What does it take for Europe's largest economy to reach 'China speed'? | DW Business

German industrial production fell for the third straight month in July. It's the latest news fanning fears of a prolonged downturn in Germany - as companies face high energy prices, sluggish global demand, and a situation in which competitors are now setting benchmarks.
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#germany #industry #china

Пікірлер: 1 300

  • @katrinagarrett9612
    @katrinagarrett96128 ай бұрын

    The U.S. about the deindustrialization of Germany: "Everything is going as planned."

  • @shuli6021

    @shuli6021

    8 ай бұрын

    But DW see China as enemy rather than biggest customer

  • @lembafranck3490

    @lembafranck3490

    8 ай бұрын

    russian troll

  • @rorychivers8769

    @rorychivers8769

    8 ай бұрын

    The Marshall Plan would like a word

  • @lvjinbin28

    @lvjinbin28

    8 ай бұрын

    @@lembafranck3490 it's Russia told USA to sell high price gas like 4 times to EU?

  • @seowkhoontan9534

    @seowkhoontan9534

    8 ай бұрын

    ​@@shuli6021most Western MSMs and nations see China as their enemies instead of their major customers. Former Australia prime minister even mentioned that the US is friend while China is ONLY a customer. When the 'major' customer buying less or stop buying, see what has happened to Australian economy.

  • @speculawyer
    @speculawyer8 ай бұрын

    High energy prices really hurt.

  • @markm.9731

    @markm.9731

    8 ай бұрын

    sanctions are working

  • @rosshilton

    @rosshilton

    8 ай бұрын

    I pointed the impact of this 12 months ago. Germany was buying Russian gas at USD 4 Btu. Japan was paying Australia USD 18 Btu. It was obvious that such a large increase in energy would disrupt manufacturing. Despite this many Germans argued with me, telling me I had no idea, or that Germany would get over it. They won’t. They can’t. It’s over.

  • @sapere7

    @sapere7

    8 ай бұрын

    @@rosshiltonThere are moments in history when an entire people goes into denial. It’s frightening.

  • @merrick6484

    @merrick6484

    8 ай бұрын

    From a South African‘s point of view, the energy price will not come back as cheap as it used to be. Period.

  • @bachvandals3259

    @bachvandals3259

    8 ай бұрын

    ​@@merrick6484SA need to lean on BRICS, the Russian have more than enough fuel, construction goods, food to make sure all peoples of SA are fed, clothed, housed, Russia need to stand up for their brethren too.

  • @user-zz8lb6bd7p
    @user-zz8lb6bd7p8 ай бұрын

    Germany have amazing chemical and electric companies, but they lacked the strategic vision 15 years ago to take the lead. Now they pay the price for their cognitive deficit

  • @randyraudi7725

    @randyraudi7725

    8 ай бұрын

    Actually machines are the biggest share of the export, only China started to export more machines 2 years ago.

  • @alexlo7708

    @alexlo7708

    8 ай бұрын

    No, Germany's chemical industries are less advanced than the US or Japan. Component parts that have rubber or polymer parts in German cars degrade faster than Japan's cars.

  • @lebohang8405

    @lebohang8405

    8 ай бұрын

    Russian sanctions and Ukraine war guys. Everything was fine until they messed with their cheapest energy supplier, period.

  • @klausschumacher7126

    @klausschumacher7126

    8 ай бұрын

    The German chemical industry is active worldwide with production facilities everywhere. If BASF in Germany is doing not well they move the production to China or the USA. It doesn't mean that the quality of the industry is bad it means that it is the results of global business.

  • @user-zz8lb6bd7p

    @user-zz8lb6bd7p

    8 ай бұрын

    I lived in China and saw first hand how they geared up, Europe spent is time from 08 to now focusing on social issues, HGBT, BLM, stop oil, stop nuclear energy, immigration etc that was an active choice. Now the bill is due, China controls future mobility and Europe will produce niche cars to a small %. Hopefully the politicians wake up and start focusing on the future and not long for the past

  • @mikehartman6961
    @mikehartman69618 ай бұрын

    We all want to buy from western auto-makers, but the western auto-makers refuse to build the small affordable cars that are needed. They only want to make bigger and bigger cars every year. They load these overpriced cars with features that will never be used. China will make small cars with a simple radio and a place to plug in your phone. At $15,000 western auto-makers will lose money. If I had the option of buying a cheap electric 2 seat car: I would buy it in a minute. I haven't seen something like that in years. I don't care if it comes from China.

  • @joso7228

    @joso7228

    8 ай бұрын

    Just outsource small car making to Eastern Europe like VW with Skoda and Seat in Czechia and Spain (yes I know).

  • @kingwata1

    @kingwata1

    8 ай бұрын

    Skoda and SEAT are originally Czech and Spain car not Germany. VW is just the owner but not the manufacturers.

  • @tomfu9909

    @tomfu9909

    8 ай бұрын

    @@joso7228 They don't do small cheap cars anymore. Skoda is cutting of their Fabia line due to EU emmison regulations (what an idea to fight emmisions by forcing SUVs to people, huh?).

  • @valkaielod

    @valkaielod

    8 ай бұрын

    ​​@@tomfu9909Renault/Dacia does. It's Spring is actually a car built in China. Sandero is their next small model, I think it's mainly built in Morocco.

  • @merrick6484

    @merrick6484

    8 ай бұрын

    Well, when world economy is good and petrols is cheap, everyone wants a big Merc or BMW. But thing has changed by Ukraine war and trade war against China, these turbulence sliws down world economy and increased in Petrol prices. Small EV cars are the future. No doubt.

  • @sew_gal7340
    @sew_gal73408 ай бұрын

    Once you have visited China and Dubai there is no turning back, the airport in China alone makes NYC look like garbage. The infrastructure in the USA is even more glaring when you compare the two. Couples with high crime, social division, etc we are in a decline state. Hope someday we can get over it and really revitalize our economy and way of life

  • @carlanderson7618

    @carlanderson7618

    8 ай бұрын

    China's and Dubai's "clean" society comes at cost in civil liberties. Moscow under the Soviet rule was also a very clean city. Totalitarian governments like to show off their infrastructure an brag about making the busses run on time. Freedom is hard, chaotic and messy.

  • @user-zp6dz9jw3g

    @user-zp6dz9jw3g

    8 ай бұрын

    @@carlanderson7618你是扛着自由女神像的路障,阻碍大家前行,社会发展!

  • @stvdmc2011

    @stvdmc2011

    8 ай бұрын

    ​@@carlanderson7618I can walk and openly drink a beer in any street or road in china without being accosted or worse arrested by authority, can you?

  • @stvdmc2011

    @stvdmc2011

    8 ай бұрын

    ​@@carlanderson7618and anglo supposedly democratic don't? They not only brag but demand every non white to be like them.

  • @carlanderson7618

    @carlanderson7618

    8 ай бұрын

    @@stvdmc2011 I don't have government authorities randomly coming up a checking what I post on social media, I can criticize my countries leaders past and present and its military, I can post pictures winnie the pooh online I don't have a social credit score like they do in china, I can even talk about the Tiananmen square massacre. I don't need government's permission to have kids. I even have more than one political party to choose from. Enjoy your beer

  • @TechnoViking__
    @TechnoViking__8 ай бұрын

    Looks like Germans never learned the “not to follow someone blindly” lesson.

  • @syproful
    @syproful8 ай бұрын

    Germany has always been sluggish when it comes to development. Many big companies suffer from this. They are stuck in their own corporate structure.

  • @ravenmcclaw1725

    @ravenmcclaw1725

    8 ай бұрын

    Yes but Germany is always been like this, they learn from it and try to improve. Don’t forget, when it comes to the car industry and combust engines, Germany is in this regards the best in the world, it’s hard to switch to a whole new concept, when your whole economy is based on this for nearly 60 years! Germany is still bouncing back, look at other nations, France and Japan in example are changing just now very slowly to EVs, they completely behind.

  • @irvinewayne4086

    @irvinewayne4086

    8 ай бұрын

    thanks to the expensive green

  • @alanssshh

    @alanssshh

    8 ай бұрын

    no no no. the big problem for Germany is she would be American threat to be number one. that's why American blowed up the gas pipeline

  • @danielwhyatt3278

    @danielwhyatt3278

    8 ай бұрын

    I hear that. I mean, just look at how long it took VW to get it's 'i' series of electric cars out the production door and into the hands of consumers. Even though the cars 'are good', it is very disapointing how they went about it and how long it took.

