In the dispute over savings plans Volkswagen Lower Saxony’s Prime Minister Stephan Weil (65, SPD) called on VW management and the employees to come together quickly for talks. After a phase of public debate, both sides now have to come together at the table to discuss solutions for more competitiveness at the group, said Weil… Continue reading German Manager Magazine: Volkswagen: Prime Minister Stephan Weil visits VW-Emden003559
Author: Manager Magazin (German)
German Manager Magazine: BMW shares fall: Oliver Zipse cancels forecast – Continental shares also fall003558
Two giants of the German automotive industry caused a shock on Tuesday: the car manufacturer famous for its solid financial planning BMW cuts its annual forecast in an unusual step. Its shares fell in step with those of the auto supplier Continental which BMW holds largely responsible for the profit warning. The reason for the… Continue reading German Manager Magazine: BMW shares fall: Oliver Zipse cancels forecast – Continental shares also fall003558
German Manager Magazine: BMW: Oliver Zipse cancels forecast – Continental shares also fall003554
Two giants of the German automotive industry caused a shock on Tuesday: the car manufacturer famous for its solid financial planning BMW cuts its annual forecast in an unusual step. Its shares fell in step with those of the auto supplier Continental which BMW holds largely responsible for the profit warning. The reason for the… Continue reading German Manager Magazine: BMW: Oliver Zipse cancels forecast – Continental shares also fall003554
German Manager Magazine: Volkswagen terminates collective agreements003556
Volkswagen has now formally terminated the employment security that has been in place since 1994. Europe’s largest car manufacturer announced that the corresponding letter of termination had been sent to the union. The contract will therefore expire at the end of the year. Terminations for operational reasons are possible six months later, i.e. from July… Continue reading German Manager Magazine: Volkswagen terminates collective agreements003556
German Manager Magazine: ECB interest rate cut: European Central Bank led by Christine Lagarde will probably cut key interest rates again003555
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: ECB interest rate cut: European Central Bank led by Christine Lagarde will probably cut key interest rates again003555
German Manager Magazine: Ex-Porsche boss Wendelin Wiedeking calls for tough cuts at VW003554
The Volkswagen-Group comes in the opinion of the former Boss and VW supervisory board member Wendelin Wiedeking (72) cannot avoid tough cuts. “VW would do well to invest in Germany “To subject him to a horse cure,” Wiedeking told the newspaper “Bild” according to the preliminary report. Compared to many other locations, including those owned… Continue reading German Manager Magazine: Ex-Porsche boss Wendelin Wiedeking calls for tough cuts at VW003554
German Manager Magazine: ZF Friedrichshafen: Thousands of employees protest against job cuts003553
According to the announced Cuts up to 14,000 jobs at the auto supplier ZF Thousands of employees protested on Tuesday. “We are taking this action because we are against this frontal attack on the workforce Germany “We have to defend ourselves,” said a works council spokesman at the company’s headquarters in Friedrichshafen. Around 3,000 participants… Continue reading German Manager Magazine: ZF Friedrichshafen: Thousands of employees protest against job cuts003553
German Manager Magazine: Northvolt: Savings program and uncertainty surrounding the large factory in Heide003552
The ailing Swedish battery manufacturer Northvolt is cutting costs and announcing job cuts. Among other things, the company announced on Monday that the production of cathode material at the site in Skelleftea in northern Sweden would be discontinued. It is still unclear how many jobs will be lost. A facility in Borlänge in central Sweden… Continue reading German Manager Magazine: Northvolt: Savings program and uncertainty surrounding the large factory in Heide003552
German Manager Magazine: Volkswagen: VW and Seat swap financial directors. Patrik Andreas Mayer goes to Spain.003551
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: Volkswagen: VW and Seat swap financial directors. Patrik Andreas Mayer goes to Spain.003551
German Manager Magazine: Volkswagen: VW boss Oliver Blume announces further cost-cutting measures003550
After the announcement of the Volkswagen-Group’s plan to further tighten austerity measures with job cuts and possible factory closures at the core VW brand, group board member Oliver Blume (56) describes the poor economic situation at Volkswagen as alarming. At the VW brand, the situation is “so serious that you can’t just let everything continue… Continue reading German Manager Magazine: Volkswagen: VW boss Oliver Blume announces further cost-cutting measures003550