27 stories found
A large German auto industry company is grappling with severe financial distress, leading to operational closures that put approximately 1,200 positions at risk amid broader European automotive sector struggles.
Volkswagen CEO Oliver Blume has stated that the company and the broader German automotive industry are facing their 'greatest turmoil in history,' citing unfavorable global conditions and intense competition from China.
German automotive industry lobby groups are demanding clear limits on government access to vehicle telemetry data, as the government seeks to grant intelligence agencies more powers.
The German automotive industry is struggling under pressure from Chinese competition, leading to significant job cuts. BMW became the fifth German automaker to announce mass layoffs.
Despite an increase in electric car production, the German automotive industry is suffering from reduced domestic production and the loss of tens of thousands of jobs.
The German automotive industry is anticipating a difficult economic summer. Experts predict a challenging period ahead for the sector.
Germany's automotive industry is grappling with an escalating crisis, projected to lose one in four jobs by 2035, as China gains dominance and Germany faces urgent pressure to reinvent its industrial strategy.
The German auto industry could lose 220,000 jobs by 2035, according to VDA estimates, a significant increase from previous projections.
BMW reported a 3% decline in profit for 2025, performing better than its German competitors like Volkswagen and Porsche, whose earnings saw more significant drops. The company's resilience is attributed to various factors, even as the broader German automotive industry faces a turbulent period with increased competition from Chinese manufacturers.
Germany's historic car manufacturing industry confronts severe structural challenges, including declining sales, regulatory pressures, and intense global competition.
Chinese plug-in hybrid vehicles are gaining market share in Europe, highlighting what an economist describes as costly misjudgments by the German automotive industry.
The Ifo Institute announced a noticeable improvement in sentiment within the German automotive industry, attributed to strong demand for electric vehicle subsidies, particularly among middle-income households.
The German automotive industry, a crucial pillar of the national economy, is facing a severe crisis that threatens one in ten jobs within the sector.
The German auto industry, exemplified by VW, is facing a reckoning after years of significant profits, with indications that the era of easy gains is over.
The German automotive sector, exemplified by conflicts at Volkswagen and Mercedes, is facing a pivotal year that will determine the future of Germany as an industrial hub.
Germany's most important industrial group, Volkswagen, is struggling for its future, with major conflicts intensifying at its Zwickau plant, reflecting the state of the country's auto industry.
The German automotive industry anticipates greater job losses than previously expected by 2035, driven by the shift to electric mobility, high taxes, and expensive energy.
German car manufacturers and suppliers are demonstrating strong innovation, filing the most patents according to the German Patent and Trademark Office, with Bosch and Mercedes leading the rankings driven by advancements in electrical engineering.
The CEO of Volkswagen has issued a stark warning, stating that the situation for the German car-making industry is critical and in jeopardy.
The German auto industry is described as 'burned out' due to increasing regulations and restrictions that limit individual mobility, potentially alienating consumers.
The German automotive industry is confronting a crisis, experiencing billions in losses, layoffs, and political issues, attributed to cheaper and more advanced Chinese electric vehicles.
The automotive industry in southwestern Germany is experiencing a severe crisis, leading to job losses. As a result, arms companies are emerging as new employers and a source of hope for skilled workers, though not for everyone.
Major German automakers like VW and BMW are struggling, and their crisis is increasingly affecting industrial sites in Austria. A modern factory in Berndorf now stands empty, illustrating a trend that could soon impact other Austrian industrial locations.
Volkswagen's cost-cutting plans, including layoffs, underscore the significant difficulties facing the automotive industry in Germany, reflecting an unavoidable market reality.
Struggling German automakers are exploring a move towards arms manufacturing, though it remains uncertain if this shift will significantly boost the economy.
Volkswagen plans to cut 50,000 jobs as the German auto industry experiences shrinking profits, with a prominent economist predicting a permanent contraction of the sector.
The first official image of the ninth generation Volkswagen Golf has been published, as the German auto industry navigates geopolitical conflicts and trade disputes.