automotive
More than 1,000 environmental activists participated in a protest march against the Tesla electric car factory outside Berlin on Saturday, according to the police, following clashes and arrests the previous day. Police also reported isolated clashes between participants and officers on Saturday and pyrotechnics were also set off, a spokesman said. Overall, however, the march had largely passed off peacefully, it said. The police did not initially provide any information about possible injuries or arrests. The demonstrators headed from a nearby railway station to US tech billionaire Elon Musk's...
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Activists protesting against an expansion of Tesla's electric car factory near Berlin said they want to warn of dangers to the environment, but also criticized other car manufacturers at a press conference on Saturday. "It doesn't matter if it's Tesla, VW or Mercedes - car companies and their political supporters are responsible for selling out our lifeblood," said the spokeswoman of the Disrupt Tesla group, Lucia Mende, ahead of a planned demonstration. "We must prevent this and we will prevent it," she added. A citizens' initiative in Grünheide, where US tech billionaire Elon Musk has built ...
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Local police were braced on Saturday for further protests at the Tesla factory site in Grünheide near Berlin, following violent clashes the previous day. "We are sensitized," said a police spokesman. The situation had been calm during the night and in the morning, he added. A citizens' alliance is planning a protest march from a nearby railway station to the Tesla factory in the afternoon. According to the police, the local A10 motorway junction has been closed in both directions. The police advised drivers to widely avoid the area. On Friday, there were repeated clashes between protesters and...
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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...
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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...
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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...
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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...
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Germany's powerful IG Metall trade union has failed to increase its influence at Tesla's German factory outside Berlin, the company said late on Wednesday following works council elections this week. Works councils play an important role in German firms, representing the interests of employees by ensuring that laws and collective agreements are observed, that there is no discrimination during hiring and promotion, and that employees' views on improving the workplace are implemented. The workforce selects from lists of candidates, some of whom can have the backing of trade unions. In the vote a...
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Germany's powerful IG Metall trade union has failed to increase its influence at Tesla's German factory outside Berlin, the company said late on Wednesday following works council elections this week. Works councils play an important role in German firms, representing the interests of employees by ensuring that laws and collective agreements are observed, that there is no discrimination during hiring and promotion, and that employees' views on improving the workplace are implemented. The workforce selects from lists of candidates, some of whom can have the backing of trade unions. In the vote a...
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Automotive suppliers in Germany are finding it more difficult to obtain bank loans. This was revealed by a survey of 74 suppliers conducted by the consultancy firm Oliver Wyman and the German Association of the Automotive Industry (VDA), the results of which were published in the German newspaper Welt am Sonntag. According to the survey, two thirds of the companies stated that it had become more difficult to obtain bank financing over the past three years. In addition to higher interest rates, the banks also demanded more collateral or shorter terms. The rise in financing costs is hitting comp...
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