Germany Has a (Car) Problem. And With Them All of Europe.
2023 ж. 10 Там.
361 705 Рет қаралды
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To be honest. Electric cars will not dominate the future of cars
Did BYD SELL all those cars and where to is the question. If you are a fake country, with a fake economy, I'm not interested in what fake numbers they give out.
Poland has just filed a complaint against Germany to the EU. Germany has a month to respond to this. It is about mass transport of municipal and hazardous waste from Germany to illegal landfills in Poland. The German media is silent. The newspaper radio and TV are silent in Germany on this topic. Germany treats Poland as its garbage dump!
End net zero!
@@yurinator6380yeah, much like renewables it seems like a thing done by rich people to seem like they’re caring about the environment but they truly won’t work.
Germany has done what Britain did over a century ago; rested on its laurels, believing it was so advanced that it didn't have to make an effort anymore. German electricity is among the most expensive in Europe, the railways lack investment and are often overcrowded and late, mobile internet is expensive and slow outside cities. All things that make the country less competitive on the global stage.
Agree with almost everything, except: "German electricity is among the most expensive in Europe" the electricity price in Germany is relatively high (in the middle of the pack in the EU) due to the large amount of taxes charged to the private user, wholesale prices (prices before tax) are among the cheapest in the EU.
@@DBGE001 I didn't realise that the railways were bad, however I'm given to understand that they're the biggest user of coal in Europe?
@@DBGE001 but what are those taxes for? To subsidise the Energiewende.
Well, energy (electricity) has been used as a milk cow for over 4 decades now in Germany, so I don't suppose that financing the energy revolution was the first aim of these quite high taxes. @@pcread
The use of coal as energy source in Germany is far exaggerated by the nuclear lobby. When compared to the other EU countries Germany sits in the middle of the pack when it comes to the use of coal. @@rob5944
I have a solution! The Germans should invent a device that tells a car to run entirely off a battery when regulators are testing it on a dynamometer, then fires up a diesel V-8 (hidden in the “frunk”) once under real-world driving conditions…
Germany is so far behind anymore I don't know if it could happen. And with your population crash, Germany is suffering from brain drain.
@@jhrusa8125 He was referencing the Volkswagen emissions scandal in which VW purposely designed their cars so that when they were tested for the EU's emission standards and environmental laws the vehicle would use a bullshit battery to lie to the testers/regulators. But when actually running it used a different engine. When this was discovered there was a class action suit in which customers in the EU got fucked over further as international customers were actually paid money due to the fraud but customers in the EU were given a USB stick which when plugged into their VW I believe forced a software update that disabled the actual engine that the VW secretly used and in the process shit canned the vehicles performance.
@@jhrusa8125the issue is not really that they are behind. But that no effort is made to close the gap. The advantage Germany had to China in combustion engines was so large that China had no way to compete there. Now electrical engines are much easier to make so there is less of an technological advantage to have there. Making the Germans advantage in better engineering kind of useless. Y Brands like BMW and Mercedes also started to focus on the higher price car sector due to the pandemic. Those can adapt much easier to become electric vehicles as the margin is much higher. The big issue is to be competitive with smaller cars, as German companies are behind when it comes to batteries.
Lol Volkswagen
Since the regulators have no legitimate power to be testing them like that, it'd make sense.
Their problem is when they started designing cars which only lasted the warranty period, before problems start to occur and are very expensive to fix.
🤣😂😁
Yep, that quickly destroys their re sell value and you are stuck with a rock
ABSOLUTLEY:(
Exactly like BMW 3 series 3 years max life from suspension bushes it is cheaper to fit the better third party bushes and links than to go to BMW and they last longer too.
@@williamcoulter5462 They spend a lot of their engineering resources to design and build cars that will breakdown as soon as the warranty expires so they can over charge money for parts. This is why their cars are worth more money for parts as a sum than the car itself. But hey if people want to pay money
Hi, German guy here. In 2017 a new colleague started work at my (back then) workplace. He was a very talented, bright mechanical engineer fresh out of university. I asked him what he specialized in: electrical or combustion engine. He said: "combustion, like almost everyone else in my class". That is part of the problem we have.
Das böse Erwachen wird noch kommen, und leider werden sie die Schuld auf die Leute schieben die schon seit einem Jahrzehnt davor warnen
We just bought our second Tesla. Anyone who owns a Tesla for a few months understands. After years and years of owning our Tesla we have done nothing for them, no oil changes, no breakdowns, no tuning...nothing. We have solar cells, it cost almost nothing to own or run after purchase, and they gallop up to 100 km an hour from 0 in a few seconds. Gonna be tough to compete. Good luck.
@@tunahxushi4669 I think you cannot say that, as you are just one guy or girl with a relatively young car. I have a car that runs on gas and in 16 years didn't have a single breakdown. Is it a good model? No idea, I just have one out of 10000's built. Good for you that you are a happy Tesla owner, but on average they do not perform well on reliability.
@@van0tot100 ??? Tesla is 1 in customer satisfaction AND repeat purchase owners... #1 !! ...
@@tunahxushi4669 In reliability rankings they are performing as one of the worst. That is a whole different thing.
European automakers to blame, they have been warned for decades about what was coming...
socialdemocracy hegemony hubris?
You hit the nail on the head.
Europe ? more like "american colonies"
Cheating on the emissions was easier, it looks like..!!
Electric vehicles will be the death of humanity. It is unsustainable and will create more pollution and war long before we run out of oil.
This topic reminds me of the American auto industry in the '70s and '80s when they arrogantly ignored the threat posed by the Japanese auto industry. Ultimately, Japan's brands took a huge share of the American market by producing more reliable and fuel efficient cars than those produced by the Big Three. There were periods where people wondered whether the American brands would survive, and of course, there was considerable consolidation and mergers as a result. But eventually, they made it through the storm. I for one, have great faith in German engineering, and while the German manufacturers may now find themselves on the back foot in the EV market, there is no doubt in my mind that they will figure it out and continue to build the kinds of innovative products that the world has come to enjoy.
EVs, except in the form of being powered by reforming fuel cells, are not the future of transportation.
Chinese brands lack the brand power to really gain a foothold in Europe especially for a significant purchase like a car that needs to be reliable for years something that rightly or wrongly is not associated with Chinese goods. A few news stories about shortcomings/accidents similar to those they’ve sold domestically in China will collapse their sales in the west. The best thing they could do is buy a known small-cap or declining European car brand to make their cars attractive enough to establish themselves otherwise Germany will eventually recover provided they’re not still trying to invest in combustion or Chinese manufacturing. The real threat will be the US and Japan (possibly South Korea) as they’re developing faster with more government support and tighter supply chain integrations so they’ll be able to bring down the consumer costs quicker making them much more competitive than European brands on mid range to affordable segments.
The USA is an empire and a world leader. They had the resources to put pressure on Japan and South Korea to turn things around. I don't know if Europe has such resources... It is possible that the American empire will continue its expansion on the European continent, capturing the automotive market. Fortunately, the growth of Europe's dependence on the United States allows this.
@@JeanLooksPicard EVs, as they are now, are never going to take over the market from ICE vehicles. It is not possible. They would not have a power source if they did. It would take the building of tens of thousands of conventional hydrocarbon or nuclear energy baseload power plants, to run transportation off the grid. So, while technically it's possible, it's not possible politically or financially. EVs, much beyond the current low percentage, will only be possible if they are built with reformer fuel cell technology. Reformer fuel cells also solve all the other problems, such as inherent battery issues, and power density issues.
@@Fillipok You are reported to KZhead for anti-American hate speech and grotesque disinformation. Either you hate the United States of America, and don't care what the definition of an empire is, or you are just pig-ignorant, and don't know what it is. The US is not, and never has been, any kind of an empire. In fact we have taken down several of them for you, in and around Europe. And we are doing so again right now. Slava Ukraini and MAGA Forever!
Glad you address that this is a concern for all of Europe not just Germany. I've seen some gleeful Schadenfreude by some over Germanys economic struggles when the effect will be felt on the whole continent.
*subcontinent
@@DiazGeeusaly it is seen as referred to as a continent but the way humanity has split up continents is relatively arbitrary in the first place.
I mean germany could've innovated in evs/batteries but they waited too long.
@@ethanwmonster9075 The only thing you can innovate in EVs, bar developing an entirely new battery type that beats lithium, is software and germany and software are like polar opposites to each other lol.
@@meinnaseThat's the elephant in the room nobody wants to talk about.
