A man from North Rhine-Westphalia bought Chancellor Angela Merkel’s first “west car” for slightly more than €10,000, after an initial auction produced too many ridiculous bids and was cancelled, the <i>Bild</i> newspaper reported Monday.
Volkswagen bowed to European Union pressure on Monday and delayed its bid to take effective control of the board of truckmaker MAN amid EU antitrust concerns.
German auto group Daimler and Britain's Rolls-Royce said Monday they had succeeded in a takeover of motor and turbine maker Tognum, having acquired 59.87 percent of its shares.
In a sign of the soaring fortunes of the auto industry, BMW is paying a hefty bonus to its workers after a two-year break in profit-sharing, the company announced on Thursday.
<b>The long wait at the many unnecessary traffic lights in Germany may soon be over. Communities nationwide are exploring the use of alternative traffic control systems, such as roundabouts and zebra stripes, to resolve the traffic light's growing issues of expense and safety.</b>
The world's leading luxury car maker, BMW, said on Friday it will invest €400 million by 2013 to produce an electric car as German manufacturers try to catch up with global rivals.
Berlin police have impounded an “ancient” Latvian tour bus they found creaking along the streets of the capital with a whopping 1.8 million kilometres on the odometer, they announced Wednesday.
German auto giant Daimler said Tuesday it returned to profit in the first quarter, raising its full-year forecast on the back of strong Mercedes sales.
German automaker Daimler pleaded guilty to US charges of bribery and agreed to pay €136 million to settle the affair, the US government said overnight Friday.
Europe's biggest car maker, Volkswagen, announced on Tuesday a long-awaited capital increase aimed at ensuring strong credit ratings as VW takes over the luxury sports car maker Porsche.
In an apparent gesture of goodwill to placate jilted Germany, Opel parent General Motors is to move its European headquarters from Switzerland to the German city of RĂĽsselsheim, the firm announced Saturday.
Volkswagen, the biggest European carmaker, said on Wednesday it would hold a special board meeting next week coinciding with a meeting by its main shareholder, Porsche, in a context of restructuring talk.
Despite some more optimistic data for the German economy recently, Frank Bsirske, head of the service industries trade union Verdi, has warned of mass job losses in the autumn.
Volkswagen on Friday said that a severe hailstorm last weekend damaged a significant number of the 30,000 new cars at its plant in the northwestern German city of Emden.
A German woman who turned a Porsche test drive into a five-day joy ride will pay a €2,500 ($3,853) fine for fraud, a Cologne court decided on Friday.
France and Germany are close to an agreement on reducing carbon dioxide emissions from cars, as part of broader EU goals to cut down on greenhouse gases, according to a German government source.
