Nobody can blame Volkswagen CEO Martin Winterkorn for smiling this past week. VW has just turned the tables on would-be raider Porsche, placing Europe’s biggest carmaker in the driver’s seat for a planned merger with the much smaller and sportier firm. And while colleagues at rivals like Daimler, Fiat, General Motors and Peugeot are busy trying to survive the current economic storm, Winterkorn seems poised to throw VW into high gear.
Tag Archives: german
Former ‘American Idol’ contestant killed; driver arrested
Germany Sees Departing Porsche Boss as Symbol of Capitalism’s Excesses
The Gnome with the Nazi Salute: Art or a Crime?
Somali pirates release German ship
Germany Addresses Online Terrorism Threats Before General Election
With Germany going to the polls in a general election in three months, authorities are on high alert after detecting an increase in online warnings of terrorist attacks targeting the country. The German government held high-level talks with top security and intelligence chiefs in Berlin on Thursday to discuss the growing threat posed by Islamic extremists and to coordinate counterterrorism measures. Intelligence officials are alarmed by the rising number of videos posted online by militant Islamists who say they are specifically targeting Germany.
Egyptians angry over German court slaying
Hundreds of Egyptians took part Monday in the funeral of Marwa Sherbini, an Egyptian woman who was stabbed to death last week in the German city of Dresden in a crime believed to be racially motivated. Sherbini, 33, was stabbed to death Wednesday in a courtroom as she prepared to give testimony against a German man of Russian descent whom she had sued for insult and abuse. The man, identified in German media as Alex A., 28, was convicted of calling Sherbini, who wore a headscarf, “terrorist,” “bitch” and “Islamist” when she asked him him to leave a swing for her 3-year-old son Mustafa during an August 2008 visit to a children’s park.
Why VW and Porsche are On a Collision Course
Over the past few days, the German luxury automaker Porsche has moved into high gear with the launch of its latest model, the Panamera, a 4-door, 4-seater sedan that it hopes will reverse flagging sales and maintain its status as the world’s most profitable auto maker. But even as the motoring press descends on Stuttgart to test drive the new car, the Panamera launch is being overshadowed by a bizarre feud in the company’s founding family that is starting to damage both Porsche and its sister company, VW. It’s a nasty, vindictive battle that, in keeping with bad cases of sibling rivalry, risks spiraling out of control and hurting everyone involved, including the shareholders, customers and workers at the two German automakers.
Will Germany’s Army Ever Be Ready for Battle?
On June 15, the German army’s General Wolfgang Schneiderhan found himself in front of an audience of politicians and senior officers defending military policy on sleeping bags. Many German soldiers “are whingeing to high heaven,” Schneiderhan said at a reception thrown by the parliamentary army ombudsman, complaining about everything from being sent on yet another overseas tour of duty to the “unsuitable” sleeping bags they are given for their deployment in the Congo. Then Schneiderhan did some complaining of his own, noting the tendency for his officers to delegate blame, with no-one taking responsibility for their actions.