Economic Suicide Isn’t Painless: Germany’s Auto Industry Is in Freefall
Germany’s auto industry has long been the undisputed heavyweight champion in mechanical engineering and the production of high-quality cars. It now faces a structural crisis of historic proportions. The abrupt removal of consumer EV subsidies, skyrocketing energy costs, green mandates and relentless international competition have created the “perfect storm.” For an industry built on precision … Read more