VW is in the midst of a sales and cost crisis and says it needs to close factories in Germany and layoff thousands of staff and finds itself among the European carmakers facing increased ...
Continental is set to close two plants next year and Schaeffler has announced mass sackings. The IG Metal union has agreed a ...
Embattled German car manufacturer Volkswagen has launched a joint venture with US electric vehicle manufacturer Rivian. The ...
Germany's car giants were once the envy of the world, but now find themselves facing a myriad of threats. On Wednesday VW said net profit for the three months to September 30 plunged by almost 64% ...
For the first time in its 87-year history, Volkswagen, a cornerstone of Germany’s automotive heritage, is considering closure of at least three of its domestic factories and laying off thousands of ...
Around 49,200 all-electric Volkswagen vehicles have been newly registered in Germany so far in 2024, ahead of BMW's 33,167 vehicles, according to the KBA. Registrations of new Tesla vehicles, ...
Ukrainian President Volodymyr Zelensky has criticized a call between Germany’s chancellor and Russian President Vladimir Putin as opening a “Pandora’s box” that only works to undermine ...
Bankinter | The German company could close three plants in Germany. Until now everything pointed to the ... include the reduction of installed capacity in other European plants. Volkswagen has not ...
The German economy, although still the biggest in Europe, could be derailed by US President-Elect Donald Trump's policy agenda, promising hefty trade tariffs which could cost 1% of Germany's GDP.
Energy supply in Germany is based on a major sector which relies on both domestic production and foreign imports. Primary energy self-sufficiency in Germany was at 100 percent for three leading ...