Audi has been negotiating a social plan for the 3,000 employees with the works council of the plant in Brussels and the unions since Tuesday. This was announced by production director Gerd Walker. The work is on the brink. So far, Audi has spoken to more than 20 potential investors from the automotive industry. But… Continue reading German Manager Magazine: Audi: Uncertain future for 3,000 employees at the Brussels plant – negotiations on a social plan are ongoing003608
Author: Manager Magazin (German)
German Manager Magazine: Investing money in stocks: Baillie-Gifford fund manager about opportunities on the stock market003607
Investing in stocks How the legendary Nvidia and Tesla investor is currently looking at the stock market Scottish asset manager Baillie Gifford is one of Europe’s largest tech investors. Here, fund manager Mark Urquhart talks about stock market upheavals, tech stocks and the opportunities of artificial intelligence. Go to Source
German Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604
The car company Stellantis is slashing its profit expectations for this year due to problems in the North American market and the weak industry situation. CEO Carlos Tavares (66) now only expects an operating profit margin of 5.5 to 7.0 percent adjusted for special effects, as Stellantis announced in Amsterdam. So far there should be… Continue reading German Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604
German Manager Magazine: Stock market: Dax in the red, Volkswagen and Stellantis with losses, Baywa shares with price jump003605
After the latest rally on Monday, the Dax took a break. Since the mixed specifications from overseas did not provide any tailwind, the leading German index recently fell by 0.5 percent to 19,380 points. The MDax of medium-sized companies lost 0.23 percent to 27,147 points. The Eurozone leading index EuroStoxx 50 fell by around 0.3… Continue reading German Manager Magazine: Stock market: Dax in the red, Volkswagen and Stellantis with losses, Baywa shares with price jump003605
German Manager Magazine: DAX record despite recession: How economic crisis and stock market rally fit together003604
A brief overview of the weather situation: This is what the leading economic institutes expect for Germany second year of recession in a row. The economy will continue to shrink in 2024 and only grow hesitantly in 2025, according to the researchers. Unemployment is increasing again, also because of tough austerity programs many corporations. The… Continue reading German Manager Magazine: DAX record despite recession: How economic crisis and stock market rally fit together003604
German Manager Magazine: UAW boss Shwan Fain: Largest US auto union calls on Stellantis workers to strike003603
The US auto union United Auto Workers (UAW) has the employees of Stellantis called for a strike and accused the Franco-Italian car manufacturer of breach of contract. “We have reviewed the serious violations of our contract and the pattern of illegal behavior by Stellantis. “The evidence is clear that CEO Carlos Tavares, 66, is steering… Continue reading German Manager Magazine: UAW boss Shwan Fain: Largest US auto union calls on Stellantis workers to strike003603
German Manager Magazine: Elon Musk: Tesla boss wants to deal with sick leave at the Grünheide plant003602
CEO Elon Musk (53) wants to get a personal picture of the situation Tesla-Make the Grünheide plant. The reason for this is this high sickness rate in the “Gigafactory”, which is said to have reached up to 15 percent at times. “That sounds crazy. “I’ll look into it,” Musk commented on a post on X… Continue reading German Manager Magazine: Elon Musk: Tesla boss wants to deal with sick leave at the Grünheide plant003602
German Manager Magazine: Elon Musk: Tesla boss’s organization campaigns for Donald Trump in key states003600
The election campaign of US presidential candidate Donald Trump (78) has now mainly been outsourced in the crucial states to the political action committee “America Pac”, which is run by Tesla-Boss Elon Musk (53) is financed. This is what research by the British “Guardians” result. The group wants to mobilize Trump supporters in rural areas… Continue reading German Manager Magazine: Elon Musk: Tesla boss’s organization campaigns for Donald Trump in key states003600
German Manager Magazine: Volkswagen: Second profit warning within a few months003600
The ailing car manufacturer Volkswagen is lowering its earnings forecast for the second time in just a few months. The company primed investors Friday for declining sales and lower returns. Volkswagen referred to a challenging market environment. In addition, business at the core Volkswagen brand, at the commercial vehicle division and at the in-house production… Continue reading German Manager Magazine: Volkswagen: Second profit warning within a few months003600
German Manager Magazine: Stock market: Dax over 19,300 points for the first time, Hella shares and SAP under pressure, Commerzbank in the plus003599
The Dax continued its record hunt on Friday. Most recently it was up almost 0.4 percent at 19,903 points. The MDax with medium-sized German stocks gained 0.8 percent to 27,021 points. It has some catching up to do as it is still more than a quarter away from its record level. The EuroStoxx was recently… Continue reading German Manager Magazine: Stock market: Dax over 19,300 points for the first time, Hella shares and SAP under pressure, Commerzbank in the plus003599