Germany’s car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. But where is the sector now?
  • Germany’s car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. But things have changed since then.
  • The industry is facing a range of issues, from regulation to macroeconomics, China and EVs.
  • Issues in the automotive sector may also have spill over effects onto the wider German economy, which has been struggling for some time now.
  • @utopiahEnglish
    3•10 days ago

    Can’t help but wonder what has been the impact of the support, e.g through subsidies, for automaker industry both nationally and internationally.

    We keep on hearing that it’s a huge industry, that it “creates” lots of jobs, that people buy cars from their own country as a form or pride, etc. I bet some of it is true but I also bet the negative impact is not communicated as clearly. Any research on the topic? I imagine it might highlight precisely how the EV transition (which in itself is also problematic due to car usage, battery recycling, etc) has been radically slow down, maybe also public transport usage, CO2 emission, etc. Anyway I’d love to read a paper on the topic.