While Mercedes has had good union relations with its German workforce, the employees elect half of the supervisory board members. Heavily unionized workforces tend to limit profit because of wage ...
The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for ...
Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...
Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...
GERMAN Economy Minister Robert Habeck floated the idea of additional support for the country’s carmakers, and will discuss ...
Markets bid stocks up to all-time highs when the Federal Reserve cut interest rates by 50 bps. This is 25 bps higher than ...
After a strong July, the South African automotive sector experienced a period of consolidation in August 2024, with moderate improvements in both new and used car sales. While new car sales increased ...
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