transformation

The renowned Munich-based economic research institute ifo sees structural change and tariffs as brakes on industry and production potential

Pressure to decarbonize, digitize, and robotize at a time of demographic change, geopolitical uncertainty, and difficult financing conditions is weighing on the German economy. Bureaucratic and infrastructural hurdles are particularly burdensome for the manufacturing industry, which (still) plays a major role in the German economy and contributes significantly to employment and value creation.  This structural …

Rapid transformation of component manufacturers

For many decades, the German automotive industry was the technological leader in efficient combustion engines with low emissions and high-precision transmissions, which made it very successful economically. Could it be that this particular strength and the associated success have led to complacency and blindness to the shift toward electric mobility, which has been looming in …

New Splendor for the German Industry

For many years, open global markets were a key driver for German industry. In the meantime, however, the forces are reversing and making it difficult for German industry to assert itself in global competition. Waiting and hoping, as is often heard, will certainly not be enough. We must act. German industrial companies face a threefold …