After yet another blow for European car manufacturers: where does this end? "The worst is yet to come"

The European automotive sector faces severe challenges, with Stellantis reporting poor quarterly results and significant job losses at Volvo and Volkswagen. Economist Roel Gevaers predicts that the worst is yet to come, as overcapacity and declining demand threaten further layoffs. He anticipates that major manufacturers like Mercedes and BMW will also need to restructure. The future may involve increased collaboration with Chinese automakers, who are expanding their presence in Europe. Despite the difficulties, experts believe the sector will not disappear but will continue to shrink, with hopes for recovery through electrification and synthetic fuels.