The mood in the German automotive industry fell to a new negative record in January 2025, according to the economic institute Ifo. The index dropped from -35 to -40.7 points. The automotive industry is facing a crisis, and its competitive position in the market is under serious threat. Companies in the sector assess their position as weaker than ever, both in the European and global markets, with a loss of ground even in the domestic market due to Chinese competition. The Ifo index, which includes
German car industry’s mood hits record low: Ifo index drops.
