German Manufacturing Sector's 'Formidable Crash'
This is a Germany news story, published by BBC, that relates primarily to Volkswagen news.
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Beckhoff AutomationBBC
•German manufacturers warn of the sector's 'formidable crash'
79% Informative
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.
VR Score
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