Miranda Murray

Plans to impose an effective ban on selling new cars with combustion engines in the European Union have been abandoned, a senior EU lawmaker told German mass tabloid Bild on Thursday.

One in four jobs at German sports car maker Porsche is at risk, warned worker representatives on Wednesday, adding that the management was threatening to relocate production and development to lower-cost countries.

BMW named 30-year company veteran Milan Nedeljkovic as its next CEO on Tuesday to replace long-time chief Oliver Zipse, as the German automaker bets on a new generation of electric cars to counter U.S. tariffs, Chinese competition and Tesla.

German warship builder TKMS expects to make a decision on whether to buy neighbouring German Naval Yards Kiel (GNYK) in the next few weeks, its CEO Oliver Burkhard said on Monday.

Germany has deployed five Eurofighter jets and some 150 military personnel to the Polish town of Malbork to help secure the country's airspace, the German air force said on Thursday, in response to Russian drone incursions in September.

Sentiment in Germany's automotive sector deteriorated once again in November as companies became more pessimistic in their business expectations, a survey showed on Wednesday.

European broadcaster RTL said on Tuesday that it plans to cut roughly 600 full-time jobs in Germany, citing weakness in advertising revenues.

Germany's government must do more to save industry from the country's economic "free fall", said the BDI sector association on Tuesday, as it slashed its production forecast for the year.

Germany's parliament on Friday passed the budget for 2026 with over 180 billion euros ($208 billion) in new debt, outlining how Berlin will use its financial firepower to revive the anaemic economy.

A letter from German Chancellor Friedrich Merz to European Commission President Ursula von der Leyen regarding rules on the planned phase-out of combustion-engine cars will be sent on Friday, a German government spokesperson said.