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GT Voice: SK Auto Sales Highlight Resilience of Asia’s Vehicle Industrial Chain

Summary by Global Times
In the face of the US tariffs on auto imports, the latest sales results from South Korean automakers have drawn significant attention, shedding light on the remarkable resilience of the Asian vehicle industrial chain.

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onetz.deonetz.de
+4 Reposted by 4 other sources

The car industry is in crisis. But an analysis shows that there are problems, especially in Germany and the USA. It is much better elsewhere.

The index for the business climate of the German automotive industry declined again in May 2025. It fell to -31.8 points, after -30.7* in April. "The confusion around the US tariffs makes the car industry in Germany create ", says ifo industry expert Anita Wölfl. {/mprestriction} As in April, the companies rated their current business situation slightly better, although still at a very low level: the indicator rose in May to -35.3 points, from -…

The mood in the German automotive industry deteriorated again in May, as companies grapple with uncertainty over US President Donald Trump's tariff policy. This is according to a survey published today by the Munich-based Ifo economic institute. The automotive sector in Germany is one of the most important industrial sectors. "The chaos surrounding US tariffs is causing problems for the German automotive industry," said Ifo analyst Anita Wölfl. …

·Bratislava Region, Slovakia
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The business climate index for the German automotive industry, measured by the Munich-based Ifo Institute, declined again in May 2025. It fell to -31.8 points, down from -30.7 in April, the institute announced on Tuesday. "The confusion surrounding the US tariffs is causing problems for the German automotive industry," said Ifo industry expert Anita Wölfl. As in April, companies assessed their current business situation somewhat better, albeit s…

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berliner-sonntagsblatt.de broke the news in on Tuesday, June 3, 2025.
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