Germany’s largest automaker rode a wave of strong sales for years, but lagging demand and pressure from China are forcing it to consider layoffs.
Author: MELISSA EDDY
Volkswagen’s Woes Reflect a Stagnant German Economy
Germany’s largest automaker rode a wave of strong sales for years, but lagging demand and pressure from China are forcing it to consider layoffs.
Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
The deal would create one of the largest copper miners at a time when demand is soaring for the metal used in many green technologies.
German Business Is Tangled in Red Tape
Companies in Germany complain that the demands of bureaucracy are costing them time and money that would be better spent building their businesses.
German Business Is Tangled in Red Tape
Companies in Germany complain that the demands of bureaucracy are costing them time and money that would be better spent building their businesses.
Inflation Cools in Eurozone, Nearing Central Bank’s Target
Prices in the countries that use the euro rose 2.4 percent in the year through March, coming closer to the European Central Bank’s 2 percent inflation target.
Small Businesses Sound Alarm Over Weakening German Economy
Thousands of companies, concerned that Germany is facing a recession, are calling for an end to political infighting that has blocked a possible stimulus plan.
Let Tesla Expand? Three German Teens Have a Few Thoughts.
The U.S. automaker’s plan to enlarge its operations outside Berlin has divided local residents. Some worry about the environmental costs; others see job prospects.
Germany’s Economy Stalls Amid Falling Output and Political Bickering
The economy shrank last year and is not predicted to grow much in 2024. Farmers are angry, industrial output is falling and the government is bickering.
Eurozone Price Pressures Edged Higher to End the Year
Inflation in the countries that use the euro rose to 2.9 percent in December, but the underlying rate continued a downward trend.