Category: German Press

German FAZ: A second car giant could emerge in Japan008409

Japan could soon become the world’s third-largest car company, with eight million vehicles sold, close to Volkswagen’s 9.2 million. As Japanese media report, Honda and Nissan want to talk about a possible merger in view of the tough global competition in electric vehicles. The creation of a holding company under which the two car companies… Continue reading German FAZ: A second car giant could emerge in Japan008409

German FAZ: What threatens the auto industry with punitive tariffs against Mexico008408

The closer the election date in the USA gets, the more drastic the threats from Republican presidential candidate Donald Trump become: first he threatened a hundred, then 200 percent punitive tariff on vehicles produced in Mexico for the US market. The target group of his statements are voters in the so-called Rust Belt, the oldest… Continue reading German FAZ: What threatens the auto industry with punitive tariffs against Mexico008408

German FAZ: The Japanese Menetekel008407

The year 2026 will be a very special year for European consumers. For the first time in more than fifty years, they will be able to buy cars from Japan without being hit with an import tariff. For decades, Japanese imported vehicles were more expensive than necessary in this country because the European Union wanted… Continue reading German FAZ: The Japanese Menetekel008407

German FAZ: Hard struggle for VW – cuts in Wolfsburg and Zwickau?008407

Since Monday morning, representatives of the Volkswagen Group and IG Metall have been negotiating the controversial savings plan for Europe’s largest car manufacturer in a conference hotel in the northeast of Hanover. They have already sat together for around 50 hours, and on the night from Wednesday to Thursday alone, they wrestled until four in… Continue reading German FAZ: Hard struggle for VW – cuts in Wolfsburg and Zwickau?008407

German Manager Magazine: Auto industry: Car registrations in the EU fell in November – fewer electric cars003843

The European car market continued to lose momentum in November. According to the industry association ACEA on Thursday, 869,816 vehicles were newly registered in the EU, 1.9 percent less than a year ago. Things went down particularly sharply France with a decrease of 12.7 percent, followed by Italy with minus 10.8 percent. On the German… Continue reading German Manager Magazine: Auto industry: Car registrations in the EU fell in November – fewer electric cars003843