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Because despite Germany's progressive reputation on gender equality, it actually harbors one of the largest gender pay gaps in Europe and there is a sever lack of female leaders. Radstrom will in fact be only the second female CEO of a DAX 40 company, underlining the need for more gender diversity in top positions.
Within the automotive industry the statistics are even more stark. Even though women account for up to 85% of purchasing power, they hold globally ~20% of positions within the industry, reducing to less than 10% in executive positions.
Deloitte's Women in Automotive Industry Report highlighted 90% of women believe they are under-represented in leadership roles. A recent poll with the Women Automotive Network community supported this, revealing 49% still see the glass ceiling as a significant barrier to female leadership in the automotive industry.
It is therefore even more crucial when we read about promotions such as that we take the time to this achievement.
👏 Congratulations Karin! In the words of Serena Williams: "The success of every woman should be the inspiration to another."
While progress has been made, there is still a long journey ahead. Let's aspire to witness more female leaders like Karin, serving as inspirations for all of us as we strive for greater gender equality in leadership roles.
hashtag#BetterTogether hashtag#WomenAutomotiveNetwork hashtag#WomeninAutomotive hashtag#FemaleLeadership hashtag#DiversityMatters hashtag#InspireInclusion
On the evening of June 2, following the Detroit Summit, the Women Automotive Network presented two awards at the 2026 AutoTech Awards: the Woman Automotive Leader of the Year and the People and Culture Excellence Award.
On June 2, the Women Automotive Network came to Detroit. 714 professionals, 235 companies, 16 countries in person and online, all with their own reasons and why.
The automotive industry is in the middle of one of the biggest architectural shifts in its history....
