Volkswagen

83% of German respondents think the German economy is bad or worsening, according to a new Deutschlandtrend poll for public broadcaster ARD.

Germany's economy unexpectedly grew in the third quarter, avoiding a technical recession, federal statistics office Destatis reported Wednesday.

Gross domestic product expanded 0.2 percent quarter-on-quarter, Destatis said, on the back of rising government spending and household consumption.

Sponsored Content

For those of us who own cars, it’s hard to part with them, no matter where we go. In short, a car is an integral part of our daily lives, not only for transportation but also for vacations, entertainment, and leisure. This likely stems from the sense of freedom and independence a car provides.

Last week in Brussels, unions stood with workers at Audi’s factory in Belgium, protesting the company’s plan to close the electric vehicle plant that once began there as a model of technology and modernity.

Outside an Audi factory in Brussels described by the German carmaker as the "cradle" of its electric drive, around 200 picketing workers huddled around a bonfire in the morning drizzle.

The firm is considering closing the plant, a move that analysts say is symptomatic of the troubles afflicting Europe's wider electric car industry, amid low demand and competition from China.

The 88th Thessaloniki International Fair got off to a strong start on Saturday, with people flocking to the stands and participating in the varied events program.

Besides the main fair, visitors are treated to music shows and even a drone show that has replaced fireworks this year.

Could the closure of two Volkswagen plants trigger a domino effect that will hit the already weakened governing coalition under Olaf Scholz?

The combined sales of passenger cars and light commercial vehicles grew by 0.8 percent year-on-year in August to 90,134, according to data from the Automotive Distributors' and Mobility Association (ODMD) on Sept. 3.

Electromobility Research

After a prolonged period of accelerated growth, the electric car market appears to be slowing down. Sales growth rates are decreasing, as shown by statistics in a multitude of countries worldwide, except China, which is a world of its own.

Electric carmakers are adjusting the engine powers of their vehicles so that consumers pay lower taxes, which serves as a kind of incentive to buy EVs.

In the past, carmakers resorted to a similar method to boost sales. They designed 1.5-liter or 1.6-liter engines, especially for the Turkish market which would fit into lower tax brackets and made those vehicles more accessible.