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German industrial output falls to 2005 levels as auto sector craters

ft.com

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Re: German industrial output falls to 2005 levels as auto sector craters

#11

Post by master-lincoln »

MaxPock wrote: post #4

[flagged]

Liberal would mean it's on the car producers to get out of this situation again, but instead the government tries to comfort that industry and financially support them. What about that is liberal? Or maybe you mean something else than what most of the world interprets this word as: https://en.wikipedia.org/wiki/Liberalism

Re: German industrial output falls to 2005 levels as auto sector craters

#12

Post by piva00 »

MaxPock wrote: post #4

[flagged]

I didn't know it was in the liberal agenda to give automanufacturers protectionist mechanisms against competitors making products more aligned with customer demand to artificially prop up a major industry sector.

What kind of liberal are you talking about though? The American version or the European one? They mean very different things.

Re: German industrial output falls to 2005 levels as auto sector craters

#14

Post by lifestyleguru »

luxurytent wrote: post #10

Why is output falling? Are there other countries taking the market share? Or is there more to it?

Other countries like Poland, Czechia, Slovakia "diversified" by pushing into German automotive supply chain and are sinking along Germany. German automotive was so self confident still 15 years ago that you can see this confidence in drivers of their cars until today on roads worldwide.

Re: German industrial output falls to 2005 levels as auto sector craters

#15

Post by icetank »

luxurytent wrote: post #10

Why is output falling? Are there other countries taking the market share? Or is there more to it?

Yes. German car makers have been very dependent on the Chinese market to sell their cars too. Now that China is pushing for domestic electric vehicles, German car makers are falling behind.

Re: German industrial output falls to 2005 levels as auto sector craters

#16

Post by bootsmann »

lifestyleguru wrote: post #13
belter wrote: post #7

They need their own AI bubble... https://x.com/jasonfurman/status/1971995367202775284

Their public media broadcaster has ever increasing and absurd budget, these temporary bubbles are nothing in comparison.

Their _two_ public media broadcasters.

Re: German industrial output falls to 2005 levels as auto sector craters

#17

Post by ifwinterco »

luxurytent wrote: post #10

Why is output falling? Are there other countries taking the market share? Or is there more to it?

A lot of the industrial economy was based on cheap pipeline gas from Russia and there have been some issues with that policy recently

Re: German industrial output falls to 2005 levels as auto sector craters

#19

Post by raverbashing »

LunaSea wrote: post #8
junaru wrote: post #3

> as German Chancellor Friedrich Merz is set to meet the bosses of the country’s carmakers on Thursday in Berlin to discuss the woes of the struggling sector. Consumers will definitely profit from that, there's no way they will tax Chinese imports even more, no way i tell's ya!

They will ask the EU to remove environmental protections like the end of new gas / diesel cars by 2035.

Yeah meanwhile China installs record breaking amounts of Solar and Nuclear

Re: German industrial output falls to 2005 levels as auto sector craters

#20

Post by immibis »

detaro wrote: post #6
MaxPock wrote: post #4

[flagged]

Germanys economic policies really have nothing to do with "liberal agenda".

I guess they're talking about neoliberal, which is completely different from liberal (but overlaps - both liberals and conservatives are neoliberal; actual leftists aren't)
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