Nothing represents the decline of Germany’s historically dominant vehicle sector as clearly as the troubles facing Volkswagen, one of the pillars that have held up automaking in Germany for decades. Germany has been at the forefront of vehicle innovation in Europe for a long time and was home to the continent’s largest auto industry, but it is now facing headwinds that signal a major decline in German automaking.
It is a clear sign of decline for Germany’s once-mighty auto industry and a warning sign for other carmakers across the EU. Could the struggles being faced by legacy automakers like Volkswagen give startups like Rivian Automotive Inc. (NASDAQ: RIVN) an opportunity to…
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