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German manufacturers warn of the sector's 'formidable crash'

BBC
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German manufacturers warn of the sector's 'formidable crash' German firms have been hit by a number of problems in recent years .

Many look to China as the key strain, especially on Germany ’s carmakers.

Volkswagen , Germany 's largest private-sector employer, threatening domestic plant closures for the first time in its 87-year history.

There is hope for a positive transformation in the manufacturing sector in the longer term.

However, the shorter-term outlook will continue to be challenging.

In the post-war years , the country proved it had the capacity to produce an economic miracle” against the odds.