‘We Used to Be a Wealthy City’: Auto Woes Slam German Towns — Live Feedhttps://www.live-feeds.com/feed/we-used-to-be-a-wealthy-city-auto-woes-slam-german-townsContinuously updated, source-cited coverage. German Auto Woes Hit Towns and Industrial Basehttps://www.live-feeds.com/feed/we-used-to-be-a-wealthy-city-auto-woes-slam-german-townshttps://www.live-feeds.com/feed/we-used-to-be-a-wealthy-city-auto-woes-slam-german-towns#u199276Fri, 13 Nov 2026 19:25:19 +0000German municipalities face severe financial strain as industrial decline and the Volkswagen crisis batter the national automotive sector. German carmakers encounter major hurdles as Chinese competitors surge ahead and weak sales in China combine with profit slumps at companies like BMW. Although sentiment among automakers shows some short-term improvement according to the Ifo institute, observers note that there is no clear path to recovery. European corporate expansion into foreign markets also threatens to hollow out domestic industrial capabilities as international competition intensifies.W