The car crisis continues to spread. After the announced job cuts at Volkswagen and the fall of car king Carlos Tavares at Stellantis, the next big bang is now coming from Japan. Honda, Nissan and Mitsubishi signed an agreement in principle for merger talks on Monday: Three of the largest manufacturers in the auto nation… Continue reading German FAZ: A mega merger against the backlog008430
Category: German Press
German FAZ: How the car crisis is affecting university graduates008431
Preparing applications for months, anxiously hoping for an interview and in the end: the rejection. This was not how 32-year-old Maurice from Berlin imagined his job search would be. In January, he completed his master’s degree in mechanical engineering at the top of his class – and discovered that the job market offered him fewer… Continue reading German FAZ: How the car crisis is affecting university graduates008431
German FAZ: “How do I protect myself in the economic crisis?”008430
There is currently no good news from the auto industry. VW is considering plant closures, and Ford has announced that it will cut thousands of jobs. At many supplier companies, employees fear for their jobs. Bettina Schwarz’s company has also been discussing cost-cutting measures and possible relocations to cheaper production locations for quite a while.… Continue reading German FAZ: “How do I protect myself in the economic crisis?”008430
German Manager Magazine: Ford: US car maker donates one million dollars for Trump’s inauguration003855
According to other large US corporations How Amazon and Meta has too ford a donation for the inauguration celebrations of the new US president Donald Trump (78) announced. The car manufacturer is investing $1 million and is providing a fleet of vehicles, a spokesman said on Monday. Worry about tariffs The Republican’s planned tariffs on… Continue reading German Manager Magazine: Ford: US car maker donates one million dollars for Trump’s inauguration003855
German Manager Magazine: Volkswagen: Ex-VW boss Martin Winterkorn rejects judge in diesel affair as biased003855
Former VW CEO Martin Winterkorn (77) rejects the judge as biased in his criminal proceedings on the diesel affair. Winterkorn’s trust in the presiding judge’s impartiality was destroyed by his behavior, according to a letter from the defense to the Braunschweig regional court, which is available to the German Press Agency. The 77-year-old’s lawyers are… Continue reading German Manager Magazine: Volkswagen: Ex-VW boss Martin Winterkorn rejects judge in diesel affair as biased003855
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German Handelsblatt: Volkswagen: VW manager salaries could fall by ten percent per year010360
The austerity measures at VW are likely to have a massive impact on bonus payments. According to a report, the salaries of top staff in particular will suffer. Go to Source
German Handelsblatt: Markets Live: VW settles in the red after tariff deal010359
Expanded approval for weight loss injection supports Eli Lilly +++ Possible takeover by Hyatt drives hotelier Playa +++ All developments on the financial markets in the Handelsblatt news blog. Go to Source
German Handelsblatt: Used car check: Solid SUV with only one small weakness – that’s what the Audi Q5 is good for as a used car010358
The Audi Q5 is also very solid as a used car and performs above average in the TÜV test. Prospective buyers should only look closely at one point.
German Handelsblatt: Diesel scandal: Ex-VW boss Winterkorn rejects judges as biased010357
The trial against former VW boss Winterkorn is intended to shed light on his role in the diesel affair. After a forced break, the court presented new plans. The defense is now defending itself against this. Go to Source