Germany in the dock over VW law
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The European Commission takes the German government to court for maintaining a law which protects car giant VW from takeover.
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Bernd Pischetsrieder, the outgoing chairman of German car giant Volkswagen, has been entrusted with finding a solution to the bitter takeover battle between Swedish and German truck makers Scania and MAN, a VW spokeswoman said.
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A ruling Tuesday by the European Union's top court on a law shielding Germany's Volkswagen AG from takeover will set the boundaries on how far national governments can go to protect industry.
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A German law that prevents a foreign takeover of carmaker Volkswagen is ruled illegal by the top EU court.
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Germany, one of the few countries in Europe where motorways are still toll-free, is to start charging trucks for use of the country's chronically overcrowded "Autobahns" next month in a move that some believe ...
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The European Court of Justice is expected to strike down the so-called Volkswagen Law, created by Germanyâs government to protect the automaker from an unwanted takeover.
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FRANKFURT - Sports car maker Porsche has an open road to make another bid for Volkswagen now that the European Union's highest court struck down the nearly 50-year-old "VW law" enacted to protect Europe's largest automaker from a hostile takeover.
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Europe&#39;s biggest carmaker said 30,000 jobs could be cut in Germany if unions do not agree to cost-cutting plans. Volkswagen is pushing for a wage freeze and more flexibility in working hours to counteract falling sales.
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Two of Europe's biggest car-makers, Volkswagen and Opel, will this week open the latest front in German industry's battle to slash costs, secure longer working hours and impose more flexible conditions -- or ...
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Volkswagen and its workers entered a critical week in their wage negotiations on Monday, with signs that a compromise was taking shape even as protests flared at factories across Germany.
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Workers and managers at Volkswagen&#39;s German plants are &quot;miles apart&quot; in their negotiations over a new pay deal, union representatives have said.
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"There is no decision on how we will proceed. We will take the decision to the supervisory board and this will be a decision for the supervisory board"  The European Union's highest court on Tuesday struck down a German law that shielded Volkswagen from takeover, paving the way for Porsche to take majority control of Europe's biggest carmaker. via Reuters
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BERLIN -- A European Union official called on Germany to give up the famous freedom of its highways and impose speed limits on the autobahn to fight global warming -- a demand that drew angry responses yesterday in a country that cherishes what it calls "free driving for free citizens."
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Members of one of Germany's governing parties on Saturday backed a proposal to introduce a speed limit on highways, a measure that would revoke a cherished freedom in this rule-bound country and was likely to be met with resistance.
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Germany, with its high costs, reluctant consumers and restive auto workers, has become a major drag on the country's two largest carmakers, DaimlerChrysler and Volkswagen , which both reported mixed earnings on ...
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A Volkswagen worker protests with a sign reading &quot;Captain Hartz, it&#39;s a trip on the Titanic for us&quot; during a warning strike at the Volkswagen factory in Hanover, northern Germany, on Tuesday, Nov. 2, 2004.
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German Chancellor Angela Merkel said on Tuesday that she was opposed to an EU legally-binding limit on cars' average carbon dioxide emissions as part of the EU efforts to cut average emissions for new cars.Comment