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German IFO Business Climate Index drops to 87.0 in July vs. 88.9 expected

Business
German IFO Business Climate Index missed estimates with 87.0 in July. The IFO Current Economic Assessment Index declined to 87.1 in the reported month. The headline...

Schmitt leaves CVC of German car parts maker Continental –

Automotive

How are German automakers using AI technology in their cars?

Automotive
German automakers, led by Volkswagen and Mercedes-Benz, are transforming cars with advanced AI.Volkswagen’s ChatGPT integration marks a significant AI advancement.Mercedes-Benz’s AI virtual assistant...

Hinduja Tech acquires 100% stake in German auto engineering services company TECOSIM Group

Automotive
CHENNAI: Hinduja Tech (HT), the mobility-focused engineering and R&D subsidiary of Ashok Leyland, has signed a definitive agreement to acquire German automotive engineering...

German Business Expectations Fall, Deepening Rebound Worry

Business
(Bloomberg) -- Germany’s business outlook unexpectedly fell, adding to concerns over the rebound of Europe’s biggest economy.Most Read from BloombergThe Ifo institute’s expectation...

German Business Morale Falls Again

Business
German business confidence unexpectedly weakened in July, a closely-watched survey showed Thursday, as a hoped-for recovery in Europe's...

Porsche scraps electric car targets amid slump in demand

Automotive
Porsche has abandoned its sales targets for electric vehicles (EVs) amid...

German business sentiment unexpectedly darkens in July

Business
German business morale unexpectedly fell in July amid increasing pessimism about the performance of Europe's largest economy, a survey of around 9,000 managers...

German Ifo Business Confidence Deteriorates In July

Business
German economic sentiment declined sharply in July as signs of economic recovery faded, survey data from the ifo Institute showed on Thursday.The...

German automotive parts producer Anton Häring to build factory in northern Romania

Automotive
German automotive parts producer Anton Häring to build factory in northern RomaniaGerman automotive parts supplier Anton Häring is set to build a factory in...

Automotive industry Germany 2024: ifo indicators

Automotive

German business sentiment unexpectedly darkens in July, says Ifo

Business
By Maria MartinezBERLIN (Reuters) -German business morale unexpectedly fell in July, amid increasing pessimism about the performance of Europe’s largest economy, a...
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