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GERMAN AUTO INDUSTRY
China's latest 'shock', German auto pain and the euro/yuan pressure cookerChina's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...
Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
Carnegie Fonder questions Persistent Systems' Nagarro acquisition, cites growth concernsIn an open letter on professional networking website LinkedIn, portfolio manager Gunnar Pahlson questioned the logic of paying a 140% premi...
China's car slump has a new escape route — the rest of the worldChina's auto sales decline prompts manufacturers to boost overseas exports. Domestic demand has fallen significantly, pushing companies to ...
Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
China car sales slump for ninth straight month, exports stay strongChina's car sales have declined for nine consecutive months, impacting domestic demand significantly. Automakers are now increasingly focus...
What are the key issues in Volkswagen's restructuring efforts?Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...
School assembly news headlines for June 29: Top national, international, business, sports update and thought of the dayPrime Minister Modi's historic Seychelles address highlighted maritime bonds, while India and the island nation inked 19 cooperation outcom...
Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slidesEuropean markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, al...
Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
EU agrees to implement US trade pact after Trump threatsThe European Union has agreed to implement its part of a trade deal with the United States. This move is crucial to avoid new tariffs threa...
Iran war saddles global companies with $25 billion bill and countingGlobal companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil pric...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
Trump’s anger at Germany hangs over EU trade deal pushEuropean Union officials are racing to finalize a trade deal with the United States before a July 4 deadline. President Donald Trump's pers...
Trump auto tariff hike could cost Germany nearly $18 billion in output, institute saysGermany faces a potential 15 billion euro output loss due to US President Donald Trump's planned tariff increase on European cars and truck...
Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
Beijing auto show: Chinese EV makers target Europe’s luxury car turfChinese car makers are now targeting premium customers. Brands like Geely and Nio are launching advanced electric and hybrid vehicles. Thes...
Germany's Scholz calls for fair competition and warns against dumping during China visitGerman Chancellor Olaf Scholz has called for fair competition in trade relations with China, warning against dumping and overproduction. Sc...
German auto industry sees limp growth in 2023With the easing of supply chain bottlenecks, the VDA said it forecast two percent growth in new car sales in Germany this year, to 2.7 mill...
- German finance minister rules out auto industry aid
German Finance Minister Peer Steinbrueck ruled out a financial rescue package for the auto sector on Monday ahead of a top-level crisis mee...