> as German Chancellor Friedrich Merz is set to meet the bosses of the country’s carmakers on Thursday in Berlin to discuss the woes of the struggling sector.
Consumers will definitely profit from that, there's no way they will tax Chinese imports even more, no way i tell's ya!
* Failing upwards her protégé von der Leyen to the top of the EU, an incompetent, and unelected nepo-baby
* Forcing Germany and the EU to take in tens of millions (at least) of "refugees" https://en.wikipedia.org/wiki/Wir_schaffen_das ("we can take them", open doors, family "reunification", etc)
* Anti family hard-line feminist
TBF, at the time, I also fell to the propaganda of Merkel being the best and smartest stateswoman ever.
Sure, not everything she did was bad. But her legacy is now Germany's nightmare. And EU's, too. Untangling this mess will be very difficult.
Given that France is also starting to suffer badly, one thing to watch is more and more people demanding a cut to EU budget contributions from these countries. Its like 40 billion EUR worth of net transfers. Could make for explosive politics.
Germany desperately needs a wake-up call in the form of recession.
German car industry has been non-competitive for multiple years now. Instead of letting it fail, the government kept on flushing money down the toilet and prolonging the inevitable.
For a business, there's no incentive anymore to choose Germany over other EU countries. Cheap energy is gone. Germany is literally collapsing under its own weight: endless bureaucratic structures that just keep on growing.
While it may not be intuitive, exports are about 20% of GDP in China and about 42% in Germany so roughly twice as high in Germany. That makes Germany more exposed to global trade disruptions and geopolitical shifts.
A story from a german town:
We have an 200 year old bridge, which can't be used anymore.
It's a small bridge only about 100m long and 5m high i would guess.
The state owned railroad wants to replace it. Everybody agrees. Local people are happy. They simple want to build the new one right next to the old one and then take the old one down.
But still in spite of everybody agreeing it took 20 years!! to get the permit.
They have finally started construction 5 years ago and the costs have doubled multiple times and are now in the hundreds of millions.
They say that hopefully in another 5 years from now they might be finished with construction. For all those years the locals have to take a long detour because the bridge can't be used.
I have recently read how in china they finished the tallest bridge of the world in a 3 year construction and the cost was less than our little bridge here. After hearing about this i realized how doomed we are. We have regulated our selfs into a total standstill. I can understand if we are maybe 10-30% slower due to better environmental protection, but if me are slower and more expensive by a factor 10, then we are just not competitive at all. This reads like satire but it is actually happening.
> But also their cars can cost too much. They're doing a lot of sharing with Ford. Take for example the T7 platform. Why pay VW prices for a Ford?
Do you have more details? From what I gather as an American from 5 minutes of Googling is that Ford sells a van in Europe that's a re-badged VW T7, but it's not like VW is selling Ford stuff.
Sorry, the T7 is actually the multi van now, which is VW based
The old transporter and panels vans were called T6 and this is where confusion lies. None the less, the Transporter etc are Fords.
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[ 2.7 ms ] story [ 39.9 ms ] threadConsumers will definitely profit from that, there's no way they will tax Chinese imports even more, no way i tell's ya!
https://x.com/jasonfurman/status/1971995367202775284
* She inherited a booming economy with very good reforms and plenty of budget surplus
* Let infrastructure to rot
* Energy production cratered and shifted to Russian gas dependency (high profile politicians related) showering Putin with billions every year
* Then tricking Puting to a peace agreement to quietly "rearm" Ukraine to prepare for war (https://en.wikipedia.org/wiki/Minsk_agreements)
* Nuclear reactor dismantling
* Poisoned relationships with peripheral EU countries by forcing her brand of politics
* Persecution of opposition, branding "far right" anything right of center
* Destroying German identity (https://www.youtube.com/watch?v=q8PNgxbTE0o)
* Pushing police state and against free speech
* Failing upwards her protégé von der Leyen to the top of the EU, an incompetent, and unelected nepo-baby
* Forcing Germany and the EU to take in tens of millions (at least) of "refugees" https://en.wikipedia.org/wiki/Wir_schaffen_das ("we can take them", open doors, family "reunification", etc)
* Anti family hard-line feminist
TBF, at the time, I also fell to the propaganda of Merkel being the best and smartest stateswoman ever.
Sure, not everything she did was bad. But her legacy is now Germany's nightmare. And EU's, too. Untangling this mess will be very difficult.
For a business, there's no incentive anymore to choose Germany over other EU countries. Cheap energy is gone. Germany is literally collapsing under its own weight: endless bureaucratic structures that just keep on growing.
Do you have more details? From what I gather as an American from 5 minutes of Googling is that Ford sells a van in Europe that's a re-badged VW T7, but it's not like VW is selling Ford stuff.
Re T naming convention https://en.wikipedia.org/wiki/Volkswagen_Transporter
https://en.wikipedia.org/wiki/Volkswagen_Transporter_(2024) Straight up based on the ford platform Vw Transporter Panel Van £38,620 Ford Ford Transit® Custom £33,350