The former Volkswagen-Boss Martin Winterkorn (76) has to retire because of the Diesel scandal to stand trial in Braunschweig from September. The main hearing will begin on September 3rd, the Braunschweig regional court announced on Friday. The proceedings on suspicion of fraud and false statements and the proceedings on suspicion of market manipulation would be… Continue reading German Manager Magazine: Martin Winterkorn: Trial against ex-Volkswagen boss starts in September 003173
Category: German Press
German Manager Magazine: Money machine start-up funds: How Bitburger, Haniel and Oetker invest in VC funds003173
Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. The subscription is automatically extended 24 hours before it expires one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To manager+ outside To use this app,… Continue reading German Manager Magazine: Money machine start-up funds: How Bitburger, Haniel and Oetker invest in VC funds003173
German Handelsblatt: Trial: Ex-VW boss Winterkorn will be on trial from September because of the diesel scandal008684
The trial against former Volkswagen boss Martin Winterkorn begins at the beginning of September. He is accused of fraud, false statements and market manipulation in the diesel scandal. Go to Source
German Handelsblatt: Takeover: Schaeffler and Vitesco conclude merger agreement008683
As announced, Vitesco shareholders will receive 11.4 Schaeffler shares for each of their shares. Go to Source
German Handelsblatt: Sports cars: What Porsche has changed on the Panamera008682
Visually, the new Porsche Panamera hardly seems to differ from its predecessor. But a first trip reveals what the engineers have changed. Go to Source
German Manager Magazine: Webasto: Automotive supplier announces job cuts after disappointing annual results003172
The automotive supplier Webasto is planning massive job cuts. “A double-digit percentage job cut is probably unavoidable,” said CEO Holger Engelmann (58) on Thursday in Stockdorf near Munich. Webasto currently employs 16,600 people worldwide. “The annual result for 2023 is disappointing and forces us to act.” Last year, sales increased slightly to 4.6 billion euros.… Continue reading German Manager Magazine: Webasto: Automotive supplier announces job cuts after disappointing annual results003172
German Handelsblatt: Car manufacturer: BMW makes more sales, less profit – and cuts the dividend008681
A one-off effect from the takeover of the China subsidiary BBA increased the previous year’s profit. Electric cars are expected to account for a fifth of BMW sales this year. Go to Source
German Handelsblatt: Car manufacturer: These managers are being traded for board positions at Mercedes008680
The luxury car maker will fill several top jobs in the next few years, including head of the legal and China departments. CEO Ola Källenius is already putting confidants in position. Go to Source
German Handelsblatt: New entry-level model: VW wants to launch the 20,000 euro electric car in 2027008679
VW wants to expand its range of electric cars to include a small car. The ID.1 should cost 20,000 euros. Now Volkswagen is announcing the launch date for the entry-level electric car for the first time. Go to Source
German Handelsblatt: Car manufacturer: These managers are being traded for board positions at Mercedes008678
The luxury car maker will fill several top jobs in the next few years, including head of the legal and China departments. CEO Ola Källenius is already putting confidants in position. Go to Source