BMW will recall 11,700 diesel vehicles of its 5 and 7 Series, because the models received an incorrect software update in 2014, leading to elevated emissions.
Chinese carmaker Geely has bought a 9.7% stake in Daimler, becoming its largest shareholder. The maker of Mercedes-Benz cars and trucks welcomed Geely as a long-term investor, and said it had a strong partner in China, Baic Motors.
The Hessian Peace Prize, worth €25,000, has been awarded to Swiss attorney Carla Del Ponte, who acted as a former chief prosecutor for the UN tribunals for Rwanda and ex-Yugoslavia.
Many Germans have the wrong idea about the Nazi era, the Foundation for Remembrance, Responsibility and Future (EVZ) has found. A far higher percentage (18%) thought family members had helped fleeing Jews than was realistic.
Volkswagen Group more than doubled its net profit to €11.6 billion last year as Dieselgate charges halved to €3.2 billion and revenue rose by 6%. VW sold 10.8 million vehicles, up 3.7% compared with 2016.
The southern state of Baden-Württemberg exported around €200 billion worth of goods in 2017, making it the top exporting state in Germany, according to the Federal Statistical Office. Bavaria follows with €192 billion.
BMW has signed a preliminary contract with Chinese carmaker Great Wall to produce the next generation of electric Minis there.
German consumers will have to pay €2.7 billion for a linking pipeline once the Russian Nord Stream 2 gas pipeline is laid, according to government papers. (Spiegel)
Happy birthday to the diesel engine. Rudolf Diesel filed a patent for the engine in Berlin 125 years ago today.
Despite the weather, the first of Germany’s open air swimming pools has opened. The Karlsruhe pool is first to open for the ‘summer season’ every year.
Germany’s biggest insurer Allianz has acquired more than 95% of the shares in French credit insurance firm Euler Hermes, making its full takeover a formality.
Almost half of Germans (47%) fear they won’t be able to maintain their standard of living and social status, a study by the University of Paderborn found.
After Poland, Lithuania and Luxembourg, Austrian Chancellor Sebastian Kurz has said there is too much focus on refugees. He was expressing opposition to Angela Merkel’s desire to attach EU funding to refugee intake
Over half the audience left a Berlinale press screening of a debut film by Romanina director, Adina Pintilie. Touch Me Not was apparently too sexually explicit for even the open-minded film festival crowd.
Berlin’s oft-delayed new airport will cost an extra €770 million to complete, bringing total costs to over €7.3 billion. The airport should open in 2020. (RBB)
Members of the right wing AfD party calling themselves the Alternative Middle say they will oppose any move to let the anti-Islamic Pegida group get closer to the AfD again.
Budget airline Ryanair is reducing the number of planes stationed at Frankfurt-Hahn airport from five to four, due to “economic conditions”.
A fifth of SPD members have already voted on whether the proposed coalition government with their party and the CDU can go ahead. The ballot ends March 2.
Another German national has been released from a Turkish prison, according to the foreign office. Four Germans remain incarcerated.
The association for entrepreneurs and the self-employed, the VGSD, will oppose the potential new coalition government’s plan to introduce statutory pension payments for their members.
A Munich woman who acquired an arctic wolf skin from the US, believing it a nice decoration, may pay a five-figure penalty as the animal is covered by the Washington Convention on International Trade in Endangered Species.
The new head of the Green party, Robert Habeck, wants to require businesses to tell the government about any intentions to use tax loopholes.
Further strikes by workers at Deutsche Post were planned for Friday. Negotiations by trade union Verdi to raise wages 6% have been unsuccessful so far.
A new poll shows the SPD continuing to hit record lows, falling 2 points to 17%. The SPD’s outgoing leader, Martin Schulz, is at the bottom of a list of top 10 German politicians, after topping the list a year ago. (ZDF)
Bottlenecks in supplies of sand and other raw materials for construction are likely in 2018, Germany’s Federal Institute for Geosciences and Natural Resources warned.
Germany took in €36.6 billion (US$45 billion) more than it spent last year, according to the Federal Statistical Office.
Hyundai’s luxury Genesis brand topped a US quality ranking by lobby group Consumer Reports. Genesis relegated VW’s Audi brand to position two, followed by BMW, Toyota’s Lexus and VW’s Porsche.
The first carbon-neutral workshop for Germany’s high-speed ICE trains opens today in Cologne. Costing €220-million, the facility is as large as 30 soccer fields and uses geothermal power.
Saudi Arabia has reacted angrily to Germany’s decision to stop exporting weapons there from mid-January. Riyadh will buy weapons elsewhere, said Adel al-Jubeir, the foreign minister.
EU funds should not be tied to refugee policies, said Poland’s minister for European affairs, Konrad Szymański, as politicians prepare for a budget summit in Brussels.