- Germany’s car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. But things have changed since then.
- The industry is facing a range of issues, from regulation to macroeconomics, China and EVs.
- Issues in the automotive sector may also have spill over effects onto the wider German economy, which has been struggling for some time now.
That sounds about right. I’m 30+ and I’ve only ever known BMW and Mercedes as unreliable rich people cars. I’m from a lower income town where most people drive more sensible compact Japanese cars. Also American models, but those were always considered less desirable long term. These days you do see a lot of shitty large pick up trucks from the more “affluent families” sadly.