Perhaps they are taking the opportunity to restructure. They are more than capable of full or almost full automation. So given the excuse to sack workers without interference from unions or Government they can bring costs down and be more competitive with China.
Then presto, look what we can do now! German efficiency, great new products and a luxury brand.
We saved German industry and restored our reputation. Governments will be supportive in the EU as ban on ICE vehicles is fast approaching.
ADO Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
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