Comment by tacker2000
Comment by tacker2000 6 hours ago
Cheap russian gas is gone, so now all industry sectors (not only cars) are not as competetive as before.
They are now downsizing, etc in order to save themselves.
Comment by tacker2000 6 hours ago
Cheap russian gas is gone, so now all industry sectors (not only cars) are not as competetive as before.
They are now downsizing, etc in order to save themselves.
Sure but we are talking about german industrial output, and one of the main reasons for problems here is the absence of the cheap energy that was available until the russian invasion of ukraine.
Do you know that German car manufacturers have factories worldwide (except Porsche)? And they are still quite profitable.