Part 2/9:
According to Automotive News Europe, the sentiment within Germany's automotive sector has never been this dire. Reports indicate a shocking decline in business climate indicators, with the ifo Institute revealing that the climate gauge fell over five points to minus 40.7 in January. Companies are expressing grave concerns about their competitiveness, particularly in relation to rising challenges from the manufacturing powerhouse, China. Even the U.S. market is amplifying these anxieties as Trump's administration suggests imposing new tariffs targeting German car imports.