It's the expected rebound in industrial production in September. However, it's a rebound which is too weak to mark any turnaround. Instead, even with some cyclical rebound in the making, structural weaknesses will put a lid on German industrial production for a while
The Ifo index increased in October on the back of improving expectations, while the current assessment worsened once again
Extremely disappointing industrial data in August has just increased the risk of yet another quarter of contraction for the German econom
It has been a rocky year for the global car industry – and it's not over yet. US new car sales are slowing, and the European market remains sluggish, but strong demand in China and South America means we still expect slightly higher global annual sales. Meanwhile, carmakers are navigating tough competition on multiple fronts
Tesla's sales of its China-made electric vehicles dropped 49.2% in February from a year earlier to 30,688 cars, the lowest since August 2022, as the U.S. automaker faces pressure from Chinese rivals in a relentless smart EV price war.
