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Study: How fast the share of the global car market grows

The management consultancy AlixPartners expects competition from China to place increasing pressure on Europe's car manufacturers. According to the study, China will take over a third of the global market by 2030. The business model of German companies will have to change.

By Christiane Kuehl

06.03.2023, Brandenburg, Meseberg: Volker Wissing (FDP), Bundesminister für Verkehr und Digitales, spricht bei einem Pressestatement vor der Klausurtagung des Bundeskabinetts. Das Ampel Kabinett hat sich zu einer zweitägigen Klausurtagung im Gästehaus der Bundesregierung, dem Schloss Meseberg zurückgezogen. Foto: Michael Kappeler/dpa +++ dpa-Bildfunk +++

Data transfer: Why Scholz is angry with Wissing

Federal Chancellor Olaf Scholz (SPD) has criticized Transport Minister Volker Wissing (FDP) over a Memorandum of Understanding on data exchange concluded with China. Wissing rejected the Chancellor's criticism.

By Felix Lee