Audi sues German importer over Chinese AUDI electric cars
The cars are the E5 Sportback and the E7X, developed with SAIC Motor for young, tech-minded Chinese buyers and never listed for official sale in Europe.
Latest reporting and analysis on industrial policy.
The cars are the E5 Sportback and the E7X, developed with SAIC Motor for young, tech-minded Chinese buyers and never listed for official sale in Europe.
Ineos said almost 4,000 jobs in the Humberside supply chain hang on the plants if the pause becomes permanent.
The figures match a plan first set out in June under the “tailor Made” programme.
JLR employs about 43,000 people worldwide, including about 34,000 in Britain. A smaller round last year removed about 500 UK management roles.
For years the Federation of German Industries (BDI) and the big car, chemical and machinery groups treated China as a market first and a rival second.
They called for the burden to be reduced on a sustainable basis, describing further increases as unacceptable for businesses and employees.
High energy costs, bureaucracy, skilled-labour shortages and external pressures, including US trade policies and Chinese market distortions.
The Munich-based manufacturer plans to reduce its global workforce by around 8,000 positions by the end of 2027, with most of the cuts expected to come from Germany…
Applications for the Battery Booster Facility close on September 30, with a ceiling of €500 million per project.
Paris and Berlin have promised a common position on the bloc's automotive package and its "Made in Europe" requirements by the end of summer.
The Valencia factory currently produces only the Kuga and has been operating well below its full capacity, making the partnership important for its long-term future.
In previous years these bonuses and special payments could reach several thousand euros when the company was performing strongly.
Heavy industry would keep free pollution permits until 2038 under the biggest overhaul of the European Union carbon market since it began in 2005.
Italy and Poland lead a group with just enough weight to block the reform in the Council of the European Union.
Eichbaum Brewery, founded in 1679 in the town of Bad Windsheim in Bavaria, announced that it will cease production later this year.
The move is part of a broader far ranging cost-cutting and efficiency drive as the group confronts a sharp downturn in its core European and Chinese markets.
In the April-to-June period, there were 4,996 insolvencies of partnerships and corporations.
The company, part of the struggling Volkswagen Group, employs around 40,000 people worldwide, with the majority based in Germany.
McKinsey’s 65-page study shows that Germany is investing almost nothing in additional production capacity.
Germany's small firms are facing challenges in the shift to carbon-neutral production, grappling with high energy costs and insufficient electricity supply for electrification…
Chief Executive Tadeu Marroco said the changes would strengthen the company’s ability to compete in a rapidly evolving environment.
The plans would roughly double the previously announced target of around 50,000 job reductions, already called historic at the time due to its impact.
Around 350 jobs are affected at the Dietenhofen site, which specialised in the manufacture of the popular toys.
The companies said prolonged uncertainty threatened not only their own expertise and resources but also the stability of their partners and supply chains.
National law could still allow exceptions to automatic approval where there was a serious risk to human health or national security.
The German's challenge is combined by a broader slowdown across the global automotive sector.
The contracts followed the government signing an agreement for Poland to borrow €43.7 billion from the €150 billion SAFE programme.
Italian Prime Minister called for greater competitiveness, simplification and the cutting of red tape.
A visit to Philip Morris International’s (PMI) manufacturing and technology hub in Bologna offered Brussels Signal a firsthand look at the company’s ambitious…
The sectors covered include defence, financial services, semiconductors, telecommunications, transport and raw materials.
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