Ugh — Germany’s Automakers Slow To Respond To Tesla Challenge
Credit to Author: Cynthia Shahan| Date: Sat, 14 Sep 2019 03:47:02 +0000
After growing fat on expanding sales and record profits, the world’s automakers are now facing lean times. The decade-long global economic expansion is running out of gas, and the industry-changing trend of electrification, which automakers happily ignored when the profits were rolling in, now looms as an existential threat
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