Situation in German automotive industry worsens: ifo Institute
BERLIN — “The situation in the German automotive industry has worsened,” the ifo Institute said on Thursday, as the institute’s indicator dropped from 17.4 points in October to 9.6 points in November. The downward trend is “primarily due to the situation for suppliers” as the corresponding index plummeted to minus 23.0 points. It stood at … Read more