Germany's automotive industry in crisis: Politics are to blame, says trade economist
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Euronews.com
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The IAA Mobility motor show in Munich showcased innovative car models, but the German automotive industry faces a crisis due to competition from China, US tariffs, and political decisions. Bavarian Premier Markus Söder criticized the EU's combustion engine ban, while economist Dr. Martin Braml argues that Germany's issues stem from self-imposed obstacles. He suggests improving business conditions and emphasizes the need for market-driven climate policies. Despite job losses, Germany excels in electric car exports, but production is less complex, leading to fewer jobs. The US tariffs pose a challenge, and the EU's trade negotiations have left Germany at a disadvantage. Teljes cikk (Euronews.com)