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


Learn more about the benefits of being a TIME subscriber

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