Cars
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 Gives German Workers A Reduced €5,900 Bonus For 2014
The Volkswagen brand will hand out a €5,900 (about US$6,270 at today's rates) performance bonus to roughly 115,000 of its German employees for 2014. Read more »...
- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Volkswagen Group Operating Profits Soar 86 Percent In The First 9 Months Of 2011
Whereas the rest of the European carmakers such as PSA Peugeot and Citroen and the Fiat Group are facing troubled times, the German auto industry is enjoying one of its most prosperous eras ever. On Thursday, Europe's largest automaker, the Volkswagen...
- 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...
- Audi Group Reports More Successful Fiscal Year Ever
The 2007 fiscal year proved the most successful in Audi’s history as the German luxury carmaker achieved record figures for production, vehicle sales, revenue and profit. “We’re looking back on the most successful fiscal year in the...
Cars
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 a little over US$9,400 at the current exchange rates for 2012, which is about 4 percent less than what the company handed out in 2011 (€7,500), despite the fact that its preliminary net profit rose to €21.72 billion in 2012 from €15.41 billion the previous year.
Read more »- Vw Gives German Workers A Reduced €5,900 Bonus For 2014
The Volkswagen brand will hand out a €5,900 (about US$6,270 at today's rates) performance bonus to roughly 115,000 of its German employees for 2014. Read more »...
- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Volkswagen Group Operating Profits Soar 86 Percent In The First 9 Months Of 2011
Whereas the rest of the European carmakers such as PSA Peugeot and Citroen and the Fiat Group are facing troubled times, the German auto industry is enjoying one of its most prosperous eras ever. On Thursday, Europe's largest automaker, the Volkswagen...
- 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...
- Audi Group Reports More Successful Fiscal Year Ever
The 2007 fiscal year proved the most successful in Audi’s history as the German luxury carmaker achieved record figures for production, vehicle sales, revenue and profit. “We’re looking back on the most successful fiscal year in the...