It seems to me that German society is very conservative in "how things are done", from business to government crazy bureaucracy. I have internet with a copper cable in my apartment in Berlin, I haven't seen one of those in Uruguay, in years. The mobile internet is also like 6-7 years behind my country. And Germany is much wealthier so it just a problem of technological conservativism o.0
That was because of corruption in the Helmut Kohl administration. He was friends with someone that owned the copper when the infrastructure was built and fucked over the whole country
Interesting observation. They are both conservative and frugal, maybe they use things to their limit before switching. I was astonished at the old-school low-tech U-Bahn ticketing system they have. My experience of internet but especially mobile internet was awful. If you are in an area with a high concentration of people, like a festival, the internet is so slow it is unusable. That and no free wifi in cafés or businesses was annoying. Something do to with their draconian anti-piracy laws which make business liable for piracy or illicit online activity on their wifi. Interestingly, I also found it to negatively effect their beer culture. After a while there, I had tasted every German beer I could find, much of them a rather boring variation of the same theme. The craft beer scene is only kicking off, so unless you went to rare and specialized beer shop (not a Späti) or an ex-pat owned tap room forget about drinking a NEIPA, geuze, stout, porter or anything outside the confines of Germany medieval definition of beer. So perhaps they are slow to change, but when they do, they will excel.
The copper cable is just the last part of the network from the street to the house. You can't easily rewire the insides of houses, especially old houses like they have in Europe. They can still have fiber as their main network. The last 20 meters of copper doesn't make a whole lot of difference. China has insane technology by western standards, but I wouldn't say that just because China or Uruguay has newer technology in some areas means much. Countries like Germany industrialized early and completely years ago, meaning that a lot of infrastructure is built out. Changing or updating fixed infrastructure is expensive and difficult, but does happen eventually. In some countries, there was no infrastructure to update, so new stuff was built. It's easier to build a cell tower or high speed rail when there's nothing there before. Much harder to do when the space is already taken and you have to demolish something to build something new.
The lithium batteries aren't the future, most of the energy that an electric car use goes in carryin the massive battery wich makes it also completly environmental unfriendly. Current electric cars aren't the future by no means.
@@Reptileme They are the 'easy' future. The ideal future would be to improve public transport and urban planning to the point where you don't need universal car ownership any more, but the type of widespread social change needed for that would be politically very difficult. People love cars, and they love the freedom that a car gives to plan their day without giving a thought to transport or schedule planning. As that isn't going to happen, electric cars are still an improvement upon internal combustion engines, and one which can be easily substituted in without too much disruption.
I have been a loyal VW customer since about Y2K (one car got flooded, and I still have the other one), and that diesel test scandal was a very dark day for the VW family.
Me too. I switch to KIA. And im very happy. Very good quality.
I saw the cars ability to fulfil the requirements of the test cycle and yet still maintain power efficiency and performance (including higher mpg figures) as a testament to their ingenuity and applauded them for it. Shame they got caught out. That said I wouldn't ever buy one but that's more to do with market and aesthetics.
does europe want a solution? start producing its own car brand in reunion with each of the countries, having each country a share of the company, so we all profit and make better cars, more affordable/acessible then the chinese ones and boom, magical way of solving the problem...by beating gay capitalism
@swampwiz you are loyal, but I am smart....fuck Wolksvagen, they producing bad electric cars... I choose KIA EV and never had a problem with it... Stay with th WV poor @swampwiz.
Lies again? Problem Solving Grab Car
“There are no customer requests for BEVs. None." - Klaus Frölich, BMW, 2019 Denial to the last.
If you force it, there will be a demand
@@tobiasbauer198 tesla sold over a million cars without force
@@tobiasbauer198 yes, all the Tesla customers I see every day were forced by the world government to buy their vehicles, they all had no choice in the matter
@@user-cx9nc4pj8w 2035 europeans aren't allowed to buy new fossil cars anymore. Do you live in Oklahoma and know nothing about the world? In china in certain cities it's impossible to license your fossil car anymore. That's the reason they buy so many electric cars.
They mostly had discounts
Thanks for the excellent analysis! Germany as a whole seems to have become complacent and hostile to innovation and risk taking. Such an attitude spells disaster. Even the reputation for efficiency and quality engineering will not safe it forever!
Yes absolutely! I think the only thing keeping Germany on top (sort of) is their good reputation & PR, but people will finally see stuff as they are. Their “green energy” politics are even worse!
A friend of mine is a car mechanic. He says the quality of German cars is decline, while the French car brands have improved their quality of cars. Also German car brands are now reducing their quality in order to make more profit. More and more plastic parts, instead of metal parts are used.
@@AS-010o0 How is Germany on top when all the innovation and advances are from Asia and a few companies in the US? On top of what? Germany does not have materials or energy so can't compete with the speed of innovation elsewhere in the world.
The other part of this, is that the cheap energy specifically Natural Gas that Germany was getting from Russia, and which was the linchpin of their economic model, is not only being diverted away from them but given to one of their main industrial competitors China, at an even more discounted price about 40% cheaper than what the Germans were already paying. That's gonna have a massive impact on the market dynamics going forward.
The cheapest win-win customer for Russia was Europe, it's more expensive to ship to China etc, but discounts resulting from sanctions... but thankfully Europe & other honourable countries finally recognized Kremlin behaviour had to be opposed.
@assertivekarma1909 I am afraid that 'honorable' countries keep buying the same gas and oil from us with much higher prices. Pipeline is always cheaper than sea freight or especially LNG. And especially if it goes thru several countries to 'clean' it. Now it is definitely lose-lose.
Both Trump and Obama warned the Germans about over-reliance on Russian energy. The Germans even openly snickered at Trump; they aren't snickering now.
@@njkt9ogas from US is cheaper than RF agression.
RF has no as much pipeline capacity to China and China always had different price. RF invaded Ukraine in 2014, Germany had plenty if time to built LNG terminals yet its reliance on RF natural gas has only increased, NS2 was built, natural gas storage was controlled by RF.
Ah, I just love the map work so much. Just gorgeous to stare at.
Yep!!!!
Me, too.
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $150K to $489k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
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There's one thing here though that you're missing. It's not just the German manufacturers but even Tesla with their new Brandenburg factory too. Both Tesla Shanghai and Brandenburg are currently not functioning at peak efficiency because even they don't have enough demand. I think it's a consumer trend that's partly because EV prices are too high for the most part. Here in my country a Peugeot e 208 for example is over 30000€ which is 30% more than a petrol version. Meanwhile both COVID & Ukraine hit VW harder than pretty much anyone else since VW couldn't source chips and their wiring harnesses were made in Ukraine.
I live in the US and begrudge that we built a civilization on the premise that everyone should have a car. Our communities are loud dangerous congested parking lots and it's a distasteful existence. I think the future should be fewer cars, not electric cars.
I think it comes down to the fact that outside of Europe, like in the US for example, the cost of owning a car (purchase and maintenance) is just out of control while wages have kept relatively stagnant over the decades, with only the recent surge in wages post-lockdown finally happening, so most folks are probably forgoing getting new cars as long as possible. Recently, I had to replace my 2016 Hyundai Accent and found that most used cars of decent condition were north of 25k in the majority of cases (there's of course new Mitsubishis I could've taken but I've heard too many bad things about them to bother with them). I got lucky with one car being just at 25k which was a old mileage 2015 Mazda CX-5, it's a decent car but wow I can't imagine anyone else with a lower salary than me tackling the car market at all.
@@ryanh5568 This is true. Also one of the reasons why new car purchases are stagnant is because the illegal invasion of Ukraine happened to raise inflation in the West so much that financing deals are absolutely rotten right now. Where you had 2% earlier, you might have 11% currently. That's a big deal. Personally I'm happy that I bought my car EV in April 2022 with a delivery in late November and because I had made the contract in April I have 2.6%.
@@Armadous Motorcycles are way more fun as transport vehicles anyway. 😃
@@Perkelenaattori yeah also more common for limb amputations.
I'm petrified of another crisis. I'm 35 and I entered my adult life in the crisis. Now when I finally almost saved for down payment for my own flat again it's getting more and more difficult ...
Crises will continue every few years. We had the 2008 Lehman shock. The 1999 Asian financial crisis. SARS, bird flu, Covid-19. The Vietnam war, the 1970’s oil crisis. The fire will continue to burn. You just have to try and position yourself safely if a crisis does occur so you have a safety net. Try to look ahead and keep abreast of what is happening in other parts of the world. Many countries off English language news services that can help.
