Comment by zerof1l
4 hours ago
Germany desperately needs a wake-up call in the form of recession. German car industry has been non-competitive for multiple years now. Instead of letting it fail, the government kept on flushing money down the toilet and prolonging the inevitable.
For a business, there's no incentive anymore to choose Germany over other EU countries. Cheap energy is gone. Germany is literally collapsing under its own weight: endless bureaucratic structures that just keep on growing.
What metrics are you using to label it as non-competitive?
Cheap russian gas is gone, so now all industry sectors (not only cars) are not as competetive as before.
They are now downsizing, etc in order to save themselves.
Do you know that German car manufacturers have factories worldwide (except Porsche)? And they are still quite profitable.
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