German industry has for years called out high energy prices and poor economic policies for making them uncompetitive. A coalition of SMEs is now saying enough is enough.

By bno - Taipei Bureau Volkswagen is considering allowing Chinese carmakers to take over its surplus production lines in Europe as it faces declining demand and increasing competition from the same companies looking to expand their presence in the region.

For all its talk of radical change, Volkswagen’s (VOWG_p.DE) cost-cutting deal in Germany relies heavily on the automaker’s tradition of cooperation between managers and workers, according to details disclosed by company sources.

Volkswagen is prepared to let Chinese electric carmakers take over production lines in its struggling factories as Germany’s automotive industry is struck by a downturn.

The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering few alternatives.

Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the country, its CFO Arno Antlitz said on the sidelines of the World Economic Forum (WEF) in Davos,

Volkswagen, unions struck cost-cutting deal before Christmas Factories must meet yearly cost reduction targets New investments contingent on hitting interim milestones Questions remain how ...

BERLIN (Reuters) - For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers ...

Volkswagen ( OTCPK:VLKAF) ( OTCPK:VWAGY) has discussed with Chinese partners such as SAIC, FAW Group, JAC Motors, and XPeng ( NYSE: XPEV) the possibility of the companies investing in plants in Germany, according to Chief Executive Oliver Blume.

In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens Ulbrich, chief economist at the Bundesbank, Germany’s central bank. Back then,

The Czech Republic, also known as Czechia, has built its post-Cold War economy in the same way Germany did post-reunification: with a focus on industry. Manufacturing as a share of GDP has hovered above 20% in the country for the last 30 years, joining Germany in bucking the Western trend of deindustrialization.