Hydrogen, especially hastily introduced, as is happening in Germany, is beginning to cause the first losses. Take the exemplary case of Hanover: the cancelled hydrogen project...
Luxembourg-based insurer FWU Life Insurance Lux has declared insolvency, according to a press release from provisional bankruptcy trustee Ivo-Meinert Willrodt and from German newspaper Merkur.de. This...
With a trick, German Volkswagen starts exporting cars to Russia again, despite sanctions. For the Wolfsburg company, the game is played using Chinese branches, but the...
Things have been pretty mediocre for Tesla in Germany this year: protests, production stoppages, problems in the market. And now the expansion of the electric car...
As the months go by, the automotive market in France sinks further and further. In July, registrations of new passenger cars (VPN) were down on the...
The famous manufacturer of quality car seats Recaro from Kirchheim unter Teck has filed for insolvency at Esslingen Local Court due to financial difficulties. On Monday, the...
Millions of European motorists could soon find themselves stranded, and credit, as usual, goes to the European Commission. German Transport Minister Volker Wissing has sounded the...
Germany’s unemployment data rose more than expected in July, highlighting the current economic challenges facing Europe’s largest economy. The Federal Labor Office released data on Wednesday...
Volkswagen, Europe’s largest automaker, fails to break out of downward spiral. The group announced early Thursday that it had earned much less in the first half...
Chinese authorities have asked for increased safety checks of key infrastructure around the nation after a second fatal highway collapse in three months killed at least...
