Siemens CEO Sees Slowdown in Automotive Market in 2016/2017: PNP
2015-08-15 03:00:00.0 GMT
By James Kraus
(Bloomberg) -- Siemens’ Joe Kaeser says in interview that
auto industry may lose steam due to declining export momentum,
Passauer Neue Presse reports.
* German economy needs to focus more on productivity,
innovation and opportunities from digitization
* Need energy change 2.0 in which technology is at the
forefront
* Flaw of EEG was that it focused on consumption, not
innovation, which would have created 50,000 jobs in Germany
rather than in China
* Money was spent on subsidies without gaining any
technological advantage
* Greece will have to rely on transfers for a long time, won’t
be able to develope an industrial base and recover on its
own
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To contact the reporter on this story:
James Kraus in Geneva at +41-22-317-9232 or
jkraus2@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net
2015-08-15 03:00:00.0 GMT
By James Kraus
(Bloomberg) -- Siemens’ Joe Kaeser says in interview that
auto industry may lose steam due to declining export momentum,
Passauer Neue Presse reports.
* German economy needs to focus more on productivity,
innovation and opportunities from digitization
* Need energy change 2.0 in which technology is at the
forefront
* Flaw of EEG was that it focused on consumption, not
innovation, which would have created 50,000 jobs in Germany
rather than in China
* Money was spent on subsidies without gaining any
technological advantage
* Greece will have to rely on transfers for a long time, won’t
be able to develope an industrial base and recover on its
own
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
James Kraus in Geneva at +41-22-317-9232 or
jkraus2@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net