The future for the backbone of the German economy is looking bleak. A look at the impacts of climate policy on the German car industry.
By AR Göhring at EIKE
(Text translated/edited by P. Gosselin)
Not only at Daimler, Volkswagen and others, but elsewhere the working people have to fear for their jobs after Brussels and Berlin have declared war on Germany’s most important industry. Now the automotive supply chain is also being hard hit.
Berlin, Brussels tighten the screws
The value-adding industry has already been badly shaken by the exaggerated, simply senseless corona measures of the Merkel IV government. Now the Brussels EU government (including former German minister Ursula von der Leyen) are tightening the screws even more as they love to ban internal combustion engines completely. The EU has just tightened the rules for limiting CO2 emissions. Not only the well-known car manufacturers are under pressure, but…
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