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Historic crash: German car industry collapses as Chinese imports and US slump destroy market
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Historic crash: German car industry collapses as Chinese imports and US slump destroy market
The German automotive industry is gradually grinding to a halt. It is currently experiencing an unprecedented decline. Consequently, its most important export markets and core regions are also being pulled towards the abyss. The bare figures for the past year reveal an unprecedented turning point that poses a massive threat to the survival of the entire industry.
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