Außenminister Wadephul will in Indonesien für mehr deutsche Investitionen werben. Dort steht man europäischem Engagement noch eher kritisch gegenüber. Dabei könnte das Land Schlüsselpartner bei der Diversifizierung der deutschen Wirtschaft sein.
By Marcel Grzanna and Sara Sievert
German Foreign Minister Wadephul wants to campaign in Indonesia for more German investment. The country still tends to be critical of European involvement. Yet it could be a key partner in diversifying the German economy.
By Marcel Grzanna and Sara Sievert
The next strategic dialogue on the future of the automotive industry is expected only after the summer break. Before then, manufacturers must agree on a position regarding fleet emissions targets. The Commission is considering granting them subsidies to cover operating costs in battery cell production.
By Markus Grabitz
The rollout of gasoline with a higher share of bioethanol is gaining momentum. A standard for E20 fuel could be ready as early as January. Three CDU members of the European Parliament are calling on the Commission to pave the way legislatively.
By Markus Grabitz
Donald Trump hosted the CEOs of BMW and Mercedes at the White House – even before meeting with European Commission President Ursula von der Leyen. During the meeting, the car executives proposed multi-billion euro investments in the US to reverse the auto tariffs.
By Markus Grabitz
Top managers from companies all over the world, including Germany, are represented at the China Development Forum. Selected participants will meet Xi Jinping there.
By Emily Kossak
The rating agency downgraded Volkswagen. Meanwhile, the company plans to launch eight new models in cooperation with its Chinese partner in 2026.
By Emily Kossak
Car manufacturers do not have to comply with the stricter carbon fleet limits as early as 2025. However, if they do meet them, they will have to do even better in the following years. The Commission wants to make this proposal this month in order to avert fines of up to €16 billion for failing to meet climate targets.
By Markus Grabitz
As part of its billion-euro cost-cutting program, Mercedes-Benz plans to cut its personnel costs by a quarter by 2027 and also cut numerous jobs in China.
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The car manufacturer Mercedes-Benz is joining a lawsuit filed by its Chinese joint venture partner Geely against the EU's punitive tariffs on electric vehicles from China. Tesla and BMW are also suing.
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