  • @TheOne30264

    @TheOne30264

    8 ай бұрын

    Just pay for more expensive gas and another 10 billion to Ukraine should solve your problem.

  • @pierrefraisse8610
    @pierrefraisse86108 ай бұрын

    When a country that claims to be ecological closes its nuclear power plants to open coal plants, it is better not to try to understand!.

  • @klausschumacher7126

    @klausschumacher7126

    8 ай бұрын

    No need to understand... look at the cost when you remove all powerplants in France and you'll be shocked. Beside this Uranium is not for free and storing the nuclear waste is costly.

  • @davidchou1675

    @davidchou1675

    8 ай бұрын

    Typical Westoid self-righteous hypocrisy: Chinese slave labor is no problem when they profit off of it -- but God forbid those Asiatics should have ambitions for any other kind of life!

  • @pierrefraisse8610

    @pierrefraisse8610

    8 ай бұрын

    These prices are already included in the sale price of KW/H in France. With an intelligent energy policy, old nuclear power plants will be the sites of tomorrow (Thorium).@@klausschumacher7126

  • @Yair44

    @Yair44

    8 ай бұрын

    Germans are a cursed nation, they have only been making wrong decisions for over 100 years. It's better for humanity if they disappear, and may the good Germans who lived in the 19th century forgive me.

  • @Drganguli
    @Drganguli8 ай бұрын

    Germany had a huge competitive advantage due to cheap Russia oil and gas which is gone now. Also shutting nuclear does not help. They are now a pawn in a great power game.

  • @StoicSymphony

    @StoicSymphony

    8 ай бұрын

    Exactly...

  • @rorychivers8769

    @rorychivers8769

    8 ай бұрын

    Well, I'd rather not drive to work on Ukrainian human blood, and neither would any other of the countries Germany exports to, so in the long run, Germany has made a good decision. Never mind that the holy grail for Europe is to completely remove all dependency on oil and gas, Greta didn't get to be famous by accident.

  • @andia968

    @andia968

    8 ай бұрын

    energy prices aint a problem, they can import affordable LNG from USA at friendly ally price

  • @YeMa-ty7qi
    @YeMa-ty7qi8 ай бұрын

    I'm from China, and my parents like German cars so much. Especially my mother, the Mercedes-Benz G has always been her dream car. But I prefer those practical and cool functions, such as autonomous driving, in-situ steering, more screens, and horizontal parking. Fortunately, the wealthiest group is still the elderly, the younger group prefer to buy China EVs or Telsa. I want to buy LiXiang L9 or YangWang U8. If German cars do not make changes to cater to new car buying groups, I predict that German cars will lose the Chinese market in five to ten years.

  • @Olliebobalong

    @Olliebobalong

    8 ай бұрын

    The Germans have quality and durability on their side, something Chinese brands do not have.

  • @YeMa-ty7qi

    @YeMa-ty7qi

    8 ай бұрын

    @@OlliebobalongYes, I know. But I don't care. Because EVs don't have ICE and transmission

  • @Olliebobalong

    @Olliebobalong

    8 ай бұрын

    @@YeMa-ty7qi that’s not the point. The longevity of EVs have yet still to prove themselves against ICE. Batteries are under a lot of stress constantly; sapping 300-500bhp out of them, fast charging, heat cycles etc, and batteries age anyway. German EVs have a 10/15% redundancy in the cells from new. Tesla’s and Chinese brands have something closer to 3/5%, longevity isn’t their concern, they have no loyal fan base built up over decades to cater to. They are very niche still. Porsche, Ford, VW, Peugeot need to ensure their cars last a reasonable amount of time and stressing out vital components in the name of power and range isn’t their priority. A lot more goes into an engineering a car than just the drivetrain. What device do you own that’s more than 10 years old that has a lithium ion battery that’s still working like it did when it was new? Smartphones batteries are exhausted after 2/3 years. Batteries for power tools, vacuums, are similar.

  • @YeMa-ty7qi

    @YeMa-ty7qi

    8 ай бұрын

    @@Olliebobalong What I mean is that EVs avoid competing where German cars have the most advantages, and instead choose to compete on the selling points that young people like. Because at the same cost, the EVs can have more functions inside the car, such as refrigerators, TVs and comfortable seats. Another reason is that EVs are cheaper than gasoline vehicles in China. I don’t know about the situation in Germany, but when I was in the UK last year, the electricity bill was very expensive. This is also a resistance to EVs. As for the battery you mentioned, manufacturers will provide a battery warranty, similar to Apple Care. Personally, I don't like driving. I want L5-level complete autonomous driving, which involves AI and requires collecting a large amount of data to train the model. Telsa does this best.

  • @Olliebobalong

    @Olliebobalong

    8 ай бұрын

    @@YeMa-ty7qi young people, unlike in China, aren’t buying cars as much now. The biggest market are people between 30-65, and unlike China, people in europe, NA and Japan, focus more on efficiency and reliability as oppose to screens and AD, which are seen as gimmicks. 8-10 year battery warranties only guarantee 80% efficiency by that time, but most cars on the road here are over 10 years old, as I mentioned. Electricity price increases have affected most of the west, although stabilising now, there is no country in the world which produces enough electricity to meet future demands of EVs, where everyone has a 7kw home charger, this can double or triple the demand for one households electricity. As mentioned, there is more to engineering a car than the drivetrain. Chinese products generally, let alone EVs, have yet to prove their quality and reliability because currently, they have a poor reputation for such. This is a major factor for western buyers. Time will tell.

  • @chopinmack5418
    @chopinmack54188 ай бұрын

    Tesla started building its Shanghai factory in Jan 2019 and started the assembly lines in Dec. 2019. One million EV's were built between Dec. 2019 to Aug. 2022 . And another one million were built up to early Sept. 2023 . Most of the German Car companies are working together with their China partners at present in this race . BASF Germany energy cost is at least 4-5 times higher than BASF China ! Europe has to find a way to De-risk from the US, in order to stay competitive .

  • @dudermcdudeface3674
    @dudermcdudeface36748 ай бұрын

    Part of it may be shifts in technology. Germany has always been superb at mechanical engineering, but the more the world dives into the esoterica of the electronic world, the more lost German firms seem to become. Especially where software is concerned. Software to a mechanical mind is like the ocean to a mountain goat.

  • @jnfunvufb

    @jnfunvufb

    8 ай бұрын

    To be fair, Germany was strong for B2B software. But their economy has been juiced up by China who has done stealing all the German techs and NOW! China is a competitor to German who cannot compete. German literally chose to euthanize themself for China letting them steal what little German WAS strong.

  • @AP-eh6gr

    @AP-eh6gr

    8 ай бұрын

    This is true. I'm from India and have a childhood friend working in Ingolstadt for Audi/Porsche - and he is a mechanical engineer who writes code for Porsche's latest all electric supercar

  • @junguo3088

    @junguo3088

    8 ай бұрын

    Actually it is not only EV. Common engine car china factory also did a great job.

  • @bigwombat7286

    @bigwombat7286

    8 ай бұрын

    Anyone who dives into the electronic world in Germany is looked at with suspicion and harassed by the authorities.

  • @dudermcdudeface3674

    @dudermcdudeface3674

    8 ай бұрын

    @@bigwombat7286 Germans should explore why they've never been competitive in software. They would learn a lot, and find some key recommendations to improve industry overall.

  • @tasreasfatemsa8266
    @tasreasfatemsa82668 ай бұрын

    W/O Russia cheap energy,German economy has no future.

  • @thegreatdane3627

    @thegreatdane3627

    8 ай бұрын

    don't worry, Norway is taking over. They are already supplying around 40% of Germany's natural gas, and they just approved 19 more oil and gas fields, so more will soon come...😀

  • @tasreasfatemsa8266

    @tasreasfatemsa8266

    8 ай бұрын

    @thegreatdane3627 That's why Norway is richest country in Europe,that's why they don't want to join EU.Poor Germany.

  • @thegreatdane3627

    @thegreatdane3627

    8 ай бұрын

    @@tasreasfatemsa8266 better Norway than russia. At least Norway is a reliable supplier..

