Germany

ThyssenKrupp plans to sell axle systems unit, report says

9:40 am U.S. ET | April 14, 2015

German steelmaker ThyssenKrupp is selling its automotive contract assembly unit, which makes axle systems for car makers, as it seeks to streamline its activities and beef up profitability, two sources familiar with the deal told Reuters....
Read More »

Is Germany making too many luxury cars?

8:39 am U.S. ET | April 14, 2015

Massive sales gains present some tricky terrain for a luxury brand. The appeal of a German-born luxury car, at least in part, is the air of exclusivity. So how do Germany's car bosses deal with that potential stigma?...
Read More »

Germany's 9% sales rise a positive sign of Europe's continued rebound

April 2, 2015 11:45 CET

New-car sales in Germany increased 9 percent last month, the VDA industry association said. With March sales also up in other key markets such as France and Italy, the rise shows that the region's gradual recovery is continuing....
Read More »

Delphi employees killed in France plane crash

March 25, 2015 12:26 CET

Two Spain-based Delphi employees were among the 150 victims of a plane crash in a remote part of the French Alps. The employees were traveling to a meeting in Germany....
Read More »

Daimler will upgrade key German plant for fuel-efficient engines, fuel cells

March 18, 2015 22:23 CET

Daimler will invest billions of euros to modernize its powertrain factory in Untertuerkheim, near Stuttgart. The plant will become a center of competence for fuel-efficient engines, hybrid drivertrains and the production of fuel cell systems....
Read More »

SGL eyes more cutbacks on weak graphite electrode markets

March 18, 2015 16:59 CET

Germany's SGL, the materials supplier for carbon fiber reinforced parts in BMW Group's electric cars, has stepped up cost cutting efforts again to grapple with a difficult market for graphite electrodes used in steel recycling....
Read More »

VW Chairman Piech, Porsche family on witness list in hedge-fund lawsuit

March 18, 2015 11:35 CET

VW Group Chairman Ferdinand Piech and Porsche SE Chairman Wolfgang Porsche are among 21 people who will be asked to testify by a German court in a 1.8 billion euro lawsuit filed by two U.S. hedge funds....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW, VW changes shake up Germany's top auto ranks

March 11, 2015 06:01 CET

When Harald Krueger becomes CEO at BMW Group and Herbert Diess takes over as boss of the VW brand this year, four of the six heads of Germany's biggest automotive brands will be in their early or mid-50s, marking a generational shift for the industry....
Read More »

VW's German workers get 3% wage increase

March 5, 2015 12:56 CET

Volkswagen will give workers at German plants a 3.4 percent wage increase even as the automaker looks to boost profitability by cutting costs....
Read More »

Germany joins France, Spain, Italy in posting sales gains

March 2, 2015 19:15 CET

New-car sales in Germany rose 6.6 percent in February and are heading for a modest increase this year compared with 2014 levels. Germany joined France, Italy and Spain in posting gains last month....
Read More »

A shakeup in Germany’s top auto ranks

12:01 am U.S. ET | March 2, 2015

Germany's automotive ranks are undergoing a generational shift. When Harald Krueger rises to CEO at BMW Group and Herbert Diess takes over as chairman of the Volkswagen brand this year, four of the six heads of Germany's biggest automotive brands will be in their late 40s to mid-50s....
Read More »

Porsche hedge-fund lawsuit faces dismissal in Germany

Feb. 26, 2015 15:14 CET

Hedge funds seeking 1.2 billion euros ($1.4 billion) in damages from Porsche SE in Germany over its failed attempt to take over carmaker Volkswagen Group in 2008 will likely have their case dismissed, according to a German judge....
Read More »

Union OKs 3% wage rise in Daimler, Porsche's heartland

Feb. 24, 2015 10:47 CET

Germany's biggest trade union, IG Metall, accepted a 3 percent wage increase for the country's southwest region, home to carmakers Daimler and Porsche. The union had called for a 5.5 percent increase. Deals agreed in the region traditionally serve as a template for agreements across Germany....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Incoming Bosch auto boss must boost margin, fend off rising Conti, ZF

Feb. 16, 2015 06:01 CET

When Rolf Bulander takes over as head of Bosch's car parts division in April he will face hurdles such as raising the unit's margin to 8 percent and maintaining its position as the world's largest supplier despite intensifying competition from Continental and ZF....
Read More »

CHRISTIAAN HETZNER

BLOG: Did VW pick the wrong U.S. state to build the Passat?

