The German automaker, which quit making cars in Russia after the invasion of Ukraine, said it sold its plant to a local auto dealership chain.
Category: Germany
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Former Audi Chief to Plead Guilty in Emissions Scandal
Rupert Stadler, a former member of Volkswagen’s management board, would be the highest-ranking executive to confess wrongdoing in a case that rocked the industry.
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The ‘Peace Dividend’ Is Over in Europe. Now Come the Hard Tradeoffs.
Defending against an unpredictable Russia in years to come will mean bumping up against a strained social safety net and ambitious climate transition plans.
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German Magazine Editor Is Fired Over Fake Michael Schumacher Interview
Die Aktuelle promoted an interview as the first with the retired Formula 1 driver since a 2013 accident. But artificial intelligence had generated the responses.
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As U.S. Tries to Isolate China, German Companies Move Closer
Some are expanding in China, reluctant to leave a huge market they need to finance operations back home.
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Once the Prince of Tennis and a Prison Inmate, Boris Becker Starts Again
Becker, who is featured in a new documentary, is beginning a third act after serving eight months in prison. “I’m sort of in late summer, fall of my life,” he said.
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Klaus Teuber, Creator of the Board Game Catan, Dies at 70
He created the strategy game about settling a new land in 1995. Millions of copies have been sold since then, and it’s played all over the world.
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Tesla Sales Jumped in the First Quarter
The New York Times – Business:The electric car company’s decision to slash prices appears to have paid off in reviving demand.
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A Movie Confronts Germany’s Other Genocide
The New York Times – Movies:“Measures of Men” tells the story of the systematic massacre of Herero and Nama people in what is now Namibia. Its maker hopes the film will bring a debate about Germany’s colonial guilt into the center of society.
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Germany and E.U. Agree to Exception in Planned Ban on Combustion Engines
The New York Times – Business:Berlin has been pushing to allow the sale of vehicles running on synthetic fuels past 2035. Its dispute with the E.U. threatened the bloc’s climate goals.
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Germany Pushes for Exception in Law Banning Combustion Engines
The New York Times – Business:Berlin and Brussels are scrambling for a solution after Germany calls for allowing cars to run on synthetic fuels. The move could endanger the E.U.’s climate goals.
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Volkswagen Will Invest $193 Billion in Electric Cars and Software
The New York Times – Business:The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.