The EU’s industrial powerhouse is plagued by falling orders and growing production costs Germany’s automobile industry is in decline and the country needs assistance to salvage it, Russian President Vladimir Putin said during a visit to the All-Russia Exhibition Center in Moscow on Thursday. “They are now destroying their auto industry. They need to be helped somehow,” Putin stated in response to a story about Russia’s contribution to the emergence of the automobile industry in Germany. When asked whether the current decline is related to Russians increasingly opting for Chinese cars instead of German ones, Putin
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