Tag: German
Daimler Buses buys 49% stake in German software company Sinos
Daimler Buses has recently made a strategic move by acquiring a 49% stake in Sinos, a software solutions…
Are the glory days of German carmakers gone forever?
The automotive industry, particularly the German car sector, has been facing multiple challenges in recent years. Issues such…
German carmaker Porsche to implement additional job cuts by 2029
Porsche, a renowned carmaker and majority-owned by Volkswagen, has announced plans to lay off an additional 1,900 employees…
Porsche to cut nearly 2,000 German jobs as EV struggles worsen
The iconic luxury sports car maker, Porsche, is facing tough times as it plans to cut 1,900 jobs…
BEVs boom in German new-car market but concerns are growing
The German new car market saw a surge in battery-electric vehicle (BEV) registrations at the beginning of 2025.…
Continental’s ContiTech division plans to close four German facilities
Continental, a renowned German automotive supplier, has announced the closure of four plants and the downsizing of two…
Chinese firms considering buying Volkswagen’s struggling German plants-report
Chinese investors and officials are reportedly interested in acquiring German automotive factories, particularly those owned by Volkswagen, as…
German car makers are struggling in China as the nation favours its own
German car makers are facing challenges in the Chinese market as the nation continues to prioritize its own…
Volkswagen: the end of a German industrial myth?
But Volkswagen’s problems are not limited to China. In India, its sales have been steadily declining, and in…
German automotive SMEs face economic challenges
The German automotive industry is facing a challenging year ahead, according to a recent survey conducted by the…