Automotive
German car giant Volkswagen said Wednesday it expects to defy the impact of the coronavirus pandemic with a small operating profit in 2020, although the figure will be "severely" impacted.
Apr 29, 2020
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Business
Stricken airline Condor on Monday said it would receive 550 million euros ($596 million) in loans from the German government and the state of Hesse to keep it afloat during the coronavirus crisis.
Apr 27, 2020
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Business
European aviation giant Airbus said Monday it would cancel the planned dividend payment for 2019 and also abandon its earnings forecasts for the current year because of the economic uncertainty sparked by the coronavirus ...
Mar 23, 2020
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Automotive
German authorities will "likely" discover software rigging the level of diesel emissions in Mercedes-Benz cars other than those already sanctioned, the Daimler group warned on Friday.
Feb 21, 2020
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Business
French-Dutch airline Air France-KLM said Thursday the coronavirus has blown a large hole in 2020 earnings to date while separately unveiling lower profits for 2019.
Feb 20, 2020
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Business
Spain's government approved Tuesday the introduction of new taxes on digital business and stock market transactions, following similar steps by other European countries.
Feb 18, 2020
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Automotive
French carmaker Renault said Friday it went into the red last year for the first time in a decade on lower sales and a falling contribution from its Japanese partner Nissan.
Feb 14, 2020
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Business
Airbus on Thursday reported a net loss of 1.36 billion euros for 2019, weighed down by massive fines to settle bribery scandals and extra costs for the A400M military transport aircraft.
Feb 13, 2020
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3
Automotive
Daimler chief executive Ola Kallenius suffered a grim first year in 2019 as profits tumbled at Mercedes-Benz's parent company due to billions in costs from the "dieselgate" scandal, and thousands of job cuts now lie ahead.
Feb 11, 2020
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2
Automotive
US-Italian automaker Fiat Chrysler said Thursday its net earnings fell by nearly a fifth last year as sales slowed, although both rose in the final quarter.
Feb 6, 2020
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