Investors Await German Court Diesel Ban Decision. “Consumer’s worst fears would be confirmed” Automotive investors are bracing themselves ahead of the possible decision Tuesday, which might allow German local authorities to ban all but the very latest diesels from city centers. A ruling would affect all vehicles sold before the latest “Euro 6” standards were […]
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German Court Delays Diesel Ban Decision
German Court Delays Diesel Ban Decision. Hint That Decision May Be Sent To Europe. German judges in Leipzig failed to reach a decision in a case that would allow diesel cars to be banned from German city centers, and delayed their verdict until February 27, according to news agencies. The agencies also said a decision […]
Lower Saxony Election Result Means Big VW Changes Unlikely
Lower Saxony Election Result Means Big VW Changes Unlikely. “For those people that had hoped the CDU could win the elections and improve governance on VW’s board, the outcome of yesterday’s elections is a disappointment.” Volkswagen shares barely moved after news Lower Saxony elections Sunday returned the ruling Social Democrat Party (SPD) and signalling little […]
VW Investors Expecting Election Liberation Should Dream On.
VW Investors Expecting Election Liberation Should Dream On. “We believe it is hard to argue against the fact that professional, impartial and independent business people could serve the company more effectively,” Elections in minor German states aren’t usually very interesting to the outside world. But Sunday’s election in Lower Saxony, the home of Volkswagen, is […]
German Coalition Could Clamp Down On Diesels
German Coalition Could Clamp Down On Diesels. New Government Might End Gas Engines, Force Electric Car Sales. “The likelihood of the CDU, FDP and Greens forming a ruling coalition in Germany has strengthened our expectations for a tougher crackdown” As the dust settles after the German election, the auto industry faces some hefty challenges including […]
German Auto Stocks Calm After Election
German Auto Stocks Calm After Election. Will Greens Be In Government? “Large sections of the auto industry have gambled away unbelievable amounts of trust” German auto stocks showed little reaction to news Angela Merkel will return as Chancellor, but on the day after the election, the makeup of a required coalition government wasn’t clear. The […]
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 […]
Frankfurt Show Sees Europe In Good Short-term Shape
Frankfurt Show Sees Europe In Good Short-term Shape. But Don’t Even Think About Upheavals, Hi-tech Raids. “I expect to see another round of consolidation in the next two or three years” The automotive industry must be hoping that after the German general election is over later this month, its exposure to relentless criticism over dieselgate […]
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 […]
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 […]
