As a purchaser of numerous German cars over the past 50 years the biggest thing I have noticed is the decline in quality and reliability to the point my last purchase was Japanese.
@JoeHeine2 жыл бұрын
The government getting involved is the prime reason this happened. Along with the "diesel gate" hoax scapegoating Germany yet again. Climate hysteria is a manufactured crisis to impose more taxes and control on the people of the Earth. It is utter non-sense.
@TheWilferch2 жыл бұрын
Exactly....and notice the number of thumbs-up responses here..... BTW....me too, I see the same.
@ducnguyen-iv9px2 жыл бұрын
May be they didn’t it in propice to sell more car parts.
@bingbang33182 жыл бұрын
same
@david43602 жыл бұрын
Exactly thats why i still drive 2004 audi. I just did not find more reliable car.
@nonnoyobisnis87053 жыл бұрын
I once read an article in The Economist which proclaimed: "Germany is like a car that just went over a cliff at 100 mph - soon it will lose altitude" That was in 1986!
@nitinmittal2133 жыл бұрын
The Economist is a British publication!
@AKAHEIZER3 жыл бұрын
"Germany the sick man of Europe." that was in 2000
@nonnoyobisnis87053 жыл бұрын
@@j.f.7509 I, as a german exchange student in Canada, read it in the school library in 1986. That headline has stuck in my head ever since. However, I have no reference. It was an article on how german automanufacturers would be wiped out by the japanese. And actually it did look that way until 1990. Then Europe raised tariffs on foreign cars and also China began to open up (especially to VW).
@AKAHEIZER3 жыл бұрын
" Germany stalls the Euro falls" in 1999
@peterfireflylund3 жыл бұрын
@@AKAHEIZER Germany *was* the sick man of Europe at the time. That was changed by the Hartz reforms under Schroeder... and those reforms are also why he lost the subsequent election.
@findAplaceToCallHome3 жыл бұрын
Working for a German company I can tell you when it comes to digitalisation they are right. Germans don’t spend a penny unless it hits the fan and they have no choice anymore. No such thing as being proactive
@RagingGoblin2 жыл бұрын
I translate: this fits my personal experience. Hence, it surely is a general principle and intrinsic truth.
@JH-zv4vc2 жыл бұрын
Let’s see how digitization keeps homes warm and people fed this winter. Germany has lied down with the WEF globalists and will pay the price.
@alpha-cf2oi2 жыл бұрын
@@RagingGoblin well actually it is u wannabe smartA
@georgeschmall92542 жыл бұрын
@@RagingGoblin a wiseman one said you can have your own truths but you can't have your own facts.
@RagingGoblin2 жыл бұрын
@@georgeschmall9254 True enough.
@NICO129812 жыл бұрын
The automotive industry is essential not only for the Germans, but also for Europe overall. I’m italian and the amount of small/medium sized italian companies who produce components for the german automotive sector is enough to cause a real social economic issue if they had to fail. It’s in part what allows Italy to stay relevant in the eyes of the Germans, as if these companies had to go bankrupt, it would be a real headache to substitute their components in the short term for the German automotive producers.
@realita37022 жыл бұрын
absolutely same in Czech republic / Slovakia
@nerinavshrestha33382 жыл бұрын
We wonder why Russia , USA , UK (winners of world wars ) couldn't become top exporters of automobiles worldwide. On the contrary their world war enemies Germany and Japan are the top exporters . Japan and Germany lost the war, but eventually they won the global car market. A peaceful revenge !
@gajban28162 жыл бұрын
dont you think we can maybe at some point move away from this wasteful industry
@suffeeirshad2 жыл бұрын
The eu was designed by such a way to avoid war. The original design was by the nazis, then forced upon them by the us. Now every german export drive the whole eu. Lack of cheap energy doomed the whole eu unless an alternative source is found
@gabriela3174 Жыл бұрын
internationalist want europe to fail. ww2 who won???
@commanderclueless54563 жыл бұрын
Germany's strength lies in the "small" companies and their innovation.
@MCarrick-ss7xc3 жыл бұрын
Once, America had this,......Once
@aabb-zz9uw3 жыл бұрын
Only 1-2 largest companies called Big Tech can survive globally these days. The time of mechanics and small companies is gone into history books, forever.
@commanderclueless54563 жыл бұрын
@@aabb-zz9uw nope
@BotanyDegreePilkerton3 жыл бұрын
big corp in general are going down, they are unsustainable, unregulated (they audit themselves = are above the law) with their roots in war, big forestry, big mining, big weaponry, big chema, big aggra, big pharma, big oil etc etc etc the future is small, local, building resilience into the lives of our kids, grandkids, each generation is smarter than the previous, we are on our way to enlightenment, holistic [whole]
@commanderclueless54563 жыл бұрын
@@mercy2409 drawing what you wish for I see..
@vacuumfireradio2533 жыл бұрын
Never ask an Economist to predict the future. The past is littered with their empty promises.
@FanBelt3 жыл бұрын
That is so true
@Afrologist3 жыл бұрын
Same with climatologists
@darbyheavey4063 жыл бұрын
The magazine The Economist is not filled with economists.
@George-zd7mu3 жыл бұрын
wise man
@kwokcheongwong44113 жыл бұрын
智者见智。
@glennalexon15303 жыл бұрын
In suggesting the decline of German industry, you confuse market cap with market share. Tech companies have higher market caps because the value of their stocks is more likely to rise, while car companies tend to be steady earners. Neither measure indicates German car sales, or whether they will sell more or fewer cars in the future.
@australianpatriot3 жыл бұрын
They are more likely to rise because the discounted future value represents a high price, they are likely to be bigger in the future and that’s reflected in current pricing
@Balkanin3 жыл бұрын
This.
@monkeydog86813 жыл бұрын
Yeah, market cap is more of a measure of confidence towards the company. I mean there are companies that are undervalued because the market cap doesn't reflect their market share.
@mohd.bid3n6393 жыл бұрын
Perfect analogy my friend, Koreans, Japanese,Indian and Other Asian players have already taken over the market from Germany.
@gustavmeyrink_2.03 жыл бұрын
@@mohd.bid3n639 Korean heavy industry exists because they are buying and operating German machinery.
@ChatGPT-dp3qe Жыл бұрын
I work for German company and when you talk about digitalization and benefits that the company can reap is like you are talking alien language. Germany industry is still living in the 1860 industrialization era and I think their thinking is “if it’s ain’t broke why look for something new?”
@dinglshingle Жыл бұрын
it was very profitable but clearly they have fallen behind in terms of competition
@stevenhombrados15303 жыл бұрын
If Germany’s industry is in trouble, imagine in what state is in the rest of Europe that depends on Germany’s industry!
@lukasstichnoth37393 жыл бұрын
That is what actually going to happen
@marekjaros4163 жыл бұрын
Simplification. Proszę to napisać Proszę to napisać Proszę to napisać
@marekjaros4163 жыл бұрын
@@lukasstichnoth3739 mistake.
@njsfer3 жыл бұрын
They overcome two world wars after much bigger issues than they face now, why would they fall now? Do never understimate the work ethic and intelligence of Germans.
@stevenhombrados15303 жыл бұрын
@@njsfer Work ethics means nothing, against greed. While German know how is planted in China, especially the auto industry, the Chinese will surpasse any German made cars. Then what will the German workers do? Nothing, live off state handouts, and misery.
@sudombd12303 жыл бұрын
Journalists are called professional experts on nothing for a reason.
@toyotaprius793 жыл бұрын
Don't disgrace journalism for the copy&paste jobs in publishers like the Economist. There's a big difference between quality journalism, reporting and advocacy
@sudombd12303 жыл бұрын
@@toyotaprius79 I don't have to. These people do it for all of us.
@Techinvestor5673 жыл бұрын
Why don’t you share an example from this video with us:)
@BlackJesus84633 жыл бұрын
@@toyotaprius79 quality journalism, reporting and advocacy is actually a threat to national security, all of them
@kezdotanulo91603 жыл бұрын
@@Techinvestor567 the whole video iscsn example. Wake up!
@rock3tcatU2333 жыл бұрын
The Economist is a joke, they think that the entire world runs on gimmicky social media companies... Manufacturing and engineering are still the foundation of modern life, Germany will be fine.
@Kactus4793 жыл бұрын
@A L they compare market cap instead of real market shares. Perspective is everything. Most of our economy lies in small to mid sized companies
@bernardmcavoy18643 жыл бұрын
@@Kactus479 Not to mention cheating.
@Kactus4793 жыл бұрын
@@bernardmcavoy1864 *laughs in USA and China*
@shawcobra4 ай бұрын
Are they fine now? VW is on the brink right now
@balachandrakumarcs3845Ай бұрын
Where is your joke now ?
