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VW Governance Could Change After Lower Saxony Election

VW Governance Could Change After Lower Saxony Election. “Should the CDU win on the 15th, there is strong possibility that Althusmann will end on VW’s Supervisory board representing Lower Saxony” While Mercedes is apparently ready to restructure, long-term candidate for more transparent governance Volkswagen is also coming under the spotlight. For years, analysts and investors […]

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German Auto Investors Fear Big Fines From Cartel Allegations

German Auto Investors Fear Big Fines From Cartel Allegations. “The E.U. will punish them even more severely to set an example once and for all that governments aren’t prepared to close their eyes to the doings of the automotive industry,” Auto  investors were spooked by reports German automakers faced an investigation into possible illegal collusion […]

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German Car Stocks Undermined By China Devaluation Again

German Car Stocks Undermined By China Devaluation Again. “Logically, more (currency) depreciation should follow; economic growth is slowing, capital is fleeing and the currency was already overvalued” German car stocks took a beating for a second consecutive day as China again manoeuvred its currency lower on foreign exchange markets. There was plenty of doom and […]

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