Europe's energy crisis hits German automotive industry

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#Europe's car manufacturers have been hit by another roadblock. Following logistics backlogs caused by COVID-19 shutdowns and a scarcity of #semiconductors, they must now navigate the complications of rising energy prices and potential power cuts.

#Germany approved a 200-billion-euro (about $199 billion) energy relief package on October 21 to help ease skyrocketing prices for industries and households. This comes as the country's car makers suffer a blow from the ongoing energy crisis.

[willeisinga]

EU has no Gas. EU sanctioned Russian Gas. Result No Gas. Governments can Print Money. But cannot Print Gas.

[isorokuyamamoto]

They need to thank their politicians and EU politicians that got them here. Especially Olaf, Habeck and Ursula...

[moreless]

The German government still conceals Who's blowing up Nord Stream 2?

[oceanwave]

Germany's deindustrialization is really speeding up, due to this crisis (inflation + high energy price). The cost of high salary plus long vacation days was offset by cheap Russian energies, but Germans took it for granted...

[du-me-Utube-]

…but but but, the German Government said the Russia Sanctions was SUPPOSED TO HURT Russia????!!!! 😂😂 How could they LIE????!! 😂

[goodfreelance]

Why are the media silent on who destroyed Nordsteam pipelines
and ask the guilty party to pay for the prices or else sanctions them ;)

[davemorgan]

It should be pointed out that German automakers sell only a relatively small percentage of their cars in Germany itself; 40-50% of their unit sales occur in China and most of these vehicles are also manufactured there.

[victorchew]

To be an ally of the US is dangerous plus fatal. Lesson to be learned.

[martinushardy]

American like to push European manufacturing move to US

[nip-kkq]

Good luck switching to renewable energy for automotive industries. It is better to formally apologise to Russia, compensate Russia for the damages and disruption caused by the west’s sanction, and offer to correct the false representation of Russia by the west’s mainstream media and beg Russia to have the gas delivered to Europe again. And the most importantly, keep the US away from interfering on anything for good.

[RangKlos]

Everyone can clearly see this coming except their leaders.

[charleschaource]

Are there still people who can move around without a car? Or are our legs slowly degenerating, just like our brains?

[PinkR_Tulip]

Ursula Von Der Leyen industrialized the entire EU 👻

[luismoskavicz]

Thanks to Olaf and Ursula and Russia's response to the probocations that Ukraine was looking for and Zelensky motivation, guided by Biden from Washington

[hikefka]

Whatever anything happens, consumers will pay in Europe. 😂

[Selbstversorger-Kanal]

After complete de-industrialization, Germany will probably become farmland again. After all, about 50% of the area is already used for agriculture. I think then significantly fewer people will live there, since many will emigrate.

[djtan]

Lol they bombed yr pipelines, u fools!

[fauziahmohddinmohddin]

JAPAN CAR WILL BE MORE NOW ON THE MARKET .. HYBRID TYPE.

[hamxaameer]

they tough they are sanctioning poor country lol 😅😅

[mudshovel]

Germany will find a way to manage without Russian gas. The amount of work that’s going into this, you’d have to be dumb to think they eventually won’t.