Sales are falling, rivals are surging, and China no longer craves the four rings. CEO Gernot Döllner is cutting bureaucracy, betting on speed, and trying to steer the brand through a maze of tariffs, scandals, and shifting markets.
Tag: factory
As Chancellor Friedrich Merz’s government doubles down on highways and combustion engines, critics warn that ignoring electric trends and digital innovation could cost Germany its place in the global auto industry.
Fishermen bemoan dwindling catches as contamination by industrial waste and other pollutants raises concerns about the safety of food and drinking water.
As the importance of the global microchip economy continues to grow, companies like Intel may one day reign supreme over today’s corporate giants: Meta, Apple and Google. And, in a measure some are calling “reverse globalization,” production is beginning to move back into the Global North, including Poland. In a rare visit to Intel’s factories in Malaysia, Polish daily Gazeta Wyborcza takes a look into what the future of its manufacturing will look like.
Marder infantry fighting vehicles, Leopard 2 tanks, thousands and thousands of rounds of ammunition: the armament company Rheinmetall is running flat-out, around-the-clock to supply Ukrainian forces. For the first time, Die Welt was granted access to the production floor at the Rheinmetall factory, which is churning out arms as quickly as it did during the depths of the Cold War.
With the electric guitar in full revival thanks to the pandemic, the mythical Fender brand is reviving the glory days of rock and roll stars. Taking advantage of free time during lockdown, many Americans discovered their passion for the classic six-string.
In a country plagued by economic crisis, women are entering professions usually reserved for men. Against societal expectations, they are striving for independence.
From schedule changes and face shields to full operational shutdowns, the pandemic has directly impacted the country’s industrial sector.
FUKUSHIMA — In 1970, electronics company Panasonic inaugurated a factory in the Japanese city of Fukushima to assemble radio sets. In the 1980s, when Japanese electronics were at their peak, the site expanded to produce video material and CD players. In 2011, the earthquake that destroyed the Daiichi nuclear power plant left the Panasonic factory […]
Libya is where refugees now gather to attempt the perilous crossing to Europe. But Egypt is often the source of both crafts and crews. Only economic solutions can stop human smuggling.
ISIS MAY HAVE CAUSED SINAI CRASH AFTER ALL There is significant evidence that an ISIS affiliate in Egypt was behind a suspected bomb attack on a Russian passenger plane that killed 224 people over the Sinai Peninsula Saturday, UK, U.S. and European officials told The Guardian. But Egypt and Russia still urge caution on making […]
Employees who toil long hours for low wages at the Chinese factories that assemble the iPhone are part of the dark side of the country’s rush to urbanization.
DA LAT — It’s 30°C (or 86°F) on the high plateaus of Lam Dong in the southern central part of Vietnam. Hanoi is two-and-a-half hours away by car, and the damp heat envelops the coffee trees, their supple branches fanning out and loaded with green coffee cherries. As the second-largest global coffee producer, Vietnam lags […]
When there are fewer humans to fill certain jobs, businesses turn to different *creatures.*
It was a symbol of the “sunshine policy” meant to ease tensions between the two Koreas. But now, the jointly-run Kaesong facility in North Korea has been shuttered. Maybe for good.
MONTBELIARD – The meeting point is located just outside the city limits of Montbéliard, in eastern France, on the parking lot of a fast-food restaurant. A few steps away is the front gate of the Peugeot car factory. Twenty people or so are waiting for the bus that will take them to the workshops of […]
AFP, AAP Worldcrunch DHAKA – Bangladeshi rescuers have found a survivor in the rubble of a garment factory complex more than two weeks after it collapsed, the AFP reports. “She has been located in a gap between a beam and a column. Her name is Reshmi. She may have reserves of water or have drunk […]
BANGLADESH NEWS 24 HOURS (Bangladesh), BBC NEWS (UK), AP Worldcrunch DHAKA – Police said Thursday that the owners of the eight-story building housing garment factories that collapsed in Bangladesh, killing at least 187, had ignored warnings not to allow their workers into the building. Search for survivors is continuing as hundreds are still unaccounted for, […]
BANGLADESH NEWS 24 HOURS (Bangladesh), THE HINDU (India), REUTERS Worldcrunch DHAKA – At least 70 people have died and many more are feared trapped after an eight-story building housing garment factories and a shopping center collapsed on the outskirts of Bangladesh’s capital Dhaka. “We assume scores of people are still trapped inside and many of […]
UNITED DAILY NEWS, RADIO TAIWAN INTERNATIONAL (Taiwan) Worldcrunch TAIPEI – “Just by smelling it, I can tell where it comes from and what its quality is…” This unique touch of boastfulness comes from You Qi-Cheng, who runs condom manufacturer Fuji Latex. Mr. You’s claim of olfactory prowess quickly circualated on the Chinese Internet, after the […]
SPRINGFIELD – Whenever he has half an hour free, Joe goes into the yard of his little house to split logs. “It’s fun for me. It’s the only thing that really gets my mind off the election.” In the living room there is a pool table, a bearskin on the wall, and his tools. “I […]
DAWN (Pakistan), TIMES OF INDIA (India), AL JAZEERA (Qatar) Worldcrunch KARACHI – At least 191 people were killed in two separate factory fires in the Pakistani cities of Karachi and Lahore. Officials said Wednesday that 166 people where killed after a fire broke out in a factory in the coastal megalopolis of Karachi, and dozens […]