Tag: Daimler

German autos sector slashes jobs as economic woes bite

A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany. Florian Wiegand | Getty Images News | Getty Images A perfect storm of industry and economic challenges have weighed on Germany’s autos sector, which has shed tens of thousands of jobs over a one-year stretch to the… Continue reading German autos sector slashes jobs as economic woes bite

Nissan shares fall over 6% as Mercedes-Benz plans to shed its stake in Japanese automaker

A brand new Nissan car is displayed on the sales lot at Golden State Nissan on March 26, 2025 in Colma, California.  Justin Sullivan | Getty Images Nissan Motor shares tumbled on Tuesday after Mercedes-Benz announced plans to offload its 3.8% holding in the Japanese automaker. Tokyo-listed shares of Nissan declined as much as 6.7%… Continue reading Nissan shares fall over 6% as Mercedes-Benz plans to shed its stake in Japanese automaker

German Manager Magazin: Mercedes-Benz, Volkswagen and Co: Car manufacturers paint over 50,000 jobs in one year004380

In the economic crisis, German industry is lost. In the car industry alone, around 51,500 jobs or almost 7 percent of jobs were broken down within one year, an analysis of the consulting company EY shows. No other industrial industry is so badly affected. The number of industrial workers on June 30 was 5.42 million… Continue reading German Manager Magazin: Mercedes-Benz, Volkswagen and Co: Car manufacturers paint over 50,000 jobs in one year004380