tv Business - News Deutsche Welle November 17, 2017 6:15pm-6:31pm CET
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workmen's along the road fire power a league high twelve golds. against the league's best home defense is a stage set for a thrilling match. you're watching data billion years life and still to come going green at tesla unveils its new all electric truck but they won't reveal how much it's going to cost or all knotted up business update with monica. monica well that with a very shortly on all the time at the top of the hour of yourself a good time. on a route and they will not succeed in dividing us out on not succeed in taking the people off the streets because we're tired of this dictatorship. taking
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a stand globally was that matters d.w. made for mines. every journey begins with the first step and every language of the first word i looked in the nico he's in germany to learn german. business just why not i'm with him. it's simple online on euro mile and free. to stuff. d w z e learning course because of a german made easy. he says it can run on battery for eight hundred kilometers and he won't give up try stock. his company's electric truck. just
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present a surprise cop. also coming up with thousands of jobs to go angry siemens employees take to the streets in germany. welcome to do business well not twangs not once but twice tesla c.e.o. in on muscat postpone the presentation of his electric big greek drug but last night was finally the night he unveiled his a long awaited vehicle in california designed to challenge the climate of damaging gas guzzlers on highways and he threw in a surprise sports car as well take a look. it was a big show for a big truck. tesla vos iran must joke that this would be the most useful eighteen wheeler ever tweeting it could transform into a robot fight in the ins and even brew coffee and he said it's built for the long haul. now one of the biggest questions we've been asked about. dr
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trucks is well how far can they go because well it's perhaps a five hundred mile range. that's about eight hundred kilometers the driver sits in the middle no need for different models with steering wheels on the right or left musk promised his electro truck would be cheaper to maintain than today's diesels it's set to hit the road in just two years but musk was coy about the price which logistics firms had been hoping to find out. tesla's car business has so far served a small niche small fast and expensive luxury cars that's where musk had another surprise up his sleeve the second generation of the tesla roadster the car the company was founded on the newcastle roadster. we were fastest car production car ever made period. even though the crowd here
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reacted so euphorically many experts in the field are skeptical tesla has a myriad of pressing problems above all the model three intended to take over the mass market instead of the fifteen hundred vehicles it expected to build tesla was only able to make two hundred sixty last quarter experts say some of them were badly assembled tesla has been in the red for years last quarter it lost millions of euro's and just recently hundreds of workers were let go now more than ever the question remains can test change its goals or just a series of funny tweets and product presentations. now you'd expect tesla to move on swiftly with cars and trucks but folks the german car giant responsible for the massive diesel emissions gamble well surprise b.w. looks ready to embrace the mobility now as well today folks like an announced it is going to spend more than thirty four billion euros on electric cars autonomous
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driving a new mobility set this is by the end of twenty twenty two suddenly electric cars are all the rage folks fogging wants to put a thousand new models on the market over the next five years. and hopes to become a world leader with the. the car maker is allocating far more funding for the venture than industry observers had expected. the automobile is in the process of being reinvented we're investing the required capital for that out of our own resources by the end of twenty twenty two we'll have put thirty four billion euros into developing electro mobility developing autonomous driving going from the norm in fun. the main focus will be on china by twenty nineteen the government there says ten percent of all new registrations must be e-cards any company that wants a part in that bonanza has to be able to deliver the w.
