German FAZ: Politicians are arguing about Volkswagen austerity measures007592

The tightened austerity measures by Germany’s largest car manufacturer, Volkswagen, are making waves in politics. CDU leader Friedrich Merz sees him as a symbol of how poorly the German economy fares in international comparison. “Germany is no longer competitive enough,” he criticized at a CDU event in Osnabrück. The company may have made a mistake… Continue reading German FAZ: Politicians are arguing about Volkswagen austerity measures007592

German FAZ: Alarm signals for Germany as an industrial location007591

Volkswagen’s announcement that it is considering layoffs and even the closure of entire plants in Germany should be seen as an alarm signal about how bad things are now for the industrial location. The Wolfsburg management will not have placed its message without ulterior motives shortly before the start of its collective bargaining negotiations with… Continue reading German FAZ: Alarm signals for Germany as an industrial location007591

German FAZ: Is the time of ever thicker car armor over?007590

There is already a fairly precise answer to the frequently asked question about what the future of the automobile looks like: the time of the all-rounder is over. The time when people drove the Volkswagen Beetle (in the past) or the large SUV (today) to work or on vacation, to the bakery or to kindergarten,… Continue reading German FAZ: Is the time of ever thicker car armor over?007590

German Manager Magazine: Audi: Top manager in Italy falls 200 meters to his death003535

Fabrizio Longo, Audis Italy-Boss, died at the age of 62 during a mountain hike in the northeastern Italian region of Trentino. The long-time one AudiManager, who was considered an experienced mountaineer, fell around 200 meters on Sunday at an altitude of more than 3,000 meters. Car manufacturer Audi was dismayed and praised Longo’s work. A… Continue reading German Manager Magazine: Audi: Top manager in Italy falls 200 meters to his death003535

German Manager Magazine: Stock market: Dax with another record high003534

After a cautious start to the week, Dax investors are stalking ever closer to the 19,000 point mark. With an all-time high of 18,990.8 points, the leading German index remained less than ten points below the mark on Tuesday. However, during trading, the gains of up to 0.3 percent crumbled again. The Dax was most… Continue reading German Manager Magazine: Stock market: Dax with another record high003534