Germany's industry: trapped between competitiveness and transformation | Transforming Business

German industry faces an unprecedented crisis, with growing global competition and pressure to go greener. The video opens by establishing the precarious state of the German economy, highlighting its longest period of economic malaise in 75 years. Even established giants like Volkswagen are struggling, emphasizing the need for innovation and sustainable practices. Why investing in new technologies is crucial during this protracted recession. Find out how companies like Volkswagen, RWE, and BASF are navigating this critical transition, and whether it will pay off in the long run.

For more news go to: http://www.dw.com/en/

Follow DW on social media:
►Instagram: https://www.instagram.com/dwnews
►TikTok: https://www.tiktok.com/@dwnews
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews

Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch

Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

#Germany #Industry #Climate