35 too, but never got my head out of crisis, from day one. Just grimly accept that everything will suck, always and forever, and that whatever you do for yourself and the others is what makes things worse....or more tolerable. My hatred for people and this world never died, but i'm part of the local association creating events for people, and i also participate managing the local library. Those small things can seem trivial, but they contribute to help people forgetting about how much this world deserves to burn, and can warm the heart, even just a little. Swim through the crisis. Be a part of something. Don't be afraid to grow bitter, if it gives you the determination to see what kind of shit the future will throw at us.
Same in RO
What convinced me to buy my house is when I realised that mortgage repayments are about the same as rent. The difference is that mortgage repayments eventually come to an end but rent goes on forever.
@@kiwitrainguy Actually, rent ends eventually too. But it's not something your heirs will be happy to inherit...
German car industry experiences very similar kind of pressure to what the Swiss watch manufacturers have been experiencing when Japan introduced cheap quartz watches. 2022 was the best year ever for Bentley, Lamborghini, Rolls Royce, Porsche. They will adapt by regulating the supply, increasingly shifting to the upper price segments. It will be a loss of market share in the context of a decrease in the number of units sold, but in a financial sense, still decent profit figures. And they are doing fine with electric vehicles. P.S. Seriously, who dreams of driving a BYD? :)
Seriously, who can afford to drive a Mercedes or BMW? Especially given their reputation as unreliable and expensive to repair money pits. I'd rather get a BYD and spend my remaining money elsewhere... A car is not that important if it gets me A to B.
@@TestTest12332 a lot of people actually can. Just take a look at premium brands sales figures. FYI, you don't pay for repair if it's a warranty case, and BMW dealer will give you something to drive while your ride is being repaired. BMW is third most reliable brand according to Consumer reports annual 2022 auto reliability brand rankings.. Your question is like "why to buy a more expensive house?". If you can afford a better product, you just buy it and enjoy.
I think it's also worth mentioning that Tesla is kind of a paper tiger. German companies lied about emissions to look better, Tesla is now getting exposed for doing the exact same thing for the range, and self-driving. Still, this dogmatism killed many of our companies in Europe, Nokia being one big example.
You are passing on nonsense, you have no evidence of your claims about Tesla cheating. If it is a paper tiger you need to talk to the owners of the best selling car in the world, the Model Y. They are very happy with any Tesla that own and will never go back to ICE cars. Germany is collapsing due to arrogance and lack of competitive skills in software development and engineering innovation and its foreign policies that mean it will pay twice as much for materials and resources. There is no way to catch up without all new upper management. VW built a million ID3 and 4 with no functioning software so now are a year old models, 1million finished car sit outside rusting and will never be sold. The market growth belongs to Tesla and about 6 of the most popular brands of Chinese. Tesla is at least 8-12 years ahead in tech and software so how does the German brands catch up in engineering and while paying much more for materials and gas now that they cut ties with Russia that supplied 181 different materials needed where Russia was the primary supplier in the world? Being dependent on LNG from the US at 8x the price of Russian gas means even if Germany copied Tesla engineering they could never make a profit still due to higher cost of materials
My wife and I both have teslas and the range is fairly accurate. The self driving may not be perfect in cities, but on the highways it even goes off exits and interchanges. It passes cars and maintains space between cars. It is a phenomenal technology
"Paper Tiger" is not a valid English expression lieber Deutsche und keiner wird dich verstehen. Maybe you want to go check the facts, sales figures show that Tesla sells a lot more BEVs globally than the German car manufacturers do, this is how it looked 2022, much of DE automakers don't even make it into the statistic: All-electric car registrations in Q1-Q4 2022 (vs previous year): Tesla: 1,314,330 and 18.2% share (vs 23%) BYD: 913,052 and 12.6% share (vs 7%) SAIC (incl. SAIC-GM-Wuling): 671,725 and 9.3% share (vs 13%) Volkswagen Group: 571,067 and 7.9% share (vs 10%) Geely-Volvo: 383,936 and 5.3% share German car bankruptcies are coming as sure as nothing, as Tesla and Co are gobbling up all the former customers of VW, Mercedes und co. Now Tesla and BYD almost doubled their sales.
I'd add something which is not discussed that much. Modern German cars are unreliable and have small resource + having lot of unwanted features you need to pay for. Naturally, people are looking elsewhere or reconsidering car purchases.
I would say that german cars are over engineered.
At a time when GM, Ford and Stelantis are quite close to their biggest strike in history this video has quite a funny timing.
what strike are you talking about ?
@@MrSpajserthe one that will happen soon because there is no way the OEMs accept the wage proposal of the unions. That proposal would more than double the wage and they certainly can not pay that much. OEMs have a low profit margin anyway and electric is a loosing business right now for most companies.
Yes the workers are asking for a 20% raise and another 20% over the next 5 years (don’t quote me on the number of yrs)
I just hope more people buy Toyotas and Hondas. Even Mazda is starting to make very reliable vehicles. If people really want to help the environment they should buy a reliable car that will stay on the road for 20+ years and go for 250,000-300,000+ miles. That ain’t gonna happen with most car brands with their planned obsolescence
@@bm1588toyota is the most indebted company in the history of mankind
Every decade the german car industry gets apocalyptic forcasts and yet there still here and going strong. People tend to forget that we are in a world wide recession and this short term trends are not necessarily predictive. If you dont believe me look up 2008-2010 automotive industry crises and you might get a déjà-vu.
An other KZheadr pointed out - quite convincingly - that Beijing acknowledged German advantage on combustion engine. The obvious move would be to make that advantage technical obsolete - like having the most advanced black-n-white TVs. Hence their overcapacity on EV at the moment is probably the result of that move. If their goal is to ban combustion engines like EU has planed, the Germans can put their combustion technology into the trash can. No one can afford running two types of cars-technologies at the same time on the long run. My headache is, that spending 250b on R&D must come from the bottom line, that is earnings per share. Reducing earnings per share reduces share price. Reduced share prices makes you a take over candidate. Here you *need* a anchor investor for defense: NRW is it for VW as Porsche found out. Klatten for BMW - hopefully. Mercedes is a bit naked. What about the suppliers?
12:08 You can't just stop at 7.5%. Because there are also all sorts of people who service the workers of the automobile industry.
The numbers I have read are at 5%, so I think the 7,5% includes those already.
@@goliathsteinbeisser3547 7.5 includes parts suppliers. He's talking about barbers, waiters, lawn care, etc, ... affects every sector.
To be fair, the overdependence on cars is quite a big issue in other aspects. It doesn't really make sense in most cases to move around more than a metric ton of metal and plastic wherever someone goes, especially when trying to be environmentally friendly or creating a decent urban environment. So a transition towards better public transport could work well for Germany. The question is how well the transition happens. In the UK, it seems like the financial industry took over as the traditional industries died, leaving many people in the dust.
You obviously don't live in the same reality as most of us but please, walk if you want. I like that I step into my garage, push a door button, listen to music and set the temperature as I like, park in a parking deck, elevator to office. No standing in the rain for a bus or wading through crowds of sometimes sick, smelly people. Also, next car will be electric and adding solar so my car will be silent and powered by that nuclear-reactor in the sky.
Right, and then those cars just sit there all day until we're ready to come home from work. It's sort of crazy if you think about it.
@@nunya___ Well, it is actually pretty healthy to walk. The body might take all the punishment in your 20ies, but as you get older, regular exercise becomes more important. I’m happy to live in an area where there are 5 grocery stores within 5 minutes of walking distance, meaning I’m not reliant on a car or something on a schedule every time I step out of the house. I commute to work using public transport, meaning I can read a book, watch KZhead or do programming projects on my laptop. Trains don’t get stuck in traffic jams and are a lot safer for everyone. I also don’t feel the need to judge other commuters with weird stereotypes. They’re generally nice and just want to get along with their day.
@@iffn The gym is a great place to meet people and you get a full body workout but walking is nice too. While driving, I listen to audiobooks, music, sometimes news/podcast. Reading in a moving vehicle makes me sick. The population density is too low here to justify PT (thankfully) and I love it here. Sometimes it's so quite, I realize I'm holding my breath. I can hear a single leave land in the grass from 75 feet away (I know because my clothesline is 25ft long). Here I have flowers, bugs, birds and butterflies in my water garden. Squirrels, rabbits and foxes in the evening. Why would anyone want to live their lives in high-rise boxes, ride in boxes like cattle and walk on concrete all day? Free yourself! Get Out! Get Out Now! Buy a car! Strap a Kayak/camp gear on top and go live a life! It's not too late.
