German Auto Industry's Crisis: A Nokia Moment?
Update: 2025-10-09
Description
German auto giants in crisis! Porsche, BMW, and Mercedes-Benz are losing ground in China to cheaper local EVs, facing trade tensions, and struggling with sluggish European sales. Thousands of jobs are already lost, production is slowing, and a Nokia moment looms. Can government subsidies and strategic pivots save Germany's auto industry and its status as a manufacturing powerhouse, or is this the beginning of a long decline?
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