BBCNEWS Business Briefing July 14, 2024
The Worlds Largest motor show gets under way today in frankfurt, with all eyes on trade tensions between the us and china. With germanys economy now shrinking, the likes of bmw, vw and daimler will hope that the showcase event can give their brands a much needed turbocharge. According to the european automobile manufacturers association, the Auto Industry provides jobs to 13. 8 million europeans. However, during the first half of 2019, demand for cars across the eu fell by 3. 1 to 8. 2 million. And there are fears that the eu could be dragged into a trade war with the us, after President Trump...