IFO: German car industry pessimistic about demand
March 07, 2023
According to a survey of IFO, the German car industry fears a slowing domestic demand. The body, questioning both suppliers and manufacturers, says that these dimmed expectations are attributed to a cautious attitude from car buyers. In its monthly indicator, the Leibniz Institut für Wirtschaftsforschung (IFO) registers a changing business situation for the German automotive […]