Germany’s car industry: Driver and beneficiary of globalisation
Feb 11th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Germany’s car industry is on a roll and last month Finfacts reported that demand for European cars in China this year is expected to be 25 times 2005 levels. Germany is home to Europe's biggest car manufacturer, Volkswagen, and is both a driver and beneficiary of globalisation, according to Deutsche Bank Research (DBR).