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Germany’s normally stable government has collapsed. Here’s why
It faces competition from China in the manufacturing of some of its main exports, which has delivered high-profile damage to
Germany
’s famous automobile industry.
Volkswagen
,
Germany
’s largest manufacturer, is considering factory closures in its home ...
German government collapses, adding upheaval in uncertain moment
Chancellor Olaf Scholz fired his finance minister and announced a confidence vote that is widely expect to fail and pave the way to early elections in March.
Germany’s Government Collapsed — What’s Next
Germany’s ruling coalition led by Chancellor Olaf Scholz imploded after months of infighting between his center-left Social Democrats, the climate-focused Greens and the pro-business Free Democrats.
Germany’s Fractious Government Collapses
German Chancellor Olaf Scholz dismissed a pro-business party from his governing coalition, ending a three-year alliance marked by increasing internal dissent and political stasis.
2d
on MSN
Volkswagen’s $4.3 billion cost-cutting plan threatens German legacy
Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...
CNN on MSN
4h
Goldman Sachs slashes growth forecasts for Germany, UK and wider Europe on Trump win
President-elect Donald Trump’s proposed protectionist policies, including hefty tariffs, will hurt Europe’s economic standing ...
2d
on MSN
Parts supplier cuts thousands of jobs as Germany's auto woes deepen
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days after union officials warned ...
2d
on MSN
Why is Volkswagen so important for Germany?
The crisis around Volkswagen hits at the very heart of German engineering excellence. It's hard to be more German than ...
9d
Volkswagen May Close German Plants for First Time in Its History
The auto maker’s top employee representative told workers that management planned to shutter three German factories to cut ...
10d
on MSN
Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs
Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and cut salaries in response to ...
The Associated Press - Business News on MSN
9d
Volkswagen’s employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least ...
Autoblog on MSN
5d
Volkswagen’s sweeping cuts devastate workforce with layoffs, pay reductions, and plant closures
If
Volkswagen
follows through with its plan, it would be the first time that the company has closed a factory in
Germany
.
8d
on MSN
Germany economy panic as Volkswagen sends 'urgent' warning amid 64% profits slump
Volkswagen is arguably Germany's most famous brand, and an enduring symbol of its post-war economic dominance.
The Economist
7d
Volkswagen’s woes illustrate Germany’s creeping deindustrialisation
T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...
The Associated Press - Business News on MSN
7d
Volkswagen says cost cuts are urgently needed as its earnings decline sharply
Volkswagen says significant cost cuts are urgently needed as it reports a steep decline in third-quarter earnings and faces ...
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