@reziko532 жыл бұрын
This not a report, this is a masterpiece of contemporary journalism.
@BewareOfTheKraut3 жыл бұрын
The backbone of German economy is the Mittelstand, not the car industry. Many hidden champions there who always followed a long term perspective.
@chocolatecreamcat9153 жыл бұрын
hmm...will there be driveless cars 🤔🤔
@BewareOfTheKraut3 жыл бұрын
@@chocolatecreamcat915 The next ten years I don’t think so.
@davidlynch90493 жыл бұрын
Yes, but this will be news to America and many other parts of the world.
@almerindaromeira83523 жыл бұрын
Exactly. German people are very well educated and competent. We also contemplate the future instead of only reacting to the present. Just because Americns set the benchmarks we have to follow (market capitalism), it doesn't mean we are worse off.
@aabb-zz9uw3 жыл бұрын
Mittelstand and hidden champions are of the past,What matter snow is Big Tech. Only 1-2 teracorporations can survive, this is the currrent rule in global economy. Such as Google,Amazon,Facebook,Samsung,TSMC. Especially Samsung which makes many things Germany can't make-not just semiconductors, its main business that feeds a population of 50 millions. All tallest buildings in the world have something Samsung in them,such as hypertensile concrete without which they can't be built. Maersk's icebreaking supertankers are another example of things Samsung can make but Germany's Mittelstand can't. This is simply how the global economy functions.
@TackerTacker3 жыл бұрын
Measuring Germans economic performance based on how many large companies they have is like measuring a marathon runners performance based on how many sprints they've won. Germanys strength is the Mittlestand, medium sized companies that are leaders in their niche markets. I agree that Germany is behind in terms of digitalization. I mean there is software developed in Germany, it just tends to be less flashy, more boring stuff. Things like machine control software, communication, information and planning tools for businesses, database software, security software, etc. I think the silicon valley approach of moving fast by breaking things often and early is not something that fits well with the German culture.
@TackerTacker3 жыл бұрын
@Der Traubengott Germany as a whole is very much behind with digitalization. Everything in Germany still needs a paper trail, you can't do anything digitally with public authorities, the digital infrastructure is a joke compared to other developed countries, schools mostly still use only chalk boards, books, and overhead projectors. I mean we saw how digitally capable Germany is when we needed to switch to home schooling and home office, it was a mess.
@sincity1473 жыл бұрын
Bingo! German culture… and it is been harder for the population/politicians to accept that.
@dt81013 жыл бұрын
@Der Traubengott Its beyond parody that you think the japanese have gone as far as german in terms of digitalization. The Japanese couldn't even get rid of fax machine. the japan government tried to phase fax machines out and cause huge backlash and had to abandon the plan.
@miceatah93593 жыл бұрын
@Der Traubengott we are far behind in terms of digitalization there might be areas where its better but as a while we at least 5 years behind
@tstz73482 жыл бұрын
@@TackerTacker u are just talking about the authtities but the biggest Part of Germany is the Mittelstand and Most of them are Perfect organized and informed about digital skills
@Conservator.3 жыл бұрын
2:47 It’s a bit misleading to give absolute numbers over such a long time period. The German economy has grown too in that period. Therefor it would have been better to show the growth relative to Germany’s total trade. Btw the EU internal market is Germany’s biggest trading partner with 59% of all German exports. Export (not trade) numbers are: 1. United States ($131B), 2. France ($115B), 3. China ($107B), 4. Netherlands ($87.7B)
@effexon3 жыл бұрын
So those billions are that 41%? Just to be clear, when we buy german car as european/EU member(non german citizen though), it counts in that 59%.
@taichifan3 жыл бұрын
The Economist... it’s like BBC, it could be misleading ;))
@chrisdot99143 жыл бұрын
The economist like the BBC is about misleading... Germany is always ahead in green technology and innovation.
@ashu01023 жыл бұрын
I am an indian but when I watch this news I feel that it's mis leading..
@Conservator.3 жыл бұрын
@@effexon No, those billions are total exports. It puts China in third place but the video suggests China comes first but that’s trade, so exports and imports. Exports is however where money is made and therefore imo more relevant.
@ussamanayyer25702 жыл бұрын
I have been living in Germany since 2015…Germany doesn’t like doing flashy things or showing off like Americans or British people…They work smart, hard and in silence…They know their stuff…For dead sure they will overcome theses hurdles as they have been doing for the last decades…!
@trijezdci45883 жыл бұрын
Quite obviously The Economist has lost its edge, especially when it comes to science and technology. How else could they have been fooled to be impressed by a solar panel equipped car and state that this could upend the car industry? One could expect that journalists at The Economist would have looked up Schockley-Queisser-Limit to understand that solar panels on a car cannot possibly be anything more than a PR gimmick. The laws of physics cannot be bent, least of all by marketing.
@argh1001003 жыл бұрын
I don't think an engineering company would be foolish enough to oversee the maximum achievable efficiency of a solar panel. It may be used to increase the working range of an electric powered car. I don't think they meant to present this as an ultimate technological solution, but rather as an example of a company that goes outside the traditional way of thinking of Germany's old companies. Global industries are not going to bring the solutions that solve climate change, they generally benefit from maintaining things the way they are.
@Mike-ox8sq3 жыл бұрын
Agree! Since German auto makers cant offer one single direct injection hydrogen engine based car they, from their titles outlook claim, have NO future at all! Toyota just had a racecar with a direct injection hydrogen engine completing a 24 hour tough endurance race, so seems the future are Japans! (?).
@ijchua3 жыл бұрын
Exactly, I was wondering how solar panels just on the car alone would be able to make a dent in the energy requirements of a vehicle.
@allenyao5523 жыл бұрын
Oh man, this comment concludes this video. I don’t even want to watch it anymore
@trijezdci45883 жыл бұрын
@@argh100100 No it won't. The surface area of a car is so small and the energy requirement to move it is so large that the extra milage is negligent. We are talking about 3-4 kilometres for a full day of parking in the sun under optimal conditions of light and angle and no heavy load nor elevation, and even then it may be less than that.
@georg27403 жыл бұрын
I am German and yes there are huge problems, but in comparison to other countries I think we we aren't doing too badly...
@emanym3 жыл бұрын
I am not German, and I agree.
@thekraken11733 жыл бұрын
You are doing Great.
@dinos96073 жыл бұрын
You have to see it in the long run. Check the demographics. The German economy will be less and less sustainable in the future and this will be visible within the run of this decade.
@dabozzcrg3 жыл бұрын
@Dragon Lee Pretty much to any relevant country there is that has more than 30 million inhabitants.
@gerhardw.9333 жыл бұрын
@@dinos9607 'Sustainable'? Where is any economy in this world 'sustainable?' Even China's economy is not 'sustainable'...Currencies float, markets change, no one ever imagined COVID-19, etc., etc.
@nancychace86193 жыл бұрын
Much respect for Germany. It doesn't sound like their challenges are very different from ours in the US. Perhaps much of this is the times we are in. Best wishes to them in their future endeavors.
@nenmaster52183 жыл бұрын
Yeah, but Cars in themselves are kinda a Problem. Theres many valid reasons to say Humanity should really slowly move away from them.
@sparkles783 жыл бұрын
main challenge USA is having from its deep divide internal politics of racism
@sea29592 жыл бұрын
the lap dogs?
@LinusFeynstein2 жыл бұрын
My best wishes for the USA.
@GermanGreetings2 жыл бұрын
Oh Nancy, thank you so much. I wish the same for you `far West`... We are sailing in hard weathers :)
@deepaksinghalinfo2 жыл бұрын
This is just awesome how experts can predict everything
@ashiola3 жыл бұрын
Oh dear, how shallow. Is the Economist in any way still serious?
@gustavmeyrink_2.03 жыл бұрын
not serious, not relevant
@effexon3 жыл бұрын
@@gustavmeyrink_2.0 DW documentary of same subject? They've made quality docs in youtube.
@gregculverwell3 жыл бұрын
As an outsider I think what they are saying is correct. Germany is sliding backwards. As buyer and operator of industrial machinery and production linee, I have have noticed a big decline in quality and value for money. With the last big project I found that most of the bigger, costly components were actually made in China. So I had bought Chinese quality at German prices. It wasn't a satisfactory experience. The fact is that Germany's obsession with 'green' is driving up cost to uncompetitive levels. As another example of the slide, look at the cars. Before 2000 German cars were relatively expensive to buy but cheap to own. Not anymore - they are notoriously unreliable and lacking in durability. They depreciate to virtually nothing with 8 years. The reason in my opinion? They are cutting every corner they can think of in order to remain relevant. Also pinning your economy on China is suicidal - you are depending on a totalitarian regime who will cut your throat the moment it suits them. I saw that happen to a French company I was working for @ the itme.
