German Manager Magazine: Volkswagen: VW employees and works council threaten to block factories003685

The federal government has called on the VW Group to keep jobs. We still have to wait and see what happens Volkswagen himself declared this, said a government spokesman in Berlin with a view to information from the works council, according to which VW wants to close plants and cut tens of thousands of jobs.… Continue reading German Manager Magazine: Volkswagen: VW employees and works council threaten to block factories003685

German Manager Magazine: Collective bargaining dispute: IG Metall starts wave of warning strikes003684

The union IG Metall is using the first opportunity in the collective bargaining dispute to launch a large-scale wave of warning strikes. The union announced on Monday that warning strikes in the night shifts, rallies and other actions in companies in the metal and electrical industries are planned nationwide on Tuesday night, when the peace… Continue reading German Manager Magazine: Collective bargaining dispute: IG Metall starts wave of warning strikes003684

German Manager Magazine: VW works council: “The board wants to close at least three plants”003683

The general works council sounded the alarm at the same time in all ten German VW plants on Monday. Plant closures, salary cuts, abolition of entire areas – the employee representatives painted a dramatic picture at their information events. “None of us can feel safe here anymore,” warned works council leader Daniela Cavallo (49). “The… Continue reading German Manager Magazine: VW works council: “The board wants to close at least three plants”003683

German Manager Magazine: SVolt: Battery manufacturer stops business in Europe, Saarland hard hit003681

The Chinese high-tech company SVolt Energy Technology will cease its operations in Europe at the end of January 2025. The company in Saarbrücken announced that the company had informed the Saarland Ministry of Economic Affairs of this in writing. It is not possible to say at this point what exactly the consequences will be for… Continue reading German Manager Magazine: SVolt: Battery manufacturer stops business in Europe, Saarland hard hit003681

German Manager Magazine: Porsche: Sports car manufacturer records losses in sales and profits003681

The sports car manufacturer Porsche has to go in due to persistently poor business China Accept losses in sales and profits. In the first nine months of the year, the operating result fell by 26.7 percent to 4.04 billion euros, as the DAX group with CEO Oliver Blume (56) announced on Friday. Sales fell by… Continue reading German Manager Magazine: Porsche: Sports car manufacturer records losses in sales and profits003681

German Manager Magazine: Mercedes-Benz: Profit collapses by almost half003679

The car manufacturer Mercedes Benz has in the third quarter due to weak sales of luxury cars China suffered a drop in profits. The operating result (EBIT) fell by almost half to 2.5 billion euros from July to September, as the DAX group announced on Friday. In the core passenger car business, the adjusted operating… Continue reading German Manager Magazine: Mercedes-Benz: Profit collapses by almost half003679

German Manager Magazine: Katharina Wilhelm from Index Ventures: The German start-up allergy of corporations003679

What happened? Germany has a problem as a location: the International Monetary Fund (IMF) the Economic growth forecast in Germany again for the coming year: from 1.3 to just 0.8 percent. The IMF even expects stagnation for the current year. The German economy will probably not grow in 2024 for the second year in a… Continue reading German Manager Magazine: Katharina Wilhelm from Index Ventures: The German start-up allergy of corporations003679

German Manager Magazine: Renault: Car manufacturer increases sales in the third quarter thanks to new models003677

The car manufacturer Renault has benefited from new models amid industry weakness in the third quarter. Thanks to an increase in financial services, sales climbed by 1.8 percent to 10.7 billion euros, as the French announced on Thursday in Boulogne-Billancourt near Paris. However, that was slightly less than analysts expected. Without the slowing effect of… Continue reading German Manager Magazine: Renault: Car manufacturer increases sales in the third quarter thanks to new models003677

German Manager Magazine: ZF finds new board member for electric drives with Mathias Miedreich003677

There are enough construction sites at the automotive supplier ZF Friedrichshafen. Starting next year, Mathias Miedreich will be able to try his hand at the biggest one: the supervisory board appointed the 49-year-old to the ZF board on Thursday. From January 2025, Miedreich will be responsible for Division E at the automotive supplier ZF Friedrichshafen.… Continue reading German Manager Magazine: ZF finds new board member for electric drives with Mathias Miedreich003677

German Manager Magazine: BYD: This is how many cars the Chinese manufacturer wants to sell in Germany in 2025003674

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: BYD: This is how many cars the Chinese manufacturer wants to sell in Germany in 2025003674