  • @JigilJigil

    @JigilJigil

    8 ай бұрын

    OK kremlin bot, say hi to putler for me.

  • @chrischen1178
    @chrischen11788 ай бұрын

    The falling economy of Germany all started from the destruction of the Nord-Stream Pipeline

  • @sidharth6096
    @sidharth60968 ай бұрын

    Hats off to the Chinese. They are doing perfectly with their engineering.

  • @jeungbou

    @jeungbou

    8 ай бұрын

    China is just good at manufacturing. Engineering is still too big of a shoe for them.

  • @xcitemex6353

    @xcitemex6353

    8 ай бұрын

    Yes. anyone else got 5G. Now producing their own 7nm chips When was the last time NASA Astronauts flew to the space station without using China or Russian space craft as their personal Uber drivers?

  • @buravan1512

    @buravan1512

    8 ай бұрын

    ​@@xcitemex6353there's enough space for everyone...

  • @user-dg4sd2rc5w

    @user-dg4sd2rc5w

    8 ай бұрын

    ​@@xcitemex6353they have spacex

  • @max-zo5ew

    @max-zo5ew

    8 ай бұрын

    lol ok CCP paid to comment to make China look good 15% of the cars explode they are Trash and dangerous

  • @killuminati2911
    @killuminati29118 ай бұрын

    Now it shows that the German Economy was kept in place by cheap prices for bargaining with Russia and not for any peculiar intrinsic capability. It was about time

  • @anonymerdude4501

    @anonymerdude4501

    8 ай бұрын

    Yeah of course it was all just because of cheap gas and not because of the excellence of many German brands...XD

  • @lilacer6841

    @lilacer6841

    8 ай бұрын

    ​@@anonymerdude4501brands don't matter if you are not competitive.

  • @The_Ballo

    @The_Ballo

    8 ай бұрын

    @@anonymerdude4501 ...what excellence? German cars aren't known for their reliability.

  • @Alpffine

    @Alpffine

    8 ай бұрын

    Should have annexed Russia then, too bad.

  • @The_Ballo

    @The_Ballo

    8 ай бұрын

    @@Alpffine You might as well said they should have annexed Pluto

  • @hectoralejandro9883
    @hectoralejandro98838 ай бұрын

    You had me in the first half of that opening line 0:00 😂😂😂

  • @thefourthrabbit9516

    @thefourthrabbit9516

    8 ай бұрын

    "Good news about the German economy" I honestly thought this guy is on some drug until he utters the next few words😂

  • @hectoralejandro9883

    @hectoralejandro9883

    8 ай бұрын

    @@thefourthrabbit9516 was it the pause afterwards? For me it was that very intentional pause 🤣

  • @ulfw
    @ulfw8 ай бұрын

    Holger Schmieding gave me the strong impression he is looking for a government job soon. The way how he downplayed all real issues (highest energy prices, companies moving away, China crushing the German car industry, which is only the backbone of industrialised Germany, etc) means I can't take him serious as an Economic advisor but more a government spokesperson. Germany has slept through becoming a serviced based economy. There's almost no tech development, software is not valued and the few Germans who are good at it all work and live abroad. Meanwhile German car manufacturers outsource their software development to the US and India and their hardware development now in parts to China (VW with Xpeng, BMW with Mini) Meanwhile Holger keeps emphasizing how Germany is in a much better shape than almost all other countries. In reality it's the only developed nation in recession.

  • @avirbd

    @avirbd

    7 ай бұрын

    Okay I was not the only one thinking he downplayed hard. Delusional.

  • @mirror452

    @mirror452

    6 ай бұрын

    Plus, the ultimate cope about China supposedly misusing funds. "Yes, their car industry is absolutely crushing the main pillar of our economy, but that's only because they didn't do economics correctly!!1!" :D Absolutely delusional.

  • @Yutani_Crayven

    @Yutani_Crayven

    4 ай бұрын

    I understood his statements to mean the opposite. What he's saying is that energy prices aren't the main factor. It's a scapegoat, an excuse. Instead, it's all the other things that you mentioned. And even if it was energy, it's our fault for becoming dependent on Russian exports, in the first place.

  • @mirror452

    @mirror452

    4 ай бұрын

    @@Yutani_Crayven Not really. It was the US that cut off Europe's energy supplies from Syria, Libya etc, which in turn forced greater reliance on Russia.

  • @nilosantos4862

    @nilosantos4862

    Ай бұрын

    If German energy depends 73 '/, fossil fuel turns car in electric powered will not solve but colapse energy price

  • @pumalee1997
    @pumalee19978 ай бұрын

    Sick man of europe.😭

  • @dwardodwardo643
    @dwardodwardo6438 ай бұрын

    You might have this gentleman on again in a year and have him respond to his predictions.

  • @paulxu9653
    @paulxu96538 ай бұрын

    Germany is becoming the 52nd state of the United States

  • @randomguy7175

    @randomguy7175

    8 ай бұрын

    No

  • @trutharrow5311

    @trutharrow5311

    8 ай бұрын

    Its been occupied by the US since ww2

  • @randomguy7175

    @randomguy7175

    8 ай бұрын

    US is ready to sacrifice Germany for Ukranie... Germany is small price US is ready to sacrifice for Ukranie/US military industrial complex.

  • @JigilJigil

    @JigilJigil

    8 ай бұрын

    A Kremlin bot, posting the same thing under different handles. putler is proud of you.

  • @trutharrow5311

    @trutharrow5311

    8 ай бұрын

    @@JigilJigil any counter arguments you have or just useless rants?

  • @kwokfung5644
    @kwokfung56448 ай бұрын

    German's decline is its own making. Without cheap energy from Russia, manufacturers in Germany have lost their competitive edges.

  • @GwynBleys

    @GwynBleys

    8 ай бұрын

    I cant believe that as EU leader Germany didnt fight for it. If Hungary can do it why couldnt Germany? And its not only the energy it lost but a huge car market in Russia which is beginning to be flooded with Chinese car... Its insane

  • @hhkk6155

    @hhkk6155

    8 ай бұрын

    ​@@GwynBleysbecause Germany is occupied

  • @tomfu9909

    @tomfu9909

    8 ай бұрын

    They don't need cheap energy from Russia. We do have our own sources here in central Europe (coal, uranium). But Germans follow this crazy GW theory and force gas to everyone in change of local coal and nuclear energy. Why? Ask in Berlin.

  • @stvdmc2011

    @stvdmc2011

    8 ай бұрын

    Uncle Sam is holding your balls

  • @Gerrard_Pike2008

    @Gerrard_Pike2008

    8 ай бұрын

    @@GwynBleysand yet they are still pround of being US vassel state...

  • @GdaySport
    @GdaySport8 ай бұрын

    Germany is not alone in finding it difficult to pivot from mechanical engineering to electric innovation - Japan is also in for a nasty shock over the next 5 years and might actually suffer a more dramatic collapse of their automotive industry.

  • @darwintjandrahp7697

    @darwintjandrahp7697

    8 ай бұрын

    Well, japan situation was different, they were forced by "you know who" "Plaza accord" may ring a bell

  • @MrJzplastic

    @MrJzplastic

    8 ай бұрын

    Japan has taken market share in not only the auto sector but the machine tool sector. They pride themselves on quality were as VW has shown to be exercising questionable business practices…

  • @dilucragnvindr130

    @dilucragnvindr130

    8 ай бұрын

    And so what if Germany is not alone? Japan is not an excuse.

  • @obsidianstatue

    @obsidianstatue

    8 ай бұрын

    Germany has done alright compared to Japan, they are the ones really in trouble.

  • @Luis-hq8qv

    @Luis-hq8qv

    8 ай бұрын

    At least Japan is not so hypocritical thinking about saving the world.