@@KippinCollars ...but my microwave, bed, tv and toilet are also not in use, most of the time. The more you use something the faster it wears out and you have to replace it.
One look at what EXACTLY they are trying to sell to their customers and at what price, will be your answer to why this is happening.
lol exactly, I'm in the market for an EV and the ID.3 is just atrocious. The MG4 costs a good 13k less and offers more while Tesla is still a good 3/4 years ahead of the competition with the Model3 and Y. The truth is that European car brands lost a good decade of EV engineering and supply chain development.
I wanted to convert a van into a camper, my specification included a diesel automatic car, checked out VW, caddy costs an arm and a kidney and a giant mortgage. I thought VOLKSwagen sold affordable cars, so I passed on it.
@@nailil5722 exactly!
@@nailil5722 MG4 Chinese car. Tesla Model 3 and Model Y are a few years old now. They are due for an update. Model 3 is about 5 or so years old now.
And yet this companies aren't very flexible in their price strategies. Energy prices and wages are going through the roof
Sooo even if the German OEM’s lose some share, it won’t be the end of the industry. The global trend is to build in the same market you sell. Tesla has a design center in Germany, will have a gigafactory open soon (if not already), and will source from German suppliers
That would be strange as the Germans source most of their parts from China ( I worked in BMW parts warehouse ) especially plastics, the parts are re-packaged in Germany but the Chinese stamps are in the parts supplied.
Tesla has their large gigafactory in operation for several years and now they are building another but the permitting process is very time consuming and expensive, since anyone can file a complaint like Green party people tried to force Tesla from 'Germany. The original permit was held up years because of environmentalists funded by car companies, filed complaints about water usage which finally was fully debunks but held up production a long time. Germany is not friendly to foreign companies so Tesla's experience has convinced other manufacturers to change plans and build in friendlier countries. Tesla is frustrated with hostility shown by special interests there. After the second factory is done next door, Tesla will not try to build in Germany again, so they have many EU countries inviting them. They just announced a factory for India and Mexico. They will need 2 gigafactories each year to met their 2030 goal of 20,000,000 cars a year made. Tesla makes more of their cars in-house than any other company, so really do not need many suppliers.
Germany has a lot more then one thing to worry about.
*One thing you **_must_** keep in mind is that, within the PRC, Chinese auto companies do not report **_sales,_** but how many cars were **_registered,_** with no check done on ownership of the registration. This has resulted in vast fields of unsold, apparently abandoned, but dutifully registered cars, stored all over China, in fields and in a huge number of buildings that the real estate companies can no longer afford to finish for their apartment purchasers: the colloquially termed "rotten tail" buildings. This means that, like its GDP figure (~US $7T, instead of the propaganda-value US $18T), the number of cars sold by Chinese Communist car manufacturers is tremendously exaggerated.*
More western propoganda
Yeah, at the same China is the biggest car market in the world. I guess someone calculate it wrong. You know, it is exactly the guys like you bring EU into current state. Arrogant for no reasons. The true Chinese GDP is probably way much bigger than the reported one
@@anartapoashan5714cry harder
西方人都跟你一樣又蠢又無知嗎?
@@128weilunwinnie the pooh shill
TY for all your hard work and content contributions…just appreciating
Another point that really needs to be discussed is the tax on, for example, freight costs from China. China is still treated as a third world country. We are inundated with cheap junk, but China also provides quality products often at uncompetitive rates. China also uses the Uighurs and Muslims in two other states. Children are also used. It's not just about rates. Incidentally, much more money will have to be allocated to become independent of rare materials in unsafe countries.
Clearly you’re brainwashed and have no idea What the hell are you talking about lol
you are brain washed , that is also Europe's problem .
This is a major issue Trump with Chi a They enjoy exemptions from WTO status as a developing country and hasn't reciprocate the level of marker access that the west granted them I remember a few yrs ago Merkel and Macron appeared with President Xi online to announce a new investment deal with the EU and I was like really China has stated it aim is to move up the value chain to compete directly in domain you are occupying The deal got put into afterburnder precisely because many countries like Czech republic raise the concern Now it's all coming home to roost
What about the slave eastern european labour germany uses? How many poor children work in the restaurants in germany?
Load of nonsense on Muslims send uighurs
On the cars in China I recommend checking out the EV graveyards. Many cars might have been sold. That doesn't mean they're actually used
There's only one guy making that claim and he's not known to be reliable
That was just a ride sharing company that went bust. In recent months EVs have around 35% market share in China, do you really think 35% of all their cars are sitting around not being used?
Seen that video, Electric Viking made a video debunking it.
Cars are depreciating assets, no? Obviously a lot are going to be thrown away after a few years
@@theebs1 If Electric Viking debunked it. It must be true. The guy is an idiot.
Big thumbs up MAN! Really good summary and a high quality video! Deserv much more views! Subscribed
The main problem for germanys industry right now are the high energy prices due to lack of russian gas and the phasing out of nuclear energy. Currently germany has the highest energy prices in the world, which makes it so that its pretty much impossible to be competetive no matter what field. If conservative partys win this could possibly mean at least using nuclear energy again but if the AFD gains more support they might aim for russian gas.
Oh, surely NOT! Germany just needs to double down on it's cheap and abundant renewable power. Problem solved! The Greens always claim that solar is the cheapest power available, but wherever a lot of solar has been installed (Germany and California) THERE you see the highest energy prices!
Um no. While energy prices didn't help, the main problem was auto manufacturing CEOs being completely pig headed and not investing into EVs when it was time to do so. I guess German/French/Japanese automakers were hit by the usual Innovator's Dilemma...
On a side note: Four days ago the news released a statistic claiming that VW sold more e-cars than Tesla (at least in Germany),
Tesla keeps losing ground everywhere, but Tesla worship is hard to defeat
And yet every one would prefer to buy a Mercedes eqs, because VW electric cars are expensive for their limited range
It is a shame a video like this doesn't get more views. Keep up the great work, guys!
Well electric cars have not taken off in the US Like you would think . But there is problems our power grid is not big enough to go all electric. You think no your wrong , well Iowa sells all of its electric power to California ! It will take time and a Tons of dollars, what will the new power be made with? Nuks, Coal, Natural gas? Heavy fuel oil, What?
You could add the very high energy costs caused by the Energiewende to the troubles Germany car manufactures face.
The trouble is not in embracing the new ideas but in escaping the old ones. - John Maynard Keynes
Keynes also wrote that “The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.” At the end the "social justice" is winning by large margin - printing empty money like crazy for the "social justice" goals is causing rampant inflation, looming deep crisis bringing entire societies into poverty.
@@oliviertwist4955I'm not so sure about that. The problem seems to be too little social justice, rather than too much. Studies by the Rand Corporation and other research organizations have documented the growing inequality of societies throughout the West, which in turn is fueling polarization and the rise of exclusionary populist figures like Donald Trump, among others.
@@guydreamr it all depends on the definition of social justice one adopts. In general terms, social justice can be understood as equality of outcomes according to the Marxist theory ("to everyone according to their needs") or, as equality of opportunities according to the classical liberal theory ("to everyone according to their abilities and efforts"). The Marxist approach to the social justice has already been tried and proven in Russia, China, Far East Asia Eastern Europe, Balkans, Central America and Cuba. We all saw the societies of those countries that were supposed to be beneficiaries of such formulated social justice reject it after dozens of millions of the "beneficiaries" were murdered, died of hunger or in abject poverty. Unfortunately, the proverbial West has not gone through this failed social experiment therefore, it now tries to make Marxist social justice recipe as leading way forward. The proletariat has just changed. After workers rejected this theory in above mentioned parts of the world, the new Marxist ideologues of the West who happen to be in power in most western countries have selected women (_although now slowly fading into category of traitors and being replaced by men who pretend to be women_) and various minorities (racial and sexual) as the new proletariat.
