Germany’s Automakers Being Outpaced By China in 2023
As order books thin and consumer spending power dwindles amid growing inflation, a sense of crisis is creeping throughout the German economy. Germany’s automakers are also facing headwinds, by mounting structural issues in the once-dominant auto industry in China. The shift to electric mobility and self-driving vehicles is raising prices, while the necessary revenues, which … Continue reading Germany’s Automakers Being Outpaced By China in 2023
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