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Markets

How Porsche and Mercedes-Benz React to VW’s Drastic Cost-Cutting Measures

9 September 2024 Ella King

Stuttgart – The German automotive industry is facing a critical turning point. Following announcements from Bosch and ZF Friedrichshafen regarding job cuts, Volkswagen (VW) is

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World

McDonald’s Plans Major Expansion in Germany with Over 10,000 New Jobs by 2027

9 September 2024 Ella King

McDonald’s is set to embark on a large-scale expansion in Germany, with plans to create over 10,000 new jobs by 2027. The fast-food chain sees

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Markets

US Chip Manufacturer Loses $279 Billion in One Day

4 September 2024 Ella King

The rapid rise of AI technology companies since the beginning of 2023 has taken a sharp turn as Nvidia experiences a record-breaking drop in value.

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Markets

Chinese EV Manufacturer BYD Circumvents European Tariffs with Turkish Production

10 July 2024 Ella King

BYD, the world’s largest manufacturer of electric vehicles (EVs), has found a way to bypass European tariffs by leveraging Turkey’s strategic position. For Turkish President

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Markets

Siemens Energy Stock News: Siemens Energy Maintains Stable Trend on Monday Morning

17 June 2024 Ella King

On Monday morning, Siemens Energy shares were trading at EUR 23.23 on the XETRA exchange at 09:07, reflecting the same level as the previous day.

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Energy

Record High in Renewable Energy Generation

6 June 2024 Ella King

At the beginning of the year, the share of electricity generated from renewable energy sources in the country climbed to almost 60 percent, reaching an

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Markets

Chery’s Strategic Foundations for the German Market Launch

2 May 2024 Ella King

Chery has been active in Europe for some time, though not yet with new cars. However, the launch is imminent, and European dealers are already

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World

Tesla Slashes Prices in Major Markets Amid Rising Competition and Sales Slump

23 April 2024 Ella King

Tesla has announced significant price reductions in China and Germany following similar cuts in the United States, as the world’s largest electric vehicle manufacturer grapples

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Markets

Strong Bounce Back in US Stock Market After Worst Daily Decline in Months

21 December 2023 Ella King

US stocks bounced back on Thursday following a significant downturn, showcasing a recovery after experiencing one of the worst sell-offs in months across major indexes.

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Markets

Streamlined EV Tax Credits: Dealerships to Offer Instant Rebates in 2024

12 October 2023 Ella King

In a significant shift set to roll out in January, the $7,500 tax credit for electric vehicles (EVs) is undergoing a transformation that could reshape

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