German Manager Magazin: Elon Musk in court: “I never wanted to deceive investors”002273

In the fraud case against Elon Musk (51) for misleading tweets about the electric car manufacturer Tesla the head of the company has dismissed all allegations against him as “scandalous”. Musk assured the court in San Francisco on Monday that he “never” wanted to deceive investors. With his controversial tweets, he expressed his personal beliefs… Continue reading German Manager Magazin: Elon Musk in court: “I never wanted to deceive investors”002273

German Handelsblatt: Volkswagen: “Here the hut is on fire”: Harsh cuts in VW works council salaries expected006034

VW skyscraper in Wolfsburg Many employee representatives have to reckon with salary losses. (Photo: imago images / regios24) These are nerve-wracking days for the approximately 250 works council members in the Volkswagen Group. The reason is a decision by the Federal Court of Justice (BGH) in mid-January. This is likely to result in severe salary… Continue reading German Handelsblatt: Volkswagen: “Here the hut is on fire”: Harsh cuts in VW works council salaries expected006034

German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006033

Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) After 2021, BMW sold more cars last year than its direct competitors Mercedes and Audi. In 2022, the Munich car manufacturer was able to sell a total of 2.4 million vehicles worldwide. Without the BMW brands Mini… Continue reading German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006033

German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006032

Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) After 2021, BMW sold more cars last year than its direct competitors Mercedes and Audi. In 2022, the Munich car manufacturer was able to sell a total of 2.4 million vehicles worldwide. Without the BMW brands Mini… Continue reading German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006032