The city of Detroit may be bankrupt, but the US auto industry is experiencing a turnaround. That's presenting a challenge for German carmakers trying to expand their market share in the US.
European Union anti-trust regulators have raided more German automakers, days after they made a similar swoop on the offices of BMW. It’s a fresh blow to the country's beleaguered auto industry.
The bloc's anti-trust officials have searched the offices of the premium carmaker this week in a probe investigating BMW and four other German automobile firms for suspected anti-competitive practices.
The EU Commission wants carbon dioxide emissions from cars to be reduced by 30 percent by 2030, it announced on Wednesday. Opposition has been strong, not least from the powerful German car industry.
Detroit was the city that America forgot. But half a century after riots and revolution drove its population away, sinking the city into financial ruin, the famous Motor City is staging a comeback, reports Maya Shwayder.
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