There might be something to this but Sam Evans has his own agenda imo. Car companies always have trouble with space. So let's spin this the other way.
He neglected to mention the Russian sanctions.
War in Europe.
War in the middle east.
The UK and European economies are a bit sick, as is Aus.
The yanks are doing well but think they are not.
As for China... not a good time to show your rich at the moment, even posh handbags and womens clothes are not PC.
So a new Merc is not a good look in China right now.
So perhaps the Germans do have time, and are efficiently going about their business as usual, and waiting for us to get from 908 cycles to a 1000 or 100% efficient. Das ist goodt.
ADO Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)