Wirtschaftslage

Mercedes-Benz Prepares for a Prolonged Downturn in China’s Slowing Auto Market

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Mercedes-Benz is facing mounting challenges in China, its largest single market, as slowing economic growth and intensifying competition reshape the automotive landscape. The German luxury automaker, once a dominant force in the world’s biggest auto market, now confronts a prolonged period of subdued demand that analysts are calling a “durststrecke” — a German term meaning … Read more

Thuringia: New Grant to Help Companies Avoid Insolvency

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New Support for German Businesses Facing Economic Headwinds The economic landscape in Germany remains challenging, with rising costs, weakening demand, and geopolitical uncertainties impacting businesses across various sectors. Recognizing the growing strain on companies, the Erfurt Chamber of Industry and Commerce (IHK) is launching a new initiative to provide targeted support to struggling firms. This … Read more