Roberto Abraham Scaruffi: 'Worst Crisis since World War II': German Auto Industry Facing the Abyss

Wednesday 26 November 2008

'Worst Crisis since World War II': German Auto Industry Facing the Abyss

More than 1.5 million workers in Germany depend on the automobile
industry for their jobs. But that industry is now facing one of its
worst crises ever. Respected giants BMW and Mercedes are particularly
exposed as sales plummet.