Posted in

The Death of the Cash Cow

Looking at the global automotive market, one conclusion is unavoidable: the end of the combustion engine is nowhere in sight. The ideological crusade against Germany’s industrial backbone has merely led to the slaughter of the country’s automotive cash cows.

The reasons behind the decline of Germany’s automotive industry will remain subject to debate. But one thing is clear: an energy policy detached from economic reality, driven by climate-apocalyptic ambitions, has harmed the industry at least as much as strategic mistakes at the management level.

Share