Germany's auto competitiveness faces crisis amid profit warnings

In recent months, Germany’s big three auto companies have issued profit warnings amid tariff tension between the European Union and China. The dispute comes as industry leaders in Germany acknowledge their long-successful business model is facing unprecedented pressure from a number of Chinese electric vehicle makers intent on gaining market share in the European market. CNA’s Trent Murray reports. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia