Speaking Of The German Automobile Industry

And German industry in general. They couldn’t laugh off Tesla. Now the punches are coming in hot and heavy.

DaimlerAuto

German Industrial Job Losses Top 80,000 With Daimler Cuts – Germany’s economy may have narrowly avoided a recession, but the pressure on the country’s industry shows no sign of abating.

Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000, according to Bloomberg calculations.

Companies from Volkswagen AG to Siemens AG are letting workers go as Germany’s powerful automotive industry struggles with a shift toward electrification and self-driving cars, and makers of machinery and robots are hit by slower exports and trade disputes. Makers of well-known German products such as Meissen porcelain and WMF kitchenware are also trimming their workforce.

Germans Are Green-Minded?

Yeah, I guess. Unless it has to do with their cars.

Because when it comes to the numerous environmental and other crimes committed by VW, BMW, Mercedes & Co. (Dieselgate is just the tip of the iceberg), German car owners just don’t care. These companies could march into to Poland and nobody would say anything.

BMW

Germans are fastidious about separating trash into different recycling bins and have spent untold billions on the so-called Energiewende, the transition from nuclear and fossil-burning fuels for electricity generation to renewable sources.

Just don’t mess with their cars. It may be a cliché that Germans are obsessed with their four-wheeled companions, but that doesn’t make any less true. While all other major sources of greenhouse gas emissions, from households to industry, have seen declines since 1990, transport emissions, which account for 20 percent of the total, have increased.

Die Europäische Kommission lässt bei ihren Kartell-Ermittlungen gegen BMW, Daimler und Volkswagen nicht locker. Die Behörde werde in einer förmlichen Prüfung untersuchen‚ ob die Konzerne unerlaubte Absprachen bei Abgas-Systemen für Diesel- und Benzinmotoren getroffen haben.

Trump To Follow Germany’s Lead

After Germany introduced a ban on German vehicles in the city of Hamburg today, President Donald Trump has announced plans to do the same in US-Amerika, as well. Sort of.

Trump

A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York’s Fifth Avenue dented shares in the luxury car manufacturers on Thursday.

An excerpt from German magazine Wirtschaftswoche’s article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a United States Embassy spokesman in Berlin referred questions to Washington.

The news and current affairs magazine said Trump had told French President Emmanuel Macron in April that he aimed to push German carmakers out of the United States altogether. Macron’s administration in Paris declined to comment on the report.

Eine harte Antwort wäre für die deutsche Wirtschaft riskant: US-Präsident Trump hat neben den Metall-Zöllen auch Zölle auf ausländische Autos ins Spiel gebracht.

Mercedes Recalls 3,000,000 Diesel Cars For Cheat-Software Update

Citing strong dependencies between the false emission readings gathered by environmental authorities and the false emission readings measured in their own laboratories, Daimler has recalled millions of their diesel automobiles to update the illegal cheat-software used in their products and thus ensure that future false emission readings will result in the same false readings for everybody.

Mercedes

“The public debate about diesel engines is creating uncertainty – especially for our customers. We have therefore decided on additional measures to reassure drivers of diesel cars and to strengthen confidence in diesel technology.”