German auto manufacturer BMW said Wednesday its profits dipped in the second quarter as supply bottlenecks and Chinese lockdowns knocked production.
The soaring cost of energy and the threat that Russia could cut gas supplies to Germany risks worsening beer makers’ post-coronavirus hangover, the German Brewers Federation said Monday.
Volkswagen unexpectedly announced Friday that its CEO Herbert Diess will step down in a few weeks after four years at the head of the German auto giant as it attempts an ambitious shift towards electric vehicles.
German national carrier Lufthansa said Thursday it was cancelling hundreds of flights during the summer holidays because of staff shortages as the industry attempts to
German carmaker Mercedes-Benz is recalling nearly one million older vehicles worldwide due to a potential problem with the braking system, the federal transport authority (KBA)
German automaker BMW said Thursday that strong demand for its premium brands enabled it to lift profits in the first quarter even though supply chain
US-European carmaker Stellantis said Tuesday it had agreed to purchase Share Now, a joint venture between German giants BMW and Mercedes, advancing its aim to
German investigators on Tuesday raided the Frankfurt offices of US bank Morgan Stanley in a probe related to “cum-ex” fraud schemes that cost European governments
German automaker Mercedes-Benz said Wednesday that higher sales prices enabled it to lift its bottom line slightly in the first three months of the year,
German vaccine-maker BioNTech on Wednesday reported a multi-billion-euro windfall in 2021 from sales of its anti-coronavirus jab, developed together with US pharmaceutical giant Pfizer. Mainz-based
