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Written by Uwe Trenkner on 2024-10-20 at 06:32

My take: The decline of European car manufacturers will bitterly hurt industrial position, especially Germany‘s.

But it will open up discussion of alternatives to our car-centered transportation system. With much reduced political power of the local automotive industry - including labour unions - the #Verkehrswende (transition of the traffic sector) will accelerate tremendously.

https://www.theguardian.com/business/2024/oct/20/is-china-cannibalising-the-eu-car-industry

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