D The salary gap in Germany’s top corporations has increased in the past year. The executives of the 30 Dax companies earned an average of 52 times as much as their employees, as a study published on Thursday in Frankfurt by the German Association for the Protection of Securities ( DSW ) and the Technical… Continue reading Salaries in Dax companies diverges
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Auto duties are not off the table
D onald Trump threatens with additional duties on cars and car parts. The consequence of this would be grave, especially compared to the import surcharges for steel and aluminum, which the American president has already set in motion for manufacturers from Europe. The stock market development of BMW, Daimler and Volkswagen speaks for itself –… Continue reading Auto duties are not off the table
Stefan Sommer becomes Volkswagen Board Member
D he after a power struggle with the supplier ZF Retired former CEO Stefan Sommer changes to the world’s largest carmaker. There, he takes over a VW release on Monday evening according to the procurement department. Sommer follows the long-term purchasing director Francisco Javier Garcia Sanz, who left the group at his own request. Volkswagen… Continue reading Stefan Sommer becomes Volkswagen Board Member
Why the Chinese chose Thuringia? to have
e s sounds once surprisingly: The Chinese group CATL is investing 240 million euros in a highly modern car battery factory in Thuringia. Thuringia – that was this low-wage country, you have to drive through, if you want to go from Berlin to Munich. So why are the Chinese now building the heart of the… Continue reading Why the Chinese chose Thuringia?
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Club Merkelterranée?
B In a word “transit” falls to us (generation ford First, this dove-blue delivery van with which the butcher brought the Wiener sausages and the rolls, which the caretaker then sold in the big break for one twenty, when we still had German small change and not already French. At that time there were still… Continue reading Club Merkelterranée?
Diesel scandal helped us
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The uncertainty for the Neue Halberg casting continues
D The striking employees of the automotive supplier Neue Halberg Guss have chosen big words on Thursday to support the further negotiations on a social wage agreement for their company with protests. When around 600 employees from Saarbrücken and Leipzig gathered at the Opernturm in Frankfurt at noon, they carried several banners: “Where justice becomes… Continue reading The uncertainty for the Neue Halberg casting continues
Are all automanagers scammers?
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VW will not release its cars for longer than expected
D The car maker Volkswagen expects due to the new emissions test with an even longer dry spell than previously known. “This topic will occupy us for a few months until we come back to a normal driving style in the plants,” wrote CEO Herbert Diess to the employees. Because of the from 1 September… Continue reading VW will not release its cars for longer than expected
Car values pull Dax up
D he global trade dispute with the United States remains the main topic of conversation on the German stock market floor. The Dax investors hoped on Thursday that the European carmakers still get around to higher US tariffs. The German leading index gained 0.9 percent to 12,433 points. The papers of Daimler , Volkswagen and… Continue reading Car values pull Dax up