That’s really interesting - there is a lot of talk in Germany currently about the crisis in the car industry. And if you take a look, the big german manufacturers like VW, BMW and Mercedes are selling more cars than last year with a bigger market share.
The German car industry is transitioning from ICE to EV and that means building up factories for EVs hiring a lot of people and then firing the ICE workers, when those car sales are going down. That is what is happening right now. They just cry for subsidies and obviously the oil industry is pissed off as well.
That’s really interesting - there is a lot of talk in Germany currently about the crisis in the car industry. And if you take a look, the big german manufacturers like VW, BMW and Mercedes are selling more cars than last year with a bigger market share.
They lost the chinese market to cheaper EVs. It was one of their biggest markets and also the US tarrifs.
Aaaand they also love to complain… always…
The German car industry is transitioning from ICE to EV and that means building up factories for EVs hiring a lot of people and then firing the ICE workers, when those car sales are going down. That is what is happening right now. They just cry for subsidies and obviously the oil industry is pissed off as well.