The cash-strapped US electric car industryStartup Fisker stops production of its Ocean model. Production at contract manufacturer Magna in Austria will be interrupted for six weeks, the company announced on Monday. Fisker previously owed $8.4 million in interest on convertible notes. The company said it deliberately decided to default in order to gain time for… Continue reading German Manager Magazine: Electric car: Fisker doesn’t pay interest and stops production003180
Author: Manager Magazin (German)
German Manager Magazine: Volkswagen: UAW boss Shawn Fain wants to know again at VW003180
The US auto union UAW has a good chance of conducting collective bargaining for employees at the US Volkswagen plant in Chattanooga (Tennessee) in the future. Around 70 percent of the employees at the plant have spoken out in a petition to the National Labor Relations Board in favor of union representation at their plant,… Continue reading German Manager Magazine: Volkswagen: UAW boss Shawn Fain wants to know again at VW003180
German Manager Magazine: Tesla: Estimate of costs for repairing electricity pylon after attack published003179
The cost of restoring power to the Tesla-Factory in Grünheide after the attack is expected to cost more than one million euros, according to information from the German Press Agency. The head of the regional network operator Edis, Alexander Montebaur, named this sum at a meeting of the Tesla Task Force last Wednesday in the… Continue reading German Manager Magazine: Tesla: Estimate of costs for repairing electricity pylon after attack published003179
German Manager Magazine: Hertz: Car rental company replaces boss after electric car offensive goes wrong003178
The US car rental company Hertz is giving up after a failed bet on the future Electric vehicles a change of boss. Gil West, who until recently was responsible for operational business at the robotaxi company Cruise, is set to take over the management of the company on April 1st. Hertz announced on Friday that… Continue reading German Manager Magazine: Hertz: Car rental company replaces boss after electric car offensive goes wrong003178
German Manager Magazine: ZF Friedrichshafen: Automotive supplier stomps its start-up business003176
Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: ZF Friedrichshafen: Automotive supplier stomps its start-up business003176
German Manager Magazine: Mercedes-Benz: Ola Källenius could become the top earner in the Dax003176
Mercedes Benz-Boss Ola Källenius (54) could have become the top earner among the top managers of the largest listed companies last year with remuneration of 12.74 million euros. The Stuttgart-based carmaker reported an 80 percent jump in salary for the Swedish native in its compensation report published on Friday. It is the highest salary ever… Continue reading German Manager Magazine: Mercedes-Benz: Ola Källenius could become the top earner in the Dax003176
German Manager Magazine: Logistics start-ups in crisis: billion-dollar company Sennder wants to benefit003173
Dear reader. Logistics start-ups have long been among the secret stars of the start-up scene. Pandemic-related problems in global supply chains fueled demand – and the imagination of financiers. The great US model Convoy was now worth 4 billion, and two unicorn companies, Sennder and Forto, were also created in Berlin. This week we researched… Continue reading German Manager Magazine: Logistics start-ups in crisis: billion-dollar company Sennder wants to benefit003173
German Manager Magazine: Martin Winterkorn: Trial against ex-Volkswagen boss starts in September 003173
The former Volkswagen-Boss Martin Winterkorn (76) has to retire because of the Diesel scandal to stand trial in Braunschweig from September. The main hearing will begin on September 3rd, the Braunschweig regional court announced on Friday. The proceedings on suspicion of fraud and false statements and the proceedings on suspicion of market manipulation would be… Continue reading German Manager Magazine: Martin Winterkorn: Trial against ex-Volkswagen boss starts in September 003173
German Manager Magazine: Money machine start-up funds: How Bitburger, Haniel and Oetker invest in VC funds003173
Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. The subscription is automatically extended 24 hours before it expires one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To manager+ outside To use this app,… Continue reading German Manager Magazine: Money machine start-up funds: How Bitburger, Haniel and Oetker invest in VC funds003173
German Manager Magazine: Webasto: Automotive supplier announces job cuts after disappointing annual results003172
The automotive supplier Webasto is planning massive job cuts. “A double-digit percentage job cut is probably unavoidable,” said CEO Holger Engelmann (58) on Thursday in Stockdorf near Munich. Webasto currently employs 16,600 people worldwide. “The annual result for 2023 is disappointing and forces us to act.” Last year, sales increased slightly to 4.6 billion euros.… Continue reading German Manager Magazine: Webasto: Automotive supplier announces job cuts after disappointing annual results003172