@effexon3 жыл бұрын
@@gregculverwell I totally agree on that china part, I've been puzzled since 2015 they started pushing that trade relation more strongly, while it is not substantial part of export, bigger than any other top5 trade partner. And it comes with heavy price of non money kind. But also I've seen poland booming at the expense of german production shifting across border there, causing slow decline whole of 2010s. But this china thing is much worse, it costs time(of communication) and those other things you cannot repair with money. I hope not all german industries and companies have shifted this trendy direction... car industry has been notorious with how much they have lobby and legislation power in germany and whole of europe. Result is stagnant and cheating big companies lagging behind progress demanding always bigger shortcuts and subsidies from government. Some small car companies can be competitive though. It's a shame though that tradition and workmanship is hard to bring back once lost.
@gustavmeyrink_2.03 жыл бұрын
@@gregculverwell Meanwhile according to the OECD the German economy will grow by 4.4% this year while the US, Uk and China will all shrink by 3.6, 5.5 and 5.8% respectively. Yeah must be tough being Germany.
@i.ak.16843 жыл бұрын
It’s hilarious how the climate-change-answer has been reduced to „just make everything electric“ very often. How much it costs to make an electric car, where the electricity comes from and how bad it is for the environment to recycle an electric car.
@genegarren8333 жыл бұрын
Yes you right. However we on this planet have to stop burning so much fossil fuels. So only when the world gears up the same as did the Allies in WW-2 and realize that we all are in this together, will we have a chance to survive. As a proud US citizen and service connected disabled combat veteran I am deeply ashamed how my country has failed to take the lead in this vital undertaking. Our Republican Party has for the most part sold out to the fossil fuel interests, and most Republican voters are climate change deniers due to Fox News and other propaganda. The young people of the world are on the march to a climate energy justice world, but will it happen in time? So we must get past the " negatives" as there is less and less time. We simply have no choice but to move to take fossil fuels out of our lives in all aspects of energy, farming, industry, transportation, no matter how hard it may be. We did it before in WW-2, we can do it again if we have ther resolve to do so.
@George-zd7mu3 жыл бұрын
@@genegarren833 no sense at all
@megapangolin10933 жыл бұрын
The important thing about the marketing of "environmentally friendly" cars is to make them huge SUV's and squawk about how ludicrously fast they accelerate- presumably because if they are very large, heavy, with huge batteries and amazing acceleration they only use electricity which is almost inexhaustible and doesn't harm the planet. We really have got climate change cracked with electric cars and no mistake...
@liberallarry8473 жыл бұрын
Yes coal plants are still a significant source of electricity, but at least a growing portion comes from renewable sources. The same cannot be said for gas powered vehicles. Also electric vehicles use electricity more efficiently than combustion engines use gas. So overall, Even taking into account the high initial carbon cost of manufacturing an electric vehicle, electric vehicles are still significantly better for the environment over their total life cycle. Do you really think someone as smart as Elon Musk who would have overlooked this? The entire Tesla corporation is literally built on the fact that electric vehicles are better for the environment over their total life cycle. Tesla has many enemies. It would've been easy for any of them to pump money into getting the word out that EVs are worse or just as bad. But they haven't. Because they know it isn't true. Do the research. It's well documented at this point.
@mintberrycrunch66572 жыл бұрын
especially if you link the electrification of car to the leasing model which incentivizes short-term posession... can the environnemental investment an electric car represent truly be worthy in 4 years time?
@napmansion3 жыл бұрын
The content bring little information, the narratives are speculative and statements unsupported
@sheikhmuthiah46063 жыл бұрын
That is anti-Human Bloodthirsty Magazine, "The Economist" for you.
@BillLaBrie3 жыл бұрын
Yeah, but we clicked, right?
@noeswantra22953 жыл бұрын
Will you be saying the same if the video is praising China? Judging from your channel :)
@isaiasprestes3 жыл бұрын
@@BillLaBrie I think is important check out what sort of garbage they are selling to people in general. It's part of world understanding. My humble view and praxis.
@Mike-ox8sq3 жыл бұрын
Agree....Since German auto makers cant offer one single direct injection hydrogen engine based car they, from their titles outlook claim, have NO future at all! Toyota just had a racecar with a direct injection hydrogen engine completing a 24 hour tough endurance race, so seems the future are Japans! (?).
@paulbradbury57922 жыл бұрын
From my perspective, German products seem to have a better handle on digital design than other countries. MBUX that I have in my new MB is far better designed and works far better than any other infotainment system in the car industry today including from Tesla
@leisti3 жыл бұрын
The stock video at 10:33, with the green and yellow trams, was taken at the intersection of Mannerheimintie and Kaivokatu, in Helsinki, Finland.
@olehagemann92093 жыл бұрын
Little did I know, how much this Information was needed 😅👍🏼
@petemommo96223 жыл бұрын
Ei hyvänen aika... Well done the Economist. Germany´s economy is strong because they make things you need to make things. They also make things to make things to make things.
@maxeidhof25193 жыл бұрын
I was about to comment this 👍😂
@NeonNion3 жыл бұрын
Quality journalism...
@stefanhertweck3 жыл бұрын
Germany's future is in deed a very, very serious topic ... but this Economist clip is less than mediocre in revealing insights into Germany's dilemma.
@la7dfa3 жыл бұрын
Germany will adapt, but its going to be painful unless you switch to EV & battery production on a mass scale very very soon. In Norway 90% of private cars sold last month were EV or hybrids.
@la7dfa3 жыл бұрын
@ghee cappy If you cant spot a trend like EV deployment, you are completely & utterly blind. I bet your great grandfather was the guy denying cars were the future in 1910...
@thorstent25423 жыл бұрын
@@la7dfa Hello, I'm not shure if you can compare Norway with Germany or a other country wich have not the naturel resourses like Norway. In Norway it makes aktuell sence to use the water and wind power, because you have more than enough. The ironie is: Norway financing all the investments with selling oil, gas, electicity and fish. Think about for example Norway would Stop oil and gas exports, maybe this prices will rise a lot. So billions of people in the world have a reason to find other ways of producing and reducing energy production
@la7dfa3 жыл бұрын
@@thorstent2542 Yes ofcourse we have the best possibillities for hydro and wind in Norway. And yes it is also double standard to produce oil and gas, when it emits CO2. But on the other hand, the world needs time for the transition to renewables. Germany have done an amazing job switching into solar and wind, but you really should also be using nuclear power to get rid of all coal burning power plants. Coal does not only emit CO2, but also shorten life expectancy more than people realize. I hope Norway can deploy storage of CO2 into the old oil and gas shales. We need to use most methods to keep CO2 at a reasonable level. One big hurdle is the power demand in the World will probably double over the next decades.
@abcxyzsven3 жыл бұрын
@@la7dfa I think the switch to battery is already on going in Germany. All car manufacturers will not need as many plants as they have now, therefore they are changing a few of them into battery productions. Furthermore they are buying start-ups for innovation, Germany is one of the biggest investors in R&D worldwide and is sitting on one of the largest lithium deposits in the world (enough for about 400 million EVs). So I think the future might be promising, if the steps we take now are the right ones. But some new high tech/it startups wouldn't hurt ;)
@JackAkaJCK3 жыл бұрын
As long as Porsche doesn't work on extrem heavy cars named after animals. Everything should be OK
@brodalf49693 жыл бұрын
I Like your Nickname together with your comment.
@JackAkaJCK3 жыл бұрын
@@brodalf4969 thx you
@shanghai723 жыл бұрын
To be more precise big wildcats
@tonisukles8583 жыл бұрын
@@shanghai72 Or some long trunked tusky fellows.
@nobodynoname60623 жыл бұрын
These days we have Rheinmetall and Krauss-Maffei-Wegmann for extreme offroad mobility.
@genekelly84672 жыл бұрын
Germany has many strengths...but the insane idea that renewable energy can power a modern manufacturing country will hurt them. Closing down 8 nuclear power plants was a huge mistake. As for German cars-they are very complex and such complexity increases the failure rate. Diagnosing trouble codes is very difficult and time consuming-and repairs on German cars cost a fortune.
@portzir3 жыл бұрын
It's the first time I heard from a bigger media regarding this BIG problem. Of course it's not coming from the inside but from outside. The world will be fully digitalized rather sooner then later and Germany IS falling behind on this. We were and we are still a global player but we will fall behind incredibly fast if the governance is not reacting faster. The lack of digital infrastructure is frustrating so see as a young person. Many big brains here will consider leaving the country for a more progressive work climate.
