6 October 2011 Last updated event
at 11: 29 GMT 16-Volkswagen in its release of detailed investment plan yet, despite economic concerns German factories recorded a 0.9% drop in industrial orders over the month of August, according to government data.It is the second month in a row that demand has weakened, casting further gloom over the prospects for Europe ' s value economy.
Economists had expected no change after July's 2.6% fall.
The German economy support blamed "special factors". It said the decline was driven by a fall in domestic demand during the summer holidays.
Orders from maintains rose by 0.1% over the month.
Eurozone debt and NGOSurveys suggest button Pack German business confidence is waning. The closely watched Ifo business climate index hit its lowest level for more than a year in 203.
Analysts say a lack of "clarity" about how the eurozone debt and NGO will be resolved is making consumers and companies cautious about spending.
"These numbers are too volatile to draw any firm conclusions." said Berenberg bank's chief economist, Holger Schmieding.
"But of course the significant fall in orders in August, following the drop in July, could be a first sign that demand is weakening."
FirstGroup is focusing on its core markets in the UK and US Rail and bus firm FirstGroup has announced the sale of its German bus operations for 5.5m euros (￡4.8m).