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
Author: Manager Magazin (German)
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
German Manager Magazin: Daimler Truck: Truck builder joins machine builder Manz001802
The machine builder Manz is aware Daimler Truck a new anchor shareholder. The truck manufacturer is participating in the company as part of a capital increase of around 10 percent of the share capital, Manz announced on Monday in Reutlingen. After the deal has been approved by the authorities, Daimler Truck will acquire the new… Continue reading German Manager Magazin: Daimler Truck: Truck builder joins machine builder Manz001802
German Manager Magazin: Troubled car supplier: Leoni wants to raise 50 million euros on the capital market001801
The auto supplier Leoni needs about 50 million euros and wants to tap the capital market for it. As the Nuremberg company announced ad hoc on Sunday, the issue of new shares or a convertible bond is being examined in order to redeem the hoped-for sum. According to Leoni, the possible equity measure is part… Continue reading German Manager Magazin: Troubled car supplier: Leoni wants to raise 50 million euros on the capital market001801
German Manager Magazin: Elon Musk: Allegations of harassment against CEO cause Tesla shares to fall by eight percent001799
The technology billionaire Elon Musk has firmly denied allegations of harassment from 2016. “These wild allegations are absolutely untrue,” Musk wrote on Twitter. The US news portal “Insider” had previously reported that Musk’s aerospace company SpaceX paid $250,000 in a non-disclosure agreement four years ago to a flight attendant who had accused him of sexual… Continue reading German Manager Magazin: Elon Musk: Allegations of harassment against CEO cause Tesla shares to fall by eight percent001799
German Manager Magazin: Volvo C40 Recharge in the test: Now it’s leathered001799
Are you also one of those people for whom a look at the operating manual borders on personal defeat? Ever since driving the 1st Edition Volvo C40 Recharge Pure Electric Twin, my attitude towards it has changed fundamentally. “Anything unclear?” the Volvo spokesman asked me politely before handing me the key to the C40. “No,… Continue reading German Manager Magazin: Volvo C40 Recharge in the test: Now it’s leathered001799
German Manager Magazin: Gas: Germany and Qatar agree on energy partnership001798
In the struggle for greater independence from Russian gas, the German government has concluded an energy partnership with Qatar. The country’s Energy Minister, Saad Sherida Al-Kaabi, and Economics Minister Robert Habeck (52) signed a declaration of intent for deeper cooperation in Berlin on Friday. Germany wants to source liquefied natural gas (LNG) from Qatar. Cooperation… Continue reading German Manager Magazin: Gas: Germany and Qatar agree on energy partnership001798