  • @rosshilton
    @rosshilton8 ай бұрын

    Some facts that your economist might want to recognise: 1. The collapse of the Germany economy, due to the rise in Chinese manufacturing and the decline in internal combustion car production, has been happening for many years. 2. Germany exported only 2.6 million cars in 2022 (the same as in 1990), whereas car exports consistently exceeded four million from 2007 through to 2017. 3. This decline of the car industry is really hurting Germany. Compared to the Anglo-Saxon economies, a larger share of workers in Germany are employed in manufacturing, with it employing 12% of Germans compared to 8% in the UK and USA. 4. There are more than 700,000 people directly employed in the car industry in Germany, down from more than 830,000 a few years ago. Together with all the suppliers and attached industries, more than three million people in Germany are employed by the automobile industry. This represents some 7% of the total workforce, according to a study from IW Cologne. 5. Manufacturing also represents a much higher percentage of German GDP, 19% compared to 12% in the USA and less than 10% in the UK. Germany is in a far worse situation that it recognises, or wants to recognise. It’s chemical industry is gone due to gas prices. It’s auto industry is going. It’s heavy engineering is going. This is not good.

  • @hape3862

    @hape3862

    8 ай бұрын

    Just google the word "Mittelstand" and "hidden Champions" and you'll see that your analysis of the German economy is as far off as it can be. Our car industry is nice to have (and it will thrive, despite all doomsday prophets!), but our strength is completely elsewhere. By the way: The chemical industry isn't going anywhere, it _branches out_ to other countries, but guess where the profits will go? You may dig as much minerals and energy out of your Australian desert as you want - you will never dig out a Mercedes or Porsche. Look at your shoes: They may have been made in China, but the rubber soles have been made with a German machine (in China). Look at your cellphone: the sensors in it have been made in Germany. Look at your vaccination certificate: the Covid tests have been invented in Germany and the mRNA vaccine _as well_ - Pfizer was only the distribution partner for the Anglo-Saxon area. You can't even imagine how many of your day-to-day products (besides the obvious cars!) are directly or indirectly fueling the German economy and what percentage of your daily expenses are ending up here in Germany. That goes from every screw and dowel in your house to the tools they were put in with when it was built.

  • @davidchou1675

    @davidchou1675

    8 ай бұрын

    Au contraire, das ist ausgezeichnet!! The rapacious West needs to fall for the sake of humanity -- and the sooner the better!!!

  • @datasqlai

    @datasqlai

    8 ай бұрын

    Yes they are in denial mode 😂😂

  • @CM73878

    @CM73878

    8 ай бұрын

    In addition, Germany’s R&D is focussed to a large extent on the car industry, with limited success so far. Investment outside the car industry is low by comparison to other industrialised nations, especially in industries of the future. The whole mentality of Germany seems to be clinging onto the past, now working out what role it should have in the future. It is a sad story.

  • @violaknight1989

    @violaknight1989

    8 ай бұрын

    ​@@datasqlai😊 Also dreaming to eat green ,breath grean, sweat green ,live green ,even if they still produce energy with coal after they closed the last three atomic energy station, even if they have nothing to replace it. It's to much incompetence and lack of knowledge in German Bundestag.

  • @netiturtle
    @netiturtle8 ай бұрын

    Germany has a lot of expertise in mechanical engineering, but todays cars trend toward electric. Less expertise and manufacturing prowess is required on mechanical side of electric cars. Pricing, software, styling, becomes more and more important in this space

  • @merrick6484

    @merrick6484

    8 ай бұрын

    And affordability.

  • @avirbd

    @avirbd

    7 ай бұрын

    True, but as Tesla says, the machine that makes the machine is also very important for affordability, and this used to be a german strength. But what does a good production mean if you don't have a good product to make.

  • @maksimpanteleev5104

    @maksimpanteleev5104

    7 ай бұрын

    Without cheap Russian energy, EU engineering is doomed to lose at least price competition. Both the USA and China. That's why the United States blew up gas pipelines from Russia. Now EU factories are moving to America.

  • @Yutani_Crayven

    @Yutani_Crayven

    4 ай бұрын

    Weight reduction, drivetrain efficiency, battery energy density, parts reduction for more efficient manufacturing are all incredibly important for electric vehicles. There is plenty of engineering to do, even though there are fewer moving parts. It's just focused on different aspects.

  • @seccat
    @seccat8 ай бұрын

    Will not shed a tear for VW's demiss, after years of Diesel Gate emissions

  • @rosshilton

    @rosshilton

    8 ай бұрын

    I am staggered that VW are even allowed to remain in business. It shows the poor attitude of the EU when it puts German cars above the lives of its citizens.

  • @bigwombat7286

    @bigwombat7286

    8 ай бұрын

    US manufacturers were doing the same thing.

  • @Yutani_Crayven

    @Yutani_Crayven

    4 ай бұрын

    I won't shed a tear for them either, after that, and after what they've done to Diess. Diess had the right idea, but it upset the company and so he got demoted. Now they're back to dragging their feet, much like their peers. At least Europe isn't as blind to EVs as Toyota, though. It could always be worse. Not much for hope, though.

  • @ulfpe
    @ulfpe8 ай бұрын

    Who wants a German EV? Expensive and intrusive software control, EXPENSIVE.

  • @horserous
    @horserous8 ай бұрын

    Germany has had a good innings. It grew and grew while China grew. As for the coming years i dont see much happening, this mainly due to the politics you have here. Sure, i have benifited as a foreigner here, but with 60% of my loot going back to government, Germany no longer makes sense. Yes, Im on the ICE now at last, after a terrible evening of DB cancellations for one reason or another.

  • @datasqlai

    @datasqlai

    8 ай бұрын

    DB is just so awful

  • @horserous

    @horserous

    8 ай бұрын

    @@datasqlai and so are 'unauthorized persons' on tracks to be brutally honest.

  • @JahNicoleBah-hz6nm
    @JahNicoleBah-hz6nm8 ай бұрын

    Zelensky is enjoying Germany money .Zelensky want more aid from Germany 😅

  • @rodox2832

    @rodox2832

    8 ай бұрын

    Germoney 💵💵

  • @flemlion13
    @flemlion138 ай бұрын

    That German economist is part of the problem with the attitude that is at the root of the delay by the auto industry and not yet the outlook of them catching up any time soon

  • @theblackpack
    @theblackpack8 ай бұрын

    lmao. They're trying to blame this on FAX MACHINES rather than cutting themselves off from cheap electricity? Whatever you do don't put 2 and 2 together!

  • @thegreatdane3627

    @thegreatdane3627

    8 ай бұрын

    Did Germany have high growth before the sanctions?

  • @theblackpack

    @theblackpack

    8 ай бұрын

    @@thegreatdane3627 No. Did Germany have negative growth before the sanctions? No to that too. Well I hope you people are ready for a decade or more of negative growth. Good luck

  • @thegreatdane3627

    @thegreatdane3627

    8 ай бұрын

    @@theblackpack yes, Germany's economy declined by 5% in 2020. But it is not going to take a decade to fully replace russian energy, that should be done by 2025.. 😀

  • @theblackpack

    @theblackpack

    8 ай бұрын

    @@thegreatdane3627 replace it with what? I don't see Germany building out nuclear, do you? Your military industrial might is declining, there is simply no way you can steal from Africa anymore. What does that leave? Are all of you going to walk around with windmills on your forehead? You're in trouble, and you better stop coping and come to your sober senses soon, or you are finished forever.

  • @Jay-pt9yg

    @Jay-pt9yg

    8 ай бұрын

    Because then it undermines their support foe Ukraine. They're not entirely wrong on the fact that Germany was dragging it feet on digitalization but they won't admit that cheap energy was an extreme benefit for their manufacturing industries. They should be honest with the public and admit that the economic well-being of Germany comes second to defending Ukraine's sovereignty.

  • @99dynasty
    @99dynasty8 ай бұрын

    Japan had/has a similar problem stack: 1) Large firms with aging leaders who lack foresight 2) Large amounts of people who’s skillset is becoming less valuable due to the shift to electric. 3) Lack of disrupter spirit, others work harder and believe in their cause even when it’s hard because they are convinced that they are disrupting something. But when you know that others are penciling in “ your thing “ as the thing targeted for disruption, it’s disempowering. And lastly this is a cultural and psychological thing, government can encourage but absolutely cannot make up the most important component, the thing that lies within.

  • @aquilifergroup

    @aquilifergroup

    8 ай бұрын

    The problem in both nations is the same; they don’t have enough young people to take over when the older boomers retire. Basically, they have more old people than young people. That’s the problem.

