Chip Shortage Will Slow German Car Production At Least Until 2024

German Factory Orders Drop Unexpectedly

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German factory orders fell unexpectedly in April. This shows that manufacturers in Europe’s largest economy are still struggling with the negative effects of the corona pandemic and measures to prevent the virus from spreading.   According to the German Federal Statistical Office, the number of orders fell by 0.2 percent […]

The EU Objects to Travel Bans Germany and Belgium

German Car Industry Fears Impact Border Controls With the Czech Republic

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The German car industry fears a shortage of parts now that border controls between Germany and the Czech Republic have been tightened.   According to the German federation of automakers VDA, this could hinder the production process, the organization warned. Also, employees of German factories living in the Czech Republic […]