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Hosted on MSNGerman automotive industry crisis hits Hungarian suppliersGerman-based automotive supplier ZF Hungary has announced plans to axe 110 jobs at its Hungarian base, citing the downturn in ...
With the economy a key factor in German elections this month, can the auto sector get back on the road to recovery?
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German auto industry braces for change as car crisis bitesAdditionally, the industry is struggling with "high energy costs and excessive bureaucracy." The German Association of the Automotive Industry (VDA) also sees the weakening of Germany as an industrial ...
The mayors of 15 German cities have written to the European Commission demanding the immediate rollback of its looming ...
A crisis in the German car industry has been burning slowly for years but has been accelerated by a surge in exports from ...
German factory orders surged in December, adding to evidence that the outlook for the beleaguered sector may be improving.
The German automotive industry, a cornerstone of the economy, faces significant challenges, including the shift to electric vehicles and rising global competition. High production costs ...
However, the planned restructuring was too slow, and the crisis in the German automotive industry led to the bankruptcy of the company. Last week, Volkswagen AG (VW) announced the likely curtailment ...
This move could potentially bolster China's presence in the German auto industry. Volkswagen is currently grappling with the challenges posed by a global economic downturn and the shift towards ...
Additionally, the industry is struggling with "high energy costs and excessive bureaucracy." The German Association of the Automotive Industry (VDA) also sees the weakening of Germany as an ...
The German chancellor’s visit to Chequers ... Ben Stansall/PA Wire Germany’s automotive industry will be the biggest loser by far if Europe is dragged into a trade war, according to modelling ...
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