Business Cycle: Ifo: Mood in the Car Industry Is Slowing Down
17 Articles
17 Articles
The assessment that German companies make of their current state of business worsened substantially, surpassing by the negative the minimums of June and July, which so far marked the lowest level of the year 2026.
The export expectations, which had recently given rise to hope, are now declining dramatically.
The export expectations, which had recently given rise to hope, are now declining dramatically.
The business climate of the automotive industry deteriorated in September. »The automotive industry continues to be in crisis«, says an expert at the ifo Institute.
The German automobile industry deteriorated sharply in September, with the Ifo industry index falling to minus 35 points versus minus 22 in August, with the companies making the most significant assessment of the current state of affairs, as well as the car manufacturers making a worse assessment of the portfolio of orders and the profitability of the business.
According to the Ifo Institute, the business climate index for the automotive industry fell from minus 22 to minus 35 points in September. It goes into the groundless – the crash of the core sector of German industry seems to be no longer to be stopped, no matter how one tries in Berlin, The contribution Ifo index of the automotive industry crashes further down appeared first on Tichy's insight.
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