Part 8/9:
The End of an Era for German Automotive Manufacturing?
The long-term outlook for Europe's automotive industry, and particularly the once-mighty German sector, appears precarious. Experts have raised concerns that, should current trends continue, the automotive manufacturing landscape could drastically transform, or even deteriorate to the point of obsolescence in Germany.
Interestingly, major manufacturers like Mercedes-Benz, BMW, and Audi have been vocal against banning Chinese vehicles from the European market, despite the ongoing crisis embroiling their own industry. Their calls for open markets underscore the complexities of a globalized automotive supply chain that they must navigate amidst these dire conditions.