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Electric cars are selling poorly, and many German manufacturers are still focusing on the combustion engine. The threat from cheaper Chinese competitors is growing. Might this be the death knell of Germany's fabled automobile industry?
Imagine what would happen if Volkswagen goes the way of Nokia
This will benefit workers in the traditional internal combustion engine sector.
Imagine Volkswagen goes the way of Nokia | Business
German car manufacturers and suppliers have been financing the development of new e-car models with profits from the combustion engine business. But this is being cut back more and more. And many fear for their jobs.