin: Audi AG: Markus Duesmann000002’s comeback plan
The long shutdown of auto factories and car dealers and the slump in customer demand haveAudilet it slide deep into the red. The VW subsidiary sold 22 percent fewer cars worldwide in the first half of the year, sales fell 29 percent to only 20.5 billion euros and the operating loss was 750 million euros.… Continue reading German Manager Magazin: Audi AG: Markus Duesmann000002’s comeback plan
German Manager Magazin: MAN rips VW subsidiary Traton into the red 0000 001
The Volkswagen commercial vehicle holding company Traton cannot rule out a loss for the full year due to customers’ reluctance to buy. It is new Traton boss Matthias Gründler (54) is confident of a certain recovery in the second half of the year. “As our business has slowly stabilized after the sharp slump in April,… Continue reading German Manager Magazin: MAN rips VW subsidiary Traton into the red 0000 001
German Manager Magazin: Automobile industry Quarterly figures: How well (or badly) automakers are coping with the corona crisis000003
For weeks, car factories stood still, car dealerships were orphaned, traffic offices closed: The Coronavirus pandemicSo much has been clear since the lockdowns in Europe and the USA would hit the automotive industry hard. Now a number of major automakers have released their second quarter figures, which ran from early April to late June. Now… Continue reading German Manager Magazin: Automobile industry Quarterly figures: How well (or badly) automakers are coping with the corona crisis000003
German Manager Magazin: McKinsey: Corona slows down the German auto industry for another three years000002
At the beginning of this week, Opel boss Michael Lohscheller (51) reported a rare success at this time: The car manufacturer from Rüsselsheim, part of the French PSA group, actually made a profit in the first half of the year: 110 million euros in operating profit means a margin of 2 Percent. But, and that… Continue reading German Manager Magazin: McKinsey: Corona slows down the German auto industry for another three years000002
German Manager Magazin: Northvolt Secures $ 1.6 Billion for Battery Factory000001
The Swedish Battery producer Northvolthas secured loans totaling $ 1.6 billion for the massive expansion of its production. The company announced on Wednesday in Stockholm. Donors include other banks, pension funds and financial institutions, including the European Investment Bank (EIB), which provides $ 350 million. This enables the company, which as a partner as from… Continue reading German Manager Magazin: Northvolt Secures $ 1.6 Billion for Battery Factory000001