And voluntarily killing their number one industry in the process.
That’s why.
Why Germany’s auto capitals face financial crisis – The crisis in Germany’s revered car industry is taking a toll on its wealthiest regions — and hitting the pocketbooks of residents.
My government is going to strangle the German car industry slowly, with great care.
And Pleasure.
Germany: Merz pledges to resist 2035 EU electric car switch – Chancellor Friedrich Merz said he would oppose the “hard cutoff” currently planned by the EU, aiming to stop registering new internal combustion engine cars by 2035. The goal was already under review and looking fragile.
At Germany’s automobile industry burial.
Volkswagen AG workers in Germany will pause production on Monday to join rallies about the automaker’s plans for unprecedented factory closures in the country.
Labor leaders plan to inform employees at 11 German sites about the latest on negotiations with the company. The events kick off a contentious week for Europe’s biggest carmaker, which is expected to post declining sales and profit when it reports third-quarter results on Wednesday…
The automaker has had a rough few weeks since it issued its second profit warning in three months in late September. While its premium brands including Audi and Porsche have been the carmaker’s biggest source of profit in recent years, they’re now struggling. Porsche AG on Friday said it’s weighing cost cuts and reviewing its model lineup after a demand slump in China hit its profits.
Nobody wants them.
Tesla is lapping German automakers in the global EV race – even in Germany.
Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.’s dominance. Instead, they’re only falling further behind.
Tesla delivered 889,015 cars in the first half of this year, more electric vehicles than Volkswagen AG, BMW AG, Mercedes-Benz Group AG and Porsche AG sold combined.
And German industry in general. They couldn’t laugh off Tesla. Now the punches are coming in hot and heavy.
Auto
German Industrial Job Losses Top 80,000 With Daimler Cuts – Germany’s economy may have narrowly avoided a recession, but the pressure on the country’s industry shows no sign of abating.
Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000, according to Bloomberg calculations.
Companies from Volkswagen AG to Siemens AG are letting workers go as Germany’s powerful automotive industry struggles with a shift toward electrification and self-driving cars, and makers of machinery and robots are hit by slower exports and trade disputes. Makers of well-known German products such as Meissen porcelain and WMF kitchenware are also trimming their workforce.
Nope. Sadly, chancellor Angela Merkel has just announced that Germany will not be able to reach its goal of having at least 20 e-cars on German roads by the year 2020.
This extremely ambitious goal, mocked from the start by gas-guzzling German automobile experts everywhere (some 97 percent of the German population), has now been scrapped for a more realistic goal of a nice round non-dirty dozen.
Chancellor Angela Merkel said that Germany will likely miss the government’s target of bringing one million electric cars onto the roads by the end of the decade. The sale of electric vehicles (EVs) has remained sluggish in Germany despite discounts introduced last year and granted to buyers of green cars. In 2016, there were less than 80,000 electric cars on German roads. Experts say German consumers remain reluctant to buy EVs because of relatively high prices, limited driving range and restrictions due to the low number of charging stations.
Merkel: Ziel für E-Autos nicht zu schaffen.
But they haven’t figured out how to equip them with diesel emissions test cheating software yet.
The sleazy, crooked, dirtball of a company also hopes to introduce more self-driving vehicles in the near future. If those work out, self-purchasing models will be the next logical step. And after that, who knows? The Welt or something.
Volkswagen unveiled a plan for the next decade containing culture change, as it strives to compete in an industry moving towards e-cars, self-driving systems and on-demand mobility – all while it deals with Dieselgate.
Mit Elektroautos in die Zukunft!
For the climate, I mean.
How piquant or exquisite or unintentionally funny or something. An eco-study by an eco-institute (Öko-Institut) has just found out that eco-cars of the ecolectric kind are not nearly as ecological for the ecology as assumed (is there an eco in here?).
Basing its findings upon the amount of additional electricity these cars will have to use in the future, the study determined that if this energy does not come from renewable energy sources (a most unlikely likelihood at this time, it appears), then this increase in electricity production will actually prove to have a detrimental effect upon the so-called climate balance.
Exhaust or not, it must be clear by now that this subject will never be exhausted.
Als Grund nennt das Öko-Institut die Strommengen, die durch Elektroautos verbraucht werden. Die Klimabilanz wäre nur dann ausgewogen, wenn dafür zusätzliche Mengen erneuerbarer Energie in den Strommarkt eingeführt würden.
Observing Hermann 