Germany

German sports car manufacturer Porsche is edging closer towards acquiring German auto maker Volkswagen (VW), after the European Commission (EC) gave approval for the proposed takeover.... 2008-07-25

German auto parts supplier Continental has rejected smaller company rival Schaeffler's takeover bid, worth some EUR11.2bn (US$17.9bn), stating that the offer was undervalued. Continental's... 2008-07-17

Strong engineering has so far won German carmakers a good reputation for making high-end cars. However, carmakers feel they are lagging in terms of their contribution to environmentally... 2008-07-15

Mercedes' parent company Daimler has announced the opening of a new development and test centre (EVZ) for Mercedes trucks in Worth, Germany. At the inauguration of the new centre,... 2008-06-20

The battle for veto now seems to be on hold for some time as German sports car maker Porsche increases its stake in Europe's largest automaker Volkswagen (VW). Porsche has announced... 2008-06-19

German carmakers have been finding it difficult to maintain their earnings owing to rising raw material prices, particularly steel. At a recent steel conference in Wiesbaden, the... 2008-06-03

Leading carmakers Volkswagen (VW) and Renault-Nissan have separately announced their commitment towards energy efficient vehicles. Where VW announced its joint venture with Sanyo... 2008-05-30