There were many reasons to be concerned about the German auto industry last year. At the auto show in Shanghai in April, German managers were amazed at what solid electric cars the Chinese can now build. In keeping with this came the news that BYD had sold more cars on the largest car market than VW for the first time. Market leadership? There. At the IAA in Munich in the fall, the new competitors from China also showed that they do not want to limit themselves to their home market. The impression was that Chinese electric cars would soon conquer the German market.
This is how the German auto industry is doing – the economy
