EU Economy Watch : News , Updates & Discussions .

Looks like entire Europe is going down the drain. VW shutting down the plants left right and center. Even their Indian JV with Mahindra is not working out. UK, Germany shafting themselves. I think EU may done by this Decade.

A combination of factors including addiction to Putin's Gas and Xi's notes, treating EV as a fad while their own govts subsidize-maxxx it because of their climate religion
 

New car registrations: -18.3% in August 2024; BEV market share down by almost one third​

 
A combination of factors including addiction to Putin's Gas and Xi's notes, treating EV as a fad while their own govts subsidize-maxxx it because of their climate religion

Another fact is Europe is forefront is promoting Diesel cars before Dieselgate. Then it is downward spiral for their automobiles.

But credit needs to be given to companies like Bosch, Valeo. They are forefront in EV tech components. Without China we need to rely on them for our own EVs.
 

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