German Manager Magazine: Raw materials: China restricts graphite exports 002817

China has restricted the export of the raw material graphite. The mineral is used, among other things, in the production of lithium-ion batteries, which are used in e-cars, e-bikes and electrical devices. The People’s Republic is requiring special export permits for three “highly sensitive” varieties of the mineral, the Ministry of Commerce and Customs announced… Continue reading German Manager Magazine: Raw materials: China restricts graphite exports 002817

German Manager Magazine: Audi: Jörg Schlagbauer becomes the new head of the works council in Ingolstadt002817

For the first time in 17 years there is Audi In Ingolstadt there was a change at the top of the works council: the employee representatives elected the previous deputy Jörg Schlagbauer (46) as the new chairman on Friday. The industrial clerk and business economist succeeds long-standing chairman Peter Mosch (51), who resigned from his… Continue reading German Manager Magazine: Audi: Jörg Schlagbauer becomes the new head of the works council in Ingolstadt002817

German Manager Magazine: Volkswagen: Car manufacturer increases sales and operating profit, slight profit warning for financial year 2023002818

Volkswagen increased sales and profits significantly in the third quarter. The Wolfsburg-based car manufacturer announced in a mandatory announcement on Friday that the operating result amounted to 4.9 billion euros based on preliminary figures. A year ago, earnings before taxes and interest (EBIT) were 4.3 billion euros. Operating result weaker than expected Sales rose by… Continue reading German Manager Magazine: Volkswagen: Car manufacturer increases sales and operating profit, slight profit warning for financial year 2023002818