Germany

The euro's 12% fall against the dollar in 2005 has increased the competitiveness of European products overseas, and as a result, German industry witnessed a 5% increase in export... 2006-08-02

The chief executive of Volkswagen Bernd Pischetsrieder is cautious about the carmaker's future despite unveiling better-than-expected results for the second quarter. Volkswagen reported... 2006-07-28

The carmaker DaimlerChrysler has decided to dissolve Smart GmbH after successive attempts to save the loss-making affiliate. As part of a streamlining process, Smart will be integrated... 2006-07-24

The domestic economy expanded by 0.9% in 2005, with domestic consumption effectively moribund. Despite this, new car registrations grew by 1.6%. GDP is set to grow by less than... 2006-07-07

German carmaker Volkswagen has received around 1,000 applications for voluntary retirement or redundancy so far, which according to a company spokesperson has 'exceeded expectations'.... 2006-06-28

German carmaker Volkswagen has increased the buyout offer made to its German staff, in order to reduce its workforce and improve competitiveness. VW is now offering between EUR95,000... 2006-06-01

The expansion of the company has made it one of Europe's largest car manufacturers; with a 20% European market share and a 23.6% share of the German passenger car market (including... 2006-05-15

Germany has 45mn passenger cars and 3.5mn commercial vehicles on its roads, making it the world's third-largest vehicle market after the US and Japan, with a vehicle density of 589... 2006-04-07

German carmaker Volkswagen is facing up to further cost cuts as CEO Bernd Pischetsrieder declares that there is 'no alternative' for his company. This is likely to include 20,000... 2006-03-09