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.
Except there are no hills thar to speak of.
“Germany Just Found 43 Million Tons Underground”: Lithium Discovery Makes Tesla Batteries While Russia Loses Energy War Forever – Germany’s Altmark region is set to transform the global energy landscape with the discovery of one of the world’s largest lithium deposits, positioning the nation as a pivotal player in the electric vehicle and battery supply chain.
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 Volkswagen’s electric cars.
The fewest German drivers do, anyway.
Driving on empty: The German government has few options to help an ailing car industry – Economy Minister Robert Habeck will meet with carmakers — but he has few weapons to stave off a car industry crisis.
Threats of historic job cuts and plant closures at German car giant Volkswagen and plunging earnings elsewhere in the industry are prompting Federal Economy Minister Robert Habeck to hold crisis talks on Monday.
But strained federal finances, fights with China over car tariffs and looming EU environmental regulations leave Habeck with few tools to help an industry which is the country’s economic backbone.
That means self-sufficiency.
The Big Dig: Germany reopens its mines in quest for mineral self-sufficiency – Berlin wants to reduce its dependence on China by extracting more critical raw materials, such as fluorspar, at home.
“If we really want a revolution in transport and the resources needed for that, there’s no way around this project.”
He’s bringing more jobs to us here in Germany.
When will the horror ever end?
Tesla Submits Application to Expand German Plant – Tesla has submitted an application to build on a further 100 hectares east of its plant in Germany, expanding the site’s area by a third, local newspaper rbb reported on Thursday, citing the local mayor.
The electric carmaker, which already has 300 hectares of land for its auto factory and battery plant under construction, planned to build a freight station, logistics areas and parking spaces on the additional space, Gruenheide mayor Arne Christiani told RBB.
Shanghai, Germany.
Tesla is expected to start European deliveries of its China-built Model Y SUVs in a few weeks.
The first vehicles will be handed over to customers in Germany in August, the German news agency dpa reported, citing an official Tesla communication.
The vehicles will be exported from Tesla’s factory in Shanghai.
Tesla originally planned to start production of the Model Y in July at its new European factory in Gruenheide near Berlin, with deliveries scheduled to begin in the third quarter, but the plant’s production start has been delayed to the end of this year or early next year.
Too late for the later, I think.
Germany Promises Elon Musk Whatever He Needs For Tesla Berlin Plant – The factory, under construction, would be Tesla’s first European car plant, and could employ an estimated 12,000 people, making as many as 500,000 cars a year. The factory is slated to start production in summer 2021, an aggressive timetable for a car plant…
Locals have complained that trees were cut down for the factory and that it’s being built in a region with scarce water resources, but construction has progressed relatively smoothly so far.
“We are very proud of your car plant in Brandenburg and we wish you good luck with that. You’ll have every assistance you need.”
In a bold move to help the ailing German automobile industry, the German government will be spending billions of euros on subsidies for electric cars most likely manufactured by the American electric vehicle maker Tesla Inc. (Germans don’t do electric cars).
Germany raised the incentives to buy electric cars and cut the sales tax on more fuel-efficient internal combustion engines (ICE), but increased taxes on gas guzzling SUVs and sports cars which will hit the profits of the big auto makers.
„Wumms“ für Tesla und Nel. Geldregen für Wasserstoff und E-Auto – Daimler und Co stehen im Regen.
Observing Hermann 