Car industry in crisis
- Europe
Bosch: Up to 10,000 German jobs at risk as car market stutters
The world’s largest supplier of car parts has been hit by weak demand, strong Chinese competition and slow transition to…
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Volkswagen staff resume strike action amid fears of plant closures
Thousands of employees downed tools for four hours in nine German plants as the car maker and its unions opened…
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Mercedes reveals plans to cut costs by several billion euros per year
Mercedes has revealed plans for substantial cost cuts of several billion euros in the coming years. However, specific details on…
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Thousands of job cuts on the way across struggling sectors in Europe
The latest redundancy plans come from German car parts maker Schaeffler and French grocery chain Auchan. ADVERTISEMENT Thousands of job…
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Thousands of jobs to go at German car parts maker Schaeffler
The company is downsizing at 10 locations in Germany and five other sites in Europe, further illustrating the challenges facing…
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European tariffs on Chinese electric vehicles: All you need to know
EVs are the latest flash point in a broader trade dispute over Chinese government subsidies. The new levy concerns European…
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European EV crisis: Audi’s Brussels factory faces uncertain future
This article was originally published in Italian Audi’s plant in Belgium’s capital assembles a €80,000 electric SUV, which is too expensive…
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European e-car crisis: Uncertain future for Audi factory in Brussels
This article was originally published in Italian Audi’s Brussels plant is assembling an 80,000 euro electric SUV, which turns out to…
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Why are carmakers pleading for a respite from EU climate policy
The head of the European Automobile Manufacturers’ Association explains why the industry faces multi-billion euro fines next year when stricter…
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VW workers stage protest as managers and unions hold talks
The talks on pay and conditions at Volkswagen come amid reports of job cuts and, for the first time in…
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