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Gloomy mood descends on German car industry once again
The mood in the sluggish German car industry is deteriorating again, according to a survey published Munich's Ifo Institute. In July, the institute's indicator for the business climate in the automotive industry fell to minus 18.3 points, down from minus 9.5 points in June.
August06,2024
Study: German car industry faces difficult months after interim high
Germany's automotive industry received a positive assessment of its current situation for the first time since the onset of the coronavirus pandemic, but the recovery is expected to be short-lived, according to the ifo research institute.
December05,2020
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