While industrial America complained about being undercut by cheaper competition from China, Webasto became one of Germany’s many “hidden champions” that grew rich off China’s rise. German exports boomed as newly minted Chinese consumers bought their first cars, and factories around the manufacturing heartland needed machine tools and kit. German joint ventures helped school Chinese … Read more
A German-Israeli man who was kidnapped in the Gaza Strip has been declared dead. “It is devastating to learn that our fellow German, Itay Chen, whom we had hoped to be still alive, is dead after all,” the German ambassador to Israel, Steffen Seibert, stated on Wednesday. Hamas killed the German-Isreali man on 7 October … Read more
The President of Namibia, Hage Geingob, is dead, a presidential release said on Sunday. “It is with utmost sadness and regret that I inform you that our beloved Dr. Hage G. Geingob, the President of the Republic of Namibia has passed on today,” a statement signed off by the acting president, Nangolo Mbumba, said. Mr … Read more
German luxury carmaker Mercedes-Benz is set to invest Rs 200 crore in India in 2024 and is gearing up to introduce more than a dozen new cars, including EVs this year. In 2024, Mercedes-Benz India is planning to introduce over 12 new vehicles, encompassing three electric models. Approximately half of these launches will fall within … Read more
