Download
Europe's energy crisis hits German automotive industry
03:51

Europe's car manufacturers have been hit by another roadblock. Following logistics backlogs caused by COVID-19 shutdowns and a scarcity of semiconductors, they must now navigate the complications of rising energy prices and potential power cuts. 

Germany approved a 200-billion-euro (about $199 billion) energy relief package on October 21 to help ease skyrocketing prices for industries and households. This comes as the country's car makers suffer a blow from the ongoing energy crisis.

Search Trends