Germany’s normally stable government has collapsed. Here’s why
It faces competition from China in the manufacturing of some of its main exports, which has delivered high-profile damage to Germany’s famous automobile industry. Volkswagen, Germany’s largest manufacturer, is considering factory closures in its home ...
Germany’s Coalition Collapses, Leaving the Government Teetering
After months of disputes, Chancellor Olaf Scholz ousted one of his governing partners, adding to the challenges for Europe since Donald Trump’s election.
Germany’s Government Collapsed — What’s Next
Germany’s ruling coalition led by Chancellor Olaf Scholz imploded after months of infighting between his center-left Social Democrats, the climate-focused Greens and the pro-business Free Democrats.
Germany’s Fractious Government Collapses
German Chancellor Olaf Scholz dismissed a pro-business party from his governing coalition, ending a three-year alliance marked by increasing internal dissent and political stasis.
Why has the German government collapsed?
Germany’s coalition government has collapsed, a victim of the country's stagnant economy and infighting among the coalition partners. Chancellor Olaf Scholz said Thursday he will "lead the country with a minority government,
How the German government's collapse impacts the EU
The German government's collapse, which came just hours after US President Donald Trump was elected for a second time, has sent shockwaves throughout Europe. But what does it mean for the rest of the EU?
Volkswagen’s $4.3 billion cost-cutting plan threatens German legacy
Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...
Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs
Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and cut salaries in response to ...
The Associated Press - Business News on MSN7h
Germany’s economy is in trouble. The government’s collapse and Trump’s return bring more risk
The collapse of Germany’s governing coalition and President-elect Donald Trump’s imminent return to the White House are ...
Why is Volkswagen so important for Germany?
The crisis around Volkswagen hits at the very heart of German engineering excellence. It's hard to be more German than ...
Parts supplier cuts thousands of jobs as Germany's auto woes deepen
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days after union officials warned ...
CNN on MSN12h
Goldman Sachs slashes growth forecasts for Germany, UK and wider Europe on Trump win
President-elect Donald Trump’s proposed protectionist policies, including hefty tariffs, will hurt Europe’s economic standing ...
Volkswagen Recalls Over 114,000 Vehicles in US Over Airbag Explosion Risk
The National Highway Traffic Safety Administration announced Volkswagen is recalling vehicles due to airbag concerns.
The Associated Press - Business News on MSN10d
Volkswagen’s employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least ...
Autoblog on MSN6d
Volkswagen’s sweeping cuts devastate workforce with layoffs, pay reductions, and plant closures
If Volkswagen follows through with its plan, it would be the first time that the company has closed a factory in Germany.
The Economist7d
Volkswagen’s woes illustrate Germany’s creeping deindustrialisation
T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...