@@oliviertwist4955 Googling "definition social justice" returns the following, which works for me: "justice in terms of the distribution of wealth, opportunities, and privileges within a society." Social justice as interpreted by Marxism has been amply demonstrated to be a failure, however that wasn't your original argument, which was that social justice as (excessively) dispensed by capitalist central banks. Social market economies, which can be thought of as the middle way between untrammeled capitalism a la Ayn Rand and Marxist-Leninist on the other, have been demonstrated to have the highest levels of economic development and quality of life as well as human happiness and well-being. Notable examples, which often actually have social justice ideas such as universal healthcare and affordable housing written in their constitutions, include most of the Scandinavian countries such as Finland, Sweden, and Denmark, as well as the economic powerhouse of Europe itself, Germany. See UNDP, "Human Development Reports." Also see Wisevoter, "Happiest Countries in the World." "The ten happiest countries in the world are Finland, Denmark, Iceland, Switzerland, the Netherlands, Luxembourg, Sweden, Norway, Israel, and New Zealand, with happiness indices ranging from 7.82 to 7.2. Finland is the happiest country in the world, with a happiness index of 7.82." Just about every country in that top 10 list is a social market economy country with strong safety nets.
As someone who works in the EV industry, I found this very interesting and have subscribed. One piece of advice though, this industry develops VERY quickly so you data on battery producers is now incorrect, I believe you used last year's data. It is now CATL, BYD and LG as the top 3.
Your doing a great job
*you're
Good analysis, as always!
What a poignant and well produced video 👌🏽 let me also just say that the language/script is brilliant. The map detail and information is the highest quality I’ve seen on KZhead so far. Great work mate - wishing the German/European car industry a positive future - lots of automobile history there - would love to see it continue into this century …greetings from India 🇮🇳 South Africa 🇿🇦 Australia 🇦🇺 and the US 🇺🇸
I don't understand how electric cars are seen as green by default. The electricity they use still generates a f ton of green house gases. If we had a green electric grid, then I could understand.
Also considering the fact that the the extraction of rare earth minerals is also hugely demanding. More consumption will never be the answer, and electric cars will not accomplish anything in lowering emissions, lower consumption lowers emissions, but that won't increase any stocks
Even if an electric car use dirty electricity it’s still create less CO2 than an Ice car. Many manufacturers are moving towards rare earth free motors the new Tesla is an example of this. At least there is innovation in the EV sector the ICE sector just doesn’t seem to know how to react.
@@capslocked7274It’s easy to tell people to just stop consuming. It’s hard to come up with a solution that actually works. Satisfying consumer demand for cars in a more environmentally friend way is much more reasonable than pretending like you can enforce a decrease in demand for cars.
Just get government to order everyone to do what the Green elites want. Whether it works is really not important. Central planning under Stalin worked the same way, not coincidentally.
@@ronengel4586 Nonsense. Where do you think these materials come from? Why do you think they're so expensive? They take more energy to make is why!
18:30 Japan is lagging behind even worse than Germany in the electric car race.
In some way yeah, but I think Toyota is a bit different than other brands as they hold back in some way. They are conservative as duck. Toyota doesn't push their car to its limit, that is why they have less HP and range than their competitors. But I am sure you will get exactly what they promised for many years to come. Toyota spends a lot of money on R&D but they often wait long before they are confident enough to bring something to the market. They have always done that: in the early 2000's European cars had LCD displays and a lot of sensors and electronics, Toyota had none of that except for the most expensive Lexus cars. But most of these European cars are on some junkyard while these Toyota's are still going strong, often in second / third world countries to which they were exported. Imagine that many of the early model Prius still have their first battery, still in working order.
Japan lacks behind at the dealerships, not in their laboratories and test centers.
Apparently they're not even invested or interested
BMW and VW are actually two of the Most advanced car companies regarding evs according to the icct
@@MrNeversweatcause they know they are shyte cars
Driving a diesel car is still much cheaper than an electric car
That's why carbon taxes are needed ---to destroy the value of the family car. Despite Greens promoting the virtues of electric vehicles, you'll notice that they don't intend to give people a choice in the matter.
@@SeattlePioneerWhat is need is fast chargers with reasonable price per kWh
Germany has always turned around 😊 a part of the problem is that their industries are to big and slow to react. They will react has they always did but as an European I'm sad with our limited capabilities to produce and implement changes 😢😢 .
The strength of the German economy are SMEs
Once they do I'd buy one of their cars before I'd buy any Chinese junk. German build quality is far superior and always will be. The only ones who can give them a run are the Japanese.
德国日本两个民族是我在全世界最喜欢的民族 🇩🇪🇯🇵！中国纯纯工业垃圾 我买了的朋友都在骂 关键是坏的很快 坏了维修态度也很差 走的就是不靠质量靠坑人路线 劣币驱逐良币
是这样 这两个民族是最锲而不舍的
Necessity is the mother of invention...
Herbert Diess isnt WW CEO anymore, thats why WW is going down, he was a great CEO
Isn't he exactly the one responsible for the failings of investing in EV's on time? The difference between a normal and great CEO is that a great CEO can plan for the future. Since we can only judge this in hindsight, he may have seemed great at the time but now isn't looking great at all.
@@ulyks i agree with your definition of great CEO, but i dont agree with your evaluation of him As soon as he got the CEO position he had to take care od the dieselgate scandal, right after he started pushing for EVs inside WW, he made meetings with a bunch of people to push for EVs and made agressive targets, he failed with the software, he tried but it didnt suceed, but about the EVs, i think he did a way better job then the actual CEO, well know with time tho, one think is for certain, they arent rushing EVs anymore like if seemed like they were with Diess
great summary. thanks for the effort!
Very good report and analysis!!!
It's not over yet: in the latest statistics VW has overtaken Tesla in EV sales in 2023 (VW: 41,475 registrations, Tesla: 40,289)
What are you reading? Car and Driver paid for by legacy auto companies ADS . Even the chinese figures use plug-in hybrids and compare to Tesla a pure battery electric car producer. The Germans are in trouble,the Legacy auto makers are in trouble if you bury your head in the sand you will not survive!🤔
Really?! Is it a big achievement for Wolksvagen to catch up with Tesla sales? HAHAHAHA....
Uhh yes, I think it's kind of a big deal, at least in the context of this video. I wouldn't bet on VW staying ahead for long though
@@claykkari the big deal is that in 2023 Tesla globally is #1 in Battery Electric Vehicles not ICE cars with small batteries. As well Tesla makes money onEvery sale, VW loses money on every sale of their electric cars.🤔
@@michaeldautel7568how do you know?
In the city where I live, Valladolid (Spain 🇪🇸), there is a great dependence on the automobile sector 🚙, since the Renault factory (FASA-Renault) is located here and it provides many jobs, both direct and indirect. So let's hope that this important economic sector does not suffer in the European Union 🇪🇺. By the way, SEAT was created in Barcelona, in 1950, during the Franco dictatorship; but in 1986 it was privatized and was acquired by the German group Volkswagen.
it will suffer, the goal is to made car free cities. the "heavy Industry" have no future in europe. In the USA you can sea it, less heavy industrie and more Offices for Software and more. You can only hope that you kids work in Office and Renault work on good E cars
I really hoped the European car industry could do it, but the complete disregard for self-improvement after Dieselgate has me leaning towards doom. The European industry is acting way too slowly, even for their own survival. And I don't even like Tesla + Musk.
@@Growlizing i don’t like musk too, thats why a Toyota EV is the next car
EV will DOOM combustion in a few years, not decades... beware...
There are some companies with production plants in Spain that have confirmed the allocation of new electric vehicles in the future. As far as I know Renault plants will get none.
Great vid bro. In case u should find this info helpful: Volkswagen is being pronounced with a „F“ exactly like in the word „food“. Best wishes from Germany!
What happens when you drag your feet with an old technology to support the vested interests of the gas industry.
A question is have cars in general become too big, complex and expensive to buy and maintain/repair?
Yes, I believe so. (40+ years auto technician)
Yes, they have.
It never will be admitted, but you can’t consume your way out of a problem that a consumption-based economic system created in the first place. To solve climate change, all of the following will be needed. A comprehensive problem requires an all-encompassing solution that considers as many factors as possible. -Large scale deployment of breeder fission reactors for the power grid. -large-scale renewables deployment in underutilized highly suitable areas (Geothermal in Japan, Solar in Saudi Arabia, tidal hydropower in the Gulf Stream, etc…) -investment in non-electrical means to adequately store this renewable electricity, since lithium is finite (synthetic fuel generation can be an example of this, as are gravity batteries) -Massive investment in public transit in the U.S. Too dependent on fossil fuel cars in a systems level, which means even higher carbon emissions than China. With 1/4 the population. -large scale carbon capture efforts funded by tax increases, especially on the production of plastics and other industries that are disproportionately responsible for emissions that climate change, like concrete and asphalt production. Combine this with improvements in systems efficiency such as better home insulation, improved waste processing, and a massive drive to cut food waste to negligible levels to cut consumption without meaningful loss of function and we could very well still exist in 100 years. I hope. It’s all interconnected and a part of the same problem, it’s just most people, experts included, are so hyperfocused on their one thing, the bigger picture is missed, meaning missed opportunities for synergy.
