Activity in Germany’s services sector grew at the strongest pace in four months in December, a survey showed on Monday, bringing a strong end to an otherwise weak quarter for Continue Reading
German unemployment rose more than expected in December, data showed on Friday, adding to signs that weakness in the manufacturing sector is hurting the labor market in Europe’s biggest economy. Continue Reading
German employment reached a record high in 2019 as higher labor-market participation and increased immigration of foreign workers more than offset demographic change, the statistics office said on Thursday. The Continue Reading
Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW’s diesel cars. In Continue Reading
Last month, Tesla announced it would be building a “giga-factory” just outside Berlin. The factory will create as many as 8,000 jobs and crank out up to 150,000 cars every Continue Reading
Germany is going forward with its plan to phase out nuclear reactors by 2022 as another nuclear power plant is going offline on December 31. Power company EnBW has said Continue Reading
Öhringen lies deep in the automaking country, the homeland of Germany’s biggest industry and a source of national pride. And by most appearances, life is pretty good. The unemployment rate Continue Reading
London — Germany’s planned phasing out of nuclear power will continue with the closure next Tuesday of the 1.5 GW Philippsburg 2, leaving six reactors with a combined 8 GW Continue Reading
Under the Volkswagen’s latest plans, the company expects to reach its original strategic target of one million electric cars by the end of 2023—two years earlier than previously predicted. The Continue Reading
Volkswagen said on Friday that it would reach a key target in the production of electric autos earlier than previously anticipated. The German automaker will have produced one million electric Continue Reading
