The automotive supplier Mahle is restructuring. The Stuttgart-based company is reorganizing its business areas and reducing its management from seven to four members. Mahle announced this on Friday. Arnd Franz remains CEO, Jumana Al-Sibai, Markus Kapaun and Georg Dietz also remain part of the management. In the future, Al-Sibai will lead the “Thermal and Fluid… Continue reading German Manager Magazine: Mahle: Automotive supplier is downsizing its management003782
Author: Manager Magazin (German)
German Manager Magazine: Volkswagen crisis: IG Metall disappointed by VW003784’s rejection of the future concept
Volkswagen has the latest proposals from IG Metall and works council to reduce costs rejected as insufficient. “Even after intensive analysis, a sustainable saving of 1.5 billion euros cannot be determined,” said Europe’s largest car manufacturer after testing the concept. “Although there can be positive effects in the short term, the measures mentioned will generally… Continue reading German Manager Magazine: Volkswagen crisis: IG Metall disappointed by VW003784’s rejection of the future concept
German Manager Magazine: Formula 1: Qatar invests in Audi’s Formula 1 team with sovereign wealth fund Qatar Investment Authority003783
The sovereign wealth fund of the Emirate of Qatar is increasing Audi Formula 1 team a. The Qatar Investment Authority (QIA) has made a binding commitment to take over a significant minority stake, it said Volkswagen-Daughter on Friday. The car manufacturer did not provide any information about the extent of the investment. According to an… Continue reading German Manager Magazine: Formula 1: Qatar invests in Audi’s Formula 1 team with sovereign wealth fund Qatar Investment Authority003783
German Manager Magazine: Volkswagen: Car manufacturer faces billions in fine in India – accusation of tax evasion003782
Volkswagen threatens, according to a document India a billion-dollar fine for tax evasion. The company has underpaid a total of almost $1.4 billion in import duties since 2012, according to a 95-page document from the Indian customs authorities dated September 30, which was seen by Reuters. VW knowingly violated customs regulations by sending the parts… Continue reading German Manager Magazine: Volkswagen: Car manufacturer faces billions in fine in India – accusation of tax evasion003782
German Manager Magazine: E-cars, agencies and fear of China – the billion-dollar risk in car sales003781
In many ways, 2024 will go down in history as a difficult year for the auto industry. If you look ahead, it is already clear: 2025 will not be any easier. Especially not for the sales departments of car manufacturers: On the one hand, they have to ensure that significantly more electric cars come onto… Continue reading German Manager Magazine: E-cars, agencies and fear of China – the billion-dollar risk in car sales003781
German Manager Magazine: Northvolt: What’s next for the battery start-up from Sweden?003780
Lack of money instead of giga production, struggle for existence instead of expansion: this has been the case since last week at the latest Northvolt in a new world. The start-up from Sweden has long been Europe’s great hope in the promising market for batteries, which will be needed on a large scale in the… Continue reading German Manager Magazine: Northvolt: What’s next for the battery start-up from Sweden?003780
German Manager Magazine: SAP shares as an investment: Is it still worth getting started?003779
SAP is the heavyweight in the DAX portfolio. The tech company from Walldorf alone accounts for 14 percent of the weight in the leading German index of the 40 largest German stock corporations. These follow Deutsche Telekom and Siemens each with significantly less than 10 percent. That means: Around a seventh of the DAX performance… Continue reading German Manager Magazine: SAP shares as an investment: Is it still worth getting started?003779
German Manager Magazine: Northvolt: Sweden demands help from Brussels for Northvolt003776
Against the background of the crisis at the Swedish battery manufacturer Northvolt In Brussels, Sweden called for more support for the production of batteries in the EU. The financial difficulties at Northvolt are not a sign of “a Swedish crisis, but of a European crisis,” said Ebba Busch (37), Sweden’s Deputy Prime Minister and Energy… Continue reading German Manager Magazine: Northvolt: Sweden demands help from Brussels for Northvolt003776
German Manager Magazine: Knaus Tabbert: Caravan manufacturer fires two managers after raid on suspicion of corruption003776
After the raid on Knaus Tabbert, the company took action and dismissed two managers from the board without notice. They are investigating both of them Public prosecutor on suspicion of corruption. The supervisory board decided to revoke the appointment of the two suspects as board members “with immediate effect for good cause due to criminal… Continue reading German Manager Magazine: Knaus Tabbert: Caravan manufacturer fires two managers after raid on suspicion of corruption003776
German Manager Magazine: Current news about Nio, Volkswagen, Northvolt, Audi – in the newsletter “manage:mobility”003776
Dear reader, Many car manufacturers are currently working on the right strategy to avoid a CO2 disaster in Europe in 2025. The best option would probably be to sell more electric cars. But how can you achieve this without total economic loss? One of the most renowned salespeople in Germany’s automotive industry will discuss this… Continue reading German Manager Magazine: Current news about Nio, Volkswagen, Northvolt, Audi – in the newsletter “manage:mobility”003776