The car manufacturer Volvo from Sweden has cashed in on its goal of only producing fully electric cars by 2030. The company, which belongs to the Chinese group Geely, has now revised its target slightly downwards – to “90 to 100 percent”, as it announced on Wednesday. Up to 10 percent of new cars could… Continue reading German Manager Magazine: Electric car: Volvo will not be a purely electric car manufacturer until 2030003540
Author: Manager Magazin (German)
German Manager Magazine: Martin Winterkorn and the emissions scandal: “I am neither a software expert nor an engine developer”003540
In the process of dealing with the diesel emissions scandal, former VW boss Martin Winterkorn (77) comprehensively rejected the allegations made against him. Before the Braunschweig regional court on Wednesday, he emphasized that as CEO he had primarily made strategic decisions: “On the other hand, it is not the task of a CEO to personally… Continue reading German Manager Magazine: Martin Winterkorn and the emissions scandal: “I am neither a software expert nor an engine developer”003540
German Manager Magazine: Auto industry: Mood in a nosedive – lack of orders and pessimistic future prospects003537
The German one Auto industry According to the Ifo Institute, looks to the future with concern. Extremely pessimistic expectations caused the business climate in the industry surveyed by the Munich Institute to fall by 6.2 points to minus 24.7 points in August. After a temporary slight recovery, it was now the fourth decline in a… Continue reading German Manager Magazine: Auto industry: Mood in a nosedive – lack of orders and pessimistic future prospects003537
German Manager Magazine: Electric cars: Government plans tax rebates for electric company cars003536
The federal government wants the sale of Electric cars boost with tax relief. On the one hand, tax advantages for fully electric company cars should be extended to cars worth up to 95,000 euros, according to the draft law, which the cabinet wants to approve on Wednesday and which was available to several news agencies.… Continue reading German Manager Magazine: Electric cars: Government plans tax rebates for electric company cars003536
German Manager Magazine: Stock market: Dax with price slide, Nvidia shares plummet003536
The Dax fell further from its recent record on Wednesday in a weak global market environment. In early trading, the leading German index lost 0.85 percent to 18,587 points. The MDax of medium-sized stock exchange companies fell by 1.04 percent to 25,142 points. The Eurozone leading index EuroStoxx 50 lost 1.1 percent. On Tuesday, the… Continue reading German Manager Magazine: Stock market: Dax with price slide, Nvidia shares plummet003536
German Manager Magazine: Volkswagen works meeting in Wolfsburg: Oliver Blume defends austerity measures003536
At the works meeting in Wolfsburg, VW management defended its tightened austerity measures and the termination of employment protection. “We still have a year, maybe two years to turn things around. But we have to use this time,” said group finance chief Arno Antlitz (55) in front of more than 10,000 employees at the VW… Continue reading German Manager Magazine: Volkswagen works meeting in Wolfsburg: Oliver Blume defends austerity measures003536
German Manager Magazine: Audi: Top manager in Italy falls 200 meters to his death003535
Fabrizio Longo, Audis Italy-Boss, died at the age of 62 during a mountain hike in the northeastern Italian region of Trentino. The long-time one AudiManager, who was considered an experienced mountaineer, fell around 200 meters on Sunday at an altitude of more than 3,000 meters. Car manufacturer Audi was dismayed and praised Longo’s work. A… Continue reading German Manager Magazine: Audi: Top manager in Italy falls 200 meters to his death003535
German Manager Magazine: Stock market: Dax with another record high003534
After a cautious start to the week, Dax investors are stalking ever closer to the 19,000 point mark. With an all-time high of 18,990.8 points, the leading German index remained less than ten points below the mark on Tuesday. However, during trading, the gains of up to 0.3 percent crumbled again. The Dax was most… Continue reading German Manager Magazine: Stock market: Dax with another record high003534
German Manager Magazine: VW diesel scandal: Criminal trial against Martin Winterkorn begins in Braunschweig Regional Court003533
The regional court in Braunschweig has bundled three different charges, all in connection with cheating software installed in diesel engines Volkswagen stand. It is eagerly awaited whether the accused ex-VW boss Martin Winterkorn will appear before the Economic Criminal Chamber after the 77-year-old’s health problems recently became known. Winterkorn was VW boss from 2007 to… Continue reading German Manager Magazine: VW diesel scandal: Criminal trial against Martin Winterkorn begins in Braunschweig Regional Court003533
German Manager Magazine: Audi: Head of Sales Hildegard Wortmann leaves, Porsche’s European boss takes over003532
Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon purchase confirmation. 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, you… Continue reading German Manager Magazine: Audi: Head of Sales Hildegard Wortmann leaves, Porsche’s European boss takes over003532