German Car Companies Are Driving the Country Off a Cliff
"Made in Germany" used to mean reliability. Now it means collusion./ The proximate cause of Germany’s recently enhanced international clout has been the presidency of Donald Trump, but its ultimate foundation is the country’s economic strength — and, more specifically, the strength of German car companies. Germany’s has fallen from 7.4 percent to 3.8 percent since 2010, and its middle-class household incomes have seen marked increases in that period, in large part because Daimler, BMW, and Volkswagen, which also comprises the Audi and ...
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