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German automakers have uphill struggle to go green
As Germany speeds up investment in renewables, the energy consumption of its automakers reveals just how reliant the country’s most important industry is on fossil fuels, a Reuters analysis of environmental data shows.
Government issues plan to increase renewable energy use
Government will synchronously develop factors of a competitive and transparent energy market in accordance with the socialist-oriented market economy; ensure sustainable development of energy sub-sectors.
Tesla's Texas push puts German plant on back burner
Employees, who have been retained throughout the suspension, will be offered assistance for re-employment, retraining and wellbeing, Toyota has confirmed, adding that they will all be given redundancy payouts. It didn’t confirm how many people were affected.
Mercedes looks at options to replace Russian gas
The automaker has produced extra parts made at its foundries in Untertuerkheim, which go into gearboxes, axles and transmission components to build up stockpiles at plants in the U.S. and China.
VW may shift output from Germany over gas shortage
Volkswagen Group could shift production out of Germany and eastern Europe if a shortage of natural gas persists, the latest sign that the energy crisis unleashed by Russia’s invasion of Ukraine threatens to shake up Europe’s industrial landscape.
