Business

The German government is developing an action plan to address concerns over the Asian shopping platforms Temu and Shein. These platforms are...

BMW has announced plans to begin series production of a hydrogen fuel cell vehicle in 2028. This move marks a significant step...

German supermarkets are witnessing an annual phenomenon as Christmas treats hit the shelves in late summer. While some customers are outraged by...

Capri-Sun, the popular drink pouch manufacturer, has launched an online petition to bring back plastic straws. The company aims to collect one...

Daimler Truck, a major commercial vehicle manufacturer, has announced a significant leadership change. Karin Radström will become the new CEO of the...

The German automotive industry is facing a crisis amid poor sentiment and job cuts at Volkswagen. However, an Ifo Institute expert remains...

Buero.de, a German office supply retailer, is reportedly up for sale. This development comes amid recent plans for an IPO and store...

Volvo has adjusted its plan to phase out combustion engines, now extending the timeline beyond 2030. Despite this change, the company remains...

Economist Moritz Schularick warns that Volkswagen's recent cost-cutting measures reflect a broader shift in the German auto industry. He cautions against political...

As the German government plans to reduce its stake in Commerzbank, speculation about a potential takeover has increased. However, Deutsche Bank's CEO...

The real estate market in Dortmund is experiencing a significant shift. For the first time in years, property prices, especially for detached...

The "Deutsche Ostsee" LNG terminal on Rügen Island has commenced its regular operations. This marks a significant milestone for the controversial facility,...

Audi's Brussels factory is facing an uncertain future as the production of its luxury SUV Q8 e-tron may be discontinued. The Volkswagen...

The German government is planning new tax incentives from 2024 to revive electric car sales. This move comes after a significant drop...

The German government is preparing to reduce its stake in Commerzbank. This move marks the beginning of the state's exit strategy from...

Germany's national debt has significantly increased in recent years. The country owes money to various creditors both domestically and internationally. Germany's debt...

The growing trend of working from home is leading companies to cut down on office space, with some already making changes and...

The sale of Deutsche Bahn's logistics subsidiary, DB Schenker, is approaching its final stages. Danish logistics company DSV appears to be the...

The Galeria department store chain is moving forward, but with a reduced network of stores. Nine branches are closing, while 83 department...

German automotive suppliers are losing market share to Chinese competitors, according to a PwC study. The shift is largely driven by the...

Intel's planned chip factory in Magdeburg faces uncertainty due to the company's billion-dollar cost-cutting measures. The struggling US tech giant is considering...

Hydrogen-powered vehicles have long been considered expensive and complex, deterring many automakers from investing in their development. However, BMW and Toyota are...

Following its insolvency, the travel company FTI Touristik is now being liquidated. The company owes over a billion euros to hundreds of...

Volkswagen is intensifying its cost-cutting measures, now considering plant closures and layoffs. This decision has sparked outrage from the company's workers' council...

Wolfsburg AG and its staffing subsidiary, Autovision, are feeling the impact of Volkswagen’s financial difficulties. The car manufacturer’s crisis is hitting both...

Audi's Italy director, Fabrizio Longo, tragically lost his life during a mountain hike in the Italian Alps. His fatal fall occurred near...

Real wages in Germany have increased for the fifth consecutive quarter, reflecting a rise in purchasing power. However, analysts are uncertain whether...

The construction industry in Germany continues to struggle with rising insolvencies due to high interest rates and construction costs. Gussek Haus, a...

The automotive industry of Germany is facing significant challenges as electric vehicles lose ground and uncertainties grow. A dealership advisor recommends against...

The Volkswagen ID.7 model, introduced around a year ago, cannot currently be considered a sales hit. In the first seven months of...