Germany’s car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. But where is the sector now?
  • Germany’s car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. But things have changed since then.
  • The industry is facing a range of issues, from regulation to macroeconomics, China and EVs.
  • Issues in the automotive sector may also have spill over effects onto the wider German economy, which has been struggling for some time now.
  • yesman@lemmy.worldEnglish
    20·
    2 months ago

    No, it’s stop innovating, build a monopoly, never change. The automotive industry (in Germany and the US) is just blue collar wall st. : too big to fail.

    Stop talking “free markets” when the competition is taxed at 40%