German auto industry in crisis
Production capacities are shrinking, Mercedes' profit will halve
The German automotive industry is in deep crisis. Production capacities are shrinking, and public trust is rapidly eroding. The locomotive of the economy is no longer pulling the train – it itself needs rescuing. According to industry representatives, Mercedes' profits have halved, while BMW is holding up slightly better. Details in the author's column 'Mendeleeva's Table'.
Context
Germany is one of the world's largest car exporters, traditionally playing a key role in the global automotive industry.
Summary:
The German automotive industry is experiencing a crisis, resulting in reduced capacity and declining profits, especially in the case of Mercedes.
- Category: Economy
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- Source: https://t.me/newsby_btrc/183642
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- Published on:
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