German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932

The rating agency Moody’s classifies the creditworthiness of Volkswagen worse. The rating for the long -term papers is reduced by “A3” by one level to “Baa1”, with a stable view, Moody’s said on Monday. The downgrading reflects the recent decline in the profit margin and the cash inflow at the Wolfsburg car manufacturer, the experts… Continue reading German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932

German FAZ: IFO and OECD look more skeptical at 2025 and halve forecast008932

The IFO Institute only promises the German economy in 2025 only a mini growth of 0.2 percent. It was not until 2026 that the situation could improve somewhat with an increase in gross domestic product (GDP) of 0.8 percent, the Munich economists said on Monday. “The German economy is stuck,” said Timo Wollmerhäuser, head of… Continue reading German FAZ: IFO and OECD look more skeptical at 2025 and halve forecast008932

German FAZ: The shine of the four rings fades 008934

Company meetings at Audi were real feel -good events in the good years. The Audians in Ingolstadt were happy about the friendly words of their works council chairman and collected a rich success premiums. These times are over. After the diesel scandal, there were hard cuts with the once successful subsidiary of the Volkswagen Group.… Continue reading German FAZ: The shine of the four rings fades 008934

German FAZ: Audi car brand strokes 7500 jobs008933

Audi will reduce 7500 jobs in the next four years. In return, the employment securing, which excludes operational dismissals, is extended by four years to 2033. The company announced this at the first works meeting of the year in Ingolstadt. The works council under the chairman Jörg Schlagbauer on Monday, under the chairman Jörg Schlagbauer,… Continue reading German FAZ: Audi car brand strokes 7500 jobs008933

German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932

The rating agency Moody’s classifies the creditworthiness of Volkswagen worse. The rating for the long -term papers is reduced by “A3” by one level to “Baa1”, with a stable view, Moody’s said on Monday. The downgrading reflects the recent decline in the profit margin and the cash inflow at the Wolfsburg car manufacturer, the experts… Continue reading German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932

German Manager Magazin: Audi: Savings plans fixed – 7500 jobs fall away, bonuses shortened004046

The car manufacturer Audi Stroke a total of 7,500 jobs in Germany. Together with other financial cuts for the employees, the company wants to save more than one billion euros a year in the medium term, as it said. The group and works council had long and intensively wrestled for the savings plans, but now… Continue reading German Manager Magazin: Audi: Savings plans fixed – 7500 jobs fall away, bonuses shortened004046

German Manager Magazin: Artificial Intelligence Live event: Are cars soon smarter than their drivers? 004045

He was considered a “Mister automated driving”: Harald Kröger (57) was one of the thinkers in the German auto industry for many years. First at Mercedes, then at Bosch. But a good three years ago he suddenly left the Bosch management and devoted himself even more to the semiconductor business. Today Kröger is a member… Continue reading German Manager Magazin: Artificial Intelligence Live event: Are cars soon smarter than their drivers? 004045