In 2025, the German auto industry faces a crossroads: on one side, a wave of bankruptcies among Auto Parts supply chain companies, massive layoffs, and weak market demand; on the other side, the EU will begin implementing new carbon emission regulations, with non-compliant companies potentially facing fines of up to 16 billion euros. Industry insiders believe that the current difficulties facing the German auto industry are not insurmountable. How to achieve continuous innovation and efficient collaboration amid market changes and policy drives, and balance short-term interests with long-term development, has become a key factor in determining the future development of the German auto industry. If opportunities for technological innovation can be seized and international market fluctuations effectively addressed, the German auto industry still has the chance to maintain its leading position in the global auto industry competition. (Xinhua News Agency)
十字路口上的转型阵痛——德国汽车工业前景展望
The pain of transformation at the crossroads - Outlook for the German Auto Industry.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.