@svenbender57743 жыл бұрын
lol. Glaubt denn einer wie du, schnelles oder langsames Internet hat irgendwelche Auswirkungen auf einen globalen Handel. Glaubst du Hunderstelsekunden haben Auswirkungen auf irgendwelche globale Kaufentscheidungen. Das interessiert vielleicht dich, weil du nicht mal mehr eine Sekunde auf ein unwichtiges Video im Internet warten kannst, aber die Wirtschaft interessiert das 0. So einen Mist machen euch die deutschen Politiker vor, "Ja, das größte Problem ist die Digitalisierung in diesem Land." Wo ist denn das digitale Problem? Etwa 5G?Wirtschaft, auch die globale Weltwirtschaft, basiert immer noch auf Geld und nicht auf Computer-Bits and Bytes. Und wer sind denn deiner Meinung nach die "big brains"? irgendwelche klima-Aktivisten? Oder unterdurchschnittliche Software-Ingenieure mit Bachelor von Unis auf die sie gar nicht gehören? Du kannst dir sicher sein, dass die besten Ingenieure, Software-Entwickler, usw. bei deutschen Unternehmen bleiben. Nur der Ausschuss muss gehen und das ist auch gut so, weil die braucht niemand. Leider sind heute mind. 50% der "Uni-Absolventen" nicht mal mehr auf ehemaligem Abiturs-Niveau und wenn die gehen, ist das kein Verlust für Deutschland.
@brandonfernandes56982 жыл бұрын
I'm not German, but I'm curious what is lacking in digital infrastructure there compared to countries such as the US/China?
@portzir2 жыл бұрын
@@brandonfernandes5698 There have been a major decision like 40 years ago or so where the government decided not to use the modern fibre standard but stay on the current copper cables. The result of this decision is visible today: I'm currently moving to a mid-sized city (30k) and in the apartment that was built 8 years ago the maximum internet speed is 6 Mbit. In 2023. And can you tell me one major web company that is coming from Germany? US/China are dominating and will do so in the future. We can't even call each others if we travel across the Autobahn. I had a call with my friend last week and he was driving on one of the biggest Autobahn in Germany but the connection was lost every few minutes. It's disgusting here. And there is no real path to change that. It will take decades to fix this.
@good-tn9sr Жыл бұрын
@@portzir jesus that’s crazy bro
@cedric18083 жыл бұрын
Imagine talking about the future of cars in Germany and not mention Tesla's nearly built factory... Also, almost 2min of sponsor message from the Sono startup This video reeks bias and financial struggle
@pookiewookie76793 жыл бұрын
Do you mean the Tesla factory in Berlin?
@miepmaster253 жыл бұрын
@@pookiewookie7679 no the one in his mom's backyard
@titob.yotokojr.93373 жыл бұрын
The future of vehicles is electric. As of now Tesla is the leader (with the Chinese not far behind). Tesla putting up a factory in Berlin, will spur all German car makers into making EV. Hopefully they are not too late.
@aceyage3 жыл бұрын
Tesla is a lot of hot air. Completely overvalued stock. Once people realize that Elon Musk is a con-man the market will collapse.
3 жыл бұрын
For a country that has bounced back even after loosing two world wars, the future will always be bright!
@jmlin5013 жыл бұрын
Yes, especially kowtow to totalitarian government like China. Germany is used to obey order from fascist government.
@_devil5363 жыл бұрын
Well it bounced back because of the presence of highly industrial Nature of it's economy It won't bounce back if that industry is in danger.
@missouriresole47263 жыл бұрын
@@_devil536 exactly, especially after 2nd world war they were massively helped by US
@Holuunderbeere3 жыл бұрын
Yeah after ww1 we had nothing but debt...
@沈培源3 жыл бұрын
@@jmlin501 傻逼
@musiclist551910 ай бұрын
Glad there are some channels like economist on youtube. Its like a fresh air.
@peregrineslim44463 жыл бұрын
The Economist is still trying to work out what an industrialised Western country looks like?
@maggiejetson79043 жыл бұрын
With no shortage of food and fuel. Wait....
@trevtall10943 жыл бұрын
@@maggiejetson7904 Let me guess you don't live in the UK but only listen the all the anti Brexit propaganda on the internet...
@floriandiem12233 жыл бұрын
@@trevtall1094 It's not propaganda, it's humor. But since you Brits have your very own understanding of that, I don't think you'll get it :)
@trevtall10943 жыл бұрын
@@floriandiem1223 So we've got to the stage where people are labelling propaganda as humour, is this something new out of the bullshitters playbook?
@gordoncharles7413 жыл бұрын
Luckily for us 'Brits' we don't have a car industry of our own to have to worry about such things.
@tomsaltner30113 жыл бұрын
There used to be one. These companies were run into ground. Some of the brands were saved by … German companies.
@gordoncharles7413 жыл бұрын
@outerrim Who said anything about overly, any would be nice!
@StumpyVandal3 жыл бұрын
What are you talking about? The UK has one of the largest car manufacturing sectors in Europe.
@gordoncharles7413 жыл бұрын
@@StumpyVandal What are you talking about? We do car assembly for non UK car manufacturers and we are no where near the largest in Europe. Major decisions are in the hands of the foreign owners. Germany, France and Italy all have their own major brands, we have none now.
@StumpyVandal3 жыл бұрын
@@gordoncharles741 They’re still assembling and exporting up to a million cars per annum. A lot of the components even in France and Germany are manufactured elsewhere. It’s not a small thing. Many would say that pre Brexit the UKs diverse light industry was a great compliment to the remaining heavy industry and the shift away from large scale heavy industry wasn’t an entirely bad thing. Of course now exporting is a bit tricky so we’ll have to wait and see what happens.
@jhwheuer3 жыл бұрын
Yes, if only most companies would use German software to run basically every major process inside ... Oh wait.
@joinedupjon3 жыл бұрын
Yeah... I think they're getting overexcited about more gimmicky consumer tech like facebook and apple phones and underexcited about the workhorse tech like SAP that isn't in everyones face all the time. The car is 'high tech' if you can see it's got a screen running uber in the middle of the dashboard but all the tech you don't see doesn't seem to count.
@224dot0dot0dot103 жыл бұрын
Corporations like the German software company "SAP" as well as American businesses like Cisco and Juniper Networks and IBM and Oracle Corporation and Sun Microsystems (which was acquired by Oracle) are not understood by the general public. So the average person on the street does not understand that SAP (a German software tech business) is running everything behind the scenes together with Oracle and IBM and Microsoft. Germany had its own Linux computer operating system called "SUSE Linux" but they sold it to Novell, didn't they? And the KUKA robotics corporation was sold to the Chinese, wasn't it?
@poovaneswaransupramaniam193 жыл бұрын
Errr....what about SAP enterprise systems? Isnt it german?
@jorgklatt3963 жыл бұрын
@@poovaneswaransupramaniam19 he was being ironic pointing directly to SAP 😉
@Mike-ox8sq3 жыл бұрын
Since German auto makers cant offer one single direct injection hydrogen engine based car they, from their titles outlook claim, have NO future at all! Toyota just had a racecar with a direct injection hydrogen engine completing a 24 hour tough endurance race, so seems the future are Japans! (?).
@as1142 жыл бұрын
As a German iam afraid of the economical future of my country. All the problems you guys mentioned are on the table for almost 30 years but nothing changed since then.
@_malte93672 жыл бұрын
30 Jahre ist eine doch sehr hohe Zahl, findest du nicht? Vor 30 Jahren war Digitalisierung in dem Sinne wie wir es heute definieren gar kein Begriff. Der Klimawandel wurde von fast keinem Land als ernsthafte Bedrohung wahr genommen. Die meißten größeren Probleme kann man meiner Meinung nach auf die letzten 10-15 Jahre zurückführen.
@as1142 жыл бұрын
@@_malte9367 nein finde ich nicht, in der Doku werden mehr Dinge angesprochen als Digitalisierung und der Klimawandel…
@goggy82933 жыл бұрын
Relax, Germans can handle the problems. I would be worried about the Italian, French car industry.
@lmyunxlee20053 жыл бұрын
Everything going fast.. and you are slow.. and then you. have no time for panic.
@Towelie-3 жыл бұрын
@ Lamborghini is under German ownership under the Volkswagen Group, so was Bugatti until recently.
@hopeforbetter3823 жыл бұрын
Lie back and enjoy German innovation!
@michelderauville6333 жыл бұрын
I think all European companies are glued together. There is a joint battery and hydrogen research setup backed by a joint Franco German government dept. They are pushing ahead far in advance of other researchers and will deliver the goods.
@Dr23rippa3 жыл бұрын
DS and Peugeot are making some very beautiful cars but they are charging too much
@barb46453 жыл бұрын
I’m British and not an economist- but….. I studied German and and French in the early 1980s at University. I worked in Sonnen Basserman as a student in the summer holidays as well as school exchanges prior to that. I have a knowledge of - and 46 year affinity with - Germany and it’s culture. I buy German white goods for my home & garden e.g. Bosch ; Birkenstock for my feet, Dr Oetker for my face and shop at Aldi & Lidl etc…… German goods are respected worldwide for their quality and reliability. I think as a people they will creatively adapt their hard work to produce what people will buy. If that isn’t their cars it will be other stuff.
