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
Author: Manager Magazin (German)
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
German Manager Magazine: News about BYD, Daimler Truck, Porsche, ZF, Volkswagen – in the newsletter “manage:mobility”003674
Dear reader, It’s hard to believe: There’s a car industry meeting taking place in Wolfsburg at which Volkswagen is the patron, but not directly in the foreground. “Crisis” is probably a term you hear more often at the International Suppliers Fair. After all, many car suppliers are in deep trouble. The European Vehicle Suppliers Association… Continue reading German Manager Magazine: News about BYD, Daimler Truck, Porsche, ZF, Volkswagen – in the newsletter “manage:mobility”003674
German Manager Magazine: Daimler Truck AG: How Karin Rådström and Eva Scherer want to create the most valuable truck manufacturer in the world003674
Karin Radström The power driver and her 50 billion euro plan with Daimler Truck The new CEO Karin Rådström and her CFO Eva Scherer have been given a tough assignment: 15 percent return and a market value of 50 billion euros. Your plan: build, rebuild and dismantle. Go to Source