automotive
Improved export prospects are lifting the mood in the German automotive industry, according to a monthly survey of industry executives by the ifo Institute for economic research. Ifo's monthly indicator, based on survey responses, rose in March to its highest level since last May, the institute reported on Wednesday. "The German automotive industry now seems to have finally emerged from the economic slump of the second half of 2023 and is looking to the future with more confidence," said ifo researcher Anita Wölfl. Automotive industry executives in particular reported an improved outlook for t...
DPA International
Improved export prospects are lifting the mood in the German automotive industry, according to a monthly survey of industry executives by the ifo Institute for economic research. Ifo's monthly indicator, based on survey responses, rose in March to its highest level since last May, the institute reported on Wednesday. "The German automotive industry now seems to have finally emerged from the economic slump of the second half of 2023 and is looking to the future with more confidence," said ifo researcher Anita Wölfl. Automotive industry executives in particular reported an improved outlook for t...
DPA
Improved export prospects are lifting the mood in the German automotive industry, according to a monthly survey of industry executives by the ifo Institute for economic research. Ifo's monthly indicator, based on survey responses, rose in March to its highest level since last May, the institute reported on Wednesday. "The German automotive industry now seems to have finally emerged from the economic slump of the second half of 2023 and is looking to the future with more confidence," said ifo researcher Anita Wölfl. Automotive industry executives in particular reported an improved outlook for t...
DPA Breaking News
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA International
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA Breaking News
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA Breaking News
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA International
Germany's powerful IG Metall trade union has failed to increase its influence at Tesla's German factory outside Berlin, the company said late on Wednesday following works council elections this week. Works councils play an important role in German firms, representing the interests of employees by ensuring that laws and collective agreements are observed, that there is no discrimination during hiring and promotion, and that employees' views on improving the workplace are implemented. The workforce selects from lists of candidates, some of whom can have the backing of trade unions. In the vote a...
DPA International
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