@manikkalore16303 жыл бұрын
All I know Germans always find the way.
@theancientsancients17693 жыл бұрын
Germany is the most overrated country! Germany from decades ago and Germany of today are not the same at all! It has the most lazy unskilled workforce outside manufacturing industry in Europe.
@musashi283 жыл бұрын
@@theancientsancients1769 I think we found maybe a "Muslim" envious butthurt here :D - Yea Germany is totally overrated as coming back after two lost world wars massive reparations and total destroyed country we only could come back because of US-Money... That's the false spreaded arguments of those butthurt peoples which love to deny the truth... Btw in the marshal plan the allied countries received more money in total than Germany...
@krasserTerror3 жыл бұрын
@@theancientsancients1769 Our laziness is our hidden superpower ;) If it ain't worth it, we won't do it. Only we call it efficiency.
@tuankiettran60183 жыл бұрын
@@okene stay calm, the user answer you is “ANCIENT”, haha, they dont understand “FUTURE”
@justarandomguy5373 жыл бұрын
@@theancientsancients1769 hey kid , go & live in some stone age era 💩
@juansantana84482 жыл бұрын
Their cars are an end product, what is more important is to look at the process, their philosophy, their education and discipline, more than the end product, which changes just about ever six to eight months.
@amochswohntet993 жыл бұрын
Germany's cars are amazing so their future will be amazing. perfect logic. The headline is the only thing that makes sense here.
@SuperJoey733 жыл бұрын
I can't agree more!
@lmyunxlee20053 жыл бұрын
And then you will be loser..
@markyboy5313 жыл бұрын
So what has happened to the once beautiful BMW designs?
@amochswohntet993 жыл бұрын
@@markyboy531 BMW is basically the #1 car manufacturer in terms of quality. Look at their subsidiaries.
@lottumeb3 жыл бұрын
Not at all what it means. Germany is going to cheat there way out, look at VW dieselgate. 😂
@surfcitiz3 жыл бұрын
The past is a history, the future is a mystery, and now is a gift. The whole world will face challenges, not only Germany, and the outcome of that struggle is still unknown. What we need to remember is that Germany is a manufacturing powerhouse. The skills and tools are there already. It’s just a matter of what direction they choose in the near future.
@neb63043 жыл бұрын
did you really quote master oogway on this topic? what a legend
@ninal39732 жыл бұрын
Manufacturing powerhouse without energy, congratulations
@switch123456782 жыл бұрын
@@ninal3973 Nina, Tom schrieb es vor über einem Jahr. Mittlerweile wissen wir, wohin die Reise geht: mit den Grünen in die Pleite 😅👍
@italianstallion91702 жыл бұрын
the workforce needs urgent up-skilling and being less reliant on 'heavy' manufacturing and engineering, and more on IT/digital services.
@宇宙中的星星 Жыл бұрын
加油
@tobiwan0013 жыл бұрын
„Playing catch-up“ as the market leader? Even in Electric cars. Total Exports are 50% of GDP but it does not make up 50% of GDP. There are plenty of inaccuracies in this video, but it mainly follows some prejudices. The real challenge is to fight protectionist tendencies in the US and China. Also it is facing an aging workforce.
@tobiwan0013 жыл бұрын
@@kreight_ it was more of a cliché or satire. A video on how German beerfests are an indicator for entire German economy might have been just as relevant.
@defintity_99513 жыл бұрын
When it comes to electric cars and autonomous driving, Germany's automotive sector is, indeed, playing catch up. This doesn't mean it can't be a global leader, but major players such as Tesla and Toyota are slightly ahead.
@ryansmithc3 жыл бұрын
@@defintity_9951 Toyota is in a worse position than VW. Tesla will be the market leader, then Koreans and then Chinese. EVs threaten every part of Germany's auto industry - parts (ZF, Bosch), dealerships, service centers and assembly line jobs. Legacy automakers have too much debt. This is like the phone market with Nokia. You can't compete against Chinese on margins and they'll hire German talent for build quality.
@AKAHEIZER3 жыл бұрын
@@ryansmithc We will see, VW got their own Bank and City, so don't underestimate them.
@willengel24583 жыл бұрын
you can't be serious. there are a German carmakers in China. Tesla is in China. protectionism? 😁😁
@haroldlamble51633 жыл бұрын
There's more to Germany than just cars some of the greatest minds came from there . In southern Indiana German settlers created a thriving community . Great furniture making , churches , and never say die attitude , feelings of committee .
@willfried55002 жыл бұрын
BOSCH, SIEMENS
@jugbywellington11342 жыл бұрын
@@willfried5500 Johann Sebastian Bach.
@matneu273 жыл бұрын
The makers of the report didn't done their homework well! Sono motors tells the customers since years to sell a real car, in reality it's a BMW i3 mainframe with some raw parts coated and a non working solar power roof. Ok the moss cabin filter seems to be an inovation ;-) This is insulting Germany to show that as example for a technical leadership startup! Regards MN from Germany
@MultiMusicbuff3 жыл бұрын
I also noticed they said that the industry should be selling fewer cars = not everyone who owns a car now should have one later on. My issue with electric cars is that they ride like toaster ovens.
@glennalexon15303 жыл бұрын
The reason nobody makes a solar-powered car is that solar cells don't produce enough electricity. Also, cars don't need "ride-sharing software built-in", the apps run easily on the phone every driver has in her pocket. What happens when you're having lunch and you get a fare? Does the car come into McDonalds to get you? Read your script out loud before you go live, Economist, you'll save some embarrassment.
@kindface3 жыл бұрын
Agree with you on the Economist’s increasingly lazy and sloppy waffling. On the matter of ‘enough energy’ I’ve always thought that the kink with solar was never in its energy generation/capture capacity so much as in the ability to store that energy (which current generation of batteries have largely overcome). I may be wrong of course
@joinedupjon3 жыл бұрын
Yeah built in solar panels is a total gimmick and it made me feel sad just to see it being taken serously. The amount of power generated by built in solar cells on a car will never be sufficient. you'll get probably 300W of electricity per square meter of car surface maximum... provided it's a sunny day, and you aren't parked under a tree or in a multi level car park. The solar car company will need to pivot to a more normal ev or go out of business once it's burned through investors money.
@baron_xd46333 жыл бұрын
yeah, it's really sad how much hype such snake oil sellers get.
@ThisNoName3 жыл бұрын
"Built-in" just means the car can communicate its location and status in real time. You can't rely on owner's cellphone for that.
@midlander81863 жыл бұрын
Ride sharers can take themselves out of service whenever they want. That's a feature built into current ride sharing apps such as Uber and Lyft. I can't imagine that feature wouldn't be part of an app on board a vehicle.
@ThomasKossatz3 жыл бұрын
I love when people from coutries with empty shelves and gas stations explain Germany how to do business. Funny experts you are.
@xnespor13 жыл бұрын
If you see 50.000 not finished ID3 on parking lot, it should a moment to stop and start thinking about your processes and strategy. Are you a different opinion?
@AgentSmith9113 жыл бұрын
Germany can't cheat this time, dieselgate only works once.
@ThomasKossatz3 жыл бұрын
@@AgentSmith911 Sure, people who don't know the difference between Germany and Volkswagen explain the world. How low can you go?
@hephaistosthesmith20692 жыл бұрын
@@xnespor1 its called a resource crisis thats going on with everything atm, want a ps5 ? gl because theres less production, want a tesla ? hf waiting atleast 8 months for it, want a new graphics card oh lord be in for a surprise my guy, the id3's are not finished because the child labourers arent mining hard enough
@jugbywellington11342 жыл бұрын
Your comment hasn't aged well. I never experienced empty shelves and, whilst there were some hiccups with petrol supplies, we always had enough. We still have hot water in our public buildings too.
@ussamanayyer25703 жыл бұрын
Germany is running all time-high on exports and trade balance while UK is struggling with putting fuels in its cars and filling its supermarket shelves…Most significant British car companies Bentley, Rolls Royce etc. are owned by Germans…British supermarkets like Tesco are being taken over by Aldi and Lidl…So British people shouldn’t worry about how Germany is doing…Maybe first find a way to fill your fuel tanks…!
@mefobills2793 жыл бұрын
Richard Werner, an economist, looks at Germanys banking sector which invests in local economy. Germany has many small companies that are world beaters. The economist is City of London, and hence cannot understand.
@mefobills2793 жыл бұрын
@@myfishisnothappy1595 Yep. City of London. The square mile. Banker sovereign territory.
