China has BROKEN Volkswagen and Mercedes // German economy is unravelling...
#VW #China #Porshe #Mercedes #Audi #BMW #Germany
Germany is backed into a corner. Their domestically-produced cars are too expensive for European consumption, and their Chinese-made cars are being tariffed too high. Mean while, plants are closing and thousands of workers are being laid off to reduce costs. What's the solution?
https://asia.nikkei.com/Econom....y/Trade-war/German-c
00:00 - China OWNs the European Auto Industry
10:58 - Chinese Domination in USA?
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