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has already said that ten billion euros are earmarked for china alone. the new strategy harbors its own risks it's still not yet clear if the cars really are the future of mass mobility besides the high development costs traditional combustion engines also need upgrading on top of that the w. could still yet face billions of euros penalties as a result of the diesel emissions scandal so despite the new strategy the w is still work in progress. well there's been angry reaction here in germany to the announcement of job cuts and plant closures at engineering giant siemens the company is highly profitable but it says its turbine division can't keep up it makes the parts for fossil fuel power plants and siemens says it's been hit by the switch to cleaner energy sources. zimmerman's workers took to the streets as the job cuts were announced. the industrial giant said it would slash two percent of its workforce despite billions in profits a decision met with
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a shock. and i can't understand it at all i just thought they're playing around or it's incorrect information until now you can't close down a factory working at full capacity and especially not out here in germany easiest. the company blamed the shift to green sources of energy like solar power for the move. board member lesa davis said the power generation industry is experiencing disruption of unprecedented scope and speed renewables are pushing other forms of power generation under increasing pressure today's action follows a nearly three year effort to rightsize the business for this changing marketplace . zeman says its power and gas division is worst hit by the switch to renewables demand for gas turbines has tumbled dress thickly depressing prices and profits and that means six thousand nine hundred jobs around the world must go almost half are
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in germany with the country's east hardest hit two plants there in the cities of light position gurlitz will shut down completely and a third hangs in the balance. the two plants to be shuttered are in the state of saxony which depends on them for jobs and tax income. it's like this we're now in for a fight because we can't just accept this decision the supervisory board has a responsibility to take a critical look at the state government unions and works councils reached out their hands seaman's needs to accept this and find solutions that benefit the affected regions and employees shift. zeman says it will try to avoid forced redundancy is and will move workers to other if they can seize within the company but that's little comfort for the communities they will leave behind. foreign companies doing business in france now face more bureaucratic hurdles they were put in place by the
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french government under president manuel mccall and the new red tape appears to be a clear move to protect the french labor market rather than improving business relations within the european union german companies op in. french president emanuel likes to be seen as a passionate european and. if you believe in europe you have to believe in it fully. and that means you have to stick to certain rules. the dynamic young president was once a role model for board his fellows but now he's disappointed because he says mark on creating economic barriers that affect his business the german entrepreneur sells enclosures for swimming pools. exports a quarter of his production to france but it's now getting harder to get it there
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because he has to wait weeks for permits. it feels like a straitjacket we can't afford to shoulder this burden alone with these expensive registration procedures are strictly regulated with a two thousand euro fine for noncompliance and four thousand for repeat offenses so we'll have to tack on a macall surcharge for french customers. fares says he can no longer offer a speedy in the fish and service which is this big selling point but the rules are needed says french parliamentarian who nobody know who speaks out on labor law reform. the checks are designed to prevent companies from hiring low wage workers and sending them to france. they should pay the french minimum wage and not distort competition. that's why starting next year we want to expand the regulations. all sectors not just the construction business and all it would have
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to apply for extra permits in additional view of a supplementary form. but his fellow says the rules are unjust particularly since they're stricter than in other european countries he lodged a complaint with the german government but it merely advised him to file a lawsuit at the european court of justice. this is. the responses we got really frustrating noncommittal answers with no new information just yes we've been informed. feeling left in the lurch by the german government feels actually intends to take the case to the e.c. j. in luxembourg he doesn't want to have to lay off any of this thirty employees. as i had to talk to it's all just delaying tactics for me as a businessman it means continuing to struggle with this mess without any hope of change and having to entertain the possibility of getting out of the french market
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altogether if things don't improve. because of it. his company depends on its exports to france even more so now that it's just invested in a new factory. new york's legendary jewelry store tiffany and co is making hollywood's dreams come true in a move to attract millennial as the flagship store on fifth avenue now has a new box cafe where customers can enjoy themselves during their shopping spree and yes you can order breakfast which tiffany's office to make the nine hundred sixty one film title a reality of course it is not cheap breakfast costs twenty nine dollars plus taxes but hey at least you get to post you having breakfast at tiffany's. and that's your business update you on t w thanks for keeping me company.
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us. what binds the continent to. answers and stories aplenty. spotlight on people. on the w. one. among us and if you're doing something you feel passionate about then it doesn't feel like a charm. and i think one day this war will be considered a cruel and unjust war but. certainly all citizens are ukraine every man woman and child if she no money from their homeland if the enemy invades. no one wants russia here on the east and which is the. rebel against the mighty
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global news that matters. d.w. made for mines. they make a commitment. they find solutions. they inspire us. africa. stories about people making a difference shaping their nation. and their continent. w.'s new multimedia series for africa. dot com africa on the move. hello and welcome to focus on europe good to have you with us.
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