German Manager Magazine: Cariad changes top management in US business003293

The Volkswagen-Software subsidiary Cariad gets its new one USA-Head of the Chinese electric car manufacturer Nio. Lei Zhang will work for the Wolfsburg-based car manufacturer from May, according to an internal communication available to manager magazin. In the future, he should manage Cariad’s US business. He will also be responsible for the interior and infotainment… Continue reading German Manager Magazine: Cariad changes top management in US business003293

German Manager Magazine: Volkswagen AG and Mercedes-Benz: Sales, sales, profits – everything is declining – the background003292

Volkswagen and Mercedes are weakening “Is that our ambition? No of course not.” Volkswagen and Mercedes are experiencing a first quarter to forget. Sales, sales, profits – everything is declining. The car manufacturers’ CFOs are reassuring that things will get better as the year progresses. But VW is initially setting aside 900 million euros for… Continue reading German Manager Magazine: Volkswagen AG and Mercedes-Benz: Sales, sales, profits – everything is declining – the background003292