Published: 27 Dec 12 12:31 CET | Print version
Online: http://www.thelocal.de/money/20121227-46997.html
German top-of-the-range carmaker BMW sold a record 1.8 million vehicles in 2012, chief financial officer Friedrich Eichiner said in a newspaper interview Thursday.
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Germany said Friday that French President Francois Hollande's proposal for a eurozone economic government was "interesting" but reacted coolly to his call for strengthened European budgetary powers. READ () »
Foreign families will soon be able to officially engage au pairs from outside the European Union, as long as they speak German at home, as the government prepares to change the law. READ () »
Germany will not publicly criticize France over economic policy, German Finance Minister Wolfgang Schäuble insisted on Thursday, amid differences between Berlin and Paris over growth versus austerity in battling the eurozone debt crisis. READ () »
A German food industry watchdog singled out drinks-maker Capri-Sun for its annual advertising "award" on Thursday, for what the group described as "shameless" marketing of sugary drinks to children. READ () »
The German economy, Europe's biggest, clocked up anaemic growth at the start of 2013 as the freezing winter weather put the brakes on activity, official data showed on Wednesday. READ () »
German heavy industry giant ThyssenKrupp said on Wednesday it plans to axe 3,000 administrative jobs worldwide as disastrous investments in steel operations overseas tore holes in its balance sheet in the second quarter. READ () »
Germany's powerful union IG Metall agreed a pay deal with the metal industry's employers association early Wednesday, averting the threat of a major strike. READ () »
German employees of Amazon staged their first-ever walkouts on Tuesday as the US internet retail giant was hit by a dispute over pay. READ () »
German auto giant Volkswagen will build a plant in central China, a spokesman said Tuesday, as it battles US rival General Motors to be the top foreign automaker in the world's biggest car market. READ () »
Tens of thousands of metal workers downed tools on Monday in a spat between powerful union IG Metall and employers over pay. It marks the start of what could be a decisive week for the industry as a full-scale strike looms. READ () »
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I don't have the data, of course, but I suspect a big chunk of that 20 percent worldwide growth is attributable to customers in China.
And importantly there is no mention of India here though BMW had emerged as the no. 1 best seller in its segment during 2011. Wish their Hqs take cognizance of the Indian market where they are growing.