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Melissa Eddy
Posts
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…
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…
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.
Severing of Baltic Sea Cables Was ‘Sabotage,’ Germany Says
Germany’s defense minister said damage to two fiber-optic cables on the sea floor appeared deliberate, but a culprit was not known.
Why Germany Is Resisting UniCredit’s Takeover of Commerzbank
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.
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…
Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to to protect Europe’s automotive sector, but they could escalate a trade war with China.
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.
Chinese Automakers Show Force at Paris Auto Show
Weeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.
Tesla Loses Court Battle in Swedish Labor Dispute
A district court ruled that Sweden’s constitution prevented it from taking a side in a labor dispute between Tesla and local unions that has dragged…
