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Made in Germany | The Auto Industry The Motor of the German Economy is Sputtering

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Uploaded by on Nov 28, 2008

Germany's car industry is in crisis: in Wolfsburg, Volkswagen has let temp workers go; BMW has halted production lines in Munich; Daimler in Stuttgart is forcing its staff to take a vacation, and in Rüsselsheim Opel has asked Chancellor Angela Merkel for financial assistance.
Calls for government aid to help automakers develop more fuel-efficient cars are growing. At the moment, most auto industry executives aren't even willing to wager a guess what the year 2009 will bring. But Made in Germany's intrepid Carmen Meyer travelled to southern Germany, the home of Daimler and Porsche, and visited an automotive supplier there. She was also on hand for a speech about the future of the automotive industry by Daimler chairman Dieter Zetsche.

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  • the problem is ford and gm are nearly bankrupt and VW not

  • People which buy american cars are not right in the head, these cars are scrap. Lutz, director of the GM-board said 2005 that customers will buy SUV's regardless if the fuel consumtion is high. He was so wrong. These people have no clou, they speek and produce trash. The workers have to pay the bill now. Europe shows how things have to be done.

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  • This crash of the economy has been planned for a long time. It has been orchestrated to strip us all of our personal identities, freedoms, wealth and happiness. Why? Because the ELITE want it all. They want a One World Government, all people chipped (tracked/controlled) and want complete control over every area of our lives. Forget over priced goods, people will be trading buckets of cash for a loaf of bread. Civil unrest is coming and a complete break in society. Hell is coming, be ready.

  • idiots germans....not caused us too much. Why do not we have anything to as Greeks, we do boycott your products. that referral as products, their prices are too expensive.

  • BUT LIFE IN GERMANY VERY EXPENSIVE AND POOR CANT MAKE HIS SITUATION GOOD

  • @tinramm you do know that the ford escort is designed and produced in cologne do you?

    there is nothing american about it, it was designed by a german

  • @tinramm

    Why should we sell you the good stuff if you pay for the cheap mexican stuff? What else could you expect from a country where people buy lexus?

  • @tinramm

    Why should we sell you the good stuff if you pay for the cheap mexican stuff? What else could you expect from a country where people buy lexus?

  • Yes, the german government gives a lot of taxpayers money in order to keep Opel german factories open, while they close others and fire workers in the rest of Europe (Antwerp, in Belgium, yesterday). This is so "europeanly" supportive!! When the car overproduction is exposed again, we will the reaction of governments

  • tell me another stories

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