Wednesday July 15, 2020

Bumpy road ahead for the car industry

Contrary to reports, the car isn’t dead – but sales are dropping and manufacturers, especially in Germany, are bracing themselves for huge changes in the sector

8th December, 2019
An assembly line at a Volkswagen factory in Zwickau, Germany: are the world‘s top carmakers facing a tough time ahead? Picture: Bloomberg

The car, it is sometimes said, is on its last lap. From climate change to the diesel-emissions scandal to congestion and changes in urban lifestyles, the motor vehicle has had its day. Proponents of this view are on to something: car sales are falling around the world. Yet predictions of the death of the car are premature. Like the notion of peak oil, it might happen one day, but not yet. What looks more likely...

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