German Manager Magazine: Porsche SE: Major Volkswagen shareholder expects loss of billions 003826

The Porsche Holding SE (PSE) expects a loss of billions for 2024. “The consolidated result after taxes of the Porsche SE Group for the 2024 financial year will be significantly negative,” said the major shareholder Volkswagen and Porsche on Friday after the stock market closed. The forecast for consolidated earnings after taxes of between 2.4… Continue reading German Manager Magazine: Porsche SE: Major Volkswagen shareholder expects loss of billions 003826

German Manager Magazine: Volkswagen tariff dispute: IG Metall wants an agreement on VW003825 before Christmas

VW main plant in Wolfsburg: Around 60,000 employees work in the VW main plant, where they produce the mass-produced Golf, Golf Variant, Tiguan and Touran models. At the same time, Wolfsburg is the headquarters of the Volkswagen Group with a total of ten vehicle brands (VW, VW Commercial Vehicles, Audi, Škoda, Seat, Cupra, Ducati, Porsche,… Continue reading German Manager Magazine: Volkswagen tariff dispute: IG Metall wants an agreement on VW003825 before Christmas

German Manager Magazine: Turnaround in VW sales: agency “no economically sensible alternative”003824

manager Login Digital subscription Always one insight ahead. Get access to this and all content of the manager app with manager+. Buy now Your payment options: Paypal Visas Mastercard Apple Pay Google Pay Easy payment. Can be canceled at any time. Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon… Continue reading German Manager Magazine: Turnaround in VW sales: agency “no economically sensible alternative”003824

German Manager Magazine: Volkswagen offers US workers 14 percent003823

Volkswagen is offering newly unionized workers at its Tennessee assembly plant a 14 percent wage increase over four years. The company said there would also be profit sharing. The carmaker and the UAW union have been in contract talks for months. According to VW, the company’s offer now includes profit sharing for the first time… Continue reading German Manager Magazine: Volkswagen offers US workers 14 percent003823

German Manager Magazine: Audi factory in Brussels: Employees reject offer for 3,000 employees003820

Audi and the employee representatives of the plant in Brussels, which is about to be closed, cannot agree on a social plan. Audi said the company’s sixth offer was also rejected. The one for VolkswagenThe car manufacturer owned by the group wants to end car production in Brussels at the end of February. The search… Continue reading German Manager Magazine: Audi factory in Brussels: Employees reject offer for 3,000 employees003820

German Manager Magazine: Volkswagen: Major VW shareholders lose hopes of severe cuts003821

manager Login Digital subscription Always one insight ahead. Get access to this and all content of the manager app with manager+. Buy now Your payment options: Paypal Visas Mastercard Apple Pay Google Pay Easy payment. Can be canceled at any time. Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon… Continue reading German Manager Magazine: Volkswagen: Major VW shareholders lose hopes of severe cuts003821

German Manager Magazine: News about Mercedes, Volkswagen, BMW, Lufthansa – in the newsletter “manage:mobility”003820

Dear reader, Volkswagen’s board of directors and employee representatives are currently far apart. This applies to the right way to position the group for the future. But this also applies to things as banal as the number of employees who protested against the planned austerity measures with warning strikes at the beginning of this week.… Continue reading German Manager Magazine: News about Mercedes, Volkswagen, BMW, Lufthansa – in the newsletter “manage:mobility”003820

German Manager Magazine: Varta: Court approves restructuring plan for battery company003816

Positive signals for the ailing battery company Varta: The Stuttgart district court has confirmed the restructuring plan submitted by the company through a resolution, as the court announced. At the end of November those involved would already have The majority of creditors accepted the plan, it continued. Requests from individual shareholders and shareholder representatives not… Continue reading German Manager Magazine: Varta: Court approves restructuring plan for battery company003816

German Manager Magazine: Lina Khan: Donald Trump fires America’s monopoly hunter, Andrew Ferguson takes over as head of antitrust supervision003816

Lina Khan (35), the head of the US competition authority FTC, has lost her job. The President-Elect Donald Trump (78) appointed Andrew Ferguson as the new head of the Federal Agency for Competition and Consumer Protection on his social media platform Truth Social on Tuesday night, as reported by the Bloomberg agency  . Khan’s departure… Continue reading German Manager Magazine: Lina Khan: Donald Trump fires America’s monopoly hunter, Andrew Ferguson takes over as head of antitrust supervision003816

German Manager Magazine: Volkswagen is considering relocating Golf production to Mexico003817

The struggling car manufacturer Volkswagen One of the future options is to relocate Golf production from the main plant in Wolfsburg to Mexico, as manager magazin learned. “There are many scenarios during the negotiations. The Golf is a building block of a scenario,” says company circles. However, the variant is not considered the most likely… Continue reading German Manager Magazine: Volkswagen is considering relocating Golf production to Mexico003817