Focus on German Companies in Crisis: The German economy appears healthy, but a number of major companies are warning of cracks beginning to show. Volkswagen and Deutsche Bank are struggling to keep up their images.
A pre-election poll suggests Germans have fallen out of love with their diesel cars, and the politicians who let "dieselgate" unfold right under their noses. "Made in Germany" no longer means what it once did.
Two years of leaks about emissions cheating and pollution fears have damaged Germany's standing as the world leader in car production. But analysts think the scandal could have surprising positives for the industry.
German carmakers risk falling behind when it comes to electric vehicle technology, chancellor candidate Martin Schulz has warned. The SPD leader said carmakers they can no longer afford to be "arrogant."
A Volkswagen (VW) manager, currently jailed in connection with the German automaker's emissions scandal in the United States, has pleaded guilty in a Detroit courtroom, hoping for lesser punishment.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version