Monday, shares of Volkswagen AG (VOW:GR) (OTC: OTC:VWAGY), currently valued at $53.42 billion, remained in focus as Citi analysts reiterated their Buy rating and EUR125.00 price target. Trading at an attractive P/E ratio of 4.
Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in the historic home base of the crisis-hit auto titan Volkswagen.
German Chancellor Olaf Scholz is under mounting pressure ahead of next month's snap election as the country's economy shrinks for a second year in a row.
The frontrunner to become Germany’s chancellor has warned companies about the “great risk” of investing in China, saying the state under his leadership would not help them if such bets failed.
Chancellor Olaf Scholz on Friday laid out his vision to revitalise Germany's ailing economy at a campaign event in the historic home base of crisis-hit auto titan Volkswagen. In front of a crowd of supporters, Scholz defended his government's record on the ...
The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering few alternatives.
Friedrich Merz, the conservative front-runner in the race to be Germany’s next chancellor, warned domestic companies against making bigger investments in China.Most Read from BloombergWhat Happened to Hanging Out on the Street?
In Luedenscheid, a town in Germany's Ruhr industrial heartland, the mood is glum after autoparts-maker Gerhardi filed for bankruptcy in November, threatening its 1,500 employees with redundancy. Germany's flagship auto industry has been hit hard.
Donald Trump's return to the White House has darkened the mood in Germany a month before elections, as multiple crises shake the foundations on which Europe's biggest economy built its post-war prosperity.
LUDENSCHEID: Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the sector's woes have spa
Persistent inflation, rising borrowing costs, and tempered enthusiasm for electric vehicles are pushing Europe’s car market into a difficult era.
The Ifo Institute's business-climate index rose to 85.1 in January from 84.7 in December, a little better than expected by economists polled by The Wall Street Journal. December's result was the lowest point since May 2020, when pandemic restrictions severely curtailed economic activity.