Xiaomi targets Europe’s luxury cars
Xiaomi has rapidly shaken up the electric vehicle (EV) market by launching an exclusive personalized service for its high-end cars, directly targeting the affluent clientele [more…]
Category: Germany
Beiersdorf faces Swiss inquiry on Nivea pricing
Swiss competition authorities have opened an investigation into German consumer goods giant Beiersdorf, the maker of Nivea, following allegations that it has abused its market [more…]
Scania acquires Northvolt’s industrial division amid bankruptcy
In a significant development for Europe’s electrification landscape, Volkswagen’s truck-manufacturing subsidiary, Scania, has acquired the industrial division of Northvolt, a Swedish battery maker that recently [more…]
Nike and global sports brands brace for U.S. tariff impact
Nike could soon face another challenge in its ongoing efforts to rejuvenate its brand and regain lost momentum in sales—potential U.S. tariffs on imports from [more…]
Maserati cancels electric MC20 amid weak demand
Your support powers our stories Maserati has decided to halt its plans for an all-electric MC20 Folgore, citing limited demand for battery-powered supercars among its [more…]
DHL announces 8,000 job cuts in Germany to cut costs
Your support powers our stories Germany’s DHL is set to cut 8,000 jobs in its home market this year, marking its most significant workforce reduction [more…]
Honda and Nissan unite to stay competitive
Honda and Nissan are facing mounting challenges as their global sales either stagnated or declined in 2024, highlighting the urgent need for strategic collaboration. Honda’s [more…]
Air Baltic overhauls board and secures new wet-lease extension
In a surprise announcement, the entire supervisory board of Latvian airline Air Baltic has decided to step down, clearing the runway for a new phase [more…]
Tesla, Volkswagen, and Toyota drive Norway’s electric takeover
Norway’s EV Revolution: A Nation Unplugging from Fossil Fuels In a quiet Nordic coup against the combustion engine, Norway has sped into the electric future [more…]
Volocopter’s skyward dreams stalled by insolvency
Air Taxi Dreams Grounded as Volocopter Hits Financial Turbulence Once soaring on the wings of investor confidence, air taxi pioneer Volocopter has hit a devastating [more…]