A thing to note about food waste is that it'll involve cracking down on things currently thought of as green; for example 'biological/organic' produce is simply and inferior and gargantually wasteful way of producing food. Another thing is promoting frozen food instead of the easily spoilt 'fresh' foods people demand from supermarkets to fast food and restaurants.
@@marvinslomp3564 after the culinary disaster that was the bland, processed, industrialized nightmare that was 1950s American food, this is the pushback. People now want real, flavorful, AND ethical food. To address the issue of wastage in this context, a more decentralized “wet market” style system as seen in most developing countries for distribution of produce may be in order. Smaller vendors eat greater per unit losses on wasted product, giving them stronger incentive to reduce waste. American style big box supermarkets, in contrast, spend so much energy on aesthetics and often toss out perfectly good food for very dumb reasons, enabled by their stupidly large cash flows (despite terrible margins). Most of these 20th century relics still use non-digital inventory management systems (WTF?!?!?), which means a LOT falls through the cracks. Also, in America, rediscovering the art of pickling anything and everything, and utilizing more locally available food (such as dogfish) in lieu of more traditionally accepted food would go a long way in reducing waste and the need to refrigerate. Plus, pickled stuff tastes great! More picked vegetables would also provide a larger source of waste brine so the heavy rock salt use in the North could end, as it destroys cars’ metal chassis (more waste) destroys local wetland ecosystems through brackish runoff, and corrodes reinforced concrete (highly polluting to make) infrastructure. A ground up rethinking of every aspect of every current system that lets the society operate is needed, at all levels. Anyone that says otherwise is either a politician, and/or is trying to sell you something. Based on what I’ve seen though, Americans are massive suckers for even a mediocre salesman.
Central planning is needed to solve all our problems, Just as with Stalin and Mao! If the solutions don't work out, no one would DARE point that out. Problems SOLVED!
If ESG is killing giants, imagine how it will work for the little guy...
I find it hard to believe there's enough lithium in the world to provide millions of batteries for cars phones etc
I’m up for your analysis. Well done! Germany is just experiencing a transitional period of "breathlessness", primarily in their economy and in their political system. After years of success and a certain complacency, several internal and external factors came into play - I mean too hasty decisions of regarding the energy sources (nuclear!), arbitrary cutting off from Russian gas supplies, as well as a too subservient compliance with the US sanctions against Russia and China. Usually, a powerhouse like Germany uses to overcome economic difficulties relatively expediently. This time, however, the circumstances are more complex and the economy is not the only cloud on the horizon.
Gas as just one of the 181 commodities German industry depended on from Russia at the lowest prices and reliable supply but being cutting itself off from those contracts on orders from the US, means Germany will never be completive again. Some of those needed items, such as industrial diamonds used in all cutting tasks is a problem since Russia was supplies 92.5% of world market, and machined metals like Titanium. So cutting their access to Africa and Russia at the same time means some industries will no longer be viable in Germany, but it is more important to obey Washington than have a viable industrial base according to German politicians. Are there any more incompetent leaders in the world than those ruling Germany now? The Greens will not be happy until everyone is living in caves. Was that really the will of the people?
agreed
It's easier and cheaper to copy than innovate. Let the others develop new models and batteries, check the market and than see if it's still a good business or not.
There is one practise distorting the the sales of VW: leasing by workers (and retired workers). At least here in Germany, new cars are leased by workers for e.g. 6 months and then sold for a second hand price that is much lower than the new price minus the earnings from the leasing company. Example: 6 months leasing a VW Golf costs ~200€/m, earnings (without costs of operations for the lease company) are €1200. But these leased cars can then be bought at special sales for around €5000 less than new price. Given the amount of active and retired workers participating in the lease plans, several hundreds of thousand cars a year enter the market this way, never being put up for normal sale. The second hand buyer think they got a great deal (the small VW Golf sold new is as expensive as a compact Toyota Camry, although the latter scoring 4-5 times as high on reliability). I asked several people working at VW (and leasing their cars) how the low lease price-low 2n hand price combination is economically feasible, but none of them was able to explain. To me this smells like VW subsidizing the lease companies as a dumping practise, to create a second (and third) hand market that especially around larger manufacturing plants is saturated with VW cars, which IMO it wouldn't be the case if people were choosing for quality over (artificially low) price.
2:20 As you can see in this graph, VW, Audi and Porsche combined (all part of VW Group) sold more BEV's than Tesla.
lol, an vw eup doesn't have the same value as a Tesla
The German car industry would not be in this position if companies like BMW would not be using so much plastic in their cars. It makes them non durable and when something does not last, customers get pissed off. One of my friends told me once, I will never buy a BMW again. He switched to Lexus. Every brand including the Japanese ones have degraded in quality, but BMW is one that has simply jumped off a cliff.
When compared to worldwide sales bmw outsells Lexus massively. When it comes to EU Lexus is non existant. Sure BMW are not reliable, but Lexus interiors are 10 year llder than the competition
@@1Ministras the issue now is the cost and quantity of EVs not so much Lexus versus BMW interiors.
Strange. Drove from 2015-2019 and from 2019-2023 two 330D (2015 model and 2019) M-Sport. Amazing cars . So fun to drive and with both not even one problem.
BMW had certainly had better times. But rising wage coats and energy prices are a huge problem for the industry
Hear hear. Japanese cars are idolatrized by weebos but are ugly. And to think that Japan is imune to the disease of cutting corners in a circle is just weebo retarded thinking.
My cousin once bought a 🇩🇪 BMW but he ended up just selling it after 8 months due it being high maintenance, having multiple problems and needing to be taken into the garage every other week. He replaced it with a 🇯🇵 Toyota pickup which proved itself to be incredibly reliable. I drive a 🇰🇷 2006 Hyundai and it's also been doing really well, whereas a girl I dated owner a 🇩🇪 2018 MINI (owned by BMW) which needed to regularly be taken to and from the mechanic due it having issues itself. German cars outside of Germany just aren't that reliable.
Haha ever driven a french Car ? Ive had a vw Passat and switched to a Peugeot 508 and let me tell you that thing is a money pit.
Neither are Chinese EVs. They are blowing up or breaking down to frequently. Chinese consumers are complaining about this but the CCP sadly ignores them as they force the switch to EV technology. Same with the US. The land is large and wide. Getting stranded out in the wilds isn’t really a fun experience let alone having a dead battery. EV cars require special tow trucks. Because of the car batteries they have to be loaded onto a tow bed truck, very expensive also! Buyers beware, they tried EVs in 1900’s Germany and it was also originally built by Mercedes. Sad fate they had to switch to petroleum cars due to the convenience. Technologies gotten better but so has the costs compared to ICE cars. Imagine having to trade out the EV due to battery malfunction. Truly costly decisions unlike traditional ICE.
Very well researched video, thank you.
The german economy is very diverse. For instance, the portuguese economy is 12% dependent on tourism Germany is fine. Reforms as needed, but nothing is going to colapse.
let me guess... you are german
Im seeing lot of similarities between Nokia`s fall in early 2000`s, and German car manufacturers struggle.
Nokia is one company.
@@tobiasbauer198so is vw
@@crimsonlightbinder it's not
They’re selling overpriced cars that mostly appeal to the financially unaware. Why shell out extra for a car that demands premium gas and comes with sky-high repair costs?
6:00 "During every driving, such low emissions proved impossible." Wrong!!!!!!!!!! Fact is PSA Diesel vehicles easily met required emission standards of the time. Volkswagen simply just didn't feel like adding the available latest emission preventing technology to their cars.
Good analysis. But, never, ever write off the German nation's ability to adapt and pivot to a new direction. It may not happen quickly, but it happens with a great deal of purpose. Greetings from Spain.
German management and production process is far less effective than in Japan or Korea. They're not able to do this pivot.
Germany is toast. They're not going to survive the transition, at least nothing like what they are now.
@damianrybinski7386 Impressive nations no doubt, and I wish them well as their large automotive sectors pivot towards EVs too. As I understand it, companies like Kia and Toyota are equally having problems competing with the Chinese in Asia when it comes to EV sales. No Dieselgate fallout there, but an industrial superpower living next door.
