Tesla's sales volume in Germany fell by 60% in June, the German road traffic agency KBA said on Tuesday, although sales of ...

Germany's net exports fell by half over the same period, to 1.2 million cars. Chinese factory capacity is estimated at 50 million vehicles a year, roughly half of global demand. Skimping on investment ...

Faced with the collapse of the model that made them — and Germany — rich, automakers face an existential challenge. Above all, they must figure out if Germany’s traditional engineering prowess is ...

Car production has also suffered because of weaker domestic demand, due to the overall state of the German economy, the VDA added, noting that wider macroeconomic trends also impact the auto sector.

For decades, car-making has been the jewel in Germany's industrial crown, a powerful symbol of the country's famous post-war economic miracle. Its "Big Three" brands, Volkswagen, Mercedes-Benz ...

BERLIN – Germany's economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country's traditional exports of cars and ...

German industrial production rose at its fastest pace this year in August, largely due to a rebound in the country’s car industry, though output only offset the fall in the prior month as the ...

BERLIN (Reuters) -German economic institutes on Thursday cut their growth forecast for this year to 0.1% from the 0.8% expected in September, taking into consideration initial U.S. tariffs on ...

Germany's economy contracted for the second consecutive year in 2024, continuing its struggle with a series of internal and external challenges.

For decades, Germany has relied on manufacturing and exports – a model that made it the world’s third largest economy. But that model is breaking down, and the country’s leaders are offering ...

Germany's net exports fell by half over the same period, to 1.2 million cars. Chinese factory capacity is estimated at 50 million vehicles a year, roughly half of global demand. Skimping on investment ...

BERLIN – Germany's economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country's traditional exports of cars and ...