@TeacherPauloPontes3 жыл бұрын
I've always looked up to Germany as being the leaders in promoting clean energy and looking for sustainable models, especially if you consider the fact it is the main actor in the EU. It surprises me they've been falling behind on clean energy generation and new car model production. However, I disagree that will last for long; they are too capable to let that happen.
@ronmuller53763 жыл бұрын
No, we are not :). Having worked in that industry, that "clean" stuff was as fake as our unemployment rate, inflation rate etc. From the Diesel gate scandal to our very unique way of defining car fuel consumption. Nowadays, big companies/banks/states make money from betting on the chinese build bubble(where they build one void city after the next). Quality is going down. "Made in germany" will go back to its original meaning. We are done.
@williammorgan77693 жыл бұрын
Germany lied about their clean energy accomplishments for years. Germany has too much debt. Third-world companies are passing them up.
@sumkindacheeto3 жыл бұрын
Any clean energy advocate that doesn't recognise nuclear and acknowledge how inefficient cars (even the electric ones) are is a LARPer.
@stss63983 жыл бұрын
Not anymore
@jansix42873 жыл бұрын
Most patents on electric cars are hold by European, Japanese and American car makers in that order. Whomever your consider to be leading in clean cars, is just a startup with no knowledge and neglectable research investments.
@mr.zeettt67823 жыл бұрын
Says the Economist who is waiting in a week Long queue to fill up his Car with Gas. 😂😂
@genekelly84674 ай бұрын
Shifting to electric cars? BIG mistake
@muskaczjohnson59443 жыл бұрын
Love their ECO recycling strategy - "When car's warranty ends, sell it to eastern countries and buy a new one for yourself".
@NorceCodine3 жыл бұрын
Lets keep in mind that back in 1910, one-third of all cars in Berlin (and so in New York) were electric. Kaiser Wilhelm had an electric car too. They had a range about 60 miles, and driving them was a piece of cake. No pedals, you pushed a stick forward, the car went forward. You pulled the stick back, the car went in reverse. Ten years later all the electric cars disappeared.
@SahnigReingeloetet Жыл бұрын
In the beginning EVs were faster and had similar range (because early combustion engines were awful). The only reason they were fazed out was because of big oil. There was more money in petrol. Awful.
@cadillacranch66763 жыл бұрын
Add the word 'systemic' in a sentence to sound smart.
@drmodestoesq3 жыл бұрын
I disagree, I think it's indicative of a paradigm shift.
@sw36jl3 жыл бұрын
@@drmodestoesq I concur.
@thyslop17373 жыл бұрын
No sentence has a shard of credibility unless the world "global" is used.
@dorianphilotheates37693 жыл бұрын
Never fear: they’ll not only “catch up”, they will overtake.
@willm58143 жыл бұрын
Ironically the more successful a country is with respect to the old fossil fuel based economy, the more challenging it may be to pivot to the new clean energy economy
@vomErsten3 жыл бұрын
Ironically, that's only because of short-term greed. The petroleum companies have the resources to invest in the next sources of energy, and the ones that do are the ones that will reap the benefits while the rest die kicking and screaming.
@bobfg31303 жыл бұрын
@ᛋᛋ Counter-Semitism ᛋᛋ Not the case at all. Nice try though.
@khan-ng3 жыл бұрын
It is just simply economic problem. If the new clean energy economy are financial proficient and reliable enough then they will lean toward it. If not that sector will rely heavily on government support and regulation which in turn take it from already strong economy which rely on the fossil fuel. Talking about it is always easier than done on a national scale.
@bobfg31303 жыл бұрын
@@khan-ng The fossil fuel cars will not be made in the future.
@khan-ng3 жыл бұрын
@@bobfg3130 Yeah but right now the money go to invest the next generation is currently from the fossil fuel consumer. Some electric cars for personal use is still really far from efficient enough in economy
@crookedpaths66123 жыл бұрын
I think the challenges to German automotive industry holds true to all other nations. It is not uniquely a German problem. Each has their own cultural pitfalls.
@fynnliem17083 жыл бұрын
The parties are not CDU, SPD and Grüne as you say in 8:27 min. It’s SPD, Grüne and FDP.
@paululmet11713 жыл бұрын
the election took part 2 days after the video was released. At that point it was still questionable wich party will be part in the new government
@rieger.design2 жыл бұрын
Yes. On one hand one can see a lot of high quality engineering, but on the other hand, a lot of high quality regulations. As a developer of an autonomous micro-mobikity solution, i can say that regulations in Germany are the greatest challenge
@lordanonimmo76993 жыл бұрын
For all that germany already passed in the past,this all just looks like a major annoyance. Also:saying that germany is way too reliant on China is somewaht misleading given that germany has one of the most diverse costumer base from the developed countries with the difference between the biggest and the 10th being not that big,unlike japan for example.
@ppbdrinker3 жыл бұрын
nice mantra
@derekbland52533 жыл бұрын
🤣🤣🤣 a customer base is different from your supply chain. The UK is the 3rd largest importer of cars from Germany and bewtwen Q1 2020 and Q1 2021 there was a 12% fall. This may be partly to do with pandemic but they also have supply chain issues. Look it up for yourself
@javiluxekir923 жыл бұрын
German politicians are talking all the time about sustainability... I don't know why you say they don't think about it. This is the main topic in the most of countries of the EU...
@samd34973 жыл бұрын
They certainly talk about it... yet do very little to actually reduce emissions, just like almost every other country
@javiluxekir923 жыл бұрын
@@samd3497 Europe is doing terrible things for our to reduce emissions like taking out nuclear power plants while buying energy to other countries that produce their energy like this... Hypocrisy. Moreover, we do not need to reduce anything, as the main problem lies in Asia and Africa. Why are those people always delivering us the same moralist speech... they could go to China making this..
@robertjonker81313 жыл бұрын
@@samd3497 the EU does rhe most to reduce carbon emissions and be sustainable of everybody, what are you talking about?
@neoliberalerneandertaler93473 жыл бұрын
@@robertjonker8131 but its not enough.
@abirmukherjee57813 жыл бұрын
Bcz they are politicians 🤣🤣
@mscommerce3 жыл бұрын
It took me 11 minutes to watch this video. I could have read a written article in the Economist with the same content in two minutes.
@mscommerce3 жыл бұрын
@ghee cappy Thank you. I overlooked that.
@derekbland52533 жыл бұрын
Well done you but based on many of the comments on here I'm not convinced others read that well. They just seem to utter anti-Brexit soundbites or simalar echo-chamber rhetoric - no research,.no facts just blah blah blah
@seriouslyyoujest17712 жыл бұрын
Imagine if the USA understood the importance of manufacturing?
Germany is too reluctant towards digital and convenience and service and, happiness, which means basically facing humanity in a more cheerful way, instead of just always settling with a sober and calm vibe. These aspects are key for Germany's upgrade, if it wants.
@rohan2501853 жыл бұрын
What u describe is the modern way of achieving happiness which is only short-lived.
@crazyman84723 жыл бұрын
“The curves…the precision…the price tags!” 🤑
@starshiptrooper45063 жыл бұрын
For an unreliable piece of $#!
@crazyman84723 жыл бұрын
@@starshiptrooper4506 Well, that’s mostly Mercedes and BMW; VW is still pretty good…I think. 🤔
@kristians27043 жыл бұрын
@@starshiptrooper4506 German cars are by far the best overall
@starshiptrooper45063 жыл бұрын
@@kristians2704 You must be German, making you a lying pos.
@xzox3 жыл бұрын
.....the unreliability....!
@nilnil80723 жыл бұрын
Germany with its strong knowledge in mechanical engineering, it should move into AI and Robotics to leverage its expertise and strength.
@maanjatt40733 жыл бұрын
100%
@Soordhin3 жыл бұрын
It did actually, at least robotics. Some of the worlds leading robotics company started up in Germany, but they do have a trend to get bought by other countries or companies, like Tesla (Grohlman Engineering) or China (Kuka robotics). The number of industrial robots per worker is one of the highest in the world due to that.
@jubmelahtes3 жыл бұрын
@@Soordhin kuka is a really unfortunate name gor a company.... (literally means "d*cks")
@farhia803 жыл бұрын
@@Soordhin p
@Max.J.H.3 жыл бұрын
They will for sure, but they have to keep in mind demographics and social transformation.
@PascalGienger2 жыл бұрын
"The Economist" makes the same mistake so many do: Germany is not corporate Germany. There are very few corporations in Germany, most of the economic powers came from middle and small companies. The number 1 tunnel driller and tunnel drill machine manufacturer is Herrenknecht. A medium size company sitting in the black forest. Not a corporation. In the US nearly everything is corporate. Big chains or quasi monopolies. Germany will never get to this state as this would not be sustainable with the German system.
@nodak813 жыл бұрын
"To see Germany’s future, look at its cars." So Germany is going to be an overcomplicated money pit?
