this post was submitted on 05 Aug 2023
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[โ€“] bandarawan@lemmygrad.ml 3 points 1 year ago (1 children)

As for your video on "Germany's worst fears are coming true: car brands moving production to China". I think the car sector has it way worse. China is way better at building EV vehicles, which is pushing European companies out of China. German car sales will drop massively.

[โ€“] yogthos@lemmygrad.ml 4 points 1 year ago

Yeah, I saw that domestic cars are have now surpassed foreign sales in China, and I expect the trend will continue. Germany is basically screwed in the near term given that car industry is a huge part of the economy there.