automotive
European car manufacturers said on Monday that the European Union lacks charging points for electric cars and that installation is not keeping pace with vehicle sales. Electric car sales have grown three times faster than the installation of charging points since 2017, according to a report released on Monday by the European Automobile Manufacturers' Association (ACEA). The ACEA said the EU will need to install eight times more charging points every year by 2030. With developed economies like the EU trying to wean themselves off fossil fuels to cut greenhouse gas emissions, the car industry is...
DPA Breaking News
Improved export prospects are lifting the mood in the German automotive industry, according to a monthly survey of industry executives by the ifo Institute for economic research. Ifo's monthly indicator, based on survey responses, rose in March to its highest level since last May, the institute reported on Wednesday. "The German automotive industry now seems to have finally emerged from the economic slump of the second half of 2023 and is looking to the future with more confidence," said ifo researcher Anita Wölfl. Automotive industry executives in particular reported an improved outlook for t...
DPA International
Improved export prospects are lifting the mood in the German automotive industry, according to a monthly survey of industry executives by the ifo Institute for economic research. Ifo's monthly indicator, based on survey responses, rose in March to its highest level since last May, the institute reported on Wednesday. "The German automotive industry now seems to have finally emerged from the economic slump of the second half of 2023 and is looking to the future with more confidence," said ifo researcher Anita Wölfl. Automotive industry executives in particular reported an improved outlook for t...
DPA
Improved export prospects are lifting the mood in the German automotive industry, according to a monthly survey of industry executives by the ifo Institute for economic research. Ifo's monthly indicator, based on survey responses, rose in March to its highest level since last May, the institute reported on Wednesday. "The German automotive industry now seems to have finally emerged from the economic slump of the second half of 2023 and is looking to the future with more confidence," said ifo researcher Anita Wölfl. Automotive industry executives in particular reported an improved outlook for t...
DPA Breaking News
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA International
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA Breaking News
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA Breaking News
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA
A regional court in the southern German city of Munich has to reopen a massive damages case brought by buyers of lorries from across Europe after the European Union fined major manufacturers including Daimler and Volvo/Renault for having colluded on pricing. The Munich Higher Regional Court overturned a judgement handed down three years ago on Thursday, ruling - contrary to the opinion of the lower court - that the lawsuit was admissible. Buyers of trucks had brought the lawsuit after the European Commission found in 2016 that major lorry makers had broken EU antitrust rules. They had "collude...
DPA International
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