Category: German Press

German FAZ: Volkswagen’s primal crisis008218

It was already dark in Wolfsburg when the 21 gentlemen of the Volkswagen supervisory board returned to the meeting room of the administrative tower on a Monday in April 1975. They had argued for almost six hours that day. In the early evening hours, the special meeting had to be interrupted several times because the… Continue reading German FAZ: Volkswagen’s primal crisis008218

German FAZ: The electric car now generates its own electricity008217

They have become a bestseller for the Chinese manufacturer Li Auto, the competitor BYD wants to use them to score points with European customers, and Volkswagen and Stellantis rely on them in the USA. We’re talking about electric cars that can generate the electricity they need to drive themselves thanks to a built-in power generator.… Continue reading German FAZ: The electric car now generates its own electricity008217

German Manager Magazine: Volkswagen: VW boss Thomas Schäfer sticks to closing factories003764

Volkswagen is sticking to plans to close plants despite resistance from its employees Germany firmly. “We have to reduce our capacities and adapt to the new realities,” said VW brand boss Thomas Schäfer (54) to “Welt am Sonntag”. This included component locations and vehicle factories. When asked whether VW could avoid closing a plant, Schäfer… Continue reading German Manager Magazine: Volkswagen: VW boss Thomas Schäfer sticks to closing factories003764

German Manager Magazine: Bosch: Automotive supplier shortens working hours in other locations in Germany003762

In addition to cutting thousands of jobs, the technology group is continuing to do so Bosch to reduce costs, including shorter weekly working hours for some of the employees Germany. A total of around 10,000 employees are affected, including at the Abstatt, Holzkirchen, Stuttgart-Feuerbach, Schwieberdingen, Hildesheim, Leonberg, Renningen, Schwäbisch Gmünd and Gerlingen-Schillerhöhe locations, as a… Continue reading German Manager Magazine: Bosch: Automotive supplier shortens working hours in other locations in Germany003762

German Manager Magazine: Business Model Germany: The Economist analyzes the decline of the German economy003762

Without globalization dividend The decline of the German economy For a long time, the surpluses abroad ensured profits for Deutschland AG. But now the world’s third largest economy needs a new business model. The unsparing Economist analysis of the situation in Germany. An original text from “The Economist” November 23, 2024, 9:40 a.m Go to… Continue reading German Manager Magazine: Business Model Germany: The Economist analyzes the decline of the German economy003762