Category: German Press

German FAZ: What threatens the auto industry with punitive tariffs against Mexico008060

The closer the election date in the USA gets, the more drastic the threats from Republican presidential candidate Donald Trump become: first he threatened a hundred, then 200 percent punitive tariff on vehicles produced in Mexico for the US market. The target group of his statements are voters in the so-called Rust Belt, the oldest… Continue reading German FAZ: What threatens the auto industry with punitive tariffs against Mexico008060

German FAZ: What threatens the auto industry with punitive tariffs against Mexico008060

The closer the election date in the USA gets, the more drastic the threats from Republican presidential candidate Donald Trump become: first he threatened a hundred, then 200 percent punitive tariff on vehicles produced in Mexico for the US market. The target group of his statements are voters in the so-called Rust Belt, the oldest… Continue reading German FAZ: What threatens the auto industry with punitive tariffs against Mexico008060

German FAZ: The car suppliers are also in distress008062

When companies these days report their business in the third quarter, one piece of bad news follows the next. On Wednesday, Volkswagen announced that its group profit after taxes had fallen by almost two thirds. Europe’s largest car manufacturer is currently symbolic of the challenges faced by manufacturers whose traditional business is being melted away… Continue reading German FAZ: The car suppliers are also in distress008062

German FAZ: Thousands at IG Metall rally in Mainz008061

IG Metall district manager Jörg Köhlinger has accused employers of a “lust for ruin” with regard to the ongoing collective bargaining. In previous discussions they had “acted as if the only reason for the misery was pay policy,” said the negotiator for IG Metall in Hesse, Rhineland-Palatinate and Saarland on Thursday at a protest rally… Continue reading German FAZ: Thousands at IG Metall rally in Mainz008061

German FAZ: “What’s coming from Volkswagen is a scandal”008060

Volkswagen wants to reduce wages and salaries by ten percent, close three plants and still cut tens of thousands of jobs. How can a union demand a seven percent increase in wages in such a situation, Ms. Boguslawski? What is coming from Volkswagen is a scandal. There should even be a loss of up to… Continue reading German FAZ: “What’s coming from Volkswagen is a scandal”008060

German Manager Magazine: Auto industry: Learning from China, please003695

Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Auto industry: Learning from China, please003695

German Manager Magazine: Siemens buys Altair: Why Roland Busch’s billion-dollar bet could work003695

Detroit, home of Ford, General Motors and Chrysler, became a symbol of industrial decline decades ago. Tens of thousands worked there for the Big Three of the US auto industry until the 1980s, before one factory after another closed. What remained were deserted suburbs and lots of frustrated workers. Here, of all places, in the… Continue reading German Manager Magazine: Siemens buys Altair: Why Roland Busch’s billion-dollar bet could work003695

German Manager Magazine: Stellantis: Opel parent reports slump in sales 003695

Just a few weeks after the car company announced a comprehensive restructuring of its management, the Opel-Mother reported a sharp drop in sales in the third quarter. The background is problems in the important North American market. Specifically set Stellantis 33 billion euros in the third quarter, a decrease of 27 percent within a year,… Continue reading German Manager Magazine: Stellantis: Opel parent reports slump in sales 003695

German Manager Magazine: US election 2024: Elon Musk ignores summons in US court for million-dollar raffle003695

Tesla-Boss Elon Musk (53) is in the US election campaign because of the million-dollar lottery he announced been summoned to a court date – and ignored it. “Elon Musk did not appear,” a spokesman for the Philadelphia District Attorney’s Office said Thursday. The prosecution sees the lottery organized by Musk as illegal. The head of… Continue reading German Manager Magazine: US election 2024: Elon Musk ignores summons in US court for million-dollar raffle003695