What will the EU do when cars become commodities?
Volkswagen has defused the labour crisis sparked by its announcement of impending plant closures with a deal that agrees to keep these factories open and reduce…
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German automotive sector
Popular articles tagged "German automotive sector"
Porsche’s electric shift troubles leave 8,000 jobs on the line
German sports car manufacturer Porsche says it faces major cost reductions and could lay off up to 8,000 employees.
Bosch, ‘absolutely unbearable,’ to cut up to 10,000 jobs as German economy slows
German industrial giant Bosch will lay off thousands more employees than it had already announced, it said on December 11.
German Greens call for relaxing EU emissions fines on carmakers
Germany's Greens party economy minister Robert Habeck has called for the relaxing of fines on automotive emissions that were set to hit European Union carmakers…
Germany to see weakest growth of all industrialised countries in 2025, says OECD
Germany, traditionally the engine of the European economy, will have the weakest growth of all industrialised countries in 2025, the Organisation for Economic Co-operation…
Automotive supplier Bosch plans to cut 5,550 jobs, most in Germany
In a new blow for the struggling German car industry, auto parts supplier Bosch has said it wanted to cut more jobs than previously indicated in May, when the company…
Outdated software running Germany Inc goes for easy protection not innovation
Christian Democratic Union (CDU) leader and likely future chancellor Friedrich Merz is sidling cautiously up to the debt brake issue that just demolished the traffic…
Ford to slash 14% of European workforce, citing EV transition and intensifying competition
Ford said on November 20 it would cut around 14 per cent of its European workforce, blaming significant losses in recent years compounded by weak demand for electric…
German deindustrialisation: Unions propose wage-rise delay to save VW plants
Workers unions in Germany have proposed that Volkswagen delay wage increases to save manufacturing plants in Germany.
EU deindustrialisation: Audi to shut Brussels factory in February 2025
German vehicle manufacturer Audi has said it would shut its factory outside Brussels by the end of February next year, media outlets in Belgium have reported.
German car industry chief warns one-in-four jobs at risk in next decade
Volkswagen's recent shock announcement to cut tens of thousands of jobs, in concert with wage restrictions, was not an isolated event but part of a much bigger crisis,…
Volkswagen crisis: Tens of thousands of German jobs at risk with factory closures
German multinational car giant Volkswagen has announced dramatic austerity measures as the company struggles with declining sales and revenue.
Volkswagen warns of German plant closures
Volkswagen said on Monday it can no longer rule out plant closures in Germany as it pursues ways to save several billion euros in a cost-cutting drive at its namesake…
Report casts doubt on German economic viability
Germany's economy is facing challenges that threaten the viability of its growth model, a report has claimed.
EU bureaucracy, taxes and energy costs forces major auto manufacturer abroad
Germany's second-largest automotive supplier, ZF Friedrichshafen, is planning to close plants in Europe and cut up to 12,000 jobs.
German car industry urges EU to drop tariffs on China-made cars
Germany's VDA auto association has urged the European Commission to drop its planned tariffs on China-made electric vehicles in a last-ditch effort to influence…
China warns EU of potential trade war over ‘unfair’ electric cars probe
China's commerce minister Wang Wentao warned that escalating tensions with the European Union could lead to a "trade war".
EU electric car sales drop in May as German demand slumps, industry says
Sales of new battery-electric cars in the European Union dropped 12 per cent in May from a year earlier, led by a 30 per cent plunge in Germany, data from Europe's…
Scholz’s botched China trip should be a wake-up call for Europe
You would think a European leader spooked by the prospect of transactional politics under a new Donald Trump administration might brush up on his bargaining skills…
Germany used to be Europe’s economic powerhouse – it is fast becoming today’s sick man of Europe
In 2010, the now German minister of the economy Robert Habeck wrote, in his book published that year, that “patriotism, love of country, that makes me want to…
Tired of rising energy costs, Michelin and Goodyear to pull out of Germany
The "rapid" deterioration of the market outlook in Germany has led to Goodyear shutting two plants, one in Brandenburg and one in Hesse.
Two in three German companies relocate abroad amid energy chaos
Two out of three German companies have at least partly relocated their operations abroad because of Germany's ongoing energy chaos, says consultancy firm Deloitte.
Germany’s industry chiefs sound alarm as economy tanks
Industry executives have warned that Germany has entered a phase of “de-growth” dominated by nosediving industrial production.
Germany now the ‘Sick Man of Europe’
Germany has long been regarded as the engine of the European economy but that engine is sputtering and the "Sick Man of Europe" label is starting to stick.
Green groups put brakes on Germany’s biggest classic-car rally
It looks like the end of the road for Germany's biggest vintage-car rally, which has been cancelled just days before it was due to take place, amid environmental…