2024-09-04 17:55:08
Automotive
Business
Job cuts in the automotive industry: New crisis at VW could also affect NRW partners
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Economy
Finance
Technology
VW's austerity measures are burdening NRW suppliers; Thyssenkrupp and high energy costs are exacerbating the situation; Structural change requires innovations; Germany is losing competitiveness; Ingolstadt is running fairly well; 20% job losses are threatened; CDU leader Merz sees VW as a 'case for restructuring'; Economic expert Grimm warns against state rescue attempts; CAR director Dudenhöffer sees no alternative to cost reductions.
focus
Massive Job Cuts in Germany - Europa-Park CEO: 'There are politicians who are happy when a company closes'
Germany is economically under pressure: high taxes, rising energy prices, and bureaucracy are driving traditional companies like Miele, Stihl, and Meyer Burger to relocate production abroad. Despite these challenges, Europa-Park is booming, expanding globally, and in search of skilled workers.
rp_online
Steel Giant in NRW: State Government Rejects Supervisory Board Seat at Thyssenkrupp Steel
Economy
Politics
Finance
The state government of North Rhine-Westphalia (NRW) is rejecting a supervisory board seat at Thyssenkrupp Steel despite 700 million euros in funding. IG Metall chairwoman Benner and the opposition are demanding influence through control bodies, which the government is rejecting. Minister Neubaur emphasizes entrepreneurial responsibility and sees no need for a steel summit.
sueddeutsche
Automotive Industry: Behind the Red Line
Economy
Volkswagen is facing a crisis: The car market in Europe has not recovered since the Corona crisis, leading to overcapacity and high costs. VW has a market share of 25% in Europe, which corresponds to a loss of 500,000 vehicles, the capacity of two large factories. In addition, the investments in electromobility require enormous expenditures. The Group's management is therefore planning cost savings, including plant closures and the termination of the employment guarantee. This is meeting with..
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