The evil has been known for several years, but it is getting worse. In Germany, the big automobile production chains are turning into sub-regime. The transition to electricity has not produced the expected burst, and Chinese brands have meanwhile conquered about 9% of sales in Europe, according to data from Dataforce. Correct vehicles at prices that European manufacturers struggle to compete with. Result: Volkswagen, the leading European manufac…
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Struggling German carmakers are desperately looking for solutions to their underutilized factory capacity, with talk already circulating that Chinese car or arms manufacturers could take over.
The evil has been known for several years, but it is getting worse. In Germany, the big automobile production chains are turning into sub-regime. The transition to electricity has not produced the expected burst, and Chinese brands have meanwhile conquered about 9% of sales in Europe, according to data from Dataforce. Correct vehicles at prices that European manufacturers struggle to compete with. Result: Volkswagen, the leading European manufac…