VW, profits slump by 64%.
Audi, profits slump by 91%.
BMW, profits slump by 84%.
Mercedes-Benz, profits slump by 54%.
Germany's economy is staring into the abyss
VW, profits slump by 64%
who is to blame?
based germany must fall
this question can be answered with "Germans" in any context
VE MUST IMPORTEN 6,000,000 MEHR IMMIGRANTEN
FUCK i'll have to move back to ohio now
Good. Maybe these lazy and retarded Wessis will finally stop sucking establishment cock.
They deserve to be poor for trying to be pathetic fake americans.
all of our refugees will move to the booming poland, enjoy them.
So should i go for a mazda right?
poland is an extension of germany's economy, we are going to the bottom together schatz
all of our refugees will move
probably not
Luckly Luka and Putin spent billions on anti-Polish propaganda showing our soldiers beating up brown pipo, so they'll avoid us
For me it's the mazda wrong
one of the reason is because of high energy/electricity prices caused by anti-Russia sanctions
muh Chinese solar panels!
Chinese energy companies financial results (2024)
- LONGi Green Energy Technology: -$905 million deficit
- TCL Zhonghuan Renewable Energy: -$835 million deficit
- Tongwei: -$560 million deficit
- Trina Solar: -$120 million deficit
- JA Solar Technology: -$66 million deficit
Stock market (past 5 years)
- LONGi Green Energy Technology: 69 CNY -> 17 CNY (-75%)
- TCL Zhonghuan Renewable Energy: 47 CNY -> 10 CNY (-78%)
- Tongwei: 63 CNY -> 25 CNY (-60%)
- Trina Solar: 82 CNY -> 22 CNY (-72%)
- JA Solar Technology: 55 CNY -> 16 CNY (-70%)
oof
LONGi's decline continues.
China's solar panel companies are in the red. The production capacity of solar panels far exceeds demand, and the market price has not stopped falling. The market cap of LONGi has fallen to $18 billion. Three years ago, their market cap temporarily exceeded $80 billion, but 70% of that has evaporated
2024 car sales (Jan to June)
- Toyota: 5 million
- BYD: 1.5 million
Toyota Motor Corp. said Tuesday that its group sold 5.16 million vehicles worldwide in the first half of 2024, outselling German rival Volkswagen AG to retain the top spot in global sales for the fifth straight year.
they deserve it for overvaluing their cars
just make them more affordable, how complicated is that
China has grown by stealing technology from Japan and US through state-level industrial espionage. They gained market share by dumping knock-off stuff at barely profitable price. As a result, all Chinese businesses are shoestring operations and about to collapse.
Profits in 2023
- Toyota: $34.5 billion
- TSMC: $27.8 billion
- Hitachi $5.2 billion
- Samsung: $4.8 billion
- BYD: $4.2 billion
100 BYDs profit equals only 1 Ferrari.
youtube.com
Die Grüne
CHINA is COLLAPSING at NEVER-SEEN-BEFORE LEVEL
Bankruptcies in 2024
- Japan: 4,000
- China: 1+ million
Youth unemployment
- Japan: 3.7%
- China: 20%
Real-estate crisis
- Japan (1990s): $600 billion in debt
- China (2020s): $12 trillion in debt
Start-up companies in China
- 2018: 51,302
- 2023: 1,202
China rigged its GDP with speculative real-estate projects. GDP ratio of real-estate industry during bubble period, Japan = 20%, China = 48%.
China consumed the same amount of concrete in 3 years as the US consumed in 100 years, to build vacant houses and abandoned roads for 1.4 billion people, causing the bubble economy burst on a scale unprecedented in human history.
They will be lucky if they still exist by the end of the decade.
grim hell Shanghai 2024, CLOSINGS EVERY FUCKING WHERE
youtube.com
stabbing kids or hitting by car is a weekly occurrence in China
i.imgur.com
Americans as usual.
They’re willing to put up with those losses with state backing if it drives everyone else out of business first
This as well. Since Poland is starting to become a developped nation it will also fall for the psyops developped nations for fall and will become a target. You're not a target when you're poor and irrelevant.
CIA
Japan talking about stealing? Is this a bad joke? You genuinely believe you started your industry in the 20th century off your own inventions? Holy mother of delusional.
just make them more affordable, how complicated is that
Ego. That is the sole reason why anon. They abandoned the low/low-mid end of the market and feel that they can't make a return to producing for it or refuse to do so to uphold "the brand".
reminder these retards are trying to lecture trump on how to manage the economy lmfao
TRUTHNUKE on CHINA
China couldn't build car engine. Almost all the Chinese cars relied on Mitsubishi engine.
youtube.com
EV technology patents (2003-2023)... dominated by Toyota. Chinese auto makers are either paying patent fees, or shamelessly stealing Toyota's technologies.
assets.st-note.com
China's industrial robots, domestic rate only 10%, the rest 90% are Japan's Yaskawa/Fanuc robots, or Switzer's ABB robots. Chinese cars are manufactured with Japanese robots.
chinanews.jp
China's high speed rail... made-in-Japan. Kawasaki Heavy Industries not only gave high-speed trains, taught high-speed technology itself in 2004. China audaciously exported these trains to ASEAN countries a decade later.
youtube.com
China's proud Huawei phone camera... made-in-Japan. Sony has been leading the image sensor technology for a half century. Sony is globally responsible for high-quality images and videos that people share online.
petapixel.com
China's high-tech AC... made-in-Japan. Chinese makers still can't build their own compressor.
youtube.com
American citizens work for the CIA and is funded by american tax payers therefore american citizens are to blame
it's just plain stupid, why would anyone buy German in the current year when Japanese cars are more affordable and with better quality to boot
MBA's are fucking retarded, they have an inane obsession with line going up to the point they shoot themselves in the foot
their dealership business model is so wrong on many levels, which is causing to lose customers and leave the brand behind, VW needs to sell car like Tesla does, directly to the customer without any coyotes in the middle
American citizens work for the CIA
lol, it's full of foreigners
No, you can't work for the CIA as a foreigner. Stop lying on the internet (as usual).
blame for what? the german green party is destroying one of the most prominent polluters. this is not only a huge success but it is necessary so that 150 years from now the sandniggers who'll have replaced germans can live in their newly established central european islamic caliphate without being bothered by "extreme weather" phenomena (such as rain).
now let's go back to the important discussion: trannies and gentlement, niggers and islamists, leftist freaks of every kind... how the fuck do we ban the AfD without making it seem like we're the fascists?
There are no Americans in Washington DC.
Check sheet
China's real-estate: COLLAPSED
China's solar panel: COLLAPSED
China's auto: Blocked by US and EU lol
China's phone: Blocked by US lol
China's pharma: Never even had a chance lol
China's semiconductor: Never even had a chance lol
China's entertainment: Never even had a chance lol
China's display: Korea already made this industry unprofitable crap by dumping Japan's knockoff displays. Literally no companies are making profits atp.
The could import jeets and sell them those unoccupied houses, it could lead to peace between both countries
Nobody gives a shit about China.
Kek at that retarded Private Gomez with Jap flag seething ITT.