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BMW, Mercedes and Volkswagen Could “Disappear” by 2030: the Harsh Warning From Moritz Schularick, German Economist - Hybrids and Electrics
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The German car industry has received one of the toughest warnings of recent years. Moritz Schularick, one of the most influential economists in Germany and president of the prestigious institute 'Kiel Institute for the World Economy', has publicly assured that giants such as BMW, Mercedes-Benz or Volkswagen could cease to exist 'in their present form' before 2030. And his words are generating a huge earthquake within the European automotive sect…
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