Biz Watch

Germany dumps its truck-charging scheme

Delay Takes Its Toll
Made in Germany " no longer appears to be a label of engineering excellence. Last week, German Transport Minister Manfred Stolpe canceled the government's €5.4 billion contract for a high-tech motorway toll scheme for trucks after the system operator, Toll Collect, failed to solve technical problems with the trucks' onboard GPS units. The decision to abandon the ill-fated venture — it was scheduled to start in August 2003 before being postponed — is an embarrassment for the top players behind it. Deutsche Telekom and DaimlerChrysler had banked on the system as a possible export....

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!