  • @merrick6484

    @merrick6484

    8 ай бұрын

    I wouldn‘t say China is a young society like India, but if one looks at the age of these Directors of Chinese EV car companies, then you will wonder how can they be a Director at such a young age. They are fearless and forward thinking, quick to adapt new ideas in this ever changing market.

  • @yuzuki7531

    @yuzuki7531

    8 ай бұрын

    THE DIFFERENCE IS, JAPANS 🎌 ECONOMY IS RISING NOT FALLING, EVEN UP TO 6%… SO WATCH THE NEWS YOU 🤡

  • @ph11p3540

    @ph11p3540

    8 ай бұрын

    ​@@merrick6484 Not true. China's productive population is aging and is already in rapid decline. Their population crisis is less than 10 years away. Japan's productive population decline is already bottomed out and can only increase very slowly. China's strict one child policy is already backfiring on it despite lifting the one child policy back in 2000

  • @gee8883

    @gee8883

    8 ай бұрын

    ​@@ph11p3540one child policy is lifeted in 2015 not in 2000

  • @Vaxeri
    @Vaxeri8 ай бұрын

    Seriously, Germany needs to speed up digitalization. The future of Europe is in trouble if Germans keep stagnating.

  • @merrick6484

    @merrick6484

    8 ай бұрын

    The future of Europe is in trouble if they still think they are superior then Global South.

  • @datasqlai

    @datasqlai

    8 ай бұрын

    The German reduced the digitisation budget by 99%. It is the last thing any wise govt would think to do.

  • @BatCountryAdventures

    @BatCountryAdventures

    8 ай бұрын

    Don't worry! There is still UK, France and Netherlands!

  • @lvjinbin28

    @lvjinbin28

    8 ай бұрын

    it seems most people still don't know what real weakness there, Japan and EU are American internet giants' colony, that's why they can't make smart EV like China, Period.

  • @YoussefAboDahab

    @YoussefAboDahab

    8 ай бұрын

    @@BatCountryAdventures Germany is Europe

  • @4DModding
    @4DModding8 ай бұрын

    sure - BUT If they want to sell in Europe force them to manufacture in EU same as china forces us to make 60% of our products there in order to sell there - This balances the cost competitiveness fast

  • @nobs997

    @nobs997

    8 ай бұрын

    What is the labor cost in China versus in Germany?

  • @jerrytom5841

    @jerrytom5841

    8 ай бұрын

    Chinese auto companies are building factories in Hungary. Mainly sold to EU market

  • @gudnikristinn

    @gudnikristinn

    8 ай бұрын

    ​@@PAAP0CHKAMost countries are slowly catching up to modern standards and getting richer. The market for luxury products keeps growing as more people get richer. Luxury products are not in danger and most luxury brands in Europe are growing. This story is not about luxury cars, but mostly cheap affordable cars, which is a bigger more important market for Germany

  • @kristjanvendelin3566

    @kristjanvendelin3566

    8 ай бұрын

    @@nobs997 Chinese labor cost is similar to Eastern Europe but EU factories have to abide by all kinds of environmental laws

  • @nobs997

    @nobs997

    8 ай бұрын

    @@PAAP0CHKA Can you name the Chinese car brands that are better than the European ones

  • @datasqlai
    @datasqlai8 ай бұрын

    In a country where 80% companies still use fax machines .................. It says a lot about the state and nothing more can be said😂😂

  • @leonardnharu6897
    @leonardnharu68978 ай бұрын

    The Germany councilor looks like a pirate ☠

  • @user-YeQiu

    @user-YeQiu

    8 ай бұрын

    西方人今天的高福利水平是建立的殖民掠夺的基础上,而不是辛勤劳动的基础上。好日子已经让他们忘记了自已是谁!他们本身就是海盗!

  • @crumcon
    @crumcon8 ай бұрын

    Germany's big mistake was to ignore Tesla when they released Model S in 2003. Now Germany is playing catching up to the Americans and the Chinese. I remember established German car makers were even laughing at Tesla and said EV is not a threat to German car industries

  • @calinutzzz

    @calinutzzz

    8 ай бұрын

    Mercedes Group had 9% stake in Tesla in 2009, but the great CEO Dieter Zetsche sold those shares cause they didn't believed in electrification. Nokia history is repeating with German Automotive Industry. They had so many opportunities to catch the trend and they failed. With such an incompetent management, it is like trying to swim with a rock tied to your legs. Now it is too late, as it was also for Nokia. RIP Deutsche Automotive Kartell.

  • @datasqlai

    @datasqlai

    8 ай бұрын

    That's because of ignorance , reluctant and denial attitude. Now they are thinking the same about AI.

  • @fitofito1001

    @fitofito1001

    8 ай бұрын

    Not limited to German. American so called car experts or gurus were all saying Tesla would not survive.

  • @datasqlai

    @datasqlai

    8 ай бұрын

    @@fitofito1001 Americans will print more money.

  • @karl1675

    @karl1675

    8 ай бұрын

    Reminds me of Nokia when iphone was released into the market..

  • @edwinhuang803
    @edwinhuang8038 ай бұрын

    On 3:04, it said 80% of German companies are still using fax machines. I was really surprised by that. Not many companies I know of, which are based in different parts of the world, are still using fax machines. It shows a lot of things.

  • @lmr8277

    @lmr8277

    8 ай бұрын

    Pretty much just germany and japan still use fax

  • @The_Ballo

    @The_Ballo

    8 ай бұрын

    @@lmr8277 LOL! Worse than the US government!

  • @AK-ej5ml
    @AK-ej5ml8 ай бұрын

    A car platform is usually used for 8-10 years and, though the life span for the first generations of electric cars will be less, so its much too early to count out the German manufacturers.

  • @maxkick7656
    @maxkick76568 ай бұрын

    Not surprising, they wanted to hold on their precious combustion engines for too long…

  • @xavierlewis1996
    @xavierlewis19968 ай бұрын

    DW you can actually use one common title for all the coverage about China: Germany and the EU should be worried about anything China does and doesn't do, period.

  • @wedmunds

    @wedmunds

    7 ай бұрын

    Germany is worried, period.

  • @farukzeqiri
    @farukzeqiri8 ай бұрын

    "80% use fax machines" hahahha

  • @abbsgarage.9676
    @abbsgarage.96768 ай бұрын

    German cars for life. Screw those Chinese cars.

  • @jeffransom2977
    @jeffransom29778 ай бұрын

    The Bosch tools I just bought on sale in the USA were the most quiet well designed I have ever seen. These were old also. The battery was good inexpensive. Please make new ones I'll buy em.

  • @alexorehowski3387

    @alexorehowski3387

    8 ай бұрын

    Nothing if you compare to Milwaukee or even dewalt.

  • @everypitchcounts4875

    @everypitchcounts4875

    8 ай бұрын

    Ryobi

  • @vicdor1031
    @vicdor10318 ай бұрын

    Playing jokes on Russia will make you pay a price. Hope you, successors of fascists, will get on the track of deindustrialization and go by it once and for all.

  • @protagonist9716

    @protagonist9716

    8 ай бұрын

    Exactly nothing better than seeing colonial Europe decay day by day

  • @SerginhoPMoura

    @SerginhoPMoura

    8 ай бұрын

    Russia is a joke by itself

  • @JigilJigil

    @JigilJigil

    8 ай бұрын

    OK kremlin bot, say hi to putler for me.

  • @vicdor1031

    @vicdor1031

    8 ай бұрын

    @@JigilJigil Man, I do not know who your "putler" is. But I do know that BASF is already shutting down its fertilizer plants in Ludwigshafen and Thussen Group and Arcelor its steel plants all across Europe. Aluminium production facilities have already been decommissioned. And the process is only beginning. 😄😁

  • @TrainsandRockets
    @TrainsandRockets8 ай бұрын

    1 Mistake Only: Trusting Americans and Fighting their selfish wars which are created by them in the first place. Solution: Forget the past, empathise by why Russia didn't feel safe when Nato decided to put its troops on the Russian border in Ukraine. Talk to Russians and assure them there will not be any American(Nato) weapon or troops on border. Then by gaining that trust, Buy cheap Fuel from Russia and start trade normally. Voilaa' Become stable and prosperous again without pseudo fear of "Russia" as curated by America. By the way I am neither From Russia, nor Europe, nor Africa... its the 3rd person perspective.

