Luca De Meo’s debut couldn’t have been better. After the Italian took over the management of the French luxury goods manufacturer Kering in mid-September, things seem to be looking up again for the company. In the third quarter, price- and portfolio-adjusted sales fell again by five percent compared to the same period last year. For… Continue reading German FAZ: Gucci parent company continues to cause price fireworks010131
Category: German Press
German FAZ: Volkswagen replaces the procurement director010133
In the middle of the chip crisis, Volkswagen announces that the board’s procurement department will be filled on November 1st. The new board member is Karsten Schnake, is 57 years old and is taking on the position at Volkswagen in addition to his position as head of procurement for the Škoda group brand. The previous… Continue reading German FAZ: Volkswagen replaces the procurement director010133
German FAZ: The EU is being crushed in the power struggle between Trump and Xi010132
FAZ+Threatening production stops: The EU is being crushed in the power struggle between Trump and XiOctober 22, 2025, 10:12 p.m. Reading time: 4 min. Expand image description Whether chips for the auto industry or rare earths: China is playing out its power in the trade conflict, “de-risking” of domestic companies is a long time coming.… Continue reading German FAZ: The EU is being crushed in the power struggle between Trump and Xi010132
German FAZ: VW will stop Golf production in Wolfsburg next Wednesday010131
The car company Volkswagen will interrupt production of the Golf at its headquarters in Wolfsburg next Wednesday. At the same time, production at the Zwickau plant, where various electric cars are built, is also to be stopped. This is reported by the Bild newspaper and refers to people familiar with the matter. In Zwickau, the news… Continue reading German FAZ: VW will stop Golf production in Wolfsburg next Wednesday010131
German Manager Magazine: Volkswagen: Herbert Diess is finally leaving VW and retiring004509
A good three years after his departure from the top of VW Herbert Diess (66) is now actually retiring: his contract ends tomorrow, October 24th – this is his 67th birthday – and he will receive retirement benefits from October 25th, a VW spokesman confirmed at the request of the German Press Agency. This ends… Continue reading German Manager Magazine: Volkswagen: Herbert Diess is finally leaving VW and retiring004509
German Manager Magazine: Volkswagen is negotiating with alternative chip suppliers due to the Nexperia crisis004508
The automobile manufacturer Volkswagen hopes to avoid the threat of short-time work in the VW brand factories chipdue to lack of being able to prevent it. “We have an alternative supplier who could compensate for the loss of delivery of Nexperia semiconductors,” VW brand production director Christian Vollmer (56) told the “Handelsblatt” on Thursday. Negotiations… Continue reading German Manager Magazine: Volkswagen is negotiating with alternative chip suppliers due to the Nexperia crisis004508
German Handelsblatt: Nexperia crisis: Volkswagen finds alternative chip suppliers – short-time work could be prevented011671
The car company had already warned its workforce of production downtimes due to a lack of semiconductors from the Chinese company. Now a solution is emerging. Go to Source
Breit Schwert car dealership: new building in Feuchtwangen completed
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German Handelsblatt: Volkswagen: VW prepares special shifts in Zwickau011666
First a forced break, now special shifts at the Zwickau VW plant. That’s behind the car manufacturer’s plans. Go to Source
German Handelsblatt: VW chip supplier: According to the Netherlands, mismanagement at Nexperia is to blame for the crisis011665
German car manufacturers fear production stops due to delivery problems from the semiconductor manufacturer Nexperia. From the Dutch government’s perspective, it is clear who is responsible. Go to Source