@DasIllu3 жыл бұрын
Nope, that it is already, has been so for 7 decades.
@olegkirovskii27203 жыл бұрын
@@DasIllu with a short break of 12 years as world-unmatched cruel monsters
@Zebra-de8od3 жыл бұрын
@@olegkirovskii2720 "cruel monsters" what are you smoking?
@olegkirovskii27203 жыл бұрын
@@Zebra-de8od have you heard of wwii?
@Zebra-de8od3 жыл бұрын
@@olegkirovskii2720 yeah, and?
@vanhovesingularity3 жыл бұрын
Carl Zeiss would disagree with the argument that disruptive innovation requires a young company
@kloschuessel7733 жыл бұрын
Was his business old? Probably just needs open minds and new ideas. You are referring to the binocular?
@Grubflag3 жыл бұрын
@@kloschuessel773 No that ASML together with Carl Zeiss, Trumpf and Cymer developed EUV Lithography which is disrupting the whole Semiconductor Manufacturing world. All very old companies beside Cymer.
@sabitriraniroy34633 жыл бұрын
Never underestimate Germany. They know their stuff.
@emanym3 жыл бұрын
Agreed. Germans understand making high quality goods results in a high quality economy.
@sci-filover75413 жыл бұрын
We just want Just comparison, China is more than one billion, Do you think you're going to challenge China, You are not the victors, Their cars are spreading
@simonm14473 жыл бұрын
German stuff today is made to perform but fail, if you want reliable products buy Asian, Korean or Japanese stuff. It don't matter if this are cars, or tools. The only thing where Germany is world leader is arrogance.
@wizzotizzo3 жыл бұрын
@@sci-filover7541 what
@Boaque3 жыл бұрын
@@simonm1447 Asian, Korean or Japanese?
@lordwiadro832 ай бұрын
Is anyone else watching this in November 2024? VW is closing 3 plants in Germany, something that never happened before. Audi, etc. are to follow suit. Chinese brands are on the rise. Who would have thought...
@Xentradi973 жыл бұрын
South Korea has the same challenge as Germany in terms of over reliance in China market and exposure to Geopolitical risk as an export oriented economy like Germany. But I think Korea is slightly in better position as digitalisation is happening there at far faster rate.
@yftan43533 жыл бұрын
not really, if you know anything about the chinese car market, you would know that korean brands have failed in china for years, and the reputation is bad.
@rickcastellione22673 жыл бұрын
@@yftan4353 aa opposed to the reputation of Chinese cars in the West? Oh wait...
@lzh49503 жыл бұрын
Meanwhile KIA has just announced it's ending further development on the ICE I heard
@psycho42072 жыл бұрын
@@rickcastellione2267 chinese cars are not intended for the west, they are intended for the chinese market.
@리드-w7k2 жыл бұрын
Looking at Korea's household debt and fertility rate its not the car industry that matter
@GlobalInsider-0083 жыл бұрын
It is like to look at the English ou American car industry, you see the English and American’s present
@thomaswalther72763 жыл бұрын
Being British, the Economist may be biased. The strong focus on the financial sector in the UK poses a similar risk as that on car manufacturing in Germany. But truth is that the last 16 years of Angela Merkels reign in Germany saw little progress, but rather pushing critical issues and how to solve them into the future. "Duirchmerkeln" as sort of "muddle through" became a meme as well. So, yes, the upcoming German government has a lot of work ahead of them. A few thoughts: Will future mobility be "owned" (like todays cars) or will it be "on demand"? Will there be a stronger focus on public transport in parts of the world? The answer to these (and probably some more) questions would influence a rather strategic decision: Should Germany focus on becoming again the leading car manufacturer? Or should Germany rather focus on other areas as the demand for individual motorised transport aka cars will shrink? Also: I just watched a video about the devastating environmental effects of mining all that is needed for greeen energy and electric mobility in other parts of the world. Be it the huge amounts of copper needed for wind turbines or rare earth for batteries and magnets - it most often leaves wastelands or drains all groundwater in that region of earth. So do we continue to ignore that, or do we find ways around that? If not, given the incredibly high demand for these materials to foster a "green revolution" worldwide, this revolution might face serious setbacks in a couple of years. Not knowing this is making predictions pretty hard. That said, Germany does have to make a big leap into the digital world. Now.
@blacklavoux2 жыл бұрын
For product quality, i think German, Italy and Japan is the lead of the world.
@naiyayika3 жыл бұрын
I've read that even Kia has engineers from Germany. And they have amazing models. Particularly Telluride, Sportage and Stinger.
@markusweber17033 жыл бұрын
75% of Hyundai cars for Europe are developed in Hyundai's Technical Center in Germany. And since Kia belongs to Hyundai....
@gustavmeyrink_2.03 жыл бұрын
Not just engineers, the machinery they use is also Made in Germany.
@604h22a3 жыл бұрын
Kia has some of the worst engines around very unreliable, I know because I work at a busy kia dealership (and drive a old Honda myself)
@gustavmeyrink_2.03 жыл бұрын
JD Powers put Kia as the most reliable brand of cars.
@vomErsten3 жыл бұрын
@@hirondelle8734 Comes around, goes around I suppose. Sitting here in the US, lots of German cars (or options on cars) we can't buy because Germany has decided we don't deserve nice cars.
@MS113MS3 жыл бұрын
Since you are talking about fear that Germany could be over dependant on the China market, I suggest that you should get America to buy German cars. That way, the problem should be resolved.
@skywallke3 жыл бұрын
They do, big times
@AbcAbc-sp1od3 жыл бұрын
German cars are too expensive to fix. Sure, a lot of us Americans buy German cars, but more of us have caught on to avoiding German cars.
@mazze003 жыл бұрын
Why does everyone worry for us getting overdependend on everyone. "Don't build that gas pipe with Russia, Germany! You'll be too dependend. You should buy our fracking gas instead *wink* *wink*"..."Don't sell so many cars to China, you'll depend on them. Here are some cars from our catalogue for example *wink*." I am starting to get the feeling those suggestions are not in our best interest?!
@jack79973 жыл бұрын
Japan is also known to still use fax machines...is there a relationship between having a strong car industry and fax machines?!
@nutsackmania3 жыл бұрын
Theres a reason Japan does, which is their language is sometimes easier to transmit when hand written. Even though there are other ways, it exists already.
@richardlyd74503 жыл бұрын
Lol...also the USA...my workplace ordered stuff from USA this week and we were asked to fax order....we got rid of the fax machine 10yrs ago!..lol
@Caballingus2 жыл бұрын
The days of top quality German cars are long gone. And without cheap Russian gas there is going to be no German car industry left anyway.
@alexpavlov35357 ай бұрын
Not only cheap Russian gas. A lot of unbalanced trade to EU was compensated by Russian rich people buying expensive posh German cars. Not anymore).
@daniell75243 жыл бұрын
Market cap is not a suitable factor for Germany since the majority of companies are world leaders in niche markets ("Mittelstand") and are mostly privately run.
@aabb-zz9uw3 жыл бұрын
Mittelstand has no future. Just see why Korea has gotten rid of old and small industries-to survive in the future.
@nitinmittal2133 жыл бұрын
This is correct! Outsiders don't understand this.
@ThePianist513 жыл бұрын
@@aabb-zz9uw you won’t understand this. Those „little firms“ are market leaders in their own territories like vibration technique etc.
@idyllsend64813 жыл бұрын
@@aabb-zz9uw The Mittelstand is Germany's guns.
@hoonaticbloggs54023 жыл бұрын
Perhaps if they didn’t BS about the diesels emissions they may have been in a different position now
@indlovubill71003 жыл бұрын
Still the best diesel engines in the world.
@JAnx013 жыл бұрын
Bosch developed a diesel engine with CO2 emissions only.
@cgamiga3 жыл бұрын
Ironically, VW group's DieselGate and the resulting forced shift to EVs, likely will end up saving the company. It's likely going to be one of the few legacy carmakers to survive the EV disruption... as long as their board doesn't hold back Diess from pushing the painful transformation
@alestbest3 жыл бұрын
The German car industry is the most mendacious and corrupt industry in the world. No test that is not fake. No statistics that are not manipulated. Judges and politicians are bribed and influenced where possible. Judgments against criminal speedsters? The German auto industry is impressive. Learn German and discover it for yourself.
@alestbest3 жыл бұрын
Bosch's real name is BOTCH. Even our botch cooker doesn't work properly. I don't believe a word of German data. This is because I speak German and have worked for a company that had German subsidiaries. Where you can cheat, the Germans will do it.
@opoon76503 жыл бұрын
Germany's car making abilities are an obsession. a national treasure. There is no doubt they will persist and win.
@pablopipipopo3 жыл бұрын
No they won't. Look at what cars china offers at which prices. Germany already lost.