  • @stevens1041
    @stevens10418 ай бұрын

    Germany will fix things. No economy can grow fast forever, without some rough patches. That includes China, Germany, France, USA, everyone, every nation ever. The biggest problem in Germany is the very expensive electricity. Its time for an actionable plan to create a stable baseload for industrial applications. That includes next generation nuclear, such as modern reactors, perhaps thorium reactors that some nations are experimenting with.

  • @hape3862

    @hape3862

    8 ай бұрын

    Nonsense. Base load is a buzz word created by monopolist capitalist shareholder-interest-only mega corporations. Rooftop-solar, owned by the home-owner, community-owned wind turbines, city-owned geothermal, farmer-owned bio-gas - all decentralized and highly integrated with a smart grid, that's the future, not unsustainable (needs fuel!), unreliable (ask France!) and expensive (renewables are free!) energy "solutions" from the last century.

  • @Habib_Osman

    @Habib_Osman

    8 ай бұрын

    Germany will fix it indeed. Do you know how? By having crushing inflation numbers the next 30 years. After that, most nations across the world can invest in Germany again, the average german will see themself forced to work 2 jobs and as such increase economic output again. Saved!

  • @hape3862

    @hape3862

    8 ай бұрын

    @@Habib_Osman Tell me more about your malicious fever dreams!

  • @Habib_Osman

    @Habib_Osman

    8 ай бұрын

    @@hape3862And sadly.. these are no fever dreams my friend! Search "poverty Germany".. And you will easilly find many different scientific studies about the massive increase in the amount of impoverished in Germany! I don't blame Germany by the way. It is simply super hard to remain realistic when you're rich! The richer you get, the more deluded you get.

  • @andia968

    @andia968

    8 ай бұрын

    energy prices aint a problem, they can import affordable LNG from USA at friendly ally price

  • @i.c.gflyingchannel9985
    @i.c.gflyingchannel99858 ай бұрын

    Not a single mention of Tesla being the biggest ev maker of the world...

  • @Yutani_Crayven

    @Yutani_Crayven

    4 ай бұрын

    It's because China is a bigger boogeyman that might make it easier for people to take the issue seriously. Shame that this is what's needed, but here we are.

  • @csibesz07
    @csibesz078 ай бұрын

    Tesla already showed us how far behind car manufacturers are. This is particularly true to german production cars.

  • @alexorehowski3387

    @alexorehowski3387

    8 ай бұрын

    A good gas car is by far better than any electric.

  • @songnianzhang366
    @songnianzhang3668 ай бұрын

    Germany -0.5 growth rate vs China 4.5 This is the China speed, lol!

  • @mutkaluikkunen3926

    @mutkaluikkunen3926

    8 ай бұрын

    But that's still a far cry from Chine's double digit growth figures when it rose up from the bottom. This goes to show, that China will be having the more normal growth speeds in the future and is not immune to contraction either. As we can see from the EU's heavy investment in self-sufficiency in some key areas, like the chip production, Europe and the West as a whole has finally woken up to the China -threat properly. There is do doubt many processes in motion behind the scenes to cut down China dependencies even further. I would even go to say, that the golden years of Chinese economy are in the past now.

  • @jay9220
    @jay92208 ай бұрын

    When I followed a business study in the US, they told me how “Disruption” could change the whole industry. Like digital cameras destroyed the Kodak giant at that time. History repeats itself, only time will tell what the future will be. And EV is the future, for sure.

  • @hsingkao2024
    @hsingkao20248 ай бұрын

    His words and smiles are very comforting.

  • @malikjawad1234
    @malikjawad12348 ай бұрын

    It has nothing to do with Chinese car maker or anything else it's to do with pricing just look at the pricing of these German car brands just compare where these cars were 4 years ago and where they are now every other car German are making they want to list 100k+ and for some unknown reason they think people can afford it and will buy it Germany car makers are the only one that should be blamed they left this space where other car makers like kia Renault hyundai have sold more car

  • @bmmilind4333
    @bmmilind43338 ай бұрын

    Europe should ideally revisit their China policies and derisk and diversify their supply chains to democratic nations like India, Vietnam , Indonesia,South Korea ,Japan , Brazil ,Argentina,Mexico ,African nations etc

  • @wedmunds

    @wedmunds

    7 ай бұрын

    That's exactly what the US wants

  • @ska5568
    @ska55688 ай бұрын

    *OPEC SHOULD CUT OUTPUT MORE!!* 😂😂😂

  • @roadtonothingness104
    @roadtonothingness1048 ай бұрын

    Germany and EU is done. With crazy Ursula and all the clown governing EU our future will be extremely grim.

  • @randomguy7175

    @randomguy7175

    8 ай бұрын

    US is ready to sacrifice Germany for Ukranie... Germany is small price US is ready to sacrifice for Ukranie/US military industrial complex.

  • @JigilJigil

    @JigilJigil

    8 ай бұрын

    @@randomguy7175 OK kremlin bot, say hi to putler for me.

  • @roadtonothingness104

    @roadtonothingness104

    8 ай бұрын

    @@JigilJigil if it is a bot, how can it say hi to Putin?

  • @roadtonothingness104

    @roadtonothingness104

    8 ай бұрын

    @@luyaowang7811 where I can move and where I live is my business. Any argument to contribute with?

  • @ericp1139
    @ericp11398 ай бұрын

    Do you have factories that operate 24/7? Do you have workers willing to work 15 hours a day for low wages? Can your legacy autos pivot quickly and adapt?

  • @zzq-gg

    @zzq-gg

    8 ай бұрын

    中国没有一天工作15小时的工人,一个都没

  • @vlhc4642

    @vlhc4642

    8 ай бұрын

    China have more robots per worker than Germany, maybe don't try to ask German workers to compete with Chinese robots.

  • @cholex
    @cholex8 ай бұрын

    The lack of cheap energy that once came from Russia is sinking the German industrial might into to the bottom of the sea.....

  • @mujur9101
    @mujur91018 ай бұрын

    What? Most of German Companies still use Fax Machine? 😮

  • @jonwick7635

    @jonwick7635

    8 ай бұрын

    llooooool

  • @Breaking247
    @Breaking2478 ай бұрын

    Factors such as high energy prices, sluggish global demand, and increased competition setting benchmarks are likely contributing to this decline. It will be crucial for policymakers and businesses to address these challenges and implement strategies to stimulate growth and maintain Germany's position as an industrial powerhouse.

  • @protagonist9716

    @protagonist9716

    8 ай бұрын

    Main perform is energy. Without Russian energy Germany can't grow much.

  • @denisdenisov4036

    @denisdenisov4036

    8 ай бұрын

    No my man It’s that pipeline your friends blown that contributes to it all..

  • @edwardbrown3721

    @edwardbrown3721

    8 ай бұрын

    You just qoted the video

  • @elfboi523

    @elfboi523

    8 ай бұрын

    Growth is almost over. The world has exceeded the global growth limits decades ago, and the global economy will switch to an age of rapid shrinking within the next few decades.

  • @kingwata1

    @kingwata1

    8 ай бұрын

    Follow the US blindly

  • @Kortusmaximus
    @Kortusmaximus8 ай бұрын

    If Chinese Cars are so great why do they Charge so slow?

  • @jetli740

    @jetli740

    8 ай бұрын

    your comment prove you never own any electric car

  • @ivanivanov-qi1el
    @ivanivanov-qi1el8 ай бұрын

    The answer to the quostion of the topic is German economy needs normal trade relations with Russia.

  • @lps8966
    @lps89668 ай бұрын

    Don't worry, US daddy loves you and will save Germany

  • @oddvardmyrnes9040
    @oddvardmyrnes90408 ай бұрын

    Energy price increase is due to sanctions, not Putin! And now BASF is relocating to Lousiana USA due to energy prices. If you don't see who benefits and who pays you must get your head examined.

  • @user-zu5mg1vi6u
    @user-zu5mg1vi6u8 ай бұрын

    With factory output slowing, the loss of jobs, and higher inflation Thats stagflation for Germany....The worst kind of economic damage possible Way to go Baurbock, Sholtz, and Von de crazy

  • @basiwolf9147
    @basiwolf91478 ай бұрын

    Bro that intro killed me

  • @SlimJongUn
    @SlimJongUn8 ай бұрын

    Only thing Germany needs now is a funny mustached man.

