German Manager Magazine: BYD: Suspicion of human trafficking at Chinese electric car factory in Brazil003857

Brazilian authorities have more than 100 Chinese workers at a construction site owned by the Chinese electric car manufacturer BYD classified as a victim of human trafficking in the state of Bahia. The 163 workers were discovered on the premises of a Chinese company factory, authorities said late Thursday. Brazilian prosecutors released videos from the… Continue reading German Manager Magazine: BYD: Suspicion of human trafficking at Chinese electric car factory in Brazil003857

German FAZ: The year of severance pay008444

At the end of the year, the bad news from the German economy is coming in quick succession. Europe’s largest car manufacturer VW wants to cut more than 35,000 jobs by 2030. Thyssenkrupp’s steel division will lose 11,000 of its current 27,000 jobs. The automotive supplier Bosch is cutting another 5,500 jobs internationally. Go to… Continue reading German FAZ: The year of severance pay008444

German FAZ: No time for pessimism008443

Shortly before the turn of the year, the news from the economy is not encouraging. The agreement on the restructuring of Volkswagen has once again demonstrated how much the industry’s previous successes, which have been taken for granted over time, cannot be continued. The German economy, like other economies in Europe, has lost touch in… Continue reading German FAZ: No time for pessimism008443

German FAZ: Popemobile: Trade fairs on wheels008437

The devil wears Prada, so the Pope couldn’t possibly have chosen an Italian car. A Lamborghini like the one the highway police in boots drive? Or maybe a Fiat Panda, since there is already a Dacia Duster in the fleet that is rich in abstinence? It is said that the decision was made by secret… Continue reading German FAZ: Popemobile: Trade fairs on wheels008437

German FAZ: Hexagrams made of wood008437

The extended Naito family could not have imagined that their family coat of arms would one day become the symbol of a city and then also the recognition mark of their new museum. The samurai clan ruled in the mountainous area east of Nagoya, precisely the area in central Japan that is now considered the… Continue reading German FAZ: Hexagrams made of wood008437

German FAZ: Car manufacturers Honda and Nissan are planning a mega merger008438

Japan is trying to create a second heavyweight in the global car market through the merger and cooperation of Honda, Nissan and Mitsubishi. According to the combination of the current half-yearly data, a car company combined from the previously independent companies would be the third largest car company in the world with a combined turnover… Continue reading German FAZ: Car manufacturers Honda and Nissan are planning a mega merger008438

German FAZ: Honda shares from Allianz with Nissan are soaring 008437

Asian stock markets rose slightly on Tuesday. However, movements were limited in a holiday-shortened week. China continues to struggle with a faltering recovery, despite leaders in Beijing pledging more support. “China faces significant challenges in 2025,” said Ronald Temple, chief market strategist at Lazard. “The ongoing housing crisis has shaken consumer confidence. A possible trade… Continue reading German FAZ: Honda shares from Allianz with Nissan are soaring 008437

German FAZ: Popemobile: Trade fairs on wheels008437

The devil wears Prada, so the Pope couldn’t possibly have chosen an Italian car. A Lamborghini like the one the highway police in boots drive? Or maybe a Fiat Panda, since there is already a Dacia Duster in the fleet that is rich in abstinence? It is said that the decision was made by secret… Continue reading German FAZ: Popemobile: Trade fairs on wheels008437