The Local Germany

Despite emissions scandal, Volkswagen clinches record sales

Wed, 17 Jan 2018 11:34:33 +0100

German carmaker Volkswagen said Wednesday it sold a record number of vehicles in 2017, putting it on track to hold on to the title of world's largest carmaker two years after its "dieselgate" emissions scandal.

Europe embraces Black Friday sales with some reservations

Sat, 25 Nov 2017 10:21:16 +0100

Billions of euros will change hands over Black Friday weekend sales across Europe, but despite increasingly accepting the US import, the promotions will be marked by strikes, protests and concerns about over-consumption.

After record year, weapons sales rise again

Tue, 05 Jul 2016 19:08:01 +0200

Over the weekend, reports emerged that German weapons exports doubled in 2015. Figures seen by Die Welt show they have increased again in 2016.

Daimler defies gravity with big China sales

Thu, 22 Oct 2015 14:20:06 +0200

Stuttgart-based car maker Daimler – owner of Mercedes-Benz – has bucked industry-wide trends for decreasing profits, in part by outdoing other German brands in China.

Retail sales show biggest drop for seven years

Fri, 31 Oct 2014 12:26:00 +0100

German shoppers cut back on their spending in September at the fastest rate for seven years, official data showed on Friday.

Drinkers get thirstier as beer sales increase

Thu, 31 Oct 2013 12:16:00 +0100

Germany’s love of beer shows no sign of abating with the country’s breweries celebrating booming sales over the summer months, figures released on Wednesday showed.

Serious summer sales follow poor season

Fri, 19 Jul 2013 15:03:00 +0200

Shoppers will be spoiled for bargains over the coming few weeks, with the annual summer sales expected to see half of Germany's retailers slashing prices by up to 70 percent.

Uncertainty drives down new car sales

Tue, 02 Jul 2013 17:21:00 +0200

New car registrations in Germany fell in June and have been generally low for the first half of 2013, data released on Tuesday showed. They are a key measure of demand in one of the most crucial sectors of Europe's top economy.

Clothes shops slash prices after poor weather

Fri, 21 Jun 2013 14:24:00 +0200

The mild winter and chilly spring have hit Germany's clothing industry hard, with some already slashing prices in a desperate attempt to generate sales, Die Welt newspaper reported on Friday.

China boom helps Audi profits soar

Thu, 01 Mar 2012 12:01:00 +0100

German car giant Audi posted record profits, the company reported on Thursday after turnover soared by over 68 percent in 2011.

German car sales slump while exports surge

Sat, 03 Jul 2010 13:43:00 +0200

German car sales plunged last month, reflecting an end to a cash-for-clunkers bonus, but robust foreign demand for Germany's famed luxury models sparked a spurt in exports.

K+S buys America’s Morton Salt for €1.266 billion

Thu, 02 Apr 2009 17:16:00 +0200

Fertilizer producer K+S is now the world’s largest salt producer after buying America’s Morton Salt in a billion-euro sale, the company confirmed on Thursday.