#GermanAutomotiveIndustry
Continental Commissions Curious Study About Its Own Nazi History
Continental commissioned an independent researcher to see what it was up to in the 1940s, with the auto parts supplier issuing a press release detailing the results.
“The study shows that Continental was an important part of Hitler’s war machine,” said CEO Dr. Elmar Degenhart, before adding, “We commissioned the study in order to gain more clarity about the darkest chapter in our company’s history. That’s why we specifically included those companies that were not part of Continental at the time. The study is a consciously chosen opportunity and a renewed motive for us to face up to our responsibility and, on the basis of past experiences, to understand our identity more clearly and to create a better future.”
The company has decided to not only “take responsibility” for acts committed 70-plus years ago, but to also include businesses that were complicit with the National Socialist German Workers’ Party (NSDAP/Nazi) long before they joined its ranks.
Volkswagen to Conduct 'Crisis Meeting' Over EU Cartel Allegations, BMW Plays It Cool
Volkswagen will hold an emergency supervisory board meeting on Wednesday to discuss recent allegations that Germany’s automakers have been operating as an automotive cartel since the 1990s. Meanwhile, Daimler’s workers council is demanding answers from management as the automaker reels from a one-two-punch of collusion and emissions cheating accusations.
“I advise the car industry to clear the air now, to say what has happened, and then we can look to the future together again,” parliamentary group leader Volker Kauder, said Monday on German television. “If the antitrust violations prove true, and there’s a lot to suggest that, then one must really say the clear sentence: the rule of law also applies to the car industry.”
However, claiming there is sufficient proof to prosecute is a little premature. With the exception of a somewhat damning letter intercepted from VW, no hard evidence of collusion has been made public. Investigators are still in the early stages of the antitrust probe and have given few details as to its progress.
German Automakers Rally In Support of US-EU Trade Agreement
Leaders from Germany’s automotive sector held a rally Wednesday in Berlin to lend support to a transatlantic trade agreement heavily facing opposition.
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