  • @steveang6503
    @steveang65038 ай бұрын

    Well let's see in the long run if the heavily subsidized EV industry will pay off or turn out to be another huge bubble.

  • @AORD72

    @AORD72

    8 ай бұрын

    EVs are going to be about 20% of world new car sales this year. Doubt that is a bubble.

  • @-x5858

    @-x5858

    8 ай бұрын

    you are the typical person that likes pretending to be sober.

  • @user-pl5ro1yp2l
    @user-pl5ro1yp2l8 ай бұрын

    The German brand Volkswagen electric vehicle ID3 sells for 120000 yuan (15000 euros) in China. May I ask how much it costs in Germany?

  • @goncalotr

    @goncalotr

    8 ай бұрын

    In Portugal the base model costs 40k, as much as the base M3 which is a better car.

  • @arindamkumar7725
    @arindamkumar77256 ай бұрын

    The way the news reader started, I thought that he was actually going to deliver good news...😂😂😂

  • @vittoriosecreto6346
    @vittoriosecreto63468 ай бұрын

    For a start german politcians could mind german interests instead of american ones ..... 🙂

  • @gluteusmaximus1657
    @gluteusmaximus16578 ай бұрын

    Buying chinese products is cheaper. But how the following years? Spares? Service? Compensation for faulty tech? Disposal of used up goods?

  • @dasgupta9288

    @dasgupta9288

    8 ай бұрын

    The figures Don't lie

  • @JigilJigil

    @JigilJigil

    8 ай бұрын

    Chinese cars are junks, people in China call their own cars coffins with wheels.

  • @ikm64
    @ikm648 ай бұрын

    There is only one thing you need to know about the "public" when it comes to innovation. THERE ARE NO PRIZES FOR SECOND BEST People want the "BEST" phone even if they can never use all the features the "best" phone can offer... The best...do that...and life is by default in the fast lane...

  • @skyworks1621
    @skyworks16218 ай бұрын

    Germany has to counter back and develop next generation diesel/petrol cars and drive itself into wall. The problem you have to earn far less for few years and the slowly growing. But German carmakers cant stop their addiction to old style cars. We could all see what Tesla did in the last 2 years with sales records and now we talk about China. Just too slow. I sad to my parents to buy an ID 4 this year and I did my part.

  • @protagonist9716
    @protagonist97168 ай бұрын

    Zelensky is more important they said

  • @randomguy7175

    @randomguy7175

    8 ай бұрын

    US is ready to sacrifice Germany for Ukranie... Germany is small price US is ready to sacrifice for Ukranie/US military industrial complex.

  • @JigilJigil

    @JigilJigil

    8 ай бұрын

    @@randomguy7175 OK kremlin bot, say hi to putler for me.

  • @mutkaluikkunen3926

    @mutkaluikkunen3926

    8 ай бұрын

    @@randomguy7175 Same botty message repeating in several threads. ruzzkies are getting desperate as their society drifts into deeper and deeper crisis.

  • @silviualbisoru5749
    @silviualbisoru57498 ай бұрын

    Who said that sanctions don’t work? Congrats frau Ursula,Congrats herr Olaf,you did an amazing job.🎉

  • @lepetitroquet9410

    @lepetitroquet9410

    8 ай бұрын

    The automative industry in Russia fell by 50%, but when it's Russia, nobody cares, suddenly it's not an economic catastrophe, it's just a passing thought. Maybe Germany could do just like Russia and have the state put the equivalent of several % of GDP into their war industry ^^, that would boost GDP and I'm certain nobody would see anything wrong with that "growth" at all, just like with Russia ;p.

  • @silviualbisoru5749

    @silviualbisoru5749

    8 ай бұрын

    @@lepetitroquet9410 I believe in Russia it was the western companies that went out of business not the russian industry,they were just replaced by Chinese and Iranian automakers.

  • @lepetitroquet9410

    @lepetitroquet9410

    8 ай бұрын

    @@silviualbisoru5749 And yet, the overall production went down 50%. So those chinese and iranian automakers (mostly chinese let's be honest) are exporting to Russia, but not producing there. If you want to believe in Russia, point out that the ural barrel is now selling at $75. That part is factually in their favor for now. Not sure that there is much else in their favor, but that's something.

  • @paulhingorani4791
    @paulhingorani47918 ай бұрын

    Germany is done and they know it.

  • @MarkStormwind
    @MarkStormwind8 ай бұрын

    Cutting yourself off of cheap energy supply, and 'derisking' from your largest trading partner, I wonder why Germany's economy is in trouble

  • @Andrii87

    @Andrii87

    8 ай бұрын

    Troll detected

  • @VshapeDino

    @VshapeDino

    8 ай бұрын

    ​@@Andrii87 Your time in the sun is over I died last week skin

  • @mutkaluikkunen3926

    @mutkaluikkunen3926

    8 ай бұрын

    There's always some disturbance when big changes happen, but we all know that ruzzia energy was a no-go from the beginning and it's good that Germany got rid of it. Especially after seeing how putler was ready to use it as a weapon. Second, "derisking" from China has to be done and is being done all over the West. You can't be critically dependent on an autocratic country like China. In the best case scenario you don't want to be at all dependent on one and I think that message has slowly started to get through to western decision makers and corporate leaders. But as a I said, big changes like these are slow and not without risk or penalties, but they ARE mandatory.

  • @katrinagarrett9612

    @katrinagarrett9612

    8 ай бұрын

    ​@@Andrii87 Cope more.

  • @yuzuki7531
    @yuzuki75318 ай бұрын

    THE DIFFERENCE IS, JAPANS 🎌 ECONOMY IS RISING NOT FALLING, EVEN UP TO 6%… GERMANY CAN LEARN FROM ASIA.

  • @sonic070

    @sonic070

    8 ай бұрын

    Japans GDP is growing for decades for around 1% per year ....6% maybe in drems :)

  • @gagangurung5297

    @gagangurung5297

    8 ай бұрын

    @@sonic070 thats what you will get for being lap dog

  • @vlhc4642
    @vlhc46427 ай бұрын

    Germany has 83 million people, China have 1.4 billion people, and ratio is even wider when you compare STEM graduates. There was never any competition in speed. Chinese companies can easily find 100 engineers from multiple disciplines to work on 20 project at once, Germany can't, it's that simple. What Germany had was an early start, which they mistaken for competitiveness

  • @ihmpall

    @ihmpall

    6 ай бұрын

    You’ve never worked on an engineering project in your life have you

  • @vlhc4642

    @vlhc4642

    6 ай бұрын

    @@ihmpall lol how old are you kid? I have 6 aerospace engineers working directly under me that I interviewed and hired, why don't you tell me your qualification and I'll see if you qualify.

  • @qilu2004
    @qilu20048 ай бұрын

    it is funny that not until IAA did europeans realize that they have fallen far behind. Actually if any of those excutives went to Shanghai autoshows since 2021, they would have realized that they were far behind. this realization is 2 years overdue.

  • @David-bi6lf
    @David-bi6lf8 ай бұрын

    No thanks I'll take a German produced electric car over a chinese any day. No end of electric cars catching on fire in China, air bags not deploying etc. Fine buy a cheap Chinese phone but not something where poor quality control could kill you.

  • @gamej7946
    @gamej79468 ай бұрын

    The major disadvantage with the German car industry is the cost of production that has become high. Your workers have to get high salaries. And so electric cars that have fewer components are very expensive. A lot of countries will go into electric car production since it is cheaper to make and this will dilute the electric cars. Germans have to bet on the combustion engine to be around.

  • @Dan-Martin

    @Dan-Martin

    8 ай бұрын

    😂 Cheap energy solved this problem

  • @rickertom8122
    @rickertom81228 ай бұрын

    Are you kidding at 3:00 that 80% of German companies still use fax machines?

  • @Habib_Osman

    @Habib_Osman

    8 ай бұрын

    DW inserted a tiny crumb of misdirection and you jumped on it believing yourself to be perceptive.

  • @MeatloafProductionz
    @MeatloafProductionz8 ай бұрын

    Good questioning in this interview

  • @PegasusFleets
    @PegasusFleets8 ай бұрын

    Are there German towns across the planet ? Does Germany want to take as good of care of it's people as China seems to try to ?

