Welding image illustrating car industry

The Weakness of the German Car Industry and its Sectoral and Global Impacts

|
EconPol Policy Brief
| News

A sharp downturn in industrial production in the German car industry in the third quarter 2018 had an immediate impact on its main trading partners and is causing global and sectoral losses. The drop is raising questions about broader economic consequences, say EconPol researchers, who expect German car industry to stay in recession for the near future.