The labor dispute in the Volkswagen Group has recently come to a head: tens of thousands of employees have already stopped work twice to protest against the management’s austerity plans in Wolfsburg. There is a lot at stake, as company leaders have even discussed closing entire plants. That would be a turning point for Germany’s… Continue reading German FAZ: Industrial dispute in the VW Group – what is the situation with the automotive industry?008356
Category: German Press
German Manager Magazine: Porsche SE: Major Volkswagen shareholder expects loss of billions 003826
The Porsche Holding SE (PSE) expects a loss of billions for 2024. “The consolidated result after taxes of the Porsche SE Group for the 2024 financial year will be significantly negative,” said the major shareholder Volkswagen and Porsche on Friday after the stock market closed. The forecast for consolidated earnings after taxes of between 2.4… Continue reading German Manager Magazine: Porsche SE: Major Volkswagen shareholder expects loss of billions 003826
German Manager Magazine: Volkswagen tariff dispute: IG Metall wants an agreement on VW003825 before Christmas
VW main plant in Wolfsburg: Around 60,000 employees work in the VW main plant, where they produce the mass-produced Golf, Golf Variant, Tiguan and Touran models. At the same time, Wolfsburg is the headquarters of the Volkswagen Group with a total of ten vehicle brands (VW, VW Commercial Vehicles, Audi, Škoda, Seat, Cupra, Ducati, Porsche,… Continue reading German Manager Magazine: Volkswagen tariff dispute: IG Metall wants an agreement on VW003825 before Christmas
German Handelsblatt: Car manufacturer: Porsche SE cancels profit forecast – Volkswagen charged010286
Porsche Holding SE expects a negative result for the current financial year. The background is the consequences of the difficult market environment in the automotive industry. Go to Source
German Handelsblatt: Car manufacturer: “No taboos, no consultants” – Mercedes wants to save five billion euros010285
The Dax group Mercedes-Benz has specified its savings targets for the first time and outlined the ways to achieve them. Its fixed and variable costs are expected to fall massively by 2027. Go to Source
German Handelsblatt: Automotive industry: Porsche SE cancels profit forecast – Volkswagen charged010283
Porsche Holding SE expects a negative result for the current financial year. The background is the consequences of the difficult market environment in the automotive industry. Go to Source
German Handelsblatt: Automotive industry: Porsche SE cancels profit forecast – Volkswagen charged010283
Porsche Holding SE expects a negative result for the current financial year. The background is the consequences of the difficult market environment in the automotive industry. Go to Source
German Handelsblatt: Car manufacturer: “No taboos, no consultants” – Mercedes wants to save five billion euros010281
The DAX group wants to massively reduce its fixed and variable costs by 2027. Thousands of employees are to leave the company through partial retirement, early retirement and severance pay. Go to Source
German Handelsblatt: Car manufacturer: “No taboos, no consultants” – Mercedes wants to save five billion euros010281
The DAX group wants to massively reduce its fixed and variable costs by 2027. Thousands of employees are to leave the company through partial retirement, early retirement and severance pay. Go to Source
Takeover of Schneider Automobile in North Rhine-Westphalia: Glinicke continues to expand
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