Europe’s Largest Mercedes-Benz Factory Opens in Kecskemét

Mercedes-Benz: A Big Yield, A Low Multiple, And A Tough Auto Cycle

Mercedes-Benz: A Big Yield, A Low Multiple, And A Tough Auto Cycle

Volkswagen considering selling Chinese-developed models in Europe - report

Volkswagen could flesh out its European range with models developed by its Chinese partners.

Marksans Pharma acquires German OTC distributor ABCnow GmbH for €892,384

The acquisition gives Marksans direct front-end sales and distribution infrastructure in Germany, which will be used for marketing products manufactured across its India, UK, and US facilities

German politicians duped into thinking a new subsidy scheme only benefits Chinese electric vehicles

A previous German electric vehicle subsidy scheme massively benefited Volkswagen, which had invested heavily in expensive cars that only the rich could afford. Now it's set to cut 100,000 jobs and close four factories in Germany.

Volkswagen is planning to cut its model lineup by up to 50% and shrink production capacity

The German automaker will concentrate on the most attractive market segments as it targets 9 million vehicles per year in capacity

Der Spiegel: VW to shut down production at four German factories

Der Spiegel: VW to shut down production at four German factories

Tackling historic crisis, Volkswagen to cut capacity, model lineup

Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe's largest automaker considers a far-reaching overhaul that sources say could co...

German Bitcoin Transfers Put Fresh Pressure On Market As BKA Wallets Hit Exchanges

Germany’s seized Bitcoin stash is back at the centre of the market conversation after wallets linked to the country’s Federal Criminal Police Office moved another large tranche of BTC toward major exchanges. TL;DR This article was written b

German Industry Grows More Than Expected on Auto Sector

German industrial production grew for a second month, another sign that Europe’s largest economy is exiting the drag from the Iran war.

Uber quietly pauses 5 of 7 European food-delivery launches as it chases Delivery Hero

Five months ago, Uber promised to storm five new European countries with its food-delivery app. It just quietly hit the brakes, and the reason looks a lot like a 10bn takeover. Uber has paused five of its seven planned 2026 European launches, the Financial Times reported. Uber announced the push in February, targeting Austria, Norway, [] This story continues at The Next Web

Volkswagen to slash model lineup and shrink capacity, no job cuts announced

Volkswagen’s management plans to drastically reduce its model lineup and further cut capacity, although the German auto giant stopped short of announcing sweeping job cuts following tense stakeholder talks. Europe’s largest automaker on Thursday said the model lineup will be gradually cut by up to half over the coming years as it concentrates on the []...Click to read more

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

Volkswagen's board met Thursday to vote on 100,000 job cuts and four German plant closures, the largest contraction in postwar German history. IG Metall and works council jointly called it an attack on Germany's social peace, with Lower Saxony's blocking vote threatening to upend the plan.

EU imports record volume of gas from Yamal LNG plant in 2026 — FT

According to the analysts, the main buyers were France, Belgium, and Spain

Xpeng-co-developed Volkswagen ID. Unyx 09 sports sedan exposed with 496 hp and CATL battery

The upcoming Volkswagen ID. Unyx 09 fastback sedan, co-developed with Xpeng, breaks cover in MIIT Batch 409 with a 496 hp dual-motor setup and CATL batteries. The post Xpeng-co-developed Volkswagen ID. Unyx 09 sports sedan exposed with 496 hp and CATL battery appeared first on CarNewsChina.com.

Europe Putting Real Money--and Industry--Behind Nato

Europe Putting Real Money--and Industry--Behind Nato

Volkswagen Warns It May Need to Cut 50,000 More Jobs

German automaker seeking to cut costs amid growing competition from China.

Bayer raises $3.4B by selling minority stake in contraceptives business to Apollo

- German company to retain majority ownership and full operational control

Germany to hit its industry with more energy tariffs

German manufacturers could be forced to pay millions of euros per year to build a strategic natural gas reserve Read Full Article at RT.com

Algeria’s Sonatrach Exports First LNG Cargo to Germany

Algeria’s state-owned energy company Sonatrach has exported its first liquefied natural gas (LNG) cargo to Germany, according to the company’s press release on July 8. The shipment was delivered on July 2, 2026, to the Wilhelmshaven 1 floating storage and regasification unit (FSRU) in Germany. The LNG cargo was loaded at the GL2Z liquefaction complex [] The post Algeria’s Sonatrach Exports First LNG Cargo to Germany first appeared on Egypt Oil Gas.

AGMC BMW Celebrates 50 Years with Dubai Debut of the All-New BMW iX3 at the Museum of the Future

AGMC BMW, the official importer of BMW in Dubai, Sharjah and the Northern Emirates, celebrated today its 50-year partnership with BMW by unveiling the all-new BMW iX3 at an exclusive customer event held at Dubai’s Museum of the Future. As the first production model built on BMW’s revolutionary Neue Klasse architecture, the BMW iX3 marks [] The post AGMC BMW Celebrates 50 Years with Dubai Debut of the All-New BMW iX3 at the Museum of the Future appeared first on Middle East News 247.

Unions protest in Germany as Volkswagen pitches job cuts and plant closures

German auto giant Volkswagen's management are set to meet on Thursday to thrash out plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest any mass job cuts.

Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports

Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports

BMW recalls nearly 11,000 cars in SA: These are the affected models

BMW recalls nearly 11,000 cars in SA: These are the affected models

Shell delivers LNG cargo to Greece’s Alexandroupolis terminal for Bulgargaz

Shell delivers LNG cargo to Greece’s Alexandroupolis terminal for Bulgargaz

Where Will TJX Companies' Stock Be in 1 Year?

Is there still upside for stock investors?

Uber’s European expansion plans may have hit a speed bump

Back in February, Uber announced ambitious plans to launch in seven new European markets in 2026 — but now five of those launches are reportedly on hold.

Qatari wealth fund vetoes Volkswagen plan to build missiles for Israel

Germany is seeking to shift part of its dwindling manufacturing base toward weapons production in preparation for a future war with Russia

Uber Suspends European Food Delivery Expansion as Delivery Hero Takeover Continues

Uber suspended most of its planned expansion of food delivery services across Europe only months after unveiling the initiative, as the U.S. technology company sharpens its focus on a proposed acquisition of German food delivery platform Delivery Hero.

CMA CGM set to overtake Maersk next year

CMA CGM is on course to overtake Maersk as the world’s second-largest containerline by the end of 2027. Speaking to French business daily Les Echos last week, CMA CGM chairman and chief executive Rodolphe Saadé said the Marseille-headquartered carrier is on track to move past its Danish rival within the next 18 months. The end-2027

German industrial orders rebounded in May

GERMANY: Industrial orders increased in May, fuelling hopes of at least a gradual recovery in German industry

EU ramps up Russia's Yamal LNG purchases as import ban nears

Between January and June, EU countries paid an estimated 5.96 billion euros (6.82 billion) for Yamal LNG cargoes, the NGO Urgewald reported.