German Auto Giants Face Perfect Storm: EU Tariffs, Chinese Slowdown, and Labor Unrest

German car industry and politicians slam EU tariffs on Chinese EVs as Volkswagen and Mercedes struggle with weak China demand and looming strikes. The European Union’s decision to impose tariffs on Chinese electric vehicles has sparked outrage in Germany’s automotive sector. These tariffs range from 17% to 45.3%, with Volkswagen’s Chinese partner SAIC facing a […]

Leave a Reply

Your email address will not be published. Required fields are marked *