Cars
Among the three premium German automakers, the only company that will share part of its 2008 profits with workers is Audi as BMW and Mercedes-Benz's parent company Daimler decided not to pay a profit-sharing bonus for 2008. Audi AG will hand out €157 million from last year's record operating profit of €2.77 billion (+2.5% compared to 2007) to around 43,000 of its qualifying employees in Ingolstadt and Neckarsulm. That comes to an average of €3,651 or about $5,100 US for each employee that will receive the bonus by the end of May.
- Volkswagen Hands Out A €7,200 Bonus To German Employees
Good news for Volkswagen's German workforce as Europe's largest carmaker is sharing some of the record profits the company delivered in 2012 with its employees. VW said on Wednesday that it will pay German workers a bonus of €7,200 or...
- Porsche To Reward Employees With €1,100 Bonus This Year
A bonus is a bonus, a nice surprise whatever the amount, especially during these hard times for those working in the auto industry. In spite of the difficult economy situation, Porsche announced that it will share the profits from its core business unit...
- Daimler Posts €1,4 Million Loss In First Quarter Of 2009, Sales Down 34%
Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax...
- Audi Reports Record 2008 Profits And Sales, Pays €5,300 Bonus To Each Employee
In spite of the widespread financial crisis, the Audi Group reported that it ended the 2008 fiscal year with record-breaking figures for production, vehicle deliveries, revenue and profit. Deliveries of Audi brand vehicles were up 4.1 percent to the record...
- Porsche Rewards Workers With €6,000 Bonus
Thousands of Porsche employees are to receive a €6,000 (US$ 8,750) bonus due to the company’s exceptional economic performance for the recently-concluded business year 2007/2008 that ended in July 31. The bonus that comes a year after a similar...
Cars
Audi to Pay Workers Hefty Bonus for 2008, BMW and Mercedes-Benz Say Nein
Among the three premium German automakers, the only company that will share part of its 2008 profits with workers is Audi as BMW and Mercedes-Benz's parent company Daimler decided not to pay a profit-sharing bonus for 2008. Audi AG will hand out €157 million from last year's record operating profit of €2.77 billion (+2.5% compared to 2007) to around 43,000 of its qualifying employees in Ingolstadt and Neckarsulm. That comes to an average of €3,651 or about $5,100 US for each employee that will receive the bonus by the end of May. According to a report from Autonews, due to the fact that Daimler is facing the need to cut labor costs, the firm's management and union took the decision to withhold the €224.2 million euro profit-sharing bonus that it had planned to pay out to workers. The company has yet to decided what it will do with the money.
Via: Autonews (Sub. Req.)
- Volkswagen Hands Out A €7,200 Bonus To German Employees
Good news for Volkswagen's German workforce as Europe's largest carmaker is sharing some of the record profits the company delivered in 2012 with its employees. VW said on Wednesday that it will pay German workers a bonus of €7,200 or...
- Porsche To Reward Employees With €1,100 Bonus This Year
A bonus is a bonus, a nice surprise whatever the amount, especially during these hard times for those working in the auto industry. In spite of the difficult economy situation, Porsche announced that it will share the profits from its core business unit...
- Daimler Posts €1,4 Million Loss In First Quarter Of 2009, Sales Down 34%
Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax...
- Audi Reports Record 2008 Profits And Sales, Pays €5,300 Bonus To Each Employee
In spite of the widespread financial crisis, the Audi Group reported that it ended the 2008 fiscal year with record-breaking figures for production, vehicle deliveries, revenue and profit. Deliveries of Audi brand vehicles were up 4.1 percent to the record...
- Porsche Rewards Workers With €6,000 Bonus
Thousands of Porsche employees are to receive a €6,000 (US$ 8,750) bonus due to the company’s exceptional economic performance for the recently-concluded business year 2007/2008 that ended in July 31. The bonus that comes a year after a similar...