  • @Cotswolds1913

    @Cotswolds1913

    8 ай бұрын

    Was this a non-ironic comment?? Because if so it probably takes the cake for most ignorant comment I've heard this year.

  • @rorychivers8769

    @rorychivers8769

    8 ай бұрын

    @@Cotswolds1913 I like it because I have no idea what the persons opinion actually is. It does make you wonder though, what kind of culture would consistently inspire millions of it's own people over the centuries to leave and set up shop elsewhere...

  • @lvjinbin28

    @lvjinbin28

    8 ай бұрын

    @@Cotswolds1913 why ironic?

  • @Cotswolds1913

    @Cotswolds1913

    8 ай бұрын

    @@lvjinbin28 Because China’s governance famously deprioritizes the well-being of its people, versus Germany which if anything would be an exemplar of the opposite.

  • @lvjinbin28

    @lvjinbin28

    8 ай бұрын

    @@Cotswolds1913 China eliminated extreme poverty but India can't, China didn't waste money on wars but USA can't, China doesn't bomb her lifeline but Germany can't, you know why 90% Chinese is supportive to CCP?

  • @peligraso
    @peligraso8 ай бұрын

    Germany is like a sturdy but old fashioned fax machine that doesn’t function in other languages, only in German 😂

  • @datasqlai

    @datasqlai

    8 ай бұрын

    This is hilarious 😂

  • @maximme
    @maximme8 ай бұрын

    BASE gigafactory runs SOLELY on gas. HOW does that change in spring??

  • @jimmylam9846
    @jimmylam98468 ай бұрын

    I was told German companies are still using fax machines daily.

  • @markmcnicholas9475
    @markmcnicholas94758 ай бұрын

    As an Englishman, I am sceptical of Chinese “speed”. Not to mention the coercion to complete sourcing of energy from electricity. But to concentrate on Chinese ev “dominance”, I have NO faith in Chinese build quality in ANY of their products, much less their ev’s. I have never found that the detail demanded by German producers is at any time less than world beating, and if they are seduced from what is the greatest German invention, then internal combustion engine, (and I hope they don’t) I am confident that Germany will produce excellent ev’s, and demolish any lead China may have. I’m sure Germans don’t need me to understand any of this. But I DO want to give my encouragement if it helps. Go Germany 👍🏻

  • @JigilJigil

    @JigilJigil

    8 ай бұрын

    Yes, Chinese EVs quality is their main issue, they are notorious for catching fire.

  • @jerrytom5841

    @jerrytom5841

    8 ай бұрын

    China is currently the world's largest automobile exporter. how do you explain this

  • @hape3862

    @hape3862

    8 ай бұрын

    It is nice to have at least one Brit who has faith in our economy. Let them ring the death bell, we'll come again and "show them what a rake is", as we say (means "who is the boss"). (We are just busy at the moment to re-invent Germany and its energy and industry and even society, but we'll be back at the world stage soon, promised.)

  • @jetli740

    @jetli740

    8 ай бұрын

    greatest German invention -- what the vw emmision chip scandal a few year back? can you remind us what it is about?

  • @jetli740

    @jetli740

    8 ай бұрын

    @@JigilJigil yes they catch fire at the same rate as any other ev.

  • @culturedgator
    @culturedgator8 ай бұрын

    Rant: - Never underestimate your competitors, and even more adversaries, especially when they are cornered (China has been understimated for a very long time, and dismissed, many times because of racist worldview that is obcessed by creating static hierarchies) - Never overestimate your power and capabilities (there is always something to improve, not by overworking your citizens, but by looking higher and better. Minerals and fossils supply chain issues when it comes to dictatorships and human abuse should have triggered EU action very, very long time time, even one little step at a time. But it was just too easy to sit on exploitation and looking the other way around. The reality is when you make your overall system more humanly fair, you add more challenges but you make your system smarter and more resilient. Challenges for the sake of good, in general, is literally how any innovation is made) - Never put all your eggs in the same basket (the interdependence with Russia as noted in the video is a real hard hit, either against German and EU democracy, or against German and EU energy independence. Same for France and franceafrique.) - You best and only productive investement is your population. Anything that slows down, threaten, limits and takes without giving back the education system overall (not only skills training, but also continuous ed, mature people education, back to uni, R&D of course, non-stop education) is a potential vulnerability in your system. EU is still a major sci-tech machine. It needs more support and interconnection with the rest of the ecosystem. Education is vertical, it is also lateral, and it is also fluid.

  • @stevens1041

    @stevens1041

    8 ай бұрын

    Are you German? If you even know only a little bit about German history, its that Germany tended to be pro-China for much of modern history. Even 20 years ago, Germany was one of the earliest investors in Mainland China. So, dunno what you're on about, Germans seem to take China very seriously.

  • @kathev9050
    @kathev90508 ай бұрын

    Dont produce. Consume. America demands it. 👍😂

  • @Rnankn
    @Rnankn8 ай бұрын

    What’s wrong with producing less? How much is needed?

  • @wisetibetanmonkey1624
    @wisetibetanmonkey16248 ай бұрын

    I think someone must be honest and mention having lost the Russian market and oil and gas 👈

  • @Dan-Martin

    @Dan-Martin

    8 ай бұрын

    🤫

  • @michaelopoku4837

    @michaelopoku4837

    8 ай бұрын

    🤫

  • @mutkaluikkunen3926

    @mutkaluikkunen3926

    8 ай бұрын

    ruzzian market wasn't _that_ big for Germany. For example, ruzzia was Germany's 14th most important trading partner by value in 2020. As for the oil and gas, we both know using them was going to stop anyway, no matter the cost. Adjusting to such fast changes in energy market will take time, but once energy production, manufacturing processes and everything else adjusts to the new normal, we come out of it stronger than before.

  • @Dan-Martin

    @Dan-Martin

    8 ай бұрын

    @@mutkaluikkunen3926 He talking about the oil and gas market dummy. Russia was biggest supplier of gas to Germany, cheap gas helps heavy industry remain competitive… hence the loss of cheap gas has hurt German industrial output.

  • @mutkaluikkunen3926

    @mutkaluikkunen3926

    8 ай бұрын

    @@Dan-Martin He was talking about ruzzian market. Learn to read, dummy.

  • @Ziknich
    @Ziknich8 ай бұрын

    Since the pandemic here in Mexico we've seen an increase in the amount of Chinese cars in circulation. They are getting a good hold on the market

  • @hiddenname9809

    @hiddenname9809

    8 ай бұрын

    How's the quality and after-sales service?

  • @Ziknich

    @Ziknich

    8 ай бұрын

    @@hiddenname9809 I have no idea, I've just seen them more and more on the street

  • @naar7192

    @naar7192

    7 ай бұрын

    😂😂😂

  • @Mike_221
    @Mike_2218 ай бұрын

    blame America for blowing up the Nord Stream 2

  • @chengavitch10
    @chengavitch108 ай бұрын

    Germany needs to free itself from foreign military occupation before it can truly reach its potential.

  • @randomguy7175

    @randomguy7175

    8 ай бұрын

    US is ready to sacrifice Germany for Ukranie... Germany is small price US is ready to sacrifice for Ukranie/US military industrial complex.

  • @bigmedge

    @bigmedge

    8 ай бұрын

    Russia hasn’t occupied Germany since 1990 , so there’s no occupation to speak of

  • @gfys756

    @gfys756

    8 ай бұрын

    ​@@bigmedgeThe USA still occupies Germany.

  • @JigilJigil

    @JigilJigil

    8 ай бұрын

    @@randomguy7175 OK kremlin bot, say hi to putler for me.

  • @kabzaify

    @kabzaify

    8 ай бұрын

    @@bigmedgeAmerica never left, since 1944

  • @mirwaismaqsoodi282
    @mirwaismaqsoodi2828 ай бұрын

    They can't reach China in 100 years. German companies are going down. People are not crazy to buy such expensive cars anymore. China has beautiful ev cars now with the lowest prices.

  • @csibesz07
    @csibesz078 ай бұрын

    Most ironic is that german car manufacturers will get their battery from chinese companies...

  • @Gabson9
    @Gabson98 ай бұрын

    To shift into "China speed" you should shift into "china quality control" and "china human resources exploatation".