German Manager Magazine: Donald Trump nominates Elon Musk as advisor and Fox presenter as Defense Minister003733

The US President-elect Donald Trump has announced that he wants to appoint a television presenter as defense minister in times of great international tensions and military conflicts: Pete Hegseth is best known to viewers of the right-wing conservative TV channel Fox News and was once a soldier himself, but has no political experience or expertise… Continue reading German Manager Magazine: Donald Trump nominates Elon Musk as advisor and Fox presenter as Defense Minister003733

German Manager Magazine: VW invests up to 5.8 billion dollars in Rivian003733

The Volkswagen-Group is digging deeper into its pockets than planned for the joint venture with the US electric car manufacturer Rivian. The group wants to invest up to 5.8 billion dollars in the project, which the Wolfsburg-based company expects will result in a breakthrough in software for new electric cars. An investment of $5 billion… Continue reading German Manager Magazine: VW invests up to 5.8 billion dollars in Rivian003733

German FAZ: The VW management should also forego their salary 008141

When the corona pandemic raged four years ago, executives of some DAX companies wanted to set an example. Ola Källenius, CEO of the Mercedes Group, then still Daimler, and Elmar Degenhart from Continental gave up part of their remuneration. Christian Klein from SAP and other managers also joined in. According to the message, the epidemic… Continue reading German FAZ: The VW management should also forego their salary 008141