Germany’s iconic carmakers stuck in “ultimate crisis”
The self-inflicted emissions scandal alone is a huge challenge for Daimler, BMW, Volkswagen and Porsche, write Nikolaus Doll and Philipp Vetter for Die Welt. But the carmakers are also struggling with the shift to electric mobility, the conflict over US tariffs and Brexit, which are slowly amounting to serious problems. “It appears that Germany’s showcase industry is under extreme pressure from all sides.”
Read the article in German here.
For background, read the dossier BMW, Daimler, and VW vow to fight in green transport revolution.