5:48 am U.S. ET | Feb. 11, 2015

Kentucky Gov. Steven Beshear has a message for any German carmaker or supplier considering expanding into the South: Labor unions are welcome, at least in his state....
Read More »

2015 GENEVA AUTO SHOW

BMW expands minivan lineup with 7-seat 2 series

Feb. 11, 2015 16:45 CET

BMW will expand its minivan lineup with the seven-seat 2-series Gran Tourer that goes on sale in Europe in June. The latest 2-series variant will debut next month at the Geneva auto show....
Read More »

German prosecutors drop probe of Daimler, Merkel aide

Feb. 10, 2015 11:50 CET

Prosecutors in Berlin have dropped a probe into whether Daimler granted "undue advantage" to a former treasurer of Chancellor Angela Merkel's Christian Democrats when it hired him as chief political lobbyist....
Read More »

Daimler's innovation unit looks to products of the future

Feb. 7, 2015 06:01 CET

Daimler's business innovation unit is figuring out how current customers' children will use the automaker's products. That can mean everything from 3-D printing for classic car parts to package-delivery drones and a driverless concept car that doubles as a luxury lounge....
Read More »

CHRISTIAAN HETZNER

BLOG: Has VW scored an own goal bankrolling its soccer club?

10:05 am U.S. ET | Feb. 6, 2015

With Volkswagen looking to save 5 billion euros in costs at its core VW brand and key wage negotiations with its German workforce just starting, is it sensible to use shareholder money to subsidize a soccer club's ambitions for a top-flight title?...
Read More »

German car sales rise as Europe rebound continues

Feb. 3, 2015 14:30 CET

New-car sales in Germany rose 3 percent in January, adding to signs that the European rebound is continuing. The rise follows sales growth last month in France, Italy and Spain....
Read More »

CHRISTIAAN HETZNER

BLOG: German auto industry feels ripples from Paris terror attacks

5:53 am U.S. ET | Jan. 30, 2015

The January killings of journalists at satirical magazine Charlie Hebdo in Paris have brought home to Germany the difficult issue of Jihadi attacks, with the debate now reaching the economic pride of the country, its carmakers....
Read More »

Germany plans driverless-car pilot project on autobahn

Jan. 27, 2015 10:36 CET

Germany plans a driverless-car pilot project on a portion of the A9 autobahn between Munich and Berlin. The project would be one of the first to equip a stretch of public highway specifically for testing autonomous vehicles....
Read More »

Ford will raise German production as demand rebounds

Jan. 16, 2015 12:34 CET

Ford will increase production of its Fiesta and three other models in Germany to meet growing demand in some of the region's key markets....
Read More »

Opel prices new Karl to win former Chevrolet customers

Jan. 15, 2015 11:31 CET

Opel said its new Karl minicar will cost 9,500 euros in Germany. The Karl will offer safety and driver systems not common in the segment including lane departure warning, Opel said....
Read More »

2015 AUTOMOTIVE NEWS WORLD CONGRESS

Mercedes-Benz seeks new communication ties to customers

11:31 am U.S. ET | Jan. 14, 2015

Mercedes-Benz is on a mission to expand its footprint in the digital world, improve its customer service and maintain its ionic status, Ola Kaellenius, the executive charged with the brand's marketing and sales, said today at the 2015 Automotive News World Congress....
Read More »

Automotive News Cover
News by Brand