Stripped-back motor show mirrors German car industry gloom

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Sverige Nyheter Nyheter

Giants like Mercedes-Benz maker Daimler, BMW and Volkswagen are seeing their engineering advantage and profit margins eroded.

Other heavyweights, like Italian-American Fiat-Chrysler and France's PSA, have also absented themselves, as well as some of the best-known luxury brands.

After years of delay, German manufacturers still lag foreign competitors, like California's Tesla, on the costly research and development for electric alternatives that can score in the mass market. And stablemate Porsche is betting buyers will be prepared to fork out a massive premium over the Californian brand's top models for its new battery-powered Taycan.

The first model based on VW's modular MEB electric platform, ID.3"is almost critical to survival" for the company, said Stefan Bratzel of the Center of Automotive Management.Marchers expected:

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 28. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Numsa and motor industry bosses to meet over deadlockUnion demands a 12% wage hike for workers at petrol stations, car dealerships and component companies, against employers’ proposal of a 5% annual increase for three years
Källa: BDliveSA - 🏆 12. / 63 Läs mer »