VW is in economy mode. When negotiating investments, the family is said to have given management clear guidelines. They are not yet fully fulfilled. Go to Source
Category: German Press
German Manager Magazine: Kathaleen McCormick: The judge who shows Elon Musk his limits003077
Since this verdict, his reputation as Teflon-Elon is likely to be over. At the tech billionaire Elon Musk (52) seemed to have a lot going for him, he just had to appear cocky enough. But that didn’t work for Kathaleen McCormick (44). The presiding judge at the Court of Chancery in the US state of… Continue reading German Manager Magazine: Kathaleen McCormick: The judge who shows Elon Musk his limits003077
German Manager Magazine: Renk Group IPO to bring Triton Partners 450 million euros through private placement003077
The Augsburg gear manufacturer Renk is making a second attempt to go public: This time, Renk is securing the 450 million euro IPO with two anchor shareholders in order to prevent another failure. One of the two anchor investors is the defense company KNDS, which was formed from KraussMaffei Wegmann (KMW) and the French Nexter… Continue reading German Manager Magazine: Renk Group IPO to bring Triton Partners 450 million euros through private placement003077
17th Autohaus Santander Classic Rally: Off to the north!
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German Handelsblatt: Auto industry: VW cancels choice between days off and wage supplement008421
The German car company has to reduce its costs. Employees will therefore no longer have the opportunity to receive compensation for additional work in the future. You get more vacation in return. Go to Source
German Handelsblatt: Auto industry: VW cancels choice between days off and wage supplement008420
The German car company has to reduce its costs. Employees will therefore no longer have the opportunity to receive compensation for additional work in the future. You get more vacation in return. Go to Source
German Handelsblatt: Auto supplier: Schaeffler family gives up power before Vitesco takeover008419
In the future, the family will only hold 70 percent of the listed supplier Schaeffler. This is a building block in the multi-billion dollar Vitesco takeover. Go to Source
German Handelsblatt: Auto industry: Audi is apparently restructuring its production network – one plant is coming into focus008418
According to a media report, the car manufacturer has to reduce its production capacities in Europe. This should have consequences for the plant in Belgium. Go to Source
German Handelsblatt: Used car check: Good start – this is how the VW T-Cross performs as a used car008417
The T-Cross is the smallest SUV in the VW range and shows what it’s capable of. Go to Source
German Handelsblatt: Vintage convertible: Here comes the sun – Mercedes 190 SL turns 70008416
The Mercedes 190 SL is considered the forefather of the roadster series. 70 years ago, the sunmobile celebrated its premiere at the New York Motor Show and began its triumphal march. Go to Source