Germany’s largest steel manufacturer Thyssenkrupp Steel calls it a “comprehensive industrial future concept”, the works councils speak of a “brutal clear-cutting plan”: around 11,000 of the 27,000 jobs in Thyssenkrupp’s steel division are to be cut or outsourced by 2030, one location is to close, and costs are to be incurred sink – all of… Continue reading German FAZ: The steel is in the triple clamp 008232
Category: German Press
German FAZ: Habeck wants to reduce electricity costs before the election008231
After the industrial summits of Chancellor Olaf Scholz (SPD) and the counter-events of the former FDP finance minister Christian Lindner, Economics Minister Robert Habeck (Greens) hosted the event in Berlin on Tuesday for a change. The “Alliance for the Future of Industry” consisting of politicians, industrial associations and unions met for the seventh time since… Continue reading German FAZ: Habeck wants to reduce electricity costs before the election008231
German FAZ: How the labor market is suffering from the industrial crisis008231
Germany’s industry is in crisis: after the car manufacturers VW, Ford and Tesla and the car supplier Bosch, the country’s largest steel company now also wants to cut jobs. The industrial group Thyssenkrupp announced on Monday that it plans to cut 11,000 jobs in its steel division and close the Kreuztal-Eichen site near Siegen. The… Continue reading German FAZ: How the labor market is suffering from the industrial crisis008231
German Manager Magazine: Warren Buffett donates $1.1 billion to charity003769
US star investor Warren Buffett (94) gave away Berkshire Hathaway shares worth more than $1.1 billion to four of his family’s foundations on the occasion of the upcoming US holiday Thanksgiving Buffet had already announced that his three children should distribute his remaining assets of $147.4 billion in the ten years after his death. But… Continue reading German Manager Magazine: Warren Buffett donates $1.1 billion to charity003769
German Manager Magazine: Gerhardi: Struggling automotive supplier insolvent 003769
Gerhardi Kunststofftechnik GmbH from Lüdenscheid has run into financial difficulties. The automotive supplier has filed for insolvency at the Hagen district court. This emerges from an announcement on the insolvency notices.de portal. The lawyer Jan-Philipp Hoos from the law firm White & Case was appointed as the provisional insolvency administrator. Other media had previously reported… Continue reading German Manager Magazine: Gerhardi: Struggling automotive supplier insolvent 003769
German Handelsblatt: Opel sister: Vauxhall closes van factory near London010153
1,100 jobs are at risk as a result of the Luton factory closure. Many jobs are to be created at the Ellesmere Port factory. Stellantis sees the government as responsible. Go to Source
German Manager Magazine: Cadillac in Formula 1: General Motors subsidiary will drive from 2026003768
The formula 1 After long negotiations, clears the way for General Motors subsidiary Cadillac to join as the eleventh team. There is a fundamental agreement with him Car manufacturer The makers of Formula 1 announced that they would be able to start in the racing series from the season after next. Initially, Cadillac will be… Continue reading German Manager Magazine: Cadillac in Formula 1: General Motors subsidiary will drive from 2026003768
German Handelsblatt: Used car check: Retro model with problems as it ages – This is what the VW Beetle is good for as a used car010152
In the general inspection, the new edition of the Beetle actually performed well. But beetles should look closely. Because the statistics are a bit of eyewash. Go to Source
German Handelsblatt: BMW owners: “Susanne Klatten and Stefan Quandt do not want to be labeled as heirs”010151
From the Handelsblatt archive: Hardly anyone knows the BMW family like Rüdiger Jungbluth. In his book he explains how the family deals with the inheritance over the generations and what concerns the Quandts and Klattens. Go to Source
Autonomous driving: DB Schenker uses remote-controlled forklifts
DB Schenker optimizes logistics processes through teleoperation technology. Forklifts operate on site without human drivers. (DB Schenker, car) Go to Source