Part 1/9:
The Crisis in Germany's Automotive Industry: A Deepening Sentiment of Despair
In recent news, the German automotive industry is grappling with unprecedented challenges, leading to a stark sentiment that has reached a record low. From industry giants such as BMW, Mercedes-Benz, Audi, Porsche, and Volkswagen to major suppliers like Continental, panic mode has seemingly become the mode of operation. The confidence in the industry's future has deteriorated to such an extent that it has led to discussions around the potential collapse of decades-old supply chains and significant job losses.