@@damianrybinski7386Japan is so ineffective you can’t change company or you will never be promoted also in Japan you need to stay hours after your finished with your task to show how dedicated you are to the company. Japan is overrated
@@wahresrom8477 You have no idea what are you talking about. Read about the Toyota Production System and the Lean Management.
German manufactures are catching up faster than you think which doesn’t mean that they dont have any problems but they’ll find a way to be on top of the game again. A few days ago volkswagen annouced that they developed a new battery technology which makes it way cheaper to produce which is really important since the biggest problem of German manufactures is the price of their vehicles
Excellent report!
Great presentation. Thank you!
I feel like, as a european, while the economic consequences of losing car manufacturing is bad, I feel like it would be a great opportunity for Europe to refocus into rail and other public transport, cars are not the future, they cling on through lobbying, bribes and the fact that in the last century we built infrastructure around them and for them, the loss of native automotive industry would make it more appealing to move to public transport and rail as a way to be independent from foreign companies, especially from US ones, and also not having massive native automotive industries and the very real fact of bribery that these companies are ingaged in, would be lessened as result, thus infrastructure and life in Europe might improve, certainly I would preffer a less economicly dameging way of moving towards this, but maybe that is what Europe needs for progress
It will be awfully painful but since there is a shortage of skilled labour in so many areas, the automotive industry employing fewer may lead to some positive effects in other areas. Europe still has the capital/skills/technology but we can't afford betting on the wrong industries again and again
@@corvus_monedulaRail is always a good decision
That is a cute idea but rail is simply not profitable since the 19th century. We all agree cars are not the future. But rail is no substitute, if anything, you spend more money on it than you get back and, if anything, Europe's different nations are a great testing ground for all types of modalities and no nation, despite the diversity of private to public ownership ratio has figured out a way to make profit. It is always something the tax payer subsidizes.
Your a bit delusional if you think motor vehicles are not the future and are somehow going to just be removed and replaced with monorails and public transit. I'd very much like to hear the explanation for how people in remote parts of say Eastern Europe, or Scandinavia, Or individuals who live in mountainous locations in Southern Europe or the Balkans where it's too remote for a monorail and infeasible for a public bus system as the location itself is so remote and small that running a bus up there would take hours and hours just for one bus to arrive. Then take into account the possible poor reception and the idea of E scooters or whatever horse shit someone in Berlin or Paris will peddle thats now also off the table as well. So are all the people outside major metropolitan area's suppose to just fuck off then?
Well, the German population is completely car-brained and are doing everything in their power to prevent public transport to become usable there.
I love my Volkswagen. It's been such s great car for ~10 yrs. now (100,000 miles). I hope they make the transition. Buying into XPeng might help.
They will make a transition into nothingness....
It's always good to learn new things. The other global leader in the car industry, Japan, has also fallen behind with this new technology. It should be remembered that the new players in the industry did not have the legacy issues of the old players and were able to develop in many cases solely with Battery technologies, while the Japanese and Germans had legacy costs to manage as well as new costs.
This is what happens when you charge $3000 for a car navigation like additional car equipment in 2023.
People are just starting to understand that having less cars in cities makes cities better.
No, it means the next planning will have smaller and less roads for the cars
What about people? Do they feel better not driving their cars? Isn´t their life more miserable? It is not right to re-educate drivers for riding bikes all of the sudden. Small business need vans, pickups, cars. Families need comfy transport. New policy is just to charge anything and everything around cars. Have a look at mad program ULEZ, Ultra-low emission zone for London. Cars are not banned but charged by 12,50 GBP per day! The point is not get clean air but more money from common people. Poor women traveling by public transport at night. Is our world safe enough for kids traveling to and from school on their own? Cars mean safety, too.
@@marysmik9812 i meant people who cannot go to the local store one mile away without a car..people who need to take their kids to school 2 miles away.. pointless useage.
@@MrPigeonaids I see. They are many, too. Unfortunately eco-terrorists who are covered by politicians do not difer people I mentioned, from people you mentioned.
Dude, such a missed opportunity for “pun intended” at 11:47. 😂 “Germany has been the main DRIVER of the automotive industry” 🥁 😂 Great report overall. Super interesting for me as a German citizen even. I don’t drive, so no clue about cars whatsoever. This has been quite informative. Cheers. Keep up the good work. I’ve been following the channel since the video about Russia’s future collapse. I’m Ukrainian-Russian , but been living in Europe for over 14 years. Anyways. Just thought I’d leave this comment. Cheers from Barcelona (I live in Spain. We’re the future energy powerhouse of the EU 😅 🤞)
Great analysis and video.
Electric cars are a shame our grid cannot support them all.
If you thought the German auto industry was in bad shape, the Japanese auto industry looks worse.
And the Chinese auto industry is the worst of all!
Time to buy some Mazda
Due to strict rules people will be using vehicles for 20-30 years without almost any emissions control instead of switching to Euro4/5/6 level vehicles. There are still a lot of old vehicles on road that need replacement.
No, they don't need to be replaced with other cars. The car is the problem and it has to go, it is no where near sustainable.
@@YeeLeeHaw Will the horse make a comeback? How the fk are you supposed to get around without a car? Public transport only works inside the cities.
@@MiratesusYou'll be forced to move into the cities, or perish.
@@gfys756 probably, I would rather fight for my independence than being forced to move into the city.
@@Miratesus Yeah, but they'll just freeze your bank accounts. Plus, Europeans don't really have any capability to fight against their leaders
German coal fire power plants is gonna be lit!! 😂😂😂
Awesome analysis. Kudos.
I’d love to buy another German car (prev Audi owner) but they are horribly unreliable.
Exactly. Older Mercedes from the 1980's could run forever. Now you spend half its life in the shop
@@worldofdoom995Thats not only a problem of german cars, look at Volvo for example the ones build in the 90s could run for hundreds of thousands of miles while newer ones break down much earlier and are unreliable as well.
Buy opel. It's cheaper, even normal people can afford it.
BMWs are reliable compared to VAG
I wish we still had GM importing Opels into the US those were pretty neat@@tobiasbauer198
I know as a German I should stand behind "our" car industry, but honestly they fucked that up on their own. Personally I think they deserve to fall if they can't make it, the German state shouldn't put them on life-support. You don't get a liver transplant if you destroyed yours through drinking. I hate it when these CEO cry for help to save jobs, get that help and end up cutting jobs anyway while continuing with the same M.O. as before. Too big to fail is too big to exist. Also, the main worry in Germany isn't the car industry. At least not in the populace and it is not what is fueling the AfD. There are these "New-Europeans" which you find in every village in Germany nowadays that are the main reason for the raise of the AfD. And there are too few trained personal in so many branches of work. From emergency car, to car workshop, to electricians, to anything. Take what you want, there are too few people available that are capable of doing it and these "New-Europeans" are often useless in many fields that involve social things, which are so many jobs... because if you can't speak German or do not care or understand German culture these things are difficult to do. Compared to that nobody cares about VW or BMW. People just worry that cars are expensive not what the big industries are doing.
The main reason is, that old people and old fashioned people think germans will go extinct, because the foreigner reproduce faster than we germans. The same thinking that drives Putin into Ukraine, proclaiming queer people are from hell and such idiocracy. Or look to the US conservatives. The same fear, others than white americans can dominate the politics. Politics have to change, we can have a decent migration law. And we have to make it public in a way everyone likes it. That will solve the problem. In Poland and Hungary it works. Why not here?
Turns out these "new Europeans" are necessary to sustain your very generous pension system.
@@migpinx if they contribute to the system at large, wich 60% since 2015 do not.
Be happy that you have immigrants willing to work in your fields and vineyards and do work Germans refuse to do . Now that most of the original Gastarbeiter have retired, someone has to take their place.
Yeah, because immigrants work the fields... I am not sure if you have ever been to germany, but that's not where you'll find them. They are usually being exploited through low-wage jobs by companies like hello fresh, amazon and the like. Which is another can of worms... Also the concept of Gastarbeiter was crushed by Gehard Schröder who fucked us over quite good. I mean all our leaders do.@@joesoy9185
very good research... i have to see it again and validate its data. thx
No one in Britain wants EV, can't get insurance now. To many fire's. 👎
German engineers would be dominating every industry today if it were not for German politicians and bureaucracy. Great young inspiring German engineers quickly realize the hopelessness and exorbitant expense of doing business in Germany and quickly sell their great ideas to Apple and Tesla. Greetings from USA.
