BMW to cut several thousand jobs in latest blow to German auto sector
BERLIN, July 29 (Reuters) – BMW (BMWG.DE), opens new tab said on Wednesday it will cut several thousand…
Mercedes-Benz expands Hungarian factory in efficiency drive
Investment to boost annual capacity to 350,000 carsKecskemet will host largest Mercedes-Benz factory in EuropeHungarian employment costs still…
Germany says it wants to prevent Volkswagen plant closures
BERLIN, June 29 (Reuters) – The German government aims to prevent domestic plant closures at Volkswagen , Europe’s…
BMW shares sink after profit warning highlights China and Iran risk
BMW cuts target range for core marginBlames weak Chinese market, Middle Eastern pressuresBMW will intensify cost-cuttingBERLIN, June 17…
Bayer hopes to speed up biofuel feedstock plan amid Iran war energy crunch
LONDON, June 10 (Reuters) – Bayer (BAYGn.DE), opens new tab is hoping to speed up a plan to…
Mercedes launches mass production of electric motor for high-performance AMG brand
Item 1 of 6 Mercedes-Benz Group AG Supervisory Board member Michael Schiebe delivers a speech at the presentation…
BASF raises some prices by up to 30% due to higher materials, energy costs
BERLIN, March 18 (Reuters) – Germany’s BASF (BASFn.DE), opens new tab is raising prices at its home care,…
Thyssenkrupp Nucera trims full-year outlook citing costs related to green hydrogen segment
March 17 (Reuters) – German electrolysis equipment maker Thyssenkrupp Nucera (NCH2.DE), opens new tab lowered its full-year outlook…
Exclusive: Russia to halt Kazakhstan’s oil flows to Germany via Druzhba, sources say
Item 1 of 2 A view shows a fire extinguisher at an oil pumping station of Druzhba pipeline,…