German FAZ: Kater mood in Autoland009754

For months, the German auto industry has been hoping that it will be relieved at least a bit in the global storm. But instead, it seems that the difficulties pile up. The business figures of the two luxury manufacturers Mercedes and Porsche show little bright spots, and the bosses of both companies made it clear on Wednesday that despite the agreement between Trump and the EU there is no reason to take a deep breath. 15 percent will be due for imports to America in the future. This is less than the 27.5 percent, which has been temporary since April, but significantly more than the level of previous years. In China, the repression competition rages, and in Europe electromobility is still behind previous hopes.
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