The decline in European production is accelerated by a trend known as 'local for local', which sees carmakers, such as German brands, increasingly produce their cars and source their supplies in the ...

German companies, particularly the carmakers, face huge market pressure in China. For years derided as producing cheap, clunky cars, Chinese manufacturers — admittedly heavily supported by the state — ...

A leading consumer-climate index conducted by research groups GfK and the Nuremberg Institute for Market Decisions slipped to minus 22.4 in February's forecast, from minus 21.4 in January. It was a ...

Monday, shares of Volkswagen AG (VOW:GR) (OTC: OTC:VWAGY), currently valued at $53.42 billion, remained in focus as Citi analysts reiterated their Buy rating and EUR125.00 price target. Trading at an ...

The Ifo Institute's business-climate index rose to 85.1 in January from 84.7 in December, a little better than expected by economists polled by The Wall Street Journal. December's result was the ...

The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering ...

Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the ...

Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the sector's woes have sparked fears it will turn into an "open-air industrial ...

Chancellor Olaf Scholz voiced cautious optimism on Tuesday on the potential for German-U.S. relations under President Donald ...

Chancellor Olaf Scholz’s three-party coalition government ... including a drumbeat of job cut announcements at major companies including Volkswagen, steelmaker and industrial conglomerate ...

Also read: Germany accuses Elon Musk of 'trying to influence' elections with AfD endorsements Following the collapse of Chancellor Olaf Scholz's coalition ... at leading companies throughout the year.