- Wed Jan 15, 2025 7:37 pm
#82460
That's another year of recession booked, albeit with a marginal contraction.
I am no fan of voxpops, but I recently saw an interview with young, affluent Chinese consumers who referred to German automobiles as "boomer cars" which are driven by their grandparents. That should put a shiver down the industry's spine and the 800,000 employees directly involved in the sector.
A friend of our works at the Arbeitsamt (Job Centre with extras) in Bavaria, and he is seeing new clients wandering in in a steady stream, following redundancy. There are very few 100k jobs to offer them.
I am no fan of voxpops, but I recently saw an interview with young, affluent Chinese consumers who referred to German automobiles as "boomer cars" which are driven by their grandparents. That should put a shiver down the industry's spine and the 800,000 employees directly involved in the sector.
A friend of our works at the Arbeitsamt (Job Centre with extras) in Bavaria, and he is seeing new clients wandering in in a steady stream, following redundancy. There are very few 100k jobs to offer them.