Germany’s once-dominant automotive industry faces mounting challenges as Chinese electric vehicle manufacturers rapidly expand their global market share. Rising competition from subsidized Chinese brands is squeezing profit margins and forcing German automakers to accelerate costly transitions to electric vehicles. Analysts warn that the shift could leave traditional manufacturers struggling to maintain their technological and cost advantages. The crisis underscores deeper structural vulnerabilities in an industry long seen as the backbone of Germany’s economy.
Germany’s Vaunted Auto Industry in Dire Straits Amid Chinese Surge DER SPIEGEL - The German View
