Reading time: 7 minutes Sales of cars, especially electric vehicles, are crumbling worldwide. High interest rates, energy costs, wage settlements and inflation in Germany are putting pressure on the results…
Essays
Reading time: 11 minutes The European car industry is in crisis. European industry results in 2023 were record-breaking (Gemini’s analysis). The crisis rears its ugly head: Mercedes sells the silverware…
Reading time: 10 minutes In the past ten years, the mighty German auto industry has made three big mistakes: Diesel, EV (electric vehicles), and China. However, there are a lot…