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BMW Job Cuts And The Emerging German-French Industrial Strategy
BMW Job Cuts And The Emerging German-French Industrial Strategy
Submitted by Thomas Kolbe
Will German policy paralysis and French protectionism save Germany’s automakers? Unlikely, since Paris and Berlin are pursuing similar ideological goals. Everything points toward the expansion of a green state-run economy. On that, there is agreement. The concerns of private enterprise are secondary.
Given the dramatic situation, automakers would probably take even the most hopeless escape route in an attempt to escape the downward spiral. This has now also caught up with the previously remarkably resilient BMW Group: Just last...
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