German carmaker BMW has announced more record figures while presenting its earnings report for 2016. But while sales also reached a new high, the Munich-based firm was overtaken by domestic rival Mercedes.
Some 200,000 people and 3,000 companies have come together at CeBIT in the German city of Hannover to celebrate all things digital. Among them, two world leaders: Shinzo Abe and Angela Merkel.
Workers at two airports in Berlin on Monday said they would extend a walkout over pay that has grounded almost all flights out of the German capital.
It is as hard to imagine how the U.S. government could force American consumers to stop buying German cars as it is to conceive of the German government persuading Germans to buy U.S.-made cars, a key ally of Chancellor Angela Merkel said.
Former German retail tycoon Anton Schlecker went on trial Monday, five years after his drugstore chain collapsed, accused of having stashed away millions in corporate assets before the bankruptcy.
The French company that owns Peugeot and Citroen has struck a deal to buy General Motors’ (GM) European unit, including the Opel and Vauxhall brands. PSA is on its way to becoming Europe’s second-largest carmaker.
Consumer prices in the euro currency area have accelerated to hit two percent for the first time since January 2013, adding to pressure on the European Central Bank to taper its massive monetary stimulus.
The US is no longer Germany’s most important trade partner, but China, fresh figures from the statistics office have suggested.
Germany expects PSA Group’s proposed acquisition of General Motors’ Opel business to go ahead, a minister said on Thursday, after the U.S. carmaker sought to allay fears of large-scale plant closures.
German airline Lufthansa said Wednesday it had agreed to boost pilots’ salaries by 8.7 percent over four years, hoping to end years of disputes and costly walkouts by air crew.