Berlin Seeks Solutions for German Auto Industry Amid Weak Chinese Demand

Germany's automotive industry faces challenges due to dwindling demand from China. Economy Minister Robert Habeck discusses possible support measures, citing the global economic downturn as a complicating factor. Talks were held with the automobile industry to address structural hurdles for expanding electric mobility.

Germany's automotive sector is grappling with significant issues, primarily stemming from reduced demand in China. Economy Minister Robert Habeck highlighted these concerns on Monday, noting no immediate signs of improvement as Berlin considers measures to aid the struggling industry.

Habeck pointed out that the global economy is experiencing a period of weakness that is particularly problematic for Germany, given its strong export orientation. He made these remarks after discussions with automotive industry leaders aimed at addressing structural challenges to expanding electric vehicle mobility.

Habeck emphasized the importance of tackling these issues to ensure the industry's long-term sustainability and international competitiveness during this phase of economic turbulence.

(With inputs from agencies.)