The spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy prices to spiral. The economy of Germany’s biggest trading partner, China, has slowed. And as competitors, Chinese carmakers are proving more than a handful for Europe’s biggest, Volkswagen (VW). Now the apparition looks worryingly solid. “The signs of...
Volkswagen’s woes illustrate Germany’s creeping deindustrialisation