Nope we have forgot to think out of the box, and companies hamper progress more often than not because "we always did it this way" mentality. The writing was on the wall and still the mantra was "4-stroke inline, manual shift", while Toyota launched the Prius. When Tesla launched BMW stuck the nose into hybridsystems what was the result? A football-mommy´s-tank that only took 11 insted of 13l/100km. Bravo... Years later BMW launched an actual working EV i forgot the name of - and they canceled production a few years ago offical because the sales were underwhelming inoffical because it doest fit the brands image.. The strategy is and was to "sit it out" just like "the internet is just a fad and will never stick" - its pure arrogance and the bill for that is about to be delivered...
Germans are not even able to write software 😂😂😂
@@alessandroalessandro4656are you sure about that? SAP is quite a big company. We have to few people with the skills and knowledge needed in the IT industry, instead we prefer to lend us workers from indian tech companies.
Nope not even close to competing with the US and China. Without your government rules, a 4th Reich will rise and die in ww3 🙄
@@alessandroalessandro4656 Maybe, but Germans are absolute champions when it comes to mechanical integrity and mechanics of a car in general. Yes, newer German cars have poor reliability but it is always related to software and electronics. Handling and driving of a BMW or MB is superb, nobody else comes close to it.
I'd just like to add something a little more specific to the point made at 5:20 It wasn't that internal combustion emissions couldn't get any more efficient cos innovators/engineers/physicists are constantly finding ways to increase efficiency (insert German efficiency joke here) but rather the lack of understanding of diesel emissions in general, along with large government subsidies. These factors combined with intentional overproduction and dishonesty were quite literally the perfect recipe for Fraud, the only thing that surprised me was that only volkswagen were persecuted initially. And even after others were found to be doing the same not one of them were punished as harshly as VW. God I hope Hydrogen engines stop all this shit.
I hope for fewer cars, I want a livable city with people and kids on the street rather than SUVs and exhaust.
@@goliathsteinbeisser3547 me too, but electric cars are still better than petrol cars, and hydrogen cars could solve EV's battery problems, both in sourcing, flammability, range, and efficiency. They are a good investment.
@@user-cx9nc4pj8w hydrogen cars will NEVER GOING TO BE common because of lack of infrastructure....
To be honest, most people I talked to in Germany were not surprised when all of this blew up. Most people KNEW that cars performed "better" on a test stand than in real life. There is much more going on: i,e, The Smart cars using way too much for their size. I got the explanation from a friend of mine who worked at Bosch who wrote Software for that: The car uses more fuel to heat up the engine quicker so that warm air for the heater is available quicker!!! The Manufacturer wants it like this because the customer demand it! "No one" is interested in saving of fuel, if the compromise is less comfort... (Look at the car sizes 3 years ago and compare to today. Electric cars are monsters in tems of weight!) My 2007 Dacia Logan (mid sized European Station wagon, almost double size than a Smart car) uses only 3.8 Liters on 100km, while a Smart uses more like around 6! It is cheaper to run than almost any electric! (Unless you have your own solar energy, but hey, during the day my car is at my work place and not at home charging! So does not make sense) His friend actually wrote a Software you could upload to any Bosch injection pump to instantly use around 1 Liter less fuel... his idea was blackshelfed...
Tbh everybody who once sat in a Benz knows not a Tesla nor a BYD will every be as smooth
Electric cars are crap, but nobody is allow to say it loud.
great video, I'm just a little sad that you didn't mention the Rimac electric cars company! a company from Croatia in which Volkswagen also invested. maybe a drop in the ocean, but time will tell!
A million dollar supercar is totally irrelevant to the conversation, regardless of how cool it is.
@@hammocktimenapper irrelevant, it can be argued that precisely because the highest performance car is excellent for testing and developing new technology. many parts of the same technology are installed in various German and European car models. but the volkswagen group has a percentage of the ownership of the rimac company, therefore a small part of the company that is being discussed is omitted from the video, which is directly in charge of the topic that is being discussed. development of new technology.
Rimac is not specifically an electric cars manufacturer, but excels producing in overpriced supercars. The relationship with Volkswagen group is more complicated. Volkswagen has sold to Rimac an important share of the Bugatti company (car prices starting at some 3 million USD piece).
@@hammocktimenapperit will be important for the development of future technologies, which will benefit cheaper cars (Like charging speed)
Typical EU way of thinking. No wonder EU is losing to USA and China massively.@@hammocktimenapper
Hurray for Germany. Diesel cars and coal electricity plants all in. Will be trading in my 56k diesel mercedes for a 40k tesla which I charge with my solar panels. To roadtrip I will supercharge my way all around the continent. Goodbye clogged particle filter hello phantom braking.
Lol have fun repairing it 😅 6 months - 30 service calls for my close friend's Tesla. Electric cars do break and are very difficult to fix. If you like feeling bumps and hear noise - go ahead 😅 better pay slightly more and buy BMW i4 for example
Hmm economic depression in Germany in the 20s ….sounds similar to the last century,guess we are going for a third round!
This could probably be called a Legacy Car Problem. Most of the American, European, and Japanese car manufacturers were living in denial on the move to EVs. They wanted to believe that the primary drivers for moving to EVs were political ones that they could control with influence on governments and popular mindset. And so they ignored the other components driving consumers towards adoption: individual ecological accountability, concerns of energy dependence, technology fans, performance benefits, economic benefits, etc. We've already reached the point where EVs are cheaper to "fuel", cheaper to maintain, and have a lower total cost of ownership. Once they pass the tipping point where they are also cheaper to build and to buy, the adoption will accelerate.
German automakers: Everybody sing together: Atlantis is not sinking!!
Nobody's been buying EVs since around July. Stock is growing
@@KDR816 because everyone is on vacation in the summer... Just watch the autumn...
There isn't enough Lithium in the world for us to mine to satisfy the EV market. Also batteries need a total refit after some 10 years. I don't think EVs are the future, but the middle step to something else.
EVs are the 'easy' alternative to building proper public transit. They are much more expensive overall, and while not /as/ environmentally destructive as ICE cars, still not truly sustainable. But they can be swapped in easily without needing any change in people's day-to-day lives, or politically difficult capital-intensive infrastructure projects.
@@SeattlePioneer I was thinking a form of hydrogen ICE paired with better long distance trains
@@sfctw1 Thinking ----that's the EASY part. Insignificant, really compared with actually building and operating a functioning system. Thirty years ago, people were THINKING about how easy it would be to eliminate CO2 production ---solar and wind would solve THAT problem! Meanwhile, of course, atmospheric CO2 levels have continued to climb EVERY YEAR, as always. Al Gore's Kyoto treaty has not had any significant impact AT ALL if you view a graph of atmospheric CO2 levels.
@@SeattlePioneer and you think if every US citizen abandoned private cars things would change? Industrial production, mainly in China and India is killing the planet. Not some soccer mom with a V8 SUV
the crazy thing that the success of tesla is partially build hype marketing and lies about the features. The latter especially with autopilot and range.
This is false, Tesla have the highest safety rating of any car ever made. THe features in a Tesla are heads and tails above everything else, and its driving assist software is a work in progress that currently can navigate anywhere, stop at lights, stop signs, city streets and highways, often never needing an intervention by its driver. It has been getting better and better as time goes on. Its not a matter of if but WHEN that Teslas will become fully driverless.
As proof, one only needs to realise that today there are over 600k drivers with FSD (Full Self Driving) driving in America and Canada, there have been zero deaths and many lives saved.
@@jaybyrdcybertruck1082 it is so safe that the same tech is not allowed to be used anywhere else because of safety concerns. There were also quite a lot of deaths... evidently.
@@jaybyrdcybertruck1082 nice simping for a billionaire. sounds like you never drove a tesla.
Could be, but in terms of range, performance and software they are years ahead of the ID-series Volkswagen is currently making. Yes, Tesla is not perfect and they have issues with reliability, but the ID cars are plagued with bugs and their petrol cars are generally unreliable. And imagine Volkswagen is way older and had a lot more experience and capital to work with.
Within two years, an electric cycle will be more expensive than A VW,AUDI,MERCEDES,BMW, etc, because nobody will want one of these cars.
18:30 it's worth noting that the Japanese is currently lagging behind on electrification, the Koreans has surpassed them in a lot of aspects