Auto parts supplier: Continental is examining spin-off of the drive division and subsequent stock market placement

Continental The Group is considering eliminating Powertrain. (Photo: imago images / localpic) Düsseldorf The supplier Continental considering because of the uncertain economy Instead of a partial listing of its powertrain drive division, its complete spin-off with subsequent stock exchange listing. This review is in parallel with the ongoing preparations for a possible placement of the… Continue reading Auto parts supplier: Continental is examining spin-off of the drive division and subsequent stock market placement

Auto parts supplier: Schaeffler sends hundreds of employees in short-time work

Schaeffler logo The supplier suffers from the flagging auto industry. (Photo: AP) Herzogenaurach At the supplier Schaeffler are in the face of Lull in the car industry Hundreds of employees have gone into short-time work. At the beginning of September about 250 of about 500 employees in special machine construction at the Frauenaurach (Erlangen) location… Continue reading Auto parts supplier: Schaeffler sends hundreds of employees in short-time work

Deceased VW Patriarch: Piëch’s former partner airs a secret about the 13th child

AFP The late VW Patriarch Ferdinand Piëch (Archive, 2017) Ferdinand Piëch once joked about the Number of his children, “About a dozen, so you do not know that,” he said in an interview. So far twelve children from four relationships known. But how the “World on Sunday“reported that the manager, who died a week ago,… Continue reading Deceased VW Patriarch: Piëch’s former partner airs a secret about the 13th child

Comment: Lohscheller uses the wrong motivation formula for Opel employees

Michael Lohscheller “I want to strengthen the morale of the team, because Opel is now again a winner’s mark,” says the Opel boss. (Photo: AP) No question: Opel-Mark Michael Lohscheller has within two and a half years at the head of the car maker achieved more than all its predecessors in two decades before. The… Continue reading Comment: Lohscheller uses the wrong motivation formula for Opel employees

If the king is no longer a customer

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“Incredible historical process”: Chaos days at Opel: carmaker announces renitenten employees

Opel plant in Rüsselsheim All Opel employees who have personally objected to their planned transfer to Segula have now been released from their duties with immediate effect. (Photo: AP) Munich It is done. Beaming with joy, Christian Müller and Martin Lange look into the camera. With a strong handshake seal the OpelDevelopment boss and the… Continue reading “Incredible historical process”: Chaos days at Opel: carmaker announces renitenten employees

Study as alarm signal: automotive supplier in “emergency stop”

Short-time work and again 35-hour week at Schaeffler, Job removal at Bosch, possible factory closures at Continental – The weakening demand in the automotive industry means less business for suppliers in Germany, and they are already having consequences. It is by far not only the big ones who are sometimes even more flexible than smaller… Continue reading Study as alarm signal: automotive supplier in “emergency stop”

So VW wants to take action against car thieves

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Zwickau becomes electric

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Auto parts supplier: Continental puts several plants to the test

Continental A shift of production abroad could lead to a reduction of jobs in Germany. (Photo: Reuters) Dusseldorf The talks are still in progress Continental and the union representatives. But now the first details seep out, which extent of the renovation process could have with the automotive supplier from Hanover. The “Hannoversche Allgemeine” reportsthat apparently… Continue reading Auto parts supplier: Continental puts several plants to the test