German luxury automaker Daimler on
Friday said it would slash at least 10,000 jobs worldwide in a major cost-cutting drive to help finance the switch to electric cars.
German car maker Mercedes has given robots at its factory some tough news - they’ve become redundant in the modern world and will be replaced by more flexible humans.
Volkswagen CEO Martin Winterkorn has dodged a broadside from company chairman Ferdinand Piech which many thought would unseat him from the troubled car maker. Instead, the steering committee has offered him an extension to his contract.
Its chuntering motor and belching exhaust once heralded the coming of the communist utopia. Now the east German 'Trabi' is leading a new revolution, and this time you won't hear it coming.
A US auto parts supplier has become the latest company to plead guilty to fixing prices of parts sold to German automakers following an international probe, US prosecutors said on Monday.