While the crisis in the sector affects all global brands, German companies have been especially badly hit. Volkswagen has ...

The IG Metall union boasts about the “success” of the so-called “Agreement for the Future” and is already busy working to ...

Ford Motor Co. is investing up to $4.8 billion (4.4 billion euro) in its German subsidiary to address over-borrowing and fund ...

After growth in recent years, China-headquartered manufacturers today account for about 3% of all new passenger car registrations in Germany. Brands of Japan and South Korea make up 8% and 6% of ...

Another major factor is China's speedy shift from low-value manufacturing to high-tech and innovative industries, driven by ...

Things are grim for auto producers in Europe, where car sales have nosedived to 10.6 million a year from 15.1 million annually pre-pandemic. Meanwhile, German car exports fell by 50 percent, to a ...

A German labor union warned Tuesday that Ford Motor Co.'s German subsidiary could face insolvency following an announcement ...

But another US analyst said in early February that tariffs of 25 percent would wipe out any profits. German car manufacturers would be particularly affected since they export most of their high-end ...

Using spare capacity in the car sector would help preserve Germany's established manufacturing infrastructure as well as boosting the output of military equipment, he noted. Car industry supplier ZF ...