The crisis at Volkswagen reaches the executive floor – and their remuneration. There are two metrics in particular that worry management. Go to Source
Category: German Press
German Handelsblatt: Auto industry: Supplier Schaeffler reports loss, also due to special effects011773
Schaeffler recorded a significant loss of millions in the quarter. Higher taxes and depreciation have a negative impact on earnings. A new cooperation should bring fresh impulses. Go to Source
German Handelsblatt: Volkswagen: VW crisis hits: Board members have to worry about their bonuses011774
The crisis at Volkswagen reaches the executive floor – and their remuneration. There are two metrics in particular that worry management. Go to Source
German Handelsblatt: Auto industry: Supplier Schaeffler reports loss, also due to special effects011773
Schaeffler recorded a significant loss of millions in the quarter. Higher taxes and depreciation have a negative impact on earnings. A new cooperation should bring fresh impulses. Go to Source
German Manager Magazine: Schaeffler: Auto supplier slips deeper into the red004529
The automotive and industrial supplier Schaeffler increased its bottom line loss in the third quarter, primarily due to impairments resulting from a software change. The net loss in the third quarter was 287 million euros, as the SDax group announced on Tuesday in Herzogenaurach. A year earlier, Schaeffler had also posted red numbers, but the… Continue reading German Manager Magazine: Schaeffler: Auto supplier slips deeper into the red004529
After state takeover: Nexperia China wants to continue producing on its own
Nexperia’s Chinese factories want to continue supplying customers. Once the stored wafers are used up, new ones will be produced in China. (Semiconductor manufacturing, Business) Go to Source
Musk and Altman are at war: Roadster cancellation at Tesla settled
Sam Altman wanted to cancel his Tesla Roadster reservation – now the OpenAI boss and Elon Musk are exchanging blows on social media. (car, Electric car) Go to Source
Autonomous driving: Waymo kills Kitkat
A cat was hit by a Waymo taxi in San Francisco. The case raises questions about the reliability of autonomous systems. (Waymo, car) Go to Source
Industry: China raises hope in the Nexperia chip crisis
China’s government is promising exports of Nexperia chips again. What does this mean for production in the auto industry? (Business, policy) Go to Source
German Handelsblatt: Auto supplier: Schaeffler wants to use humanoid robots in production011772
The automotive supplier wants to use a mid-four-digit number of humanoid robots in its factories by 2035. A new cooperation also helps. Go to Source