German car industry issues energy-price warning   ...News

Russia Today - Economy
German car industry issues energy-price warning  
source : Russia Today ( News ) () 58
The country is losing its status as a major production hub due to rising costs, Hildegard Muller says  The future of Germany’s car production is at risk due to “toxic” energy prices, the president of the Association of the Automotive Industry, Hildegard Muller, has warned.    Germany “is losing dramatically its international competitiveness” as the location for the automobile industry because of soaring energy costs, Muller stated in an interview with the head of Microsoft Germany, Marianne Janik, on Monday.    Other countries are becoming more attractive for important industries such as battery or semiconductor m

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