this post was submitted on 06 Sep 2024
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  • 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.
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[–] [email protected] 1 points 2 months ago

Many of their union contracts had per-car metrics. SUVs count as one car but has higher margins.