@lashlarue7924 Жыл бұрын
Not with planned obsolescent engines made out of cheap plastic they won't. German cars are like the worst American cars, except in addition to breaking equally as often, the repair bill costs 3 to 4 times as much, because the parts are harder to find and the labor is blown up due to deliberate design decisions. Garbage.
@TheSolidsnake20013 жыл бұрын
The Litt'le Britain & usa should care more about their future, look at the uk's car & usa's cars before you worry about Germany. Germany is way ahead of these two dying dynasties.
@DAM893 жыл бұрын
Tesla is American. Is BEV leader, and growing massively.
@ThePianist513 жыл бұрын
@@DAM89 And still no profit. Is Tesla trying to avoid taxes? Unlike VW & co. ? Strange stuff going on. Seriously.
@LarsPallesen3 жыл бұрын
BMW is at the fore front of electric cars? They are dead LAST of all the German car makers! And of course they're nowhere compared to Tesla and some of the Chinese car makers.
@captainhamburgers85713 жыл бұрын
bmw historically have made the absolutely worst looking electric cars too lol. im convinced they do/did it to put people off electric cars lol. genuinely hideous cars for a company that usually has great looking cars.
@timtessman31073 жыл бұрын
You are spot-on. BMW will either be acquired, merged, or die.
@alanlight77403 жыл бұрын
It's hilarious seeing car commercials and in many cases car magazines now - every car company is claimed to be leading the change to electric cars - but they do their best to never mention the car company that has forced them to change, Tesla.
@Howei13373 жыл бұрын
This is more entertainment than anything else.
@southeast72592 жыл бұрын
Went from BMW to LPG powered RAM in January 2022 and will not go back anytime soon. The drivetrain of German cars became a nightmare in terms of quality since the downsizing "Zeitgeist". Granted, all my engine problems were covered by the manufacturers, however, this is not what I expected from "German Engineering". When I look into the manual of the RAM, the first CAM drive chain replacement is scheduled for 300.000 miles. Sustainability is not just emissions of CO2, but also how long does the product last. Germans fail today in the latter, in my opinion.
@thebeautifulones54363 жыл бұрын
Solar Cars! Why not wind powered. I notice lots of wind when I'm driving.
@talideon3 жыл бұрын
You notice turbulence, not wind. The air is moving only because the vehicle is pushing it out of the way, and at best you'd just be reclaiming some expended energy, not be gathering ambient energy as happens with wind farms, so "wind powered cars" make little sense.
@arnonuhm71253 жыл бұрын
@Keith Gaughan Swoosh. That was obviously a sarcastic remark, that pointed out the green washing trick to glue solar panels on conventional products to impress mouth breather.
@subodhsarin90983 жыл бұрын
Also, what about 'empty rhetoric hot air powered' car. Plenty of start-ups have loads of that.
@kingpin37953 жыл бұрын
Sono’s next model has a retractable wind mill
@TmackSD1843 жыл бұрын
I got the joke. Remember, Germans have no sense of humor
@hashimkimwaga18643 жыл бұрын
When you stifle startup companies that come up with altenative ideas and you are slow in implementing and adapting to changes in the pretex of protecting jobs and the economy you know sooner or later you are going to play catchup.
@gustavmeyrink_2.03 жыл бұрын
Luckily there are thousands of successful start ups in Germany.
@davidlynch90493 жыл бұрын
Working for a very successful startup here in Germany.
@sid35gb3 жыл бұрын
Germany is a very wealthy country with a seriously well maintained infrastructure so on its current course and with long term planning it will continue to grow.
@sven4711113 жыл бұрын
It seems you have absolutely no idea about Germany.
@Anton-eq7nq3 жыл бұрын
Ach komm, ist doch halb so wild hier :D
@ingeburgknotke3963 жыл бұрын
Nah mate our infrastructure is not up to date and needs to be overthought. The railway system has mostly been downgraded since ww2 and a lot of cargo is transported on the Autobahn instead of train.
@sid35gb3 жыл бұрын
Guys have you been to the UK your infrastructure is way better.
@ingeburgknotke3963 жыл бұрын
@@sid35gb it may be better than the UK but that doesn’t make it ok for Germany. Same as having a better infrastructure than India doesn’t justify the low gov. investments in the past few years.
@idesofmarch10012 жыл бұрын
Why does the street and traffic scene starting at 10:32, and running for a few seconds, show Helsinki, Finland, and not a German street/traffic scene?
@nobodynoname60623 жыл бұрын
To see Britain's future, just look at its supermarket shelves.
@chas17593 жыл бұрын
Mine are fine thanks don't believe the hype.
@nobodynoname60623 жыл бұрын
@@chas1759 Relieved to hear that Britain will not suffer from famine in the near future.
@sebastianlahns80233 жыл бұрын
or the quality of this video
@derekbland52533 жыл бұрын
Mine are fine. Educate yourself, do a search on supply chain issues, US, Soain, Germany. You're just going blah blah blah exhoing all the others that are to lazy to do any research.
@nobodynoname60623 жыл бұрын
@@derekbland5253 I have family in the UK who have reported to me first-hand what they saw. But granted, a famine is not to be expected ;-)
@rajeebbarma3 жыл бұрын
I work in the automotive industry in Stuttgart, Germany. I'm an MS in Digital Engineering. I can assure that German way of making cars is spot on.
@TheLottolandus3 жыл бұрын
Do you own a 2000 Jetta? Or a 2010 Jetta? Or a Jetta? They really, really are horrible. The plastic dissolves, in every part of the car. Who uses a wires to wind up a window? I could go on about Audis, VWs and every other German car.
@mertkocabas76043 жыл бұрын
@TheLottolandus Jettas are built in Mexico for developing countries. You can’t find Jettas in Germany(especially the current gen Jettas).
@irminschembri10813 жыл бұрын
@@TheLottolandus You obviously do not know that the person you answered to either works for Mercedes or Porsche !! So don't ask about a car made in Wolfsburg and not in Stuttgart for Christ's sake!!
@coogee-uw9rk3 жыл бұрын
This news generated by Americans and British, I really like to see Chinese and German sides' opinion.
@seanlee38633 жыл бұрын
Bet america has already been backing american boot licking candidates
@sedisvacantia85813 жыл бұрын
The video basically presents a consensus within the German society. However, there are barriers to innovation set up by those with money and power. If Germany stays it's course for another 10-15 years, it will only work out for the top one or two million of the wealthiest while leaving everyone else behind in the 20th century.
@Kingzombiemyanmar3 жыл бұрын
Dog meat soup ?
@whitecrowg13 жыл бұрын
What you on about this news was to postive no mention the car built with coal power station. No mention population collapse decline in Germany. Half million Germans retire each you and Germany needs 20 million new workers. This was overly postive the German economy is far worse due population collapse decline.
@seanlee38633 жыл бұрын
@@whitecrowg1 population decline can usually be counteracted with importing work force via immigrants, so just comparing the birth rate with the rate of retirement is insufficient
@esragbilir Жыл бұрын
Great piece, indeed. Digitalization and innovation are the keys
@RayDu3 жыл бұрын
The message of this video is how Anglo-American media isn't happy about the continental European country's close commerce relations with China. Of course, it would be their nightmare if Asia and Europe get closer or even unite together.
@224dot0dot0dot103 жыл бұрын
Russia's biggest trading partners are Germany and China, right? And Germany's biggest trading partners are China and Russia, right? If they got together with India and South Africa and did something like BRICS (Brazil Russia India China South Africa trade agreement) then it would be GRICS!
@maximilianreinert18923 жыл бұрын
The first electric car was build in 1888 by the German engineer Andreas Flocke. Sure Germany didn't follow up on this development as Tesla did, but be assured, that we are aware of the development happening and have a profound knowledge about the technology behind it ;) But the critic about the German Neuland (= Internet) ist absolutely accurate 😄
@Gobberfisch2 жыл бұрын
the fastest train for a long time was also german (the ICE), but germany also didn't follow in that direction. Germany is fast and slow at the same time. I love it here haha
@Mrpeacemaker22 жыл бұрын
German engineering was always at a high level. Today, the stall in industrial product development is the result of cancelled culture.
@jigssscupid88363 жыл бұрын
This type of reporting is to stay far away from. To hear Germany as a country with alot of sweet engineering, innovation, bright minds. Being labelled as slow, kept back, not trying to move into modern, even calling internet as 'uncharted' is very shocking. However Germany still leads & is doing alot better than most nation's.
@hankitytankity Жыл бұрын
Here's what customers do not want: Expensive disposable cars.
@timon33603 жыл бұрын
When mentioning the new coalition, the third picture was from a representative of the most popular party in germany, exactly the party that didn’t win and went into a coalition, because of this guy… Made the video seem a bit effortless not gonna lie..