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Volkswagen’s reckoning: Job cuts, factory closures, and a 10% pay slash loom over Germany’s auto icon
Retail
Volkswagen’s reckoning: Job cuts, factory closures, and a 10% pay slash loom over Germany’s auto icon
By Michelle Fitzpatrick and AFPOctober 28, 2024
Mercedes pledges cost cuts after China slump hits margin
Retail
Mercedes pledges cost cuts after China slump hits margin
By William Wilkes and BloombergOctober 25, 2024
Former President Donald Trump
Politics
Wall Street has already priced in a Trump victory—just look at European stocks and the inflation market
By Paolo ConfinoOctober 24, 2024
Elon Musk
Tech
Tesla delivers blowout quarter and upbeat outlook for 2025
By Kara Carlson, Dana Hull and BloombergOctober 23, 2024
Germany’s biggest lender reports a 42% jump in quarterly profits after major restructuring takes effect
Finance
Germany’s biggest lender reports a 42% jump in quarterly profits after major restructuring takes effect
By AFPOctober 23, 2024
Workers assemble the new Volkswagen ID.4 electric sport utility vehicle (SUV) at the VW factory on September 18, 2020 in Zwickau, Germany. Volkswagen will officially present the ID.4 towards the end of September. In addition, Volkswagen also produces the smaller ID.3 at the Zwickau plant. Both cars are meant to lead the company towards mass sales in the electric car market and provide it with strong competition against rival Tesla.
Finance
Germany’s lost decade: How the Fortune 500 Europe giant is flirting with long-term irrelevance
By Ryan HoggOctober 22, 2024
The city of Shanghai is seen in the background as construction workers refurbish an overhead pedestrian bridge.
Finance
The IMF forecasts a sharp drop in inflation—but China’s growth is set to slow
By Paul Wiseman and The Associated PressOctober 22, 2024
A woman tends to some sheep
Health
German sheep farmers are describing this virus as the ‘most aggressive’ they’ve seen in over a decade
By Léa Pernelle and AFPOctober 21, 2024
An image of BYD executive vice president Stella Li.
Retail
BYD to woo European EV buyers, but not for less than €25,000
By Monica Raymunt and BloombergOctober 15, 2024
passengers boarding a Ryanair flight
Lifestyle
Ryanair is retaliating against Germany’s tax hikes by slashing routes and cutting 1.8 million seats
By Prarthana PrakashOctober 11, 2024
German government slashes economic growth forecast, warning ‘structural problems’ will remain until 2025
Finance
German government slashes economic growth forecast, warning ‘structural problems’ will remain until 2025
By Michelle Fitzpatrick and AFPOctober 9, 2024
German industrial production rebounds on volatile car output
Retail
German industrial production rebounds on volatile car output
By Mark Schroers and BloombergOctober 8, 2024
Commerzbank’s new CEO vows to fight UniCredit takeover, saying tie-up would be ‘extremely difficult’
Finance
Commerzbank’s new CEO vows to fight UniCredit takeover, saying tie-up would be ‘extremely difficult’
By AFPOctober 7, 2024
Europe’s largest economy is set to decline for the second year in a row, according to German media reports
Finance
Europe’s largest economy is set to decline for the second year in a row, according to German media reports
By AFPOctober 7, 2024
People view Volkswagen Lingdu L car during 2024 Xinjiang International Auto Show on March 13, 2024 in Urumqi, Xinjiang Uygur Autonomous Region of China.
Tech
The EU has voted in favor of massive tariffs on Chinese EVs. Here’s what it means for Europe’s carmakers
By Ryan Hogg and AFPOctober 4, 2024
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