German Manager Magazin: ZF shortens working hours004176

The one in deep red numbers Car supplier ZF will temporarily introduce shorter working hours in the group headquarters at the Friedrichshafen location. From May 15, the weekly working time will be reduced to 32.5 hours and from 1 June to 31.5 hours. This was announced by the group and the works council in their… Continue reading German Manager Magazin: ZF shortens working hours004176

German Manager Magazin: BMW: China weakness lets profit collapsed in the first quarter004177

BMW started with a drop in profits into the year. The bottom line is that the group made 2.2 billion euros in the first quarter. That was 26.4 percent less than in the same period last year. Especially a weak one China-S business spoiled the balance sheet, and the US tariffs are also likely to… Continue reading German Manager Magazin: BMW: China weakness lets profit collapsed in the first quarter004177

German Manager Magazin: Rivian: Volkswagen will soon let billions of euros flow 004176

The Tesla challenger Rivian has the prerequisite for an investment of Volkswagen met in the amount of $ 1 billion. The money injection is now expected on June 30th, Rivian said. It is triggered that the electric car company made a gross profit in the second quarter in a row. Last year Volkswagen agreed to… Continue reading German Manager Magazin: Rivian: Volkswagen will soon let billions of euros flow 004176