German FAZ: What future does the German auto industry have? 008613

The automotive industry has hardly any good news in recent months. The industry, which for a long time stood like no other for the performance of the German economy, is in a deep crisis. The electric car, in the development of which manufacturers and suppliers have invested billions, does not run as hoped. This also applies to business in China, where German companies had to record double -digit sales returns last year. In addition, the European Union is once again tightening the limit values ​​for CO2 emissions this year, and manufacturers are at risk of high penalties.
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