Porsche Faces Sharp Sales Decline in China and Europe Amid Market Challenges
Porsche reports its lowest sales since 2020, with a sharp 26% drop in China and declines across Europe, while adjusting strategy amid market challenges.
Porsche reports its lowest sales since 2020, with a sharp 26% drop in China and declines across Europe, while adjusting strategy amid market challenges.
Germany's car market grew slightly in 2025, driven by electric and hybrid vehicle gains, but demand remains below pre-pandemic levels amid economic uncertainty.
The German automotive supply industry, particularly in Saxony-Anhalt, faces insolvencies and job threats amid pressures to adopt new technologies and transform business models, while broader economic sentiment in Germany remains cautious for 2026.
Germany's largest corporations saw a 15% profit decline in 2025 amid sector-specific struggles and job losses, with cautious optimism for recovery.
DB Regio's large electric bus order includes 200 Chinese-made BYD buses, prompting political calls for domestic industry support amid competitive pricing pressures.
Several major German e-charging companies, including Claus Heinemann Elektro GmbH and Langgroup subsidiaries, have filed for insolvency to restructure amid economic pressures, with ongoing operations assured for EV users in NRW.
The EU's new regulatory reform on combustion engines relaxes phase-out plans but poses economic challenges for Germany's automotive sector.
German industries cut back investment amidst an economic crisis, with vehicle manufacturing and chemicals sectors hit hardest while pharmaceuticals show growth.
The German automotive industry forecasts a slow market recovery in 2026 amid economic sluggishness and regulatory pressures, advocating for policy reforms to boost competitiveness.
Lörrach’s NSI achieves revenue growth approaching €42 million despite challenges in the automotive sector.
German automakers face sweeping job cuts and structural reforms amid economic and technological challenges, with severance payouts soaring and industry leaders urging decisive change.
Major German automakers ramp up job cuts and severance payouts amid a deepening industry crisis, as experts call for urgent structural reforms to secure the sector's future.
German automotive giants plan thousands of job cuts amid intense global competition, with industry experts calling for urgent structural reforms and investments in renewable technologies.
The German automotive industry faces its lowest employment levels since 2011 amid significant job losses, with experts calling for comprehensive industrial policies to protect jobs and strengthen production.
Audi announces a partial production stop in Neckarsulm due to declining demand and regulatory hurdles, highlighting challenges in the automotive industry.
Niedersachsen's top companies face economic challenges with varied production and revenue trends, amid automotive sector crises and regional issues.
German companies including Geta, DHL, Commerzbank, Rheinmetall, and Volkswagen pursue growth and strategic positioning with attention to sustainability and operational challenges.
High-level talks in Germany outline government and industry commitments to support the electromobility transition, focusing on investment security, job stability, and policy clarity.
The German automotive industry's lobbying influence is shaping CDU policies amid internal government divisions on EU regulations.
ZF Friedrichshafen confirms workforce reductions and operational changes in its Saarland facility.
German firms are innovating and accelerating projects as they navigate economic difficulties.
Germany's automotive industry faces a crisis of accountability amid ongoing layoffs and market instability.
Bosch announces major job cuts affecting 13,000 employees in Germany's automotive sector amid ongoing industry challenges.
Recent strategic corporate developments highlight significant moves in the electric vehicle and medical technology sectors relevant to Germany.
Germany's new tax incentives aim to encourage electric vehicle investments for businesses from 2025 to 2028.
Germany faces significant challenges due to its reliance on Chinese battery technology for electric vehicles.
German automotive companies showcase successful transformations and innovations in response to industry challenges.