German carmakers' business model was based on growing sales in China that subsidized overblown, union-protected structures at home. It’s over now, in most industries, not only in automotive.

German carmakers' business model was based on growing sales in China that subsidized overblown, union-protected structures at home. It’s over now, in most industries, not only in automotive.

And this during good times. Most Germans don’t understand yet what’s coming their way. pic.twitter.com/Uwcstt7hVb

— Michael A. Arouet (@MichaelAArouet) April 24, 2026