Historic crash: German car industry collapses as Chinese imports and US slump destroy market

[Redaktion]

The German automotive industry is gradually grinding to a halt. The German automotive industry is currently experiencing an unprecedented decline. As a result, the most important export markets and core regions are also being dragged towards the abyss. Bare figures for the past year reveal an unprecedented turning point that poses a massive threat to the survival of the entire industry.

https://www.notebookcheck.net/Historic-crash-German-car-industry-collapses-as-Chinese-imports-and-US-slump-destroy-market.1258707.0.html

[antiBS]

"Journalists" usually go to hell for headlines like this.

[sore losers]

"Journalists" usually go to hell for headlines like this.

1. journalists don't write headlines, editors do.
2. I bet if the headline was about a Chinese or global South country market crash you wouldn't have reacted so emotional or negatively to the headline and would have probably praised it. hypocrite.

[asdfsdaf]

They only had 15 years to go full on EVs...

[Rasec]

China brands are also suffering. 130 chinese brands, only about 30 are economicaly viabre, 100 will disappear until 2030.

[jdrch]

Gotta thank 47 for implementing China's economic plan for them.

Beyond that, no one can match Chinese automakers' SDV (software defined vehicles) value for money proposition. Even Honda admitted that in their most recent quarterly report.

[Frst Class Philip Asshole]

If you're going to gamble you should be prepared to lose.