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Melissa Eddy
Posts
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Porsche Is No Longer a ‘Premium’ Sports Car in China
Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German automakers.
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Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics
The U.S. electric car company’s sales are sliding across Europe, amid what many see as interference in local affairs by Tesla’s chief executive, Elon Musk.
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Trump Wants to Know Why U.S. Cars Are Rare in Germany. Here Are a Few Reasons.
German cars are popular in the United States, but U.S. cars are not as prevalent on German roads. One reason: tiny European streets and parking...
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Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.
Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending.
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Volkswagen Reaches Labor Deal, Avoiding Germany Plant Closures
The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.
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Volkswagen Unions Begin Short Strikes and Threaten More
Workers at nine of the automaker’s German factories walked off their jobs for several hours, and warned they would escalate the action if their demands...
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Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe...
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Why Germany’s Economy, Once a Leader in Europe, Is Now in Crisis
The country is facing a second year of zero growth, with industry leaders gloomy and worried about potential tariffs from President-elect Donald Trump.
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Volkswagen Profit Shrinks as Unions Threaten Strike
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over...
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For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.