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Reaction to Turkey Being Excluded from the 'Made in Europe' Scope in Automotive
Ayhan Zeytinoğlu, President of the Kocaeli Chamber of Industry and the Economic Development Foundation, criticized the 'Made in Europe' regulation agreed upon by the leaders of France and Germany for excluding Turkey.
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Economy
Warning from Ifo to Germany: Growth Potential and Industrial Employment are Declining
According to the Ifo Institute, the contraction in industrial employment in Germany points to a structural crisis. Major losses in the automotive, metal, and machinery sectors call the growth model into question.
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Economy
High interest in BMW's voluntary separation program: Intranet system crashes
BMW's voluntary separation program for its administrative and development units in Germany led to a crash of the internal digital portal due to overwhelming employee interest. Applications were halted as target quotas were reached in less than two weeks.
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Economy
First 9 Months in the Automotive Sector: Imported Vehicles Declined, Domestic Sales Increased
According to data from the Automotive Manufacturers Association, domestic automobile sales registered a 2 percent increase in the first nine months of the year despite the contraction in the domestic market.
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