GERMAN CAR CRISIS: Nightmare for Merkel as diesel ban to see thousands of jobs LOST

GERMAN CAR CRISIS: Nightmare for Merkel as diesel ban to see thousands of jobs LOST
 

Britain's Government this week announced that sales of new petrol and diesel vehicles by 2040.
And France unveiled a similar move earlier this month amid growing momentum to reduce harmful emissions.
But the move is set to hurt Germany's economy, which is heavily reliant on its car industry and one of the biggest exporter of vehicles in the world.
This is because only around 10 per cent of the work force is needed to assemble zero-emmision cars, according to Guy Stephens, technical investment director at Rowan Dartington. 
He said: "Germany accounts for 19 per cent of global car... read more

 
28 July 2017 in Business, Views: 43
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