Why Europe’s car crisis is mostly made in China | FT #shorts

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Why Europe’s car crisis is mostly made in China | FT #shorts The automotive industry, which employs nearly 14mn people and accounts for 7 per cent of the EU’s GDP, is confronting a perfect storm. Vehicle sales in the region have not recovered to pre-pandemic levels and higher interest rates are depressing demand #cars #autoindustry #europe #carindustry #china #evs #electricvehicle Produced and edited by Paolo Pascual. See if you get the FT for free as a student ( or start a £1 trial: ► Check out our Community tab for more stories: ► Listen to our podcasts: ► Follow us on Instagram:
  2024/11/05      youtube

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