There may soon be more women in power positions in the world of German business under a proposed law from Chancellor Angela Merkel's coalition government. If passed, the law would force large, publicly traded corporations to have female members make up at least 30 percent of their supervisory boards (which are responsible in part for business strategy) by 2016. In addition, all companies would have to increase the female proportion on their management boards, which conduct regular business.
General Motors isn't finished with Opel, but the German government would apparently like to be finished with General Motors. Michael Fuchs, a senior member in Angela Merkel's ruling CDU party, has reportedly declared "The discussion ... about financial aid for Opel must be ended once and for all."
Before the Frankfurt Motor Show brought us the latest models and concepts from automakers, it was opened by German Chancelor Angela Merkel. The inauguration speech by the Chancellor included describing her country's support for electric vehicles: Germany expects that there will be up to seven million EVs, including plug-ins, and about 18 million hybrid cars in 2020. These figures would account for a third of the expected cars on German roads at that time. Merkel's speech divided the expansion of
Last month China proposed a plan to offer consumers a cash incentive to scrap their cars and buy new ones. Germany is the latest country looking at the same option, with a law that aims to give €2,500 to people getting rid of cars that are at least nine years old and buying new ones.