German companies, particularly the carmakers, face huge market pressure in China. For years derided as producing cheap, clunky cars, Chinese manufacturers — admittedly heavily supported by the state — ...
The decline in European production is accelerated by a trend known as 'local for local', which sees carmakers, such as German brands, increasingly produce their cars and source their supplies in the ...
Concerned European carmakers are gathering in Brussels this week for talks with the European Union, as officials try to find ...