German industrial orders unexpectedly rise in May
German industry received more orders than expected in May, according to the Federal Statistical Office. Orders rose by 1.9 percent compared to the previous month.
Category Auto
Auto and mobility news on transport policy, electric vehicles and the vehicle market in Germany and Europe.
DAX Moves Sideways Ahead of Fed Decision – BMW Issues Profit Warning
Ahead of the US Federal Reserve's interest rate decision, the DAX barely moved on Tuesday. According to Tagesschau, the benchmark index closed at 24,934 points, up a wafer-thin 0.1 percent.
KNDS chief: Two new plants planned in Germany
Armored vehicle manufacturer KNDS plans to build two additional production sites in Germany, as announced by Germany CEO Florian Hohenwarter in an interview with the FAZ.