The economy is not growing. More and more companies are going bankrupt, from the fashion company Esprit to the travel company FTI. Leading managers complain about the current situation. The car company Volkswagen is even threatening to close plants in Germany for the first time in its history. Go to Source
Category: German Press
German FAZ: Can traffic gridlock still be averted?007714
Is Germany now completely gripped by a “lust for ruin”? This expression, originally coined from Thomas Mann’s story of decline “Death in Venice,” describes what is currently going on here. The devastating news comes almost every hour. Three examples: Health Minister Karl Lauterbach just claimed that there are far too many hospitals here and therefore… Continue reading German FAZ: Can traffic gridlock still be averted?007714
German FAZ: Volkswagen presents the new Bulli007716
At the start of the IAA Transportation commercial vehicle trade fair, Volkswagen presented the new generation of its van in Hanover. On the eve of the exhibition, which initially opens to journalists and trade visitors on Monday, brand boss Carsten Intra presented the “New Transporter”, which is intended to succeed the previous T6.1. Intra was… Continue reading German FAZ: Volkswagen presents the new Bulli007716
German FAZ: The great frustration of Boeing employees007715
The bad news for Boeing continues: The American aircraft manufacturer is being rocked by a major strike for the first time since 2008. Thousands of employees walked off work at factories near Seattle on Friday, bringing production of key Boeing models such as the 737 Max and 777 to a standstill. The workers had previously… Continue reading German FAZ: The great frustration of Boeing employees007715
German FAZ: “It will be a global race with the Chinese”007714
From the perspective of Ford CEO Jim Farley, based in Dearborn near Detroit, the discussions about electric cars appear very different than in Europe: “So far we are only in the first round of the race to reduce CO2 emissions,” says Farley the F.A.Z. His imagination is that of baseball, where there are usually nine… Continue reading German FAZ: “It will be a global race with the Chinese”007714
German Manager Magazine: Volkswagen in China: Plant closure planned – VW and SAIC draw conclusions003574
Consider due to dwindling demand for internal combustion engine vehicles Volkswagen and its Chinese partner SAIC to close a plant in the People’s Republic. To this end, production of Passat models will be relocated from Nanjing to another factory nearby, a person familiar with the matter told Reuters on Wednesday. Manager magazin reported in mid-April… Continue reading German Manager Magazine: Volkswagen in China: Plant closure planned – VW and SAIC draw conclusions003574
Future of the general inspection: TÜV Süd invests in a model laboratory
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German Handelsblatt: Electric sports car: This is how the Audi E-Tron GT is supposed to stand up to the Porsche Taycan009678
Although both share a base, the Porsche Taycan has so far been more successful than the Audi E-Tron GT. That’s why the people of Ingolstadt are working on it. What worked and what didn’t. Go to Source
German Handelsblatt: Auto industry: VW and SAIC apparently want to close the plant in China009677
Sales of combustion engines in China have recently collapsed. That’s why, according to a media report, Volkswagen could now give up a Chinese joint venture with SAIC. Go to Source
German Handelsblatt: Auto industry: VW and SAIC apparently want to close the factory in China009675
Sales of combustion engines in China have recently collapsed. That’s why, according to a media report, Volkswagen could now give up a Chinese joint venture with SAIC. Go to Source