Germany

[VictorDelta4]

They have shifted it to China.

No not really. Eastern Europe to be precise. China is now pushing back and setting up industries here in Europe to circumvent tariffs on their products.

 

[concard]

No not really. Eastern Europe to be precise. China is now pushing back and setting up industries here in Europe to circumvent tariffs on their products.

German auto industry is toast. China used to be a fall back option when sales in Europe were low, now that is no longer on the table. Not only German brands are slowly getting slaughtered in Chinese market, Chinese are bringing the war closer to home. Like you said they will set up industries in Europe to sell to Europeans. A 180 degree turn on the Europeans. German auto insiders are really one of the arrogant snobs out there. A Daimler board member laughed at Tesla when they entered the German market and praised German car brands.

German automakers who once laughed off Elon Musk are now starting to worry

It wasn't long ago when the German car industry was still laughing out loud about Elon Musk and his Tesla Motors electric car company.

www.latimes.com

They were never prepared for technological transformation of the auto industry. They were always high on diesel and petrol and snorting high bonuses. This is a true Nokia moment for German auto makers. Their survival is literally is in the hands of their government.

 

[VictorDelta4]

They were never prepared for technological transformation of the auto industry. They were always high on diesel and petrol and snorting high bonuses. This is a true Nokia moment for German auto makers. Their survival is literally is in the hands of their government.

Perfectly explained!

 

[Varoon4]

Wasn't there a TBM manufactured in India a few years ago, it was mentioned and pictured on DFI.

 

[ezsasa]

Wasn't there a TBM manufactured in India a few years ago, it was mentioned and pictured on DFI.

the same company Herrenknecht, it's based out of chennai. goyal is saying to his german counterpart, chini blocked export of some important parts for TBM. apparently all active TBMs in the country are from Herrenknecht.

their chennai plant doesn't seem to have manufacturing capacity, as per old videos available on YT.

 

[Varoon4]

3 different Japanese companies manufacture TBMs- Hitachi, Kawasaki and Mitsubishi. One of them must have something India needs, and willing to sell. Don't tell me they all come from China as well

 

[FalconSlayers]

Lmao

View: https://x.com/dwnews/status/1850850703037890780

 

[FalconSlayers]

Wasn't there a TBM manufactured in India a few years ago, it was mentioned and pictured on DFI.

Yes, built by Herrenknecht with 60% localisation. Rest 40% needs to be imported which chinies aren't allowing apparently.






Honestly, Piyush should be more concerned about the likes of BEML or L&T not building them in India with indigenous IPRs despite the fact that we've achieved >60% localisation for HK's TBMs already.

 

[ArjunMK1A]

Yes, built by Herrenknecht with 60% localisation. Rest 40% needs to be imported which chinies aren't allowing apparently.
View attachment 13490





Honestly, Piyush should be more concerned about the likes of BEML or L&T not building them in India with indigenous IPRs despite the fact that we've achieved >60% localisation for HK's TBMs already.

BEML on its website showcase every single construction equipment at its arsenal. But till now never seen an BEML equipment's employed on Road constructions, never seen BEML showroom for selling this products.

MINING & CONSTRUCTION – BEML India

bemlindia.in

Only seen TATA-Hitachi, JCB and other brands like Eicher.

 

[FalconSlayers]

BEML on its website showcase every single construction equipment at its arsenal. But till now never seen an BEML equipment's employed on Road constructions, never seen BEML showroom for selling this products.

MINING & CONSTRUCTION – BEML India

bemlindia.in

Only seen TATA-Hitachi, JCB and other brands like Eicher.

Because they are too busy manufacturing rolling stock. Who do you think makes our Vande Bharat trains and upcoming Indian-made bullet train apart from ICF Chennai? Yes it's BEML .

Let's discuss it in some other thread.

 

[Screambowl]

They were never prepared for technological transformation of the auto industry. They were always high on diesel and petrol and snorting high bonuses. This is a true Nokia moment for German auto makers. Their survival is literally is in the hands of their government.

Perhaps the pressure from oil and gas lobby?

 

[VictorDelta4]

Perhaps the pressure from oil and gas lobby?

Its the Risk averse German mentality.

 

[FalconSlayers]

View: https://x.com/GlobeEyeNews/status/1852002516336025733

 

[Vinash]

Indians in Germany make 2x compared to other foreigners.


View: https://x.com/adam_tooze/status/1853912676499358133

 

[FalconSlayers]

Germany’s economy is on the brink – and a hapless Chancellor Scholz has no answers

Bringing down the governing coalition may be the only way to revive Europe’s economic giant

www.telegraph.co.uk

 

[shade2]

a few years back, there was a diplomatic tiff between germany and turkey, what was the origin of their diplomatic dispute? during the course of time, a diplomatic dispute might take different shape and colour, here i am looking specifically for the origin(some policy or political development).

looking for parallels between GoI's tiff with canada and germany with turkey. (migration, minorities, separatist movement ).

It's the purges of Erdogandu after 2016's alleged military coup in Turkey
He purged all manner of Western chatukars from Turkey, legal, bureaucratic, military etc in the aftermath of the "coup".
Needless to say this triggered Westies

Germany–Turkey relations - Wikipedia

en.wikipedia.org

Since then you have a chronology of dramas including Turkey's RAAAAAAA equivalent harassing/kidnapping/sofwareupdating/murdering anti-Erdogandu Turks who live in Germany and #PhoolSapport by Germany to that one commie Kurd outfit that wants Kurdish areas to secede from Turkey

 

[shade2]

Its the Risk averse German mentality.

Nope, I think they dismissed EVs as a fad and now it's biting them in the ass.

Has happened many times in the past and in different industries.

e.g Nokia with iPhone and smartphones in general
Some monkeys dismissing PCs as impossible and "there will be a world market of 3 computers"
Another suited-booted monkey somewhere thought the Internet was a fad after the dotcom bubble burst.

 

[crazywithmath]

Another suited-booted monkey somewhere thought the Internet was a fad after the dotcom bubble burst.

 

[VictorDelta4]

Nope, I think they dismissed EVs as a fad and now it's biting them in the ass.

There are far more things going on here other than the EV issue that is causing a cumulative effect.

 

[shade2]

I now know why Scholz came here and tried to appease the Goi

Germany's Scholz sacks finance minister as coalition crumbles - Times of India

Europe News: BERLIN: German Chancellor Olaf Scholz sacked his finance minister on Wednesday and said he will hold a parliamentary confidence vote in the government.

timesofindia.indiatimes.com

Germany heads for early elections as Chancellor Scholz’s coalition collapses

Germany faces political crisis as Chancellor Scholz's coalition collapses, paving way for early elections amid economic turmoil.

www.thehindu.com

Economy in the gutter, Companies having to sell out subsidiaries and close factories and now coalition govt collapse with early elections