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European auto industry in crisis amid Chinese competition

German automakers announce thousands of job cuts.

Published 6sem1 sourceImportantupdated 1sem
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The fact

Sales in China decline, and competition in electric vehicles intensifies.

This crisis threatens the future of the European auto industry.

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Why it matters

L'industrie automobile est un pilier de l'économie européenne, et son déclin pourrait avoir des répercussions majeures sur l'emploi et la compétitivité.

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