EU countries began Friday to discuss a compromise on new emission standards for passenger cars. But Germany's luxury automakers are worried - and Chancellor Angela Merkel has asked for a delay.
BMW is following in the footsteps of its German rivals like Mercedes and Audi by investing a billion euros in a new plant in Hungary. The Central European country has become an attractive location for German carmakers.
German business confidence dipped to its lowest level since March last year amid worries about the outlook for Europe's biggest economy and the threat of an accelerating global trade conflict.
Germany's environment ministry wants to halve CO2 emissions levels for new vehicles by 2030 - more than the EU's goal. The auto sector is already alarmed by a new EU exhaust test due in September.
In what is viewed as a major win for German consumers in the wake of the diesel emissions scandal rocking the nation’s mighty auto industry, the German parliament has passed legislation enabling class-action lawsuits.
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