German Press – Page 1879 – I wish I had more to offer

German Manager Magazin: Volkswagen AG: Herbert Diess wants to sell Bugatti to Rimac000653

Volkswagen is expected to sell the unprofitable luxury brand Bugatti to the Croatian sports car specialist Rimac. This was announced by CEO Herbert Diess (62) on Tuesday at the presentation of the balance sheet for 2020. The manager magazin had already in September last year about the imminent decision reported. The most likely solution for… Continue reading German Manager Magazin: Volkswagen AG: Herbert Diess wants to sell Bugatti to Rimac000653

German Handelsblatt: Manager salaries: ex-truck board member Andreas Renschler clears heavily at VW – Diess earnings drop 001572

The former truck board member is dearly for the VW car company: Andreas Renschler is likely to collect a pension of over 62,000 euros – per month. Go to source

German Manager Magazin: Volkswagen AG: Herbert Diess and works council agree on further job cuts000645

Volkswagen has agreed on further steps to cut jobs with the works council of the car manufacturer. Accordingly, existing offers for partial retirement will now also be opened for those born in 1964. In addition, new offers for early retirement are to be presented to those born between 1956 and 1960. Volkswagen announced this on… Continue reading German Manager Magazin: Volkswagen AG: Herbert Diess and works council agree on further job cuts000645

German Handelsblatt: Automotive industry: Volkswagen depresses fixed costs: Up to 5000 jobs are to be cut 001546

Volkswagen saves on staff Vehicle production at Volkswagen in Wolfsburg: Jobs are also to be cut in production. (Photo: dpa) Düsseldorf Volkswagen produces too expensive; the fixed costs are far too high compared to the competition. The Wolfsburg-based car manufacturer has to regularly listen to this accusation on the stock exchange and by investors. VW… Continue reading German Handelsblatt: Automotive industry: Volkswagen depresses fixed costs: Up to 5000 jobs are to be cut 001546

German Handelsblatt: Car maker: Renault throws billions of Daimler shares on the market001526

Renault logo in France Renault and Daimler want to continue to cooperate on vans and transporters. (Photo: Reuters) Munich The French carmaker Renault wants to part with its billion dollar package of Daimler shares overnight. 16.45 million papers would be offered to institutional investors in an accelerated placement, Renault announced on Thursday evening. At the… Continue reading German Handelsblatt: Car maker: Renault throws billions of Daimler shares on the market001526

German Handelsblatt: Car manufacturer: “Prepare us for an earlier changeover” – Daimler pushes the electric turnaround001465

Electric cars are already almost on a par with combustion engines, says Mercedes Research Director Schäfer. Therefore, he wants to radically phase out diesel and gasoline vehicles. Go to source

German FAZ: Streamlined supercar should be resurrected 001032

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German Manager Magazin: Stellantis: Opel drives three-digit million profit in Corona year 000629

After many years of losses, Opel seems to be developing into a profitable car manufacturer under the umbrella of the renamed parent company Stallantis. In any case, Stellantis gives an overview of the operating profit of its subsidiary Opel-Vauxhall, which previously belonged to PSA, for the Corona year 2020 527 million euros, in the first… Continue reading German Manager Magazin: Stellantis: Opel drives three-digit million profit in Corona year 000629

German Manager Magazin: Spacs: How traditional car manufacturers can also increase their market value000629

manager magazin: Mr. Kames, Volkswagen sells around 10 million cars, generated around 10 billion euros in profit in 2020 despite the corona pandemic and is valued at 92 billion euros on the stock exchange. The Chinese electrical competitor Nio sells 44,000 cars, was on the verge of financial failure two years ago – and is… Continue reading German Manager Magazin: Spacs: How traditional car manufacturers can also increase their market value000629

Category: German Press