- 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.
Didn’t the Volkswagen get super popular in part because it was cheap in a bad economy? It wasn’t solely because of Hitler endorsing them, right?
Right. It’s the “People’s car”. The strategy was in the name.