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On August 3, 1933, Adolf Hitler received Sosthenes Behn (then the CEO of ITT) and his German representative, Henry Mann, in one of his first meetings with US businessmen. [16] [17] [18] [need quotation to verify] In his book Wall Street and the Rise of Hitler, Antony C. Sutton claims that ITT subsidiaries made cash payments to SS-leader ...
Rudolf-August Oetker was an active member of the Waffen-SS of the Third Reich. The company supported the war effort by providing pudding mixes and munitions to German troops. The business used slave labour in some of its facilities. The Oetker Family is among those German families, who have profited most from their close relations to the Nazi ...
A large trade deficit seemed almost inevitable. But Hitler found this prospect unacceptable. Germany began to move away from partially free trade in the direction of economic self-sufficiency. [94] Hitler was aware of the fact that Germany lacked reserves of raw materials, and full autarky was therefore impossible. Thus he chose a different ...
Volkswagen Group's global headquarters are located in Volkswagen's historic home of Wolfsburg, Germany. [87] [88] Volkswagen Group, as a unit, is Europe's largest motor vehicle manufacturer, with over 74,000 employees and over 7,700 dealerships. [89] For a long time, Volkswagen has had a market share over 20 per cent. [90]
Volkswagen plans to close at least three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.
The German Forced Labour Compensation Programme was established in 2000; a forced labour fund paid out more than €4.37 billion to close to 1.7 million of then-living victims around the world (one-off payments of between €2,500 and €7,500). [36]
Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.
Volkswagen has informed employee representatives that it wants to close at least three plants in Germany, the head of the company's